Employment
  • Britain sinks far deeper into recession than expected

    By David Milliken and Olesya Dmitracova, Reuters

    LONDON (Reuters) - Britain's economy shrank far more than expected in the second quarter of 2012, battered by everything from an extra day's holiday to budget austerity and the neighboring euro zone...

  • Higher Costs Bring Some U.S. Manufacturers Home

    By Scott Malone and Ernest Scheyder, Reuters

    With just $11 million in revenue last year, Seesmart is a tiny company, but it is one of many manufacturers of all sizes – from Master Lock to blue-chips General Electric Co and Caterpillar Inc –...

  • Manufacturing growth slowest in 19 months: Markit

    Manufacturing growth slowest in 19 months: Markit

    By Reuters

    NEW YORK (Reuters) - Manufacturing this month expanded at its slowest pace since late 2010, hobbled by weak overseas demand for American goods, though a rise in domestic orders helped cushion the...

  • The Pentagon Mantra: Cut Defense, Slaughter Jobs

    Studies prepared by defense industry analysts and the Bipartisan Policy Center conclude that the budget deal reached at the 11th hour last year by Congress could cost the economy between one million...

  • As China costs rise, technology lures U.S. factories home

    As China costs rise, technology lures U.S. factories home

    By Scott Malone and Ernest Scheyder, Reuters

    SCHENECTADY, N.Y./NEW YORK (Reuters) - Seesmart Inc, a small California lighting company, used to make all of its LED products in China, but last year that started to change. Frustrated by expensive...