job losses

Goldman Sachs is preparing to significantly expand its cost-cutting initiative, a move that could lead to additional job losses at the bank.

The coalition is braced for renewed criticism over cuts to Britain's military, as more details of job losses are announced.

News that 131,000 US jobs were lost last month raises fears over a double-dip recession while a think tank warns there will be no UK recovery until 2012.

After more than two years of staggering pain for workers, the latest employment data include signs that a historic wave of heavy job losses may be ending and modest gains lie ahead.

The extent to which the recession has cut into high-value research and development jobs in the pharmaceutical industry will be laid bare this week as job losses in the industry climb to 12,000.

A senior Federal Reserve official said the pace of job loss had slowed even though unemployment remains high and the challenge for policy makers will be to adjust extensive securities purchases.

The government said the economy shed 85,000 jobs last month, surprising forecasters, while the unemployment rate held steady at 10 percent.

Caution about a report over job losses kept investors on the sidelines Wednesday, leaving stocks drifting in morning trading.

ELKHART, Ind. - With an aching shoulder and sore hip, Michael Spratt figured he’d have to apply for disability benefits someday.

He just didn’t think that day would come so soon.

President Barack Obama said Tuesday staggering job losses mean the country must continue to "spend our way out of this recession" with a round of new incentives for hiring.