The latest Minnesota employment report is starting to look pretty bleak as the MN unemployment reaches the highest point since 1983.

Continuing the parade of conflicting economic news, the employment report showed the US economy shedding fewer jobs than forecast and the unemployment rate unexpectedly dropping to 5%.

Hospitals, schools and the assembly line at an airplane factory look like pretty good places to be with a recession looming and unemployment rising in America.

The outlook for American workers became cloudier today as new labor market data showed an economy that appears solidly in recession. Jared Bernstein, senior economist at the Economic Policy Institute flagged the major developments in today’s Jobs Picture.

The just-released March jobs report was another bad news for the U.S. economy as it lost 80,000 jobs in March adding to growing fears of analysts and investors that the downward trend toward recession is increasing and that the U.S. Economy is moving toward recession.

NASA says more than 8,000 jobs could be eliminated after the space shuttle is retired in 2010 as the change will likely be felt most at Kennedy Space Center in Florida, where up to 80 percent of the jobs are expected to be cut by 2011.

When ever a mainland brand comes to Hawaii for business it is a good for Hawaii, however in the case of Aloha Airlines shutting its doors due to cheap ticket tactics of mainland airlines such as the Go airlines the impact will be felt well beyond the loss of our beloved local airline.

Citigroup Inc. faces serious economic recession that makes the major American financial services company cut another 2,000 trading and investment-banking jobs.

The latest unemployment figures are all over the web. The news is bad as according to the Labor Department the job loss is worst in the past five years.

The Labor Department today has announced a net loss of 63,000 jobs in February. The job losses are not just limited to the construction industury either. Retailers cut 34,000 jobs and manufacturing employment also took a big hit. This is the largest employment loss in five years.

Employees who lose their jobs because of their health suffer more significant depression and detrimental health outcomes than people who lose their jobs for non-health reasons, new research shows.