US loses 400,000 IT jobs
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Most of them after the recession ended
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Unisys Corp. plans to cut 1,400 jobs, primarily in general and administrative areas, and consolidate its office space worldwide, it announced Wednesday. The cuts represent 3.8 percent of the company's staff of 37,000.
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US businesses added just 96,000 jobs to payrolls in September, the government reported on Friday, a weaker-than-expected total that was expected to sharpen a presidential debate later in the day over the economy&#39;s direction.
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The U.S. technology sector suffered another round of widespread layoffs during the third quarter, with computer firms slashing jobs most aggressively, a report said on Monday. -Reuters
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TORONTO -- Nortel Networks yesterday gave details of a previously announced job cut program, saying it is cutting 1,400 positions in the United States by next June.
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The number of Americans filing initial claims for jobless pay fell by much more than expected last week to 317,000 in the steepest decline in three years, Labor Department data showed on Thursday.
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US businesses added 96,000 jobs to payrolls in September, the government has reported, a weaker-than-expected total that is expected to sharpen a presidential debate later in the day over the economy&#39;s direction.
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AOL laid off more than 450 employees at its corporate headquarters yesterday as part of plans announced earlier this year to cut costs and change the company's business strategy.
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The number of U.S. workers claiming  an initial week of jobless claims unexpectedly fell by 8,000  last week to the lowest level in nearly four months, a  government report showed on Thursday.
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Times remain tough for IT workers looking for jobs across the U.S., according to a new employment study of the IT marketplace.
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The U.S. economy shed 4,000 jobs in August, as layoffs in the mortgage and construction industries combined with the ongoing slide in manufacturing employment to produce the first such monthly decline in four years.
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A routine software upgrade of Microsoft-based desktop computers led to the crash of around 40,000 machines at the UK government's Department for Work and Pensions last week.
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The number of Americans filing  initial claims for jobless pay fell by much more than expected  last week to 317,000 in the steepest decline in three years,  Labor Department data showed on Thursday.
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Wall Street was hit hard by a disappointing jobs report.
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Unisys Corp. plans to cut 1,400 jobs, primarily in general and administrative areas, and consolidate its office space worldwide, it announced Wednesday.
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Global stock markets tumbled on Friday on fears that the US economy was facing a sharp slowdown as the first monthly fall in employment in four years made an interest rate cut this month all but certain.
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Swiss firm STMicroelectronics is to close three factories in the US and Morocco, putting 4,000 jobs at risk.