US jobless claims jump to 500,000; nine-month high: The number of Americans filing new weekly claims for jobless benefits jumped unexpectedly to 500,000, the highest level in nine months, the government said Thursday, threatening recovery hopes.
Connecticut may have just a week's worth of cash: "Conceivably, the State may run out of funds for capital expenses that have already been authorized, allocated and incurred, such as school construction projects," she added.
California Threatens To Pay Workers With IOUs As Deficit Soars: California state contractors and others could find their paychecks replaced by IOUs this September, as legislative disputes over the state's $19 billion deficit threaten to stall the passage of a budget.
City of Phoenix moving closer to 4-day work week: A three-day weekend and a four-day workweek may become the norm for City of Phoenix workers, making it the largest city in the nation with a reduced work day week.
Paychecks to Shrink Because of Higher Health Premiums, U.S. Companies Say: Workers will pay more for their health care next year as U.S. companies prepare for provisions of the overhaul signed into law by President Barack Obama, according to a survey released today.
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