Employment
  • One Million Jobs Already Lost Due to Fiscal Cliff

    By Lori Montgomery Wp, The Washington Post

    The “fiscal cliff” is still two months off, but the scheduled blast of tax hikes and spending cuts is already reverberating through the U.S. economy, hampering growth and, according to a new study,...

  • 3Q GDP Ticks Up, but Not Enough to Create Jobs

    By Lucia Mutikani, Reuters

    Economic growth picked up in the third quarter as a late burst in consumer spending offset the first cutbacks in investment in more than a year by cautious businesses. The stronger pace of expansion...

  • Spain unemployment hits record high at 25 percent

    Spain unemployment hits record high at 25 percent

    By Reuters

    MADRID (Reuters) - One in four Spanish workers were without a job in the third quarter of this year, a record high, and further layoffs are likely to follow next year as more of the country's 60...

  • Jobless claims fall, give clearer sign of health

    Jobless claims fall, give clearer sign of health

    By Reuters

    WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, giving a clearer sign that the labor market is healing after wild fluctuations in claims...

  • Ford axes British van plant to stem Europe losses

    Ford axes British van plant to stem Europe losses

    By Rhys Jones and Alessandra Prentice, Reuters

    LONDON/BASILDON, England (Reuters) - Ford will stop making vans in Britain next year, cutting 1,400 jobs on top of 4,300 to be axed in Belgium as part of a plan by the U.S. car maker to stem European...