Unemployment hit 6.1% last month -- the highest in nearly five years. It was the 8th-straight month of fewer jobs, with a total drop of 600,000 jobs this year. But some economists believe the real story is even uglier. Steve Henn reports.
Because of the poor economy, many senior citizens are looking to get back into the workforce. Nancy Marshall Genzer met a few of them at an AARP job fair and found out why they're not ready for retirement.
Last month, the economy lost more than 84,000 jobs. And the losses are no longer just in housing-related industries, they're spreading into manufacturing, retail and business services. Steve Henn has the story.
The Social Security System is in good shape today, but in seven years, retired boomers will outnumber workers and drain the reserves. Danielle Karson reports on solutions proposed by the American Academy of Actuaries.
American workers' productivity in the last quarter was way up, according to a government report. But another report says labor costs decreased. That may be good news for those worried about inflation, but not so good for workers. Janet Babin reports.
Boeing machinists, the airline's largest union, decisively reject the contract. However, they agree to put a walkout on hold for 48 hours to give Boeing a chance to renegotiate. Mitchell Hartman reports.