Since 2001, America has lost 3.1 million private-sector jobs. Where have all the jobs gone? Overseas, in many cases. In addition to cutting jobs to increase profitability, companies are looking overseas to save money in labor costs.
October foreclosure filings surge More than 50,000 lost their homes in October; foreclosure rates expected to rise in 2008 as adjustable-rate mortgages reset.
WASHINGTON — More than 40 state governments have contracted with companies in India and other low-wage countries to help administer new food-stamp and other taxpayer-funded programs, according to a study released Wednesday by a technology workers union.