Report: Job Cuts Soar in September
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NEW YORK -- Job cuts soared last month, topping the 100,000 mark for the first time since last January.
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Announced job cuts in the technology sector soared 60% in the third quarter to 54,701, the highest figure since the fourth quarter of 2003 (82,328).
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Business activity in the US Midwest expanded in September at a faster-than-expected rate, hinting that the economy is climbing out of its summer slow patch, a report showed on Thursday.
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Short-term interest rate futures jumped on Friday after US jobs growth for September was reported below expectations, suggesting the Federal Reserve could slow down its program of rate increases.
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U.S. employers added a scant 51,000 jobs in September, far below market expectations, according to a government report on Friday that showed broad weakness in the manufacturing and retail sectors.
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(CBS/AP) The Labor Department said Friday that employers&#39; payrolls increased by 96,000 overall in September while the unemployment rate held steady at 5.4 percent.
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The nation added 96,000 jobs in September, a weaker-than-expected figure that could play a pivotal role in the presidential election.
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US factory growth stayed strong in September, according to reports on Friday, while construction spending hit a record high in August for a seventh month in a row, showing the economy&#39;s expansion remains solid.
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Planned U.S. lay-offs rocketed in August as the housing slowdown and subprime mortgage debacle led to record job cuts in the financial sector, an independent report showed on Wednesday.
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US planned job cuts soared to an eight-month high in September while new hiring rose only slightly, a report said on Tuesday. Employment consulting firm Challenger, Gray &amp; Christmas Inc.
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US factory growth stayed strong in September according to reports on Friday, while construction spending in the prior month hit a record high for a seventh month
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Employers went on a hiring spree in October, adding 337,000 new jobs, many of them for hurricane cleanup. The surge was the largest in seven months, a sign the jobs recovery may have taken hold.
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Washington: The US labor market escaped a quagmire in October, churning out a seven-month record of 337,000 jobs -- far more than predicted by Wall Street.
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Planned job cuts at US companies climbed during November, a report said on Tuesday, a further sign of sluggishness in the labor market.
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up 45 percent from August -- according to a survey released by the outplacement firm Challenger, Gray and Christmas. Compared with a year ago, job cuts were up 41 percent.
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US manufacturing activity remained strong in September and construction spending surged to a record high in August, according to a pair of reports issued Friday that provided an optimistic look at the sturdiness of the economy.
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Existing home sales in the Unites States surged 3.1 percent in September to a seasonally adjusted annual rate of 6.75 million units, the third highest level on record, the