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A new survey by job-services firm Challenger, Gray & Christmas found the number of unemployed seeking work similar to what it found in 2009. Now, though, people are more optimistic that they'll land a job. Challenger agrees, but it notes the path is still long and difficult.

The dawning of 2011 marks a milestone: The first of the nation's 76 million baby boomers turn 65, the traditional retirement age. New polls, however, show that for a range of reasons few boomers of this age are ready to retire. In fact, some don't ever expect to stop working.

Recession-weary workers may finally get some encouraging news: Private-sector annual wages will improve in the coming months, albeit modestly, according to data compiled by BNA, publisher of Daily Labor Report.

An increasing number of observers, citing a preponderance of positive data, are optimistic that the stagnant labor market is finally beginning to gain momentum. But the pace is still way too slow for those desperately seeking work.

Retailers and shipping companies are adding fewer new jobs than they did a year ago. One reason: employers began shopping for seasonal workers earlier than usual, boosting hiring in October. But if holiday retail sales hold up, it could equal more hiring in December.

Americans who have been jobless for long periods are keenly awaiting congressional action on the latest extension of benefits. With a midnight deadline looming, some 2 million people face losing their only source of income.

The number of chief executive officers leaving their posts in October fell to its lowest level in 18 months, according to a new report released today. The drop seems to show that the volatile job market, at least among corporate chiefs, appears to be stabilizing.

McDonald's has lost a $17,500 lawsuit from a former franchise manager in Brazil, who says he put on 65 pounds during his 12 years of working for the chain. The former employee blames the company's policy of mandatory food sampling and free employee lunches for his weight gain.

Low pay, lack of benefits and other issues drove Ayo Collins and three other Jimmy John's workers to enlist the aid of the Chicago-based Industrial Workers of the World to help organize 10 targeted Minneapolis stores. The effort fell short, by a vote of 87 to 85.

General Motors is giving some 600,000 employees, retirees and dealers the chance to purchase stock in the resurgent company as the auto giant moves forward with its initial public offering, slated for next month.