Reduction of 400 jobs will help position system for health-care overhaul, officials say. Details here!
Citigroup Inc. is on track to eliminate 300 sales-and-trading jobs globally in 2012, according to people briefed on the process. The cuts follow a 5% reduction in Citigroup’s securities-and-banking unit last year, a move that culled 900 jobs. The sales-and-trading business is part of the securities unit, which employs roughly 17,000 people. [read more]
Shrinking jobs numbers and unemployment are in the news, but what is the story behind these numbers? The discussion in the attached article digs a bit deeper into the current ― and future ― job market and employment situation in the U.S.