Delta to hire 1,000 workers
The airline expects 65,000 applicants for the jobs.
Joblessness is still a very big issue for millions of Americans, with the economy having erased more than 8 million positions during the recession and the unemployment rate still extremely high at 9.5% in June.
Because there are still so many people out of work, Delta Air Lines (DAL) expects a whopping 65,000 applications for 1,000 new jobs, the company said today in a recorded message to employees, Bloomberg News reported.
The airline will hire workers at its 25 biggest U.S. airports to help with planes flying with near-record percentages of seats filled and to help deal with weather disruptions, CEO Richard Anderson said in the message.
The company often gets "many multiples" of applications when there are job openings, Anderson said.
Delta has about 81,000 employees; about 557,400 people worked in the airline industry in May, according to the federal Bureau of Transportation Statistics. Airlines employed 18,756 fewer workers in May 2010 than in May 2009, the data showed.
Delta will be the first big airline to report second-quarter results. Analysts are looking for 63 cents per share, up from last year's loss of 24 cents per share. The company will release its results Monday.
Shares of Delta were down 15 cents, or 1.7%, to $11.86.
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[BRIEFING.COM] The S&P 500 continues hovering near its high, which is a bit surprising considering several noteworthy areas like biotechnology, chipmakers, transport stocks, and retailers underperform.
The biotech space is on its low with the iShares Nasdaq Biotechnology ETF (IBB 264.30, -2.55) down 1.0%. Elsewhere, the PHLX Semiconductor Index trades flat even as the technology sector outperforms with a gain of 0.5%.
Moving on, transport stocks have pressured the Dow ... More
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