Sep 15 Watch Ford Cuts 10,000 Workers, Closes Two Factories In a round of new closings and layoffs, The Ford Motor Company announced Friday the elimination of 10,000 white-collar jobs and two more plant closings, up to 16 from previous cuts. Guests discuss the drastic efforts to save the automaker,… Continue watching
Sep 04 Watch Layoffs Cause Self Esteem Problems, Author Finds With the increase in outsourcing jobs to maintain a competitive edge in the global economy, Americans are facing more frequent layoffs at the workplace. This phenomenon is causing low self esteem and other psychological problems among people losing their jobs. Continue watching
Jul 11 Watch Economists Divided over Impact of Improved Deficit Numbers President Bush said larger than expected tax revenue has cut the federal deficit, validating his tax cuts. Former Labor Secretary Robert Reich and Wall Street Journal writer Stephen Moore debate what the new numbers mean for the health of the… Continue watching
Jun 23 Watch The Jobless Recovery By PBS News Hour Paul Solman looks at the recession's effect on the changing world of manufacturing, where heavy losses have left many machinists with few options. Continue watching
Nov 07 Unemployment Rate Drops to 6 Percent The unemployment rate dropped for the first time in three months, inching down from 6.1 percent to 6 percent. Continue reading
Jul 03 Unemployment Hits Nine-Year High The nation's unemployment rate jumped to 6.4 percent in June, up from May's 6.1 percent, the government reported Thursday. Continue reading
Feb 07 U.S. Unemployment Drops in January The U.S. economy generated new jobs in January at the fastest rate in more than two years, while the unemployment rate tumbled to a four-month low of 5.7 percent, the Labor Department said Friday. Continue reading
May 03 Unemployment Rate Jumps to Six Percent Unemployment rose to 6 percent in April, the highest since August 1994, as the U.S. workforce still appears to be feeling the effects of last year's recession. Continue reading
Dec 07 Unemployment Rates Rise for Second Month Unemployment rates again rose sharply to 5.7 percent, its highest mark in six years. Nearly 331,000 people filed for unemployment benefits for the first time in November, the Labor Department announced Friday. Continue reading
Nov 02 Unemployment Rate Jumps to 5.4 Percent in October The nation's unemployment rate jumped half a percentage point in October to post a 5-year high of 5.4 percent, the Labor Department said Friday. Continue reading