The number of job seekers starting up their own businesses hit a four-year high in 2009, according to a report today.The percentage of unemployed people becoming entrepreneurs soared 69% to 8.6% from a record low of 5.1% in 2008, according...
The ratio of job offers to job seekers plunged to a record low in May, the unemployment rate climbed for the fourth straight month--and the government expects the situation to worsen further. More on Japan ... Read Post
In yet another sign of the trouble economy that will face a new President Barack Obama and his advisers: the jobless rate in October soared as unemployment hit a 14 year high: The American economy lost another 240,000 jobs in Octobe... Read Post
Today's jobs report was ugly by nearly every measure. There were hug job losses, income growth was weak, and the work week hit a record low again. Another depressing measure: The duration of time people spend unemployed. Today's cha... Read Post