NEW YORK (AP) — AOL LLC, an Internet company struggling to adapt to an advertising-driven economy, is looking to shed more than a third of its work force as it prepares to spin off from Time Warner Inc. next month.....more>>
WASHINGTON (AP) — The number of newly laid-off workers seeking unemployment benefits was unchanged last week, remaining above the level that would indicate the economy is adding jobs.
New jobless claims have fallen about 22 percent since spring. But companies' reluctance to hire is weighing down the housing market — and the economy's fledgling recovery.
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