Jobs | featured news

Third straight month of weak hiring shows economy is struggling three years after recession ended. The unemployment rate was unchanged at 8.2 percent, the Labor Department said Friday. Click to Continue »

The last piece of this month's economic data puzzle is expected to confirm what others have shown so far: the U.S. job machine isn't putting Americans back to work fast enough.

While the Supreme Court’s upholding of the health-care law was last week’s most important event in historical terms, it will not be the decisive event of the 2012 election. In the long run, polling in swing states suggesting that Mitt Romney’s tenure at Bain Capital is hurting him could have larger implications for where this campaign will move.

...But Bain knowingly and far-sightedly made strategic investments, with Romney at the helm, in these pioneering outsourcing firms in the late 1990s, which grew into some of the largest outsourcing and offshoring companies in the world. And Romney and Bain shared in their profits while he was chief executive and after he left. Whether that’s good or bad depends on your politics.

Airbus should create about 2,500 construction jobs to build a new $600 million airliner assembly plant in Mobile, Alabama, and 400 to 500 full-time jobs once production starts in 2017, a source familiar with the plans said on Saturday.

Finding rare political accommodation on the cusp of a holiday recess, Congress passed legislation Friday designed to salvage 2.8 million jobs and shield students from a sharp increase in loan interest rates....

The number of people seeking U.S. unemployment benefits fell last week, but the level of applications remains too high to signal a pickup in hiring.

The Washington Post is standing by its reporting on Bain Capital’s outsourcing under Mitt Romney, and will not retract a recent story despite complaints from the Romney campaign.

The attack is the latest iteration of President Obama’s attempts to demonize Mitt Romney over his tenure at Bain Capital.

Donna Brazile: Mitt Romney would rather see the American economy fail than President Obama win... As Bloomberg News reported, Romney urged Florida Gov. Rick Scott to downplay good economic news in the Sunshine State. It's his way of sending a signal to Republican governors in states where the economy is improving -- in the battlegrounds of Virginia, Ohio and elsewhere -- to be quiet. Obscure the truth, he begs. Obstruct any progress.