WASHINGTON-- The Labor Department reports on the number of people who applied for U.S. unemployment benefits last week. STEADY JOB GAINS: The decline in layoffs has coincided with a pickup in hiring. The Labor Department said Friday that employers added 203,000 jobs last month and the unemployment rate dropped to a five-year low of 7 percent.» Read More
There's a palpable anxiety in Officeville these days, with worries about everything from the economy to job security.
Will the latest banking crisis produce additional unemployment on Wall Street? CNBC's David Faber reports the latest details.
"Nobody cleans up their messes anymore, especially governments," rants CNBC's Rick Santelli, weighing in on historically low yields; France's Peugeot cutting 8,000 jobs, and recent financial scandals.
HSBC is to apologize to US lawmakers for failing to have appropriate controls in place to ensure it did not facilitate the financing of terrorism and other criminal activities, transgressions that analysts estimate may cost it up to $1 billion in fines.The FT reports.
John Gapper, "A Fatal Debt" author, discusses his new book about Wall Street's high rollers and the impact of the financial crash on banks, and ensuing layoffs.
Companies have been slowly adding workers for more than two years. But pink slips are still going out in a crucial area: government, the New York Times reports.
Nokia plans to cut 10,000 jobs and warns of Q2 losses from its cellphone business. So, what's ahead for the company? Michael Genovese, MKM Partners managing director, explains why he has a "sell" on the stock and a price target of $2 a share.
President Obama delivers a statement on the outlook of the U.S. economy; the problems in Europe, saying "it is in everybody's interest for Greece to remain in the euro zone;" and instructs Congress to act on his jobs plan, housing legislation, and tax breaks for small business. The President answers questions from members of the press on Europe's banking problems, and layoffs in state & government jobs and the construction industry.
CNBC.com spoke with human resource experts to find out the five tell-tale signs that you may need to update your resume.
Robert Albertson, Sandler O'Neill & Partners chief strategist, discusses the impact of Europe's debt problem on the overall U.S. economy and the future of record low interest rates.
Job cuts jumped by 53 percent in May from April, with Hewlett-Packard's layoffs propelling the computer industry to the top spot among the biggest job cutters this year, a report by consultancy firm Challenger, Gray & Christmas showed.
The nation's employers are planning another round of layoffs, dominated by the computer and food industries. John Challenger, Challenger, Gray & Christmas CEO, breaks down the numbers and takes a look at who is hiring.
Meg Whitman, Hewlett-Packard president & CEO, discusses her company's restructuring plans which include massive layoffs; its Q2 earnings and guidance; and her plans to turnaround the company amid growing competition.
Jayson Noland, Robert W. Baird senior analyst, discusses Hewlett-Packard's restructuring plans, which includes cutting 27,000 employees and weighs in on the keys to improved earnings and growth.
"Hewlett-Packard is on the wrong side of Apple," says Ben Reitzes, Barclays Capital analyst, discussing the company's plans to cut 8% of its workforce, improve its earning quality and keep competitive with Apple.
Mark Stahlman, TMT Strategies, provides a preview of Hewlett-Packard's Q2 earnings and weighs in on reports the tech giant may be laying off as many as 30,000 employees.
Yahoo's all-hands meeting today is more than a garden-variety pep talk. It's a chance for new CEO Scott Thompson to set the agenda at a pivotal moment for the struggling company.
CNBC's Jon Fortt has details on another round of layoffs in the tech sector and whether job cuts at Yahoo and Sony are signs of deeper problems at both companies; with Porter Bibb, MediaTech Capital Partners.
Peter Kafka, All Things Digital senior editor, discussing Yahoo's restructuring that may involve layoffs, and Apple's app store reached 25 billion downloads.
The number of job cuts announced by employers jumped 28 percent in January, led by retailers and financial firms, according to the latest report by global outplacement firm Challenger, Gray & Christmas.