President Barack Obama will deliver his first State of the Union speech at 9 p.m. EST on January 27 to reassure Americans about their jobs and the economy.
Sam's Club, the warehouse club division of Wal-Mart Stores Inc is cutting roughly 11,200 jobs, or about 10 percent of its workforce, as it outsources in-store product demonstrations and eliminates positions used to recruit new business members.
Sam's Club, the warehouse club division of Wal-Mart Stores Inc is cutting roughly 11,200 jobs, or about 10 percent of its workforce, as it outsources in-store product demonstrations and eliminates positions used to recruit new business members.
A record breaking movie box office take in 2009 was not enough to stave off Hollywood job losses last year, but 2010 is expected to bring a modest recovery of up to 3,000 jobs, in part due to an increase in TV productions, according to an economic report released on Thursday.
The loss of a key Democratic Senate seat will likely strengthen the resolve of President Barack Obama to press ahead urgently with a package of targeted proposals to spur U.S. job creation.
Inflation is unlikely to be a problem as long as U.S. unemployment remains elevated, according to economists from the San Francisco Federal Reserve Bank.
Giant oil company Chevron Corp plans to restructure its refinery operations, cutting some jobs and exiting some markets, a company spokesman said on Tuesday.
Japan Airlines Corp filed for bankruptcy protection on Tuesday owing more than $25 billion, and vowed to slash 15,700 jobs in an effort to survive in an industry hit by volatile fuel costs and fickle flyers.
Stock index futures pointed to a lower open on Thursday after an unexpected drop in U.S. retail sales last month pointed to an uneven economic recovery.
Cadbury Plc's union, Unite, will warn members of Britain's Parliament on Tuesday that a potential bidding war for the UK chocolatier will further undermine worker rights.
U.S. Federal Reserve monetary policy is unlikely to be pushed off course by December's surprising job losses, a senior Fed official said on Monday.
Federal Reserve monetary policy is unlikely to pushed off course by December's surprising job losses, a senior Fed official said on Monday.
Two Federal Reserve officials said on Friday they would like to see the U.S. jobs picture improve before the central bank withdraws its extraordinary support for the economy and markets.
U.S. employers cut 85,000 jobs in December, confounding expectations the labor market was finally stabilizing and piling pressure on President Barack Obama to spur job growth.
The Dow and the S&P 500 edged lower on Friday from 15-month highs after hopes for a quick turnaround in the labor market were knocked by an unexpectedly weak employment report.
United Parcel Service Inc raised its fourth-quarter profit forecast on Friday but said it was cutting another 1,800 management and administrative jobs.
The U.S. unemployment rate will likely decline only gradually, giving the Federal Reserve room to keep interest rates low until the economic recovery becomes self-sustaining, a top Federal Reserve policymaker said on Friday.
President Barack Obama got some unwelcome news on Friday showing unemployment still stuck at 10 percent in December and that businesses had unexpectedly shed another 85,000 jobs.
President Barack Obama should move quickly in 2010 to win approval of long-delayed free trade agreements that would help create new U.S. jobs without adding to the budget deficit, business officials said.
Foot Locker said it was consolidating its management team, cutting jobs and closing 117 stores this quarter as the athletic shoe retailer reorganizes its business under its new chief executive officer.
President Barack Obama on Friday is making his promised hard pivot to jobs, following up the morning's release of December unemployment figures with an East Room announcement at 2:40 p.m. ET about stimulus dollars going to clean-tech jobs.
U.S. employers unexpectedly cut 85,000 jobs in December, government data showed on Friday, cooling optimism on the labor market's recovery and keeping