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Economy

Hours Cuts Boost Productivity

Cuts in employee hours boosted productivity in the second quarter, according to the U.S. Department of Labor.Productivity...

Wholesale Inventories Down 10%

Wholesale inventories were $393.9 billion in June, down 1.7 percent from the previous month and down 10.3...

Training Budgets Under The Knife

More than a quarter of employers interviewed for a recent Accountemps survey said they had cut back...

July’s 9.4% Unemployment Rate Shows Little Change

Nonfarm payroll employment declined by 247,000 in July and the unemployment rate dipped slightly to 9.4 percent,...
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World Energy Shrinks Loss By 67%

Word Energy Solutions Inc., a Worcester-based operator of online energy auctions and green commodities, reported a net...

Income Growth Slows In Nation, Worcester

Personal income growth slowed in the Worcester area in 2008, following a trend felt across the United...

First-Time Jobless Claims Down 38K

In the week ending Aug. 1, 550,000 Americans filed claims for unemployment insurance coverage for the first...

Service Sector Shrinks In July

The country's non-manufacturing industries contracted for the 10th month in a row in July, according to the...
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Report: June Job Cuts Fewest Since October

Private employers cut 371,000 jobs between June and July, the lowest monthly total since last October, according...

Spending Increases As Incomes Fall

Personal income decreased $159.8 billion, or 1.3 percent, in June, according to the U.S. Bureau of Economic...
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