Shocking Unemployment Numbers For November
On Friday, the Labor Department released a report stating that employers slashed more than 533,000 jobs during November sending the unemployment rate skyrocketing to 6.7 percent. That's the highest number of job losses in...
More Job Losses On The Horizon
It is so important that we keep our eyes on these job losses because it is a sign that all is not right on the financial home front of this country. When the biggest...
More Job Losses — Now It’s AT&T
AT&T Inc. the Dallas-based telecommunications firm has joined the ranks of companies reporting job cuts. On Thursday they announced that they will eliminate 12,000 jobs, approximately 4 percent of their workforce starting this month...
Extended Unemployment Benefits For Texas Residents
Joblessness is increasing rapidly throughout the Dallas- Fort Worth area and around the country prompting an emergency extension of unemployment benefits. On November 26, 2008, The Texas Workforce commission (TWC) announced that they will...
Wells Fargo Lays Off Dallas Employees
The Wells Fargo Home and Consumer Finance Group plans to layoff 67 Dallas area employees at its automotive-finance facility starting January 10, 2009. The Wells Fargo layoffs are the latest causality in a weakening...
Auto Industry Grasp For Federal Aid
Auto companies facing possible job losses and sinking profits, such as General Motors Corp., Ford Motor Co. and Chrysler LLC asked congress for as much as $25 billion in emergency loans from the financial...
Over 10 Million Americans Unemployed
As the nation face's one of the toughest economic crises in recent history, the country is experiencing another round of layoffs. Over 240,000 jobs were cut in October, raising the country's unemployment rate to...