Global employment will not recover to pre-crisis levels until 2015 if current policies are pursued, fuelling social tension.
Steep competition, long hours, and demanding schedules land the job of a real estate agent on this year's list of most stressful jobs.
Senate Republicans blocked a Democratic bill on Tuesday to end tax deductions enjoyed by companies that close their U.S. plants and move overseas.
J.M. Smucker Co, the maker of Jif peanut butter and Folgers coffee, said it would shut down two of its facilities in Ontario, cutting about 150 jobs, as it continues efforts to control costs and improve profit.
Toys R Us Inc said it plans to hire about 45,000 seasonal workers -- 10,000 more than in the past three years -- ahead of the U.S. holiday shopping season as it opens 600 temporary stores, essentially doubling its domestic workforce.
Jobless claims unexpectedly rose in the latest week, a sign the labor market still faces headwinds. Existing-home sales rose in August, but from depressed levels .
Abbott Laboratories Inc plans to cut 3,000 jobs, or about 3 percent of its workforce, following its purchase of Solvay SA's pharmaceuticals business.
Belgian-French financial services group Dexia said on Wednesday it would cut 665 jobs as part of a cost-savings plan, leaving it with 80 million euros of cuts to meet its target.
The IMF's latest push for more spending on job creation and care for the poorest in society shows it is more than just a tough-love provider of economic aid in return for austerity measures, its boss said on Monday.
Green taxes are among ways to spur jobs and economic revival despite less focus on environmental solutions since the U.N.'s Copenhagen summit in 2009, Norway's Prime Minister Jens Stoltenberg said Monday.
Democrats in the U.S. Congress have a late chance to show frustrated voters they are trying to boost the sluggish economy with a plan to extend help to small businesses before the November midterm elections.
The United States' job market is recovering at a better rate than it did after its past two recessions despite high unemployment, a senior Treasury Department official was quoted as saying on Monday.
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President Barack Obama's new stimulus plan directs government assistance to some of the strongest parts of the economy without solving the biggest problem: finding work for the 14.9 million unemployed.
Macquarie Group begun cutting jobs late on Monday after warning of a 25 percent drop in first-half earnings amid weak markets, The Australian newspaper reported on its website on Tuesday, citing unnamed fund managers.
U.S.-based Valeant Pharmaceuticals International, which agreed to be bought by Canada's Biovail Corp in June, said they would cut about 25 percent of the combined company's U.S. and Canadian workforce as part of the integration plans.
Wall Street closed a stellar week on Friday after recent economic data, including a stronger-than-expected labor market report, bolstered optimism that the economy would not fall back into recession.
Stocks jumped and the dollar rallied on Friday after data showed U.S. job losses were less than expected in August, the second major report this week to ease fears the economy would slip back into recession.
World stocks jumped on Friday while the low-yielding yen and government bonds tumbled after a closely-watched U.S. jobs report showed a smaller-than-expected decline in non-farm payrolls.
The White House on Friday greeted a better than expected August employment report as reassuring news after a recent spate of unsettling economic data, and reiterated it was working with Congress to take additional steps to boost U.S. growth and hiring.
Wall Street advanced for a third day on Friday as the monthly payrolls data showed the U.S. economy may be in better shape than investors had thought and helped whet some investor appetite for risk.
U.S. employment fell for a third straight month in August, but the drop was far less than expected and private hiring surprised on the upside, easing pressure on the Federal Reserve to prop up economic growth.
