Jobs | featured news

Oil prices plunged as bleak reports on U.S. job growth and manufacturing heightened worries about a slowing global economy. Benchmark oil fell $3.49 to $83.04 per barrel Friday.

The discouraging new unemployment numbers present President Barack Obama with a sobering reminder that an uneven recovery from the recession can be a fragile argument for his re-election. It's all deepening his anxiety over the political and economic threat posed by the European debt crisis....

The United States economy gained a net 69,000 jobs in May, the Labor Department said, a dismal showing as the unemployment rate rose to 8.2 percent.

Concerns over a slowdown in the world's biggest economies hit world markets on Friday, with weak indicators out of China and Europe's financial turmoil unsettling investors ahead of a crucial U.S. jobs report.

Employment reports coming Friday could have an outsized impact on this fall's elections, as voters firm up their opinions of the economy.

It’s hard to think of an extravagant prediction that hasn’t been made about America’s recent natural-gas boom. Let’s see: Cheap natural gas will wipe out coal. It will make the U.S. energy independent. And, oh yes, it will create one million manufacturing jobs and revitalize the Midwest.

Romney’s remarks make little sense. Not only is his claim of creating 100,000 jobs at Bain untenable, but also his assertion that 100,000 jobs have been lost in the auto industry “on the president’s watch” does not add up. Yes, there were some painful cuts in the auto industry at the start of Obama’s presidency, largely because tough choices had to be made. One could argue whether those choices were necessary or effective, but the bottom line is clear: No matter how you slice it, jobs overall have grown substantially in the auto industry under Obama. In fact, it is one of the bright spots of today’s economy.

More than 230,000 jobless Americans will lose their unemployment insurance by this weekend as reductions in the federal program that provides extended benefits to the long-term unemployed take broader effect.

President Obama plans to give Congress a "to do list" today that he says will create jobs.