GO
Loading...

Employment

More

  • G20 Sees More Action, China Moves to Boost Economy Sunday, 9 Nov 2008 | 6:40 PM ET

    China launched a huge stimulus plan worth nearly $600 billion, kicking off what could be a round of big spending or interest rate cuts by leading economies to stave off a recession in many countries.

  • Stocks Rally but End Week Down 4% Friday, 7 Nov 2008 | 6:14 PM ET

    Stocks bounced back after a two-day selloff as traders shrugged off a bigger job loss than expected. It was a welcome reprieve after the bloodbath of the last two days but wasn't enough to dig out stocks completely and the Dow ended down 4 percent on the week.

  • Where the Layoffs Are—Is Your Firm on the List? Friday, 7 Nov 2008 | 5:24 PM ET
    Street crowd

    Markets are braced for more hemorrhaging in jobs, with a Friday employment report expected to record 200,00 more jobs vaporized in October. This would push the jobless rate up two-tenths of a point to 6.3 percent.

  • Job Losses Hitting All Income Levels and Sectors Friday, 7 Nov 2008 | 4:05 PM ET

    The job losses in this downturn are hitting workers across all income levels and job categories, and the cuts are swifter and broader than in past recessions.

  • Dow Shaves Off 100 Points as Obama Speaks Friday, 7 Nov 2008 | 4:03 PM ET

    Stocks bounced back after a two-day selloff as traders shrugged off a bigger job loss than expected. However, a larger-than-expected loss from General Motors clipped some of the Dow's gains as did the first press conference with President-Elect Barack Obama.

  • Stocks Bounce Back but GM Clips Gains Friday, 7 Nov 2008 | 1:58 PM ET

    Stocks rebounded after a two-day selloff as traders shrugged off a bigger job loss than expected.  The 240,000 drop in payrolls was a dismal indication of the economic situation but a lot of that was priced in during the selloff of the past two days, when the Dow lost 10 percent.

  • GM, Ford Losses Deepen; Industry Outlook in Doubt Friday, 7 Nov 2008 | 1:49 PM ET
    Car dealership in Miami

    GM and Ford reported far deeper-than-expected quarterly losses as an extended slump in car sales raised questions about the future of the US auto industry

  • See What People Are Saying About... The "New Deal" Friday, 7 Nov 2008 | 12:57 PM ET

    Do you think Barack Obama should implement a series of new reforms, similar to FDR's "New Deal"?

  • Vanishing Jobs, Stressed Consumers Feed Downturn Friday, 7 Nov 2008 | 10:56 AM ET

    The nation's unemployment rate is at a 14-year high, General Motors reported a massive third-quarter loss and says it may run out of cash next year, and Ford is planning more job cuts after burning through billions of its own.

  • Futures Briefly Pare Gains After Jobs Report Friday, 7 Nov 2008 | 9:20 AM ET

    U.S. stock index futures briefly pared their gains after a report showed more jobs were lost in October than expected.  Earlier, futures had bounced after the two-day selloff that followed the U.S. presidential election that saw the Dow log its worst two-day point drop on record.

  • Jobs Numbers:  Breakdown by Sector Friday, 7 Nov 2008 | 9:10 AM ET

    The latest overall job loss numbers showed a loss of 240,000 jobs in October and the unemployment rate climbed to 6.5%.  This is the highest unemployment rate since March 1994.  The September payroll numbers were revised to a loss of 284,000.  Here is a breakdown of where the job losses were as well as which sectors were adding jobs.

  • What the Pros Say: 300,000 Jobs Lost in October Friday, 7 Nov 2008 | 8:11 AM ET

    The Labor Department releases October's employment numbers at 8:30 am New York time Friday, with a big drop in nonfarm payrolls predicted.

  • Mohamed El-Erian, co-chief executive officer of Pacific Investment Management Co.

    President-Elect Barrack Obama should attend the upcoming summit of the G20 developing and industrialized countries in Brazil to show that the US has a truly international leader, Mohamed El-Erian, Co-CEO of Pimco, told CNBC Friday.

  • US Economy 'Has Fallen off a Cliff': El-Erian Friday, 7 Nov 2008 | 4:02 AM ET

    The nonfarm payrolls data may be even worse than the consensus estimate, as the U.S. economy is taking further blows from the financial crisis, Mohamed El-Erian, Co-CEO of Pimco, told CNBC Friday.

  • Web Extra: Preparing for a Job Search Thursday, 6 Nov 2008 | 9:21 PM ET

    After being laid off, it's tough to get back in the game. But you can do it.

  • There's no shame in the job-loss game, especially if you know how to pick yourself back up.

  • More White and Blue Collar Workers See Pink Slips Thursday, 6 Nov 2008 | 8:01 PM ET

    The job losses in this downturn are hitting workers across all income levels and job categories, and the cuts are swifter and broader than in past recessions.

  • Fast & Furious Trades For Friday Thursday, 6 Nov 2008 | 7:46 PM ET

    Following are the “Fast & Furious” trades - hot ways to play tomorrow's market moving events.

  • Biggest 2 Day Decline Since '87 Thursday, 6 Nov 2008 | 7:41 PM ET

    Stocks sold off on Thursday in their worst two-day slide since October 1987 with disappointing corporate outlooks and bleak sales from major retailers fueling invsetor fears.

  • After Huge Two-Day Selloff, Stocks Near Recent Lows Thursday, 6 Nov 2008 | 4:19 PM ET

    Forget a post-election rally. Stocks now appear likely to retest their most recent lows—and  possibly head even lower.