Bill would counter Supreme Court age bias ruling

(AP) -- Democrats in Congress are trying to counter another Supreme Court decision on employment discrimination, this time taking aim at a ruling that makes it harder for older workers to prove age bias.

Social costs of job loss

As the nationwide recession continues, California and 14 other states have unemployment rates hovering around 10 percent. Job loss can devastate workers, says David Dooley, UC Irvine professor of psychology & social behavior, ...

Obama announces $2.4 bln grant for electric vehicles

President Barack Obama Wednesday unveiled a 2.4-billion-dollar funding boost for the development of new generation electric vehicles and slammed critics of his economic rescue plans.

Unemployment rate for electrical engineers soars to new record

The unemployment rate for U.S. electrical and electronics engineers (EEs) hit a new record in the second quarter, while the rate for all engineers increased for a second straight quarter, according to data released last week ...

Germany's Infineon needs state guarantees: report

German chip maker Infineon is in negotiations with the government over state guarantees worth several hundred million euros (dollars), the Welt am Sonntag paper reported Sunday.

Microsoft offers computer training to unemployed

(AP) -- Microsoft Corp. announced Monday it would be giving away more than 30,000 vouchers over the next 90 days to help unemployed people in Washington state get new computer skills.

Tech offers relative job security, statistics show

Despite layoffs at tech stalwarts like Google, IBM, Microsoft and Electronic Arts, the impact of the recession on the tech industry is likely to be far less severe than on other areas of the economy, recent labor statistics ...

Obama turns to Web to take questions from public

(AP) -- President Barack Obama kicked off a first-of-its-kind Internet-era town hall at the White House on Thursday, pushing hard for public support of his $3.6 trillion budget and asking people to be patient with work his ...

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