California's unemployment rate skyrocketed to 9.3% in December. The jobless rate announced today by the state Employment Development Department represents a 0.9 point jump from…
While Texas lost 25,700 jobs in December, Houston employment unexpectedly increased, with employers creating 57,300 new jobs compared to December 2007 -- a year-over-year increase…
Milwaukee's Harley-Davidson, the biggest US motorcycle manufacturer, said Q4 profit fell 58%, pushing shares to the lowest level in almost 12 years. The company will…
American Greetings is cutting about 200 jobs as the company adjusts for weaker sales in economic meltdown. Employees were informed of the layoffs yesterday. The…
Texas employers slashed payrolls by 25,700 jobs in December, while the unemployment rate rose 0.3 points to 6%. In November the state lost 11,300 jobs.…
A forecast conducted on Thursday by the German government predicts their economy will shrink by 2.25 percent in 2009. Such a performance from the German…
We reported Tuesday that Bank of America expects to lay off several thousand employees in its capital markets businesses beginning this week. Now more details…