Paul Solman looks at the recession's effect on the changing world of manufacturing, where heavy losses have left many machinists with few options.
The U.S. Labor Department reported Friday that the growth of new jobs slowed last month. However, other indicators in the last few weeks suggest that the economy has been steadily improving.
Ford Motor Co., America's second largest automaker, announced restructuring plans Monday that will cut 25,000 to 30,000 jobs and idle 14 plants by 2012.
U.S. employers added 96,000 jobs to their payrolls in September, the Labor Department reported Friday, a lower-than-expected result that will likely intensify the second presidential debate later in the day over the economy's direction.
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