employment

Banging the drum to bring jobs back home

Heeding the call that outsourcing is not always the best bet, big companies are taking notice and re-shoring operations.

By Elizabeth G. Olson, contributor

FORTUNE -- Retired machine tools salesman and executive Harry Moser grew up in Elizabeth N.J., home of the sprawling Singer sewing machine factory. His father and grandfather spent their careers at Singer, the former in management and the latter as a foreman on the factory floor.

"In my day, MORE

It might be time to talk double-dip recession

In normal times, the default setting for the U.S. economy is 'expand.' But these aren't normal times.

By John Cassidy, contributor

FORTUNE -- Last year I dropped by a birthday party for Nouriel Roubini (a.k.a. "Dr. Doom"), the New York University economist who shot to fame after predicting, in 2006, a housing and credit bust. Somebody brought out a cake. On top of it was a big frosted "W," representing the double-dip MORE

A tough job market for teens, thanks to Grandpa

New research reveals just how tough the job market is on America's youngest workers, and they may have their grandparents to blame.

When the U.S. government releases its monthly jobs report later this week, an important figure to note is not the unemployment rate but rather employment. After all, the percentage of America's workforce without jobs, currently at 8.9%, isn't going to tell us much that we don't already know about MORE