Latest layoff data raise concerns
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As America went to the polls after a bitter campaign pegged partly on the economy, a report showed a still-troubled job market, where layoffs are frequent, hiring is hesitant and improvement has been maddeningly slow.
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Investors sought safety in government debt and gold as the latest job report raised fears that corporate profits will weaken.
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Shares of the world&#39;s largest retailer are likely to come under pressure later Monday, after the company threw a shadow over preliminary holiday retail data when it cut its estimates on Saturday.
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The number of laid-off workers filing for unemployment benefits dropped sharply last week after having been driven higher the previous week by storm-related layoffs.
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Employers trimmed jobs from their payrolls in January, according to a much anticipated government jobs report Friday that showed the first decline in employment in four years and raised new concerns about the risk of recession for the weakening U.S. economy.
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By MADLEN READ  NEW YORK - Investors better have rested up over the long weekend. This week may be short, but it's heavy on data that spans employment, housing, manufacturing, consumer sentiment and inflation.
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A new GAO report indicates that offshore outsourcing could hurt IT employment growth over the next decade, but the study released today is sprinkled with caveats and qualifiers and shows more study is needed.
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The latest jobs report, raises questions about how long the economic firewall that has safeguarded most industries from the housing crisis can stay in place.
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'Significantly exceeds previously estimated workforce-reduction target'
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NEW YORK - A rash of job cuts - more than 10,000 layoffs just this week from a handful of companies - has created some gloom on the jobs front. But Friday's release of jobs data for September was expected to show a steady unemployment rate and creation between about 50,000 to 250,000 new jobs, though uncertainties such as the effects of last month's hurricanes kept the estimates all over the map, said Wachovia Corp...
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Some Google Analytics users suffered hours-long outages this week, and are peeved that the company has yet to offer any information about the situation.
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British data expected to provide further evidence of a widespread slowdown in the economy is likely to emerge in the coming week.
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On Wall Street, where they&#39;re eagerly awaiting some near-record bonuses this year, the workers were a bit worried about joblessness yesterday - other people&#39;s, not their own.
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Companies&#39; hiring plans could cool early next year, according to a new survey by Manpower Inc. Some local job experts, though, question the employment agency&#39;s findings.
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Job cut announcements by US employers totaled more than 100,000 for a second month in October, suggesting companies may trim work forces in anticipation of fewer orders, a private survey found.
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U.S. jobless claims unexpectedly rose again last week in more worrying news for the labor market, government data showed on Thursday, while other data offered some positive signals for America's economy.
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Partners of Computer Associates International had their concerns rekindled last week after CA announced layoffs and product changes with little detail.