Macy's Announces Management And Other Staff LayoffsRetailing giant Macy's announced staff reductions today that will affect management and workers across various levels of its organization.
Gov't Report: 2.6 Unemployed Americans For Every US Job OpeningThere are about 2.6 unemployed Americans, on average, for each open job, the report shows. That's close to the ratio of 2 to 1 that is typical of healthier economies. The ratio of unemployed people to available jobs reached a record 6.7 in July 2009, just after the recession ended.
Weekly US Jobless Claims Hit 9-Month High Of 379KThe number of people seeking U.S. unemployment benefits rose 10,000 last week to a seasonally adjusted 379,000, the highest since March. The increase may reflect volatility around the Thanksgiving holidays.
Fewer Americans Seek Unemployment Aid For Third WeekThe number of Americans applying for unemployment benefits fell 10,000 last week to a seasonally adjusted 340,000, a sign that employers are laying off very few workers.
Washington Examiner Says GoodbyeThe Washington Examiner ended its 8-year run as a printed newspaper Friday, a move Executive Editor Mark Tapscott announced back in March.
Uncertainty Prevails Among Va. Shipyard Workers John Faulk plans to relax and go fishing when he retires from Newport News Shipbuilding on Thursday, a day before massive automatic government spending cuts are set to take effect.
Newseum Confirms 16 Layoffs in Staff RestructuringThe Newseum in Washington is laying off staff members at the museum about journalism and the First Amendment for the fourth time since its reopening in 2008, eliminating 16 positions this week.
GOP Says Energy Dept Tried To Delay Solar LayoffsRepublican investigators say the Obama administration wanted the failing solar energy company Solyndra to delay announcing employee layoffs until after the 2010 midterm elections.