AOL LAYOFF'S

AOL has said that it has plans to reduce its domestic headcount by 700 people.

"The deepening economic recession has affected every corner of the economy, including our own," he wrote in a memo that was e-mailed to AOL employees in January. "Reducing our workforce is never easy, particularly in the current climate, but our goal in doing this is to provide our core businesses the resources they need to thrive."

- Randy Falco AOL Chief Executive

THANKS FOR THAT TIP RANDY, IM SURE EVERYONE WHO GOT LAID OFF FEELS BETTER

LAID OFF ?? HEALTH INSURANCE TIPS NOW

If you have been laid off, it’s important to make sure your health insurance doesn’t lapse. That could make it more expensive to get re-insured and you may get turned down if you or someone in your family has a health condition.

There are some steps you can take to find lower-cost coverage:

• See if you can switch to your spouse’s health plan.
• Consider private insurance
• Shop around and compare plans and prices on websites like www.ehealthinsurance.com
• Decide what your health priorities are, and pick a plan tailored to fit your needs.
• Ask about COBRA, the federal program that allows you to stay on your company’s health plan for 18 months.
www.dol.gov/ebsa/cobra.html

CALIFORNIA JOB LINK

Search online for jobs in California. Enter your résumé to match with job openings listed in CalJOBSSM

http://www.caljobs.ca.gov/

US jobless rate increases to 8.1%

US jobless rate increases to 8.1%



The US jobless rate jumped in February to 8.1%, according to official figures from the Labor Department.

The number of people out of work rose by 651,000 during the month. Both figures were bigger than expected.

The number of job cuts in January was revised up to 655,000 while December's losses were pushed up to 681,000.