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Layoffs Rise over The same period last year

Much attention has been given to record-low participation rates in the wake of the Great Recession. The latest data indicate that only 62.5 percent of non-institutionalized working age adults are employed or actively seeking employment. The remaining 37.5 percent, so the story goes,...

The percentage of former managers and executives starting their own business rose in 2013 to its highest level since the end of the recession, according to a new survey. The increase in entrepreneurial activity among displaced professionals belies recent trends in the wider labor...

After falling to a 13-year low in December, monthly job cuts surged nearly 50 percent to kick off 2014, as U.S.-based employers announced plans to reduce their payrolls by 45,107 in January, according to the latest report on monthly job cuts released Thursday by global...

After climbing to a three-year high in 2012, planned job cuts announced by firms in the technology sector declined by 32 percent in 2013 as employers focused on hiring in several growing areas, including big data, cloud computing and security, according to a semi-annual report...

Original Article: http://www.cnbc.com/id/101366918 Published on: Jan 30, 2014  "The high-flying bonus-filled jobs aren't extinct—but applicants will be hard-pressed to find them at the trading desks of the big Wall Street banks. Now, the mid to senior-level openings are turning up at hedge funds and asset management and private...

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