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Tag: Job Losses


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Nearly 9 of 10 Low-Wage Workers Fear They Can’t Make Ends Meet

A new poll finds that workers on the bottom rungs of the economic ladder face job-loss anxiety levels not seen since the 1970s. The vast majority also say they fear their family incomes can’t keep them afloat financially. This is the American economic reality for those not riding the Dow Jones average.

Posted on Nov 26, 2013 READ MORE


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Barclays to Ax Thousands of Jobs

The new chief executive of the British bank is aiming to clean up his scam-ridden operation by dropping 3,700 employees from its structured capital markets unit and other offices.

Posted on Feb 12, 2013 READ MORE


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AP photo / Kiichiro Sato

The Good News on Jobs: Less Bad

While the unemployment rate climbed to 8.9% in April, the number of job losses was down to 539,000, a sign that the recession may be slowing and recovery is on its way. Meanwhile, President Obama proposes an ambitious reform on education for the unemployed while Paul Krugman reminds us of the dangers of keeping banks unchecked.

Posted on May 8, 2009 READ MORE


Obama weekly address

Obama: ‘We Need Action’ on Economy ... ‘Now’

Barack Obama paid a visit to the Internet on Saturday with his weekly president-elect-themed YouTube address, sounding an urgent note about the economy, pointing to the dismal news about job losses in November and pointing out what his team plans to do about it.

Posted on Dec 6, 2008 WATCH & LISTEN


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