Jobless rate visualization

Living in Iowa, I feel pretty fortunate that we haven’t been hit as bad as other areas of the country. Share this: Click to share on Facebook (Opens in new window) Click to share on LinkedIn (Opens in new window) Click to share on Google+ (Opens in new window) Click to share on Pinterest (Opens in new window) Click to share on Twitter (Opens in new window) Click to email this to a friend (Opens in new window)

Microsoft cutting 5,000 jobs on weak results

Microsoft said Thursday its sales and earnings for the December quarter fell well below expectations and announced a series of cost-cutting moves, including its first-ever companywide layoffs The software maker said it will cut up to 5,000 jobs, or 5 percent of its workforce, over the next 18 months. About 1,400 jobs were eliminated immediately. The software maker is also paring other expenses, such as delaying salary increases and cutting back on vendors and contractors.