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employment

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Tight Credit Limits Jobs Growth Among Small Businesses

Small and medium-sized businesses, which employ more than half the American workforce, will face tight credit markets and limited access to loans well into 2010, the Federal Reserve Board said Monday.
Economists fear the struggle to access cash could force many to close shop or limit expansion, a daunting prospect as businesses with 500 or fewer [...]

U.S. State Unemployment Figures on the Rise

A recent report from the Bureau of Labor Statistics — the numbers division of the U.S. Department of Labor — has a monthly snapshot of the country’s labor situation on a state-by-state basis. For May 2009, the picture is not pretty. Unemployment numbersĀ in California having risen to 11.5 percent, although a few states did see [...]