A professional man, named Paul Nawrocki made to the top page of CNN because of his unique way of seeking for a job.

The U.S. gLabor Department reported that 533,000 jobs were lost in November, a staggering number. Unemployment rose to 6.7%, up from 6.5%.

The recession of the U.S. economy is taking a toll on the unemployment rates of the U.S. private sector. The companies have slashed 250,000 jobs in November only. This means quarter of million people have become jobless, an alarming levels for our ailing economy.

A very disturbing unemployment news is coming from the 4th largest U.S. Bank as Citigroup announces massive layoffs. The news is that Citigroup will have to carry 50,000 job cuts. This is another sign that perhaps we are still at a considerable distance from the economic and financial recovery.

There is a bad news this morning from DHL. The company announcement reads that DHL USA will have massive layoffs and will discontinue it's inside USA services, while keeping a strong international presence.

The job losses in October were much "worse than expected." The U.S. unemployment rate has fallen to 14-year low and is jobless rate is at 6.5 percent.

Of course it is the real “trickle down effect” that will destroy the lives of many Americans (once thought they were safe in their ‘middle-class’ bubble). The Rich Criminals were given free access to steal every dime America has by flooding us gullible and foolish idiots with credit that will never be paid back.

The nation's unemployment rate zoomed to a five-year high of 6.1 percent in August as employers slashed 84,000 jobs, dramatic proof of the mounting damage a deeply troubled economy is inflicting on workers Before taking a look at the monthly jobs data, let's take a look at weekly claims. The US Department of Labor is reporting Initial Unemployment Insurance Claims continue to rise.

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

Challenger Grey Report, issued this morning, says 103,312 July job cuts are up 141% from a year ago.

The economic indicators and scheduled events this week are all over the map with numbers due out in retail, wholesale, housing, manufacturing, consumer confidence and employment plus central bank announcements with potential to stir up Forex markets.

We just got the employment report for the month of July. The numbers were somewhat better than Wall Street was expecting on the headline. However, the job and unemployment numbers look pretty weak once you dig into the details.