Jan 09 Watch December Job Losses Compound Economic Woes Unemployment rose to 7.2 percent in December, the highest since 1993, according to a new report from the Labor Department. Employers cut 524,000 jobs, and some economy-watchers fear more cuts are still to come. Ray Suarez reports. Continue watching
Jan 07 Watch Unrest Spreads in China as Economy Worsens Chinese leaders are facing new pressures amid fears that a national social crisis is looming, brought on by millions of job losses and a surge in public protests. Nick Paton Walsh of Independent Television News reports. Continue watching
Dec 19 Watch Impact of Recession Felt in Communities Across U.S. The economic downturn is affecting communities across the country in varied ways. Business reporters give an update on what their regions are experiencing. Continue watching
Dec 11 Watch Despite Growing Audience, NPR Cuts Programming, Staff Amid Economic Troubles National Public Radio announced Wednesday that it will cancel two programs and lay off 64 staff members -- its first staff cuts in 25 years. Ellen Weiss, NPR's senior vice president for news, discusses the cuts and the recession's worsening… Continue watching
Dec 05 Watch Economy’s Stumbles, Obama’s Cabinet Top Week’s News Columnists David Brooks and Ruth Marcus weigh the news of the week, including rising job losses, the auto industry bailout and President-elect Barack Obama's latest Cabinet picks. Continue watching
Dec 05 Watch Soaring Job Losses May Signal Deepening Recession U.S. employers cut 533,000 jobs in November, the most in 34 years, pushing the unemployment rate to 6.7 percent. Columnist Steven Pearlstein and economist Lakshman Achuthan examine what the new job figures indicate. Continue watching
Dec 05 U.S. Employers Slash 533,000 Jobs; Unemployment Rate Jumps to 6.7% By Admin, PBS News Hour U.S. employers cut 533,000 jobs in November, the most in 34 years, sending unemployment up two-tenths of a point from October to 6.7 percent, the highest in 15 years, the Labor Department reported Friday. Continue reading
Nov 17 Watch Citigroup to Cut Jobs, Sell Assets in Financial Crunch Citigroup announced plans Monday to cut 53,000 jobs worldwide as a result of the worsening global fiscal crisis and large company losses. Roben Farzad of Business Week assesses the financial institution's troubles and how other banks are faring. Continue watching
Nov 12 Watch Economic Slump Hits Residents of ‘The Last Best Place’ Twenty years ago, Montana offered sprawling landscapes and inexpensive living, but the economic meltdown is changing life in "the last best place." Guest essayist Scott McMillion of the Montana Quarterly reflects on the changes, including job losses, poverty and tight… Continue watching
Oct 03 Watch Candidates Spar on Economy in Wake of VP Debate Amid more gloomy economic data, Sens. John McCain and Barack Obama offered their takes on job losses and the financial crisis, one day after Gov. Sarah Palin and Sen. Joe Biden sparred over foreign policy and the economy in their… Continue watching