The latest jobs numbers gives hope to workers, employers, and the government that the Great Recession and jobs crisis may be slowly starting to retreat permanently.
Sequestration day has arrived in Washington, D.C. and by 11:59 Friday night, the White House will be forced to order across-the-board, indiscriminate budget cuts in European-style austerity that could plunge the United States back into recession.
The new year led to new layoff announcements by Florida employers…and they were more numerous than in December.
Citigroup, one of the largest financial conglomerates in the world, announced Wednesday that it was cutting 11,000 jobs worldwide and taking a $1 billion charge.
Florida was a proud exception to a nationwide job cutting trend in October.
American Airlines has been fighting to stay alive in bankruptcy court, but its latest move will put a serious dent in the Miami economy and likely not curry any good will for the company in South Florida.
The NHL lockout is a little more than 48 hours old, but has already started claiming victims with the Florida Panthers organization.
Bank of America will lay off roughly 675 workers in two Fort Lauderdale offices, according to the South Florida Sun-Sentinel. The impacted office is where mortgage modifications are handled.
Twenty-four hours after news first broke that Jackson Health System was laying off 920 people, many of those impacted by the firings are not going to go quietly.
Jackson Health System chief executive officer Carlos Migoya announced Tuesday that more than 900 people will be laid off and nearly 200 positions will be eliminated in a cost cutting move for the troubled hospital system.