U.S. job losses came to 663,000 last month, hitting the highest unemployment rate since 1983. Standard & Poor's economist Beth Ann Bovino tells Renita Jablonski the numbers were stronger than expected, but better numbers are on the horizon.
While job creation could help turn the economy back around, it may not take as many new jobs to egg on a recovery as in previous recessions. Marketplace's John Dimsdale reports that could be a good thing as job creation can be slow.
Magazines that cover celebrities aren't selling as many copies these days, and that means less work for the photographers who snap the stars' every move. Jennifer Collins reports on how the people behind the flashbulbs are faring.
The number of people filing new requests for unemployment insurance is at a new record high. It's now the highest as a proportion of the labor force since May of 1983. Jeremy Hobson reports what this means for states.
There's a bill in the House that would encourage more work in the public lands corps. The bill could help create up to 60,000 jobs over the next few years. Jennifer Collins puts on her work boots.
Democrats are saying the new bailout bonus bill passing through the House may be enough for some Republicans upset over the first that retroactively taxed AIG bonuses. Jeremy Hobson reports where other Republicans still disagree.
More companies are challenging benefits requests for laid-off workers using any grounds they can find, even if illegal. Jeff Tyler reports the tricks ex-employers are using to cut off former employee benefits requests.
The 85,000 H1-B visas available today to highly-skilled foreign workers are expected to be in high demand, especially in the tech sector. But critics say some employers are taking unfair advantage of the visa program. Steve Henn reports.
The Obama administration is optimistic General Motors can restructure without declaring bankruptcy. But in order to do so, its workers will have to make more concessions. John Dimsdale reports.
There's been severe political backlash this year against highly-skilled foreign workers due in part to legislation surrounding the financial crisis. Renita Jablonski talks to Professor Robert Kennedy, who covers globalization in his new book.
