workforce

What's the Real Unemployment Number?

In January, job creation was anemic, yet unemployment plummeted. What gives? The answer lies in the quirky way the government decides who gets counted as part of the work force, who gets counted as officially unemployed and who gets left out of the picture.

Pharmaceutical and Biotech Jobs Keep Disappearing

Companies that develop medicines have been bleeding jobs in the last few months, with three -- Biogen Idec, Charles River Laboratories and NicOx -- announcing about 1,000 new workforce cuts this week. When will the bleeding stop?

More Jobs Added Than Expected in August

The private sector created 67,000 jobs in August, more than the 40,000 gain economists had forecast. And job-loss totals for June and July were revised substantially downward. The jobless rate ticked up to 9.6% as more people started looking for jobs.