Employment
  • Jobless Claims Rise Unexpectedly

    By Lucia Mutikani, Reuters

    New claims for unemployment benefits rose last week to their highest level since January, a development that could raise fears the labor market recovery was stalling after job creation slowed in...

  • February Job Openings Rise to 3.5 Million

    By Jason Lange, Reuters

    The number of unemployed American workers for every job opening fell in February to its lowest since late 2008, pointing to ongoing healing in the still-weak labor market.

  • Obama Claims the Buffett Tax Will Create Jobs

    By Merrill Goozner and Michelle Hirsch, The Fiscal Times

    he Obama administration is shifting gears slightly in its effort to promote the so-called Buffett tax, which could slap a minimum 30 percent tax rate on anyone who makes $1 million or more a year.

  • Sony to Cut 10,000 Jobs

    By CHRIS GALLAGHER, Reuters

    Japan's Sony Corp is cutting 10,000 jobs, about 6 percent of its global workforce, the Nikkei newspaper reported on Monday, as new CEO Kazuo Hirai looks to steer the electronics and entertainment...

  • Execs Expect to Boost Investment

    By DAVID HENRY, Reuters

    Executives of mid-sized U.S. businesses are more optimistic about the national economy than they were a year ago, and many now expect to need financing for investment, according to a survey by...