More than 49,000 jobs were lost in May, according to the latest government report. That pushed the unemployment rate up half a point to 5.5% — the biggest increase since 1986. Ashley Milne-Tyte reports.
General Motors CEO Rick Wagoner announced the closing of four truck and SUV plants. Nancy Marshall Genzer explains how jobs will be affected and how the company plans to revive its electric car, the Chevy Volt.
South Africa's economy relies on as many as 5 million foreign nationals. But when mobs attacked these foreigners last month, more than 50,000 of the migrants fled. Gretchen Wilson reports how that could hurt the country.
United Steelworkers and UNITE say joining forces will help them deal with stronger multinational corporations. Stephen Beard takes a closer look at their plans.
The largest labor union in Britain, UNITE, has agreed to merge with The United Steelworkers, one of this country's biggest unions. The deal will create the first transatlantic labor group. Stephen Beard reports.
A lay-off can be a pretty shocking thing, but take things one step at a time. Tess Vigeland talks to personal finance expert Liz Pulliam Weston about logical things you can do to prepare for a job cut.
Working at home may seem like an ideal convenience for a professional, but it can also get kind of lonely. Alex Goldmark looked into an event that aims to beat the freelancer blues by putting a bunch of them together.
Economists are forecasting a modest rise in unemployment numbers, but is it enough to call it a recession? Economics editor Chris Farrell tells Bob Moon the numbers indicate a downturn won't be too deep.
The Commerce Department's monthly retail report shows consumer spending dropped last month, but not as much as predicted. Dan Grech looks into why and what the numbers say about the overall economy.
Teens face tough competition for sales and other jobs again this summer. Congress might lend a hand if it passes a bill to pump a billion dollars into summer job programs. Ashley Milne-Tyte reports from New York.
