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Cape & Islands Workforce Investment Board
Weekly Update 

Volume: 7 Issue: #5

October 16th 2009

Greetings!

Unemployment Insurance Weekly Claims Report Update

In the week ending Oct. 10, the advance figure for seasonally adjusted initial claims was 514,000, a decrease of 10,000 from the previous week's revised figure of 524,000. The 4-week moving average was 531,500, a decrease of 9,000 from the previous week's revised average of 540,500.

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The World's Most Admired Companies

Here are the top 20 most admired companies in the world, according to
Fortune. Only one foreign company (Toyota) ranked in the top 20. Other top foreign companies include BMW (Germany, 28th), Honda Motor (japan, 32nd), Singapore Airlines (Singapore, 33rd), Nesde (Switzerland, 38th), Sony (Japan, 39th), Nokia (Finland, 42nd),Toyota (Japan, 46th), Accenture (Bermuda, 49th), and Samsung Electronics (South Korea, 50di).

1. Apple (United States)
 

2. Berkshire Hathaway (US)

3.Toyota Motor (Japan)  
       
4. Google (US)

5. Johnson & Johnson (US)

6. Procter & Gamble (US)

7. FedEx (US)

8.Southwest Airlines (US

9. General Electric (US)

10. Microsoft (US)

11. Wal-Mart Stores (US)

12. Coca-Cola (US)

13. Walt Disney

14. Wells Fargo (US)

15. Goldman Sachs (US)

16. McDonald's (US)

17. IBM (US)

18. 3M (US)

19.Target (US)

20. J. P. Morgan Chase (US)

To create the list, the Hay Group asked 4,047 executives, direc­tors, and securities analysts to name the 10 companies they admired most.They selected the companies from a list of past companies that had finished high in past overall surveys of best companies by Fortune. A total of 689 companies from 28 coun­tries were surveyed. Visit http://money.cnn.com/magazines/ fortune/mostadmired/2009 to read the complete story.

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Cape Area Management Program for Lower Cape Employers

Cape Area Management Program for Lower Cape Employers

Lower Cape Information Session at the Snow Library, 67 Main Street, Orleans, MA

Wednesday, October 28, 4:00 -6:00 pm

Meet with training faculty, our practicum leader and staff from the Cape and Islands Workforce Investment Board and the CDP who will provide information about the course and answer questions.

Cape Area Management Program is a 3 year grant-funded cross sector training program targeting management occupations on the Cape and Islands. Industries such as hospitality, retail, healthcare, real-estate, financial services, human services, public administration, construction and the arts can join the program. Employers agree to pay their employees while they are being trained but there is no additional cost to the employer for this training program.

The training is also being offered in Falmouth beginning on November 4, 2009. This training is available to businesses on Nantucket and Martha's Vineyard with desktop delivery to trainees. The classes will be delivered in real time to employee's desktops with chat room interactivity so that participants can ask questions, receive immediate feedback and participate in virtual classroom activities. There are seats available for this training session.

The grant is funded through the Commonwealth Corporation's Workforce Competitiveness Trust Fund.

For more information please contact Project Coordinator Joan McDonald

joan@ciwib.org or 508-775-5900

Upcoming Meetings
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  • YC Graduation Committee Meeting: Monday October 26th 11:00am WIB Office
  • YC Executive Committee Meeting: Tuesday October 27th 9:00am WIB Office


   

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