Nearly every industry is seeing sweeping layoffs in this recession. The job cuts aren't limited to the lower rungs of the socioeconomic ladder, either. Ashley Milne-Tyte reports.
In France, labor is holding its biggest strike in years. Erik Campano reports why the French are protesting now, and why protest strategy is causing it to be so devastating to business.
In an unpredictable job market, being flexible is key — even if it means moving to where there's more opportunity. Commentator Will Wilkinson says if there are no jobs in your town, it may be time to uproot.
For some, working at home is a dream. But if you prefer an office space and want to meet a range of other flexible professionals, there's Coworking. Janet Babin visits a shared creative workspace in North Carolina.
As unemployment rates creep higher, banks are worried that more loans will have to be written off. Because if prime borrowers find themselves jobless, they may not be able to pay their mortgages. Ashley Milne-Tyte reports.
Chinese New Year is a time migrant workers in China's cities head home to rural villages, see family and exchange hopeful stories. But in the economic squeeze, this year feels different. Scott Tong reports.
While Dutch bank ING will be cutting thousands of jobs globally and the chief executive will be stepping down, the company is not going bust. Stephen Beard reports how the Dutch taxpayer will help.
To cope with the recession, many companies are considering layoffs or pay cuts. Across-the-board pay cuts are mounting and more are expected to follow. But is it better for companies to cut pay or let employees go? Jeremy Hobson reports.
Company layoffs keep piling up. With so many people out of work, it can have a huge ripple effect. Sadie Babits has the story of one man who is dealing with the effects of unemployment in Portland, Ore.
The U.S. solar industry has enjoyed a lot of growth in recent years, but it's not immune to recession. Many solar companies have confirmed layoffs, factory closings or construction delays. Sarah Gardner reports.
