Job Search Study: Job Boards Much More Effective Than Social Media When it comes to searching for and securing jobs, recent college grads give a thumbs down to social networking sites, but a thumbs up to job boards. This is according to results of a recent survey conducted by AfterCollege Inc., a career network site whose aim is to connect job-seeking students and alumni with the right employers.

Obama: Jobless Rate to Hit Double Digits, U.S. Not in Recovery

President Barack Obama on Tuesday said he expected the unemployment rate to rise above 10 percent this year and warned that more jobs will be lost even once the United States pulls out of a devastating recession.

Don't Expect Jobless Woes to Ease Until 2010, UW Business Dean Says

The troubled U.S. economy hit its first turning point in January, when the stock market began to inch back up, but it will be early 2010 before unemployment eases much, Michael Knetter, dean of the University of Wisconsin-Madison School of Business, told a conference on Monday.

Goldman Sachs Bonuses to Be Largest in Company History

Employees at Goldman Sachs Bank are scheduled to be given the largest bonuses in the company's 140-year history, according to the UK Guardian.