Mint Explains Why The Real Unemployment Rate Is 17.2 Percent

The U.S. unemployment numbers are out today, and most headlines will show that the U.S. unemployment rate in November was 10.0 percent, down from 10.2 percent in October. That number is depressingly large, but even that under-counts the true...More

huxleyboyce submitted from Canada, AB about 2 years 5 months ago

Unexpected drop in jobless rate sparks optimism

WASHINGTON – Two years of steep job cuts all but ended last month, unexpectedly pulling down the unemployment rate and raising hopes for a lasting economic recovery.

Federal figures released Friday showed that the rate fell from 10.2...More

huxleyboyce submitted from Canada, AB about 2 years 5 months ago

The Year End Party Is Over for Yahoo

hear Yahoo is canceling its annual "Year End Party" for 2009. That's quite a change for a company that last year held three company parties and additional bashes at the departmental level, amid layoffs.

The big bashes are off this...More

huxleyboyce submitted from Canada, AB about 2 years 5 months ago

Ohio town struggles after package giant DHL leaves

WILMINGTON, Ohio (Reuters) - Unemployment in this small U.S. town has quadrupled in the past 16 months, but worse is to come as thousands of unemployed workers run out of severance money and benefits.

"Things are going to get tighter...More

huxleyboyce submitted from Canada, AB about 2 years 6 months ago

Dov Charney's Tear-Stained Letter to His 1,500 Laid-off Employees

Earlier this summer, American Apparel got nailed for having nearly 2,000 illegal factory workers in L.A.. Now 1,500 of those workers have been fired. Dov Charney is even sadder about it than they are.

Weepy, yes. But oh well. This is...More

huxleyboyce submitted from Canada, AB about 2 years 6 months ago

Dov Charney's Tear-Stained Letter to His 1,500 Laid-off Employees

Earlier this summer, American Apparel got nailed for having nearly 2,000 illegal factory workers in L.A.. Now 1,500 of those workers have been fired. Dov Charney is even sadder about it than they are.

Weepy, yes. But oh well. This is...More

huxleyboyce submitted from Canada, AB about 2 years 6 months ago