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The nation’s unemployment rate bolted to 7.2 percent in December, the highest since early 1993, as nervous employers slashed 524,000…
President-elect Barack Obama said Thursday that the nation's recession could "linger for years" unless Congress acts to pump unprecedented sums…
From Marc Ambinder at the Atlantic Monthly: Obama has a lot to face starting January 20th. Where the discussion isn't…
Skittish employers slashed 533,000 jobs in November, the most in 34 years, catapulting the unemployment rate to 6.7 percent, dramatic…
More evidence of consumers’ weary state and the nation’s deteriorating job market came Thursday with reports that people continuing to…
AT&T Inc. joined the recession’s parade of layoffs Thursday by announcing plans to cut 12,000 jobs, about 4 percent of…
With weekly jobless claims benefits at a 16-year high, the White House said Thursday that President George W. Bush would…
New claims for unemployment benefits jumped last week to a 16-year high, the Labor Department said Thursday, providing more evidence…
Citigroup Inc. is cutting approximately 53,000 more jobs in the coming quarters as the banking giant struggles to steady itself…
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