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BY KELLEN M. HENRY– MEDILL REPORTS

The unemployment see-saw continues amid uncertainty about when Americans will head back to work, a U.S. Department of Labor report indicated Thursday.

Last week, the number of people filing for unemployment claims rose, while the total number of people filing ongoing [...]

CLAUDIA-TERESA POU – MEDILL NEWS SERVICE

Bloomberg reported that the collapse of the U.S. newspaper industry is accelerating as a significant drop in advertising forces publishers to consider curtailing print editions or shutting down altogether.

The Seattle Post-Intelligencer will shut down or appear only on the Internet, unless its parent company can find [...]

BY JOHN TEMPLON – MEDILL NEWS SERVICE

News outlets of all sorts are going through a very difficult time. But the bloodletting of staff that is going on at major sports outlets such as SI.com and ESPN.com is an example of how media properties should not deal with the current [...]

BY JOHN DETRIXHE – MEDILL NEWS SERVICE

A story in today’s Financial Times makes Wall Street at least appear to be a little more compassionate. It seems that JPMorgan Chase CEO Jamie Dimon, after telling other executives to stop luring away Bear Stearns employees, has sent more than 30 letters to clients and colleagues [...]

Reverse outsourcing: India comes to the Midwest
by Leena Krishnaswamy
May 06, 2008

Outsourcing has a new twist.  Rather than U.S. jobs going to India, the latest wave of outsourcing is moving in reverse, with India’s leading information technology service providers opening U.S. offices in Chicago, Detroit and Cincinnati.

Satyam Computer Services Ltd, Tata [...]