President Barack Obama and his certain Republican opponent in November, Mitt Romney, shifted to full general election mode Wednesday, portraying each other as threats to future American progress as their campaigns engaged in a "war over women" indicative of what to expect for the next seven months.
Planned job cuts dropped in December but were up 14% overall for 2011, according to a report from outplacement consulting firm Challenger, Gray & Christmas.
Adding to Wall Street's job woes, Morgan Stanley announced Thursday that it plans to cut 1,600 positions in the first quarter.
Private-sector payrolls surged and planned job cuts eased in November, indicating some improvement in the job market and raising hopes for the government employment report due later this week.
As protesters find new ways to "Occupy Wall Street", major financial firms have been busy handing out pink slips this week.
Will MF Global's 1600 employees find gainful employment? Probably not anytime soon.
Wall Street should brace for an autumn of upward revisions among the big banks. Not for profits or revenue, but in the number of layoffs to come.
Should the Postal Service get its way on laying off thousands of workers, the cuts would weigh heavily on two segments of the population hard hit in recent years: minorities and veterans.
No doubt about it, the job recovery has all but hit a standstill.
The layoffs are starting in Connecticut.
Cisco Systems is one of the worst performing stocks in the Dow this year. Shares have plunged more than 20%. Investors are hungry for a big change.
In a budget-cutting move likely to be echoed around the country, Milwaukee Public Schools said Wednesday it will lay off 519 staff members -- including 354 teachers -- because of $84 million in state cuts and the system's efforts to control costs.
The labor market is showing signs of slow improvement: private sector employers added 179,000 positions in April and the number of planned job cuts fell, according to two reports released Wednesday.
In a sign of continued improvement in the job market, private sector employers added over 200,000 positions in March and the number of planned job cuts fell, according to two reports released Wednesday.
Employers announced fewer planned job cuts in March, even as government sector layoffs mounted, according to a report released Wednesday.
Payroll processing firm ADP reported a larger-than-expected increase in private-sector employment Wednesday, but a separate report showed planned layoffs rose sharply in February.
There will be lots more state workers joining the unemployment line this year.
As bad as job losses were during the recession, we're about to find out that things were even worse.
The job market suffered another blow last month, as business hiring dwindled and the government continued to shed workers.
Congress has passed a $19 billion bill authorizing NASA to launch an additional shuttle mission and to develop a heavy-lift vehicle.
The jobs picture still looks sour, but there could be light at the end of the tunnel.
A new report may add salt to the wounds of America's jobless. It seems many of their former bosses are profiting at their losses.
Two employment reports released early Wednesday gave a mixed picture, showing better-than-expected job growth in the private sector but continued weakness in government and non-profit payrolls.
The recession killed off 7.9 million jobs. It's increasingly likely that many will never come back.
More than 80% of U.S. school districts are expected to eliminate jobs and more than half will likely freeze hiring during the upcoming school year, an education organization said Tuesday.
Job cuts accelerated in March, driven by planned reductions on government payrolls, a report released Thursday showed.
The pace of U.S. job cuts continued to slow last month, according to two reports released Wednesday.
Uncertainly about the future prospects for jobs in America got even foggier Wednesday as two reports on job cuts revealed conflicting results.
Planned job cuts at tech companies rose in 2009 for the second straight year, hitting the highest level in four years, according to a report released Tuesday.
Employers once again slashed a substantial number jobs off their payrolls in December, according to a disappointing report from the government Friday. But there was a small glimmer of hope as well.
A two-year string of job losses appears to be near an end, if it hasn't ended already.
The pace of U.S. job losses slowed in November, according to two reports released Wednesday.
Lloyds Banking Group has announced 5,000 job cuts as the government-backed bank moves to integrate its wide-ranging businesses.
Microsoft Corp. will eliminate 800 more positions from its workforce, the company announced Wednesday.
The nation's employment picture continued to deteriorate in October, although the rate of decline continued to slow, according to two reports issued Wednesday.
The number of first-time filers for unemployment insurance jumped last week, according to a government report issued Thursday, with the increase exceeding economists' forecasts.
The pace of U.S. job losses has slowed, but we're not out of the woods yet, according to two reports released Wednesday.
The long-battered U.S. job market showed some signs of improvement in July as employers cut far fewer jobs from payrolls and the unemployment rate fell for the first time in more than a year, according to a government report Friday.
Private-sector employment recorded its smallest monthly drop in nine months during July, but the number of job cuts announced in the month spiked 31%, according two reports released Wednesday.
More than 550 laid-off production line workers in Pennsylvania finally got some good news. Oshkosh, the truck maker who gave them their pink slips, is now hiring them back.
The pace of U.S. job losses has slowed but the labor market is expected to remain weak, according to reports released Wednesday.
Virginia's Department of Transportation is putting $694.5 million in stimulus funds to work repairing the state's roads and bridges. But that money won't save the jobs of nearly 1,500 of the agency's workers.
The last thing the battered U.S. labor market needs are the current problems at GM and Chrysler.
The pace of U.S. job losses -- while still fairly strong -- may be abating, according to a couple of reports released Wednesday.
Just what the devastated Detroit housing market didn't need: more plant closings, more layoffs.
General Motors unveiled plans to close 14 plants and three warehouses Monday in a move that could ultimately slash up to 20,000 workers from its payrolls, as the company undergoes an historic bankruptcy restructuring.
MIAMI (AP) -- The Miami Heat have laid off employees as the national economic downturn has hit the AmericanAirlines Arena.
CNN's Elizabeth Cohen reports that people who are laid off are more likely to develop new health problems.
As if losing your job isn't bad enough, a new study suggests that people who are laid off are at higher risk of being diagnosed with health conditions such as hypertension, heart disease, and even arthritis than those who keep their jobs.
The unemployment rate hit a 25-year high in April, but there were signs of hope as the monthly job loss total fell to the lowest level in six months.
The pace of U.S. job losses may be slowing, according to two private reports released Wednesday.
Microsoft said Tuesday that it is moving forward with a second wave of mass layoffs, getting the company closer to its target of 5,000 job cuts by mid 2010, according to an e-mail Chief Executive Steve Ballmer sent employees.
The number of initial claims for unemployment insurance rose last week, with the number of people collecting benefits overall climbing to a record 6.14 million, according to a U.S. government report released Thursday.
It was the best of times in 2004, when attorney Dave Dineen graduated from Boston University School of Law and landed a job at a top Massachusetts corporate firm, Foley Hoag LLP.
Job losses continued to mount in March and unemployment hit a 25-year high, according to the government's latest reading on the battered labor market Friday.
When it takes nearly half a year to find a new job, a severance package from your previous employer can be a lifesaver. But what if that safety net was gone?
Shifting U.S. jobs overseas is nothing new for technology giant International Business Machines Corp. -- or the tech sector in general -- but a brave new employee relocation strategy at Big Blue is raising some eyebrows.
How should you act around those who've been laid off? What if you're the one laid off? CNN's Samantha Hayes reports.
With unemployment numbers continuing their steady climb, you've probably seen layoffs happen in your company or to someone you know -- hopefully not to you.
Stocks managed gains for the second week in a row despite tumbling Friday, as investors pulled back after the recent run.
As Warren Buffett likes to say, "It's better to be approximately right than precisely wrong." Every CEO should remember those words when confronting the powerful temptation to lay people off.
It's no secret that the job market is bad.
Learn how to enjoy a unique kind of vacation that lets you save cash, relieve stress and let go of your "electronic leashes."
Does your boss raise an eyebrow when you ask to schedule time off?
Small companies continue to hemorrhage jobs. Employment at companies with fewer than 500 employees dropped by 576,000 positions in February, according to ADP's latest job report, released Wednesday.
The private sector lost nearly 700,000 jobs in February, according to a report from payroll-processing company Automatic Data Processing released Wednesday, but a separate report showed that employers announced fewer job cuts last month.
There were fewer mass layoffs in January, with the brunt of the job casualties occurring in the South and in temporary-help services, according to the U.S. government.
Dear Annie: My company has slashed several thousand jobs in two waves of layoffs, one in December and another about two weeks ago. I manage a department that used to have 41 people in it, and now numbers 28 (not counting me). Thank God I didn't personally have to let anyone go -- my employer's policy is to have HR handle the whole thing -- but we were a fairly tight-knit group, and now I see signs that my staff is demoralized and discouraged.
January was one of the worst months for layoffs ever, with nearly a quarter-million job-cut announcements grabbing headlines.
Employers slashed another 598,000 jobs off of U.S. payrolls in January, taking the unemployment rate up to 7.6%, according to the latest government reading on the nation's battered labor market.
For the 12th consecutive month, small businesses made deep staffing cuts: Companies with 500 or fewer workers cut 430,000 positions in January, according to the latest ADP employment report, released Wednesday.
For American workers buffeted by layoffs and cutbacks, January was as bad as it felt, as indicated by key employment reports released Wednesday.
In a brutal week for the job market, an assortment of companies across various industries announced more than 100,000 job cuts.
The final week of January began with a bloodbath for the job market, as over 65,400 more cuts were announced on Monday alone.
The job market took another savage beating after several companies announced cost cutting plans that involved thousands of job cuts.
Mass layoffs hit a seven-year high in 2008, with most of the job casualties occurring in the Midwest and in factories, according to the U.S. government.
The job market continued to take a beating Tuesday, as six companies across several industries announced more than 11,500 job cuts Tuesday.
Another day, another job cut announcement by a major company.
Pres. Obama shares the news of massive layoffs and offers a plan to sign The American Recovery and Investment Plan.
Only about one in 10 workers who lose their job opt to keep their employer-sponsored health insurance through the safety-net program COBRA, most likely because the premiums are too expensive, according to an analysis released Friday by the Commonwealth Fund, a private foundation that supports independent research on health care issues.
The third week of January was dismal for jobs, as around 40,000 more cuts were announced across multiple industries.
The job market is off to a terrible start this year, with companies announcing more than 80,000 job losses so far, in one of the most painful symptoms of the ongoing recession.
The small businesses sector in December suffered its largest one-month jobs decline in at least a decade, according to an employment report by payroll processor ADP, which estimates that small companies shed 281,000 jobs last month.
Some jarring reports Wednesday that show the labor market is still staggering are giving economists reason to fret about the government's monthly jobs report due at week's end.
Industrial conglomerate Textron and information technology firm Unisys announced a total of 3,500 job cuts Monday to reduce costs as economic activity slows.
The second week of December was another brutal one for jobs, as Bank of America and at least 20 other companies announced more massive cuts.
Office Depot, Yahoo and Electronic Arts have added to the mounting job losses in the global economy, with more than 4,000 positions slated for elimination.
The nation's job market was dealt a savage blow this week as a slew of companies announced more than 34,000 layoffs, and the government reported that nearly 2 million jobs have been lost this year, through November.
The number of job cuts announced in September rose as the economy slowed, according to a report released Wednesday.
The number of summer job cut anouncements reached its highest level since 2002, according to a report released Wednesday.
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