This morning, the outplacement consulting firm Challenger, Gray & Christmas said that planned payroll cuts were 38,810 in May — roughly the same level as in April, when job cuts hit a four-year low. It’s good news: Planned layoffs have stabilized close to their rate before the recession hit. More…
The National League of Cities, a nonprofit that represents 19,000 towns and cities with a combined population of 220 million, released a report indicating devastating local-government job and service cuts. In the 2010 State of America’s Cities survey, 63 percent of city officials say poverty has worsened in the More…
Before signing new executive orders on his green agenda this morning, President Obama laid out three priorities in the areas of energy independence, fuel efficiency and emissions.
“This moment of peril must be turned into one of progress,” he pledged. Noting today’s announcements of huge job cuts at Caterpillar, More…
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