Employers cut payrolls by 62,000 in June, the sixth straight month of nationwide job losses, underscoring the economy's fragile state. The unemployment rate held steady at 5.5 percent. The latest snapshot of business conditions, released by the Labor

Frustrated by the political bickering that has blocked US health care reform for years, a coalition of business and labor groups has joined with an advocacy group for the elderly to try to break the gridlock and achieve success under the next president.

Despite a perfect storm of rising fuel and materials costs and a souring economy, Nashville's builders say they're more challenged than discouraged by the residential and commercial landscape.

The Long Island economy remained mired in the twin ills of lower job growth and rising unemployment in May, according to a New York State Labor Department report released yesterday.

Sept. 4 (Bloomberg) -- U.S. worker productivity in the second quarter increased more than previously estimated and labor costs unexpectedly declined, as employers trimmed payrolls without sacrificing production.