Business and Financial News

Jobless rate tops 10 percent for first time since 1983

By CHRISTOPHER S. RUGABER

Associated Press

WASHINGTON -- The unemployment rate has passed the psychological threshold of 10 percent for the first time since 1983 -- and is likely to go higher.

Nearly 16 million people can't find jobs e ...

Stocks zigzag on implications of jobs report

By SARA LEPRO and TIM PARADIS

Associated Press

NEW YORK -- Stocks fluctuated in a tight range Friday as investors found some positives for the market in a surprisingly weak jobs report.

The Labor Department said employers cut more jobs ...

Stocks surge on jobs data, Cisco forecast

By TIM PARADIS

Associated Press

NEW YORK -- A bright forecast from Cisco Systems and upbeat economic news sent stocks soaring Thursday and propelled the Dow Jones industrials back above 10,000. The rally, coming a day before the government' ...

Productivity gains may be bad news for job seekers

By MARTIN CRUTSINGER and STEPHEN MANNING

Associated Press

WASHINGTON -- Companies across the economy are finding ways to do more with fewer workers, dimming hopes that hiring will take off anytime soon.

Employers became leaner and more ...

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