emplyoment

China to Ax College Majors That Don't Lead to Jobs

For years, U.S. college students have been told that a some majors are one-way tickets to "Would you like fries with that?" But in China, educational officials aren't just warning students away from those majors -- they plan to trim or cut them altogether.

A Small Step Forward for Initial Jobless Claims

With the latest weekly initial jobless claims declining 6,000 to 472,000, the U.S. labor market has eked out some modest improvement. Still, jobless claims need to drop below 400,000 during the next two quarters to show broad economic gains.

With Jobs Still Scarce, More Than Easy Money Is Needed

Massive liquidity injections in the form of monetary and fiscal stimulus seem to be the cure-all these days for any economic malady. But staggering unemployment, especially among the most vulnerable, calls for a very different -- more surgical -- response.