U.S. Job Cuts at 8-Month High in Sept.
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U.S. planned job cuts soared to an eight-month high in September while new hiring rose only slightly, a report said on Tuesday.
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Planned U.S. layoffs rose 11 percent  in November from the previous month, led by a heavy round of  job cuts in the automotive industry, an independent report  showed on Tuesday.
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WASHINGTON - American firms announced the steepest job cuts in eight months in September and also slashed hiring plans, a survey showed.
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The latest round of economic data was again mixed, reports showed Friday: Manufacturing activity increased in September for the 16th consecutive month and construction spending surged in August to a record high.
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NEW YORK: US factory growth stayed strong in September, while construction spending in the prior month hit a record high for a seventh month in a row, showing the economyâs expansion remains solid.
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Orders for long-lasting manufactured goods dropped unexpectedly in September while the number of people filing new claims for unemployment benefits was higher than expected, according to data that painted a picture of a weakening economy.
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U.S. stocks began September with sharp   gains on Friday as a report showing slightly more-than-expected   U.S. job growth in August raised hopes that companies will   sustain profitability even as the expansion moderates.
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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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Nortel Networks Corp. gave details of a previously announced job cut program Thursday, saying it is cutting 1,400 in the United States by next June.
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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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New U.S. jobs soared at the sharpest rate in seven months in October, the government reported on Friday, helped by a surge in construction activity as hurricane-battered areas in the Southeast were rebuilt.
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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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U.S. employers added a scant 18,000 jobs in December and the national unemployment rate kicked up to five percent, its highest in more than two years, according to a government report on Friday that underlined the economy's rapidly slowing momentum.
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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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The August unemployment figure that just came out is the most politically charged economic number of the campaign -- at least until next month, when the September figures come out.
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Delphi Corp. said Friday it plans to cut 8,500 jobs -- or 4.6 percent of its total work force -- worldwide next year as part of an ongoing restructuring.
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The US economy added 337,000 now jobs in October, a seven-month high and much higher than Wall Street expectations.