Economy, Job Loss | featured news

With the recovery in housing and related industries fading away again in recent months, hopes shifte

Economists had expected the snowstorms to have a bigger impact, but job losses were surprisingly mild in February as employers cut 36,000 jobs.

The economy's service sector grew in January for the first time since September while the pace of job losses moderated, a private trade group said Wednesday.

The government said the economy shed 85,000 jobs last month, surprising forecasters, while the unemployment rate held steady at 10 percent.

U.S. job losses slowed sharply in November and the unemployment rate unexpectedly declined, in a sign the labor market is finally starting to heal.

President Obama kicked off a White House jobs forum Thursday by saying he is "open to every demonstrably good idea" to reverse ...