Employers added 195,000 new jobs to their payrolls last month, the Labor Department said Friday, while the unemployment rate held steady at 7.6 percent as more people entered the workforce. Read More »
Companies lay off vast numbers of workers with such regularity that you may not have noticed the announcement. Last week Citigroup Inc. said it would lay off 11,000 workers worldwide, citing a need to reduce expenses. Yet, at the same time, Citi revealed it gave top execs hefty "incentive awards," including... Read More »
By John Rogers
LOS ANGELES -- For the most part, the work of the people who file the invoices for the TV sets that arrive from China and the cars that come from Japan goes all but unnoticed as those products and countless others make their way across the United States.
Not this week, however, after about... Read More »
What do American workers want for Christmas this year? Glassdoor knows.
On Friday, the online "jobs and career community" published the results of a new Harris Interactive-commissioned survey, asking American workers what they want most from employers this holiday season.
Unsurprisingly, "cash" tops the list.... Read More »
With unemployment hovering around 8 percent, you'd think unemployed workers would be champing at the bit to take a job -- any job. But shipping companies such as UPS Inc. and GSI Commerce Inc. can't find enough workers to staff warehouses in Louisville, Ky., a region with a 7.5 percent jobless... Read More »
Now that the election is over, the No. 1 political buzzword in America is "fiscal cliff." And it's because Congress and President Obama are wrangling over a looming perfect storm of deadlines.
On Jan. 1, 2013, the George W. Bush-era tax cuts will expire and automatic federal spending cuts are simultaneously... Read More »
Finding a great place to work for many workers can be a challenge, especially in this economy when so many are content just to have a steady paycheck. The soft labor market, though, doesn't necessarily make it easier -- even for large global companies -- to find top talent, which is why so many of them still... Read More »
Most people couldn't pull off the feat of leaving a stable career to pursue a passion and develop it into a $1 billion company. But that's the experience of Alexis Maybank, the founder and chief strategy officer of Gilt Groupe Inc., the members-only online shopping website. Read More »
October's employment report released earlier this month showed continued steady improvement in the job market. But hiring remains sluggish; a number of employers posted fewer job openings in September after advertising more in August than first estimated. As the Labor Department reported Tuesday, job openings... Read More »
Are you better off than you were four years ago?
It's the quadrennial question that hangs over every presidential election. Four years ago, with a devastating financial crisis gripping America and the world, the answer was obviously, "no." This time around, the answer is more complicated. The official... Read More »
GENEVA -- Swiss banking giant UBS AG is to cut as many as 10,000 employees, or some 15 percent of its staff, to drastically shrink its ailing investment bank.
The news of the layoffs came as Switzerland's biggest bank posted another big loss for the third quarter. It said Tuesday that the job cuts are part... Read More »
Survey after survey is showing that seasonal hiring is on the upswing, the highest its been in years. Now there is even more good news for job hunters: more employers say they are planning to turn seasonal hires to full-time, permanent employees.
CareerBuilder, an AOL Jobs sponsor, surveyed 2,494 hiring... Read More »
By Lucia Mutikani
WASHINGTON -- The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, a potential boost to President Barack Obama's re-election bid.
The Labor Department said on Friday that the unemployment rate, a key focus in the race for the White House, dropped by 0.3... Read More »
It's a topic that reemerges in the national conversation every four years -- outsourcing. And this year, the corporate policy of sending jobs overseas, also known as "offshoring," has been front-and-center during the 2012 campaign, in large part because one candidate, Republican Presidential candidate, Mitt... Read More »
The 20th century is often referred to as the "American Century" as it was during that time when the U.S. emerged as an economic and political superpower. But a decade into the 21st century, with the country mired in a jobs crisis alongside its eternal struggle to find new sources of energy, some companies in... Read More »
As the 2012 presidential election enters the home stretch, there seems to be little doubt that jobs and the economy will dominate not only the presidential debates but also the national conversation. Just what should the next president do to get the national unemployment rate to below 8 percent, where it... Read More »