Layoffs

Less people filed for unemployment over the last week. But layoff announcements went up.

Overall layoffs have decreased since last year, but some industries in particular are cutting back.

Global outplacement firm Challenger, Grey & Christmas reported that employers cut 49,000 jobs in March, down 11 percent from February. Despite the month to month decline, job cuts for the first quarter were their highest since 2011.

Last year saw the fewest job cuts since 1997 according to a report this morning from the job placement firm Challenger, Gray & Christmas.

This morning Citi says that total is about to shrink -- 11,000 job cuts worldwide in the next year or two, some of them at least here in the U.S.

After losing her job teaching at a high school in the county jail, Donielle Lawson wants to stay in education.

Seasonally adjusted claims for unemployment insurance rose by 46,000 last week, or about 13 percent. Is this a blip or the start of a new trend?

Bank of America is accelerating plans to cut costs by laying off workers. According to the Wall Street Journal, the bank has set a target of cutting 16,000 jobs by the end of this year -- about 6 percent of the bank's workforce.

Between disgruntled union workers and thousands of layoffs, yet more American Airlines flights are being cancelled or delayed. Should travelers avoid the bankrupt carrier?