Jobless Americans climb to 551,000 in September 2009

The count of Americans seeking unemployment benefits for the first time climbed unexpectedly by 17,000 to 551,000 for the week ended September 26, indicating that labour market remains strained despite easing economic conditions.

The figures come a day after official data showed that the US economy contracted less than expected at 0.7 per cent i the June quarter.

According to the US Labor Department, the number of initial claims for jobless benefits rose 17,000 to 551,000 for the week ended September 26.

In the previous week, the figure stood at 534,000. As per the data, the four-week moving average was 548,000.

However, the count of those receiving unemployment benefits dropped as much as 70,000 to 6,090,000 for the week ended September 19.

"The 4-week moving average was 6,154,500, a decrease of 39,250 from the preceding week's revised average of 6,193,750," the Labor Department said in a statement today.

Yesterday, payroll-processing firm ADP in its National Employment Report said that 254,000 jobs evaporated in the American private sector in September.

However, the report noted that the decrease was the smallest since July 2008.

Agencies

Gender inclusivity awards announced: NASSCOM

NASSCOM, the premier trade body and the chamber of commerce of IT software and services, today announced the winners of 'gender inclusivity' awards instituted by the organization.
The awards, which recognize outstanding practices to promote gender empowerment and women leadership development, were declared at the 3rd Annual IT Women Leadership Summit opened here on Wednesday.

It would be presented at the gala award nite being organized as part of the summit tonight. The 'gender inclusivity' awards recognize the efforts made by the company through policies, procedures and systems to foster inclusivity and innovative programs that are targeted at strengthening gender inclusivity at the work place.

Infosys Technologies walked away with the award for excellence in gender inclusivity from the IT Services and Product Companies sector, while IBM India Pvt ltd bagged the award for the most innovative projects in gender inclusivity.

Among the BPO sector IBM Daksh Business Process Services emerged winner whereas Ajuba solutions and ADP private limited walked away with the laurels in the best emerging company sector.

The award criteria includes five parameter namely business rationale, senior leadership support, communication, accountability and measurable results. "These awards recognize companies who are doing outstanding work enabling inclusivity and we hope that other companies will emulate the best practices," said Som Mittal, president, NASSCOM, while addressing the media.