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Hospitals to Cut 93,000 Jobs Because of Obamacare

Orlando Health, a not-for-profit network of community and specialty hospitals, is just one example of the massive layoffs expected in the coming year. Officials with the Central Florida-based healthcare services provider announced on Monday that the largest staff...

Major Corporations Announce Layoffs and Closings

Do elections have consequences? If you have been paying attention to the financial markets, you might think so. Wall Street has had two horrible days since President Obama won a second term. However, stock prices are not the only thing taking a hit. It appears that...

4.4 Million Permanent Job Losers in July

In a sign that the employment picture remains weak, 4.4 million people reported being permanently out of work in July, according to government figures. That number has remained abnormally high since the recession ended three years ago. While the total number of...