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Last updated: 06:10:52 Thursday Jul 3, 2008


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  • Employers cut jobs for 6th straight month
    WASHINGTON - Employers cut payrolls by 62,000 in June, the sixth straight month of nationwide job losses, underscoring the economy's fragile state. The unemployment rate held steady at 5.5 percent.   People:Ben Bernanke   Activities:2008 U.S. Recession   Source:(AP)   2008-07-03

    American could cut 900 flight attendant jobs
    DALLAS - American Airlines says it could cut 900 flight attendant jobs as it reduces flights to cope with record high fuel costs.   Activities:2008 U.S. Airlines Downturn   Source:(AP)   2008-07-02

    Private sector sheds 79,000 jobs in June
    NEW YORK (Reuters) - U.S. private-sector employers slashed 79,000 jobs in June, the largest drop since November 2002, according to a report by ADP Employer Services released on Wednesday that may spell bad news for the government's labor market report later this week.   Activities:2008 U.S. Recession   Source:(Reuters)   2008-07-02

    Newspapers, reeling from slumping ads, slash jobs
    NEW YORK - Even for an industry awash in bad news, the newspaper business went through one of its most severe retrenchments in recent memory last week.   Nations:U.S.   Source:(AP)   2008-06-29

    Reports: Siemens to cut 17,200 jobs
    FRANKFURT, Germany - Conglomerate Siemens AG, wracked by a wide-ranging corruption scandal, will cut up to 4 percent of its work force worldwide, or about 17,200 jobs, a pair of newspapers reported Saturday.   Nations:Germany   Source:(AP)   2008-06-28

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