Social Problems

As unemployment spikes, companies weigh options

iht.com     21 hrs ago   8 related          

U.S. companies have cut more than 550,000 jobs so far in 2008 as they try to preserve their profits in a slumping economy, but analysts say such downsizing must be done carefully for corporations to have any long-term...                    

Tech firms fare better than most in jobs slump

physorg.com     20 hrs ago   9 related          

Technology appears to be one of the least hard-hit sectors in an economy beset by unemployment at a five-year high. The Labor Department reported Friday that companies slashed their payrolls by 84,000 jobs last month,...                    

Dollar pulls higher in spite of unemployment data

iht.com     22 hrs ago   86 related          

The dollar was mostly higher Friday despite bad news about U.S. jobs. Grim outlooks on the European economies and oil's continued drop supported the buck. The 15-nation euro fell to $1.4243 in late New York trading Friday...                    

Stocks finish mixed at end of tough week

cnn.com     21 hrs ago   7 related          

Investors recover from morning fears about the labor market and the economic slowdown thanks to rally in financial shares. Stocks ended mixed Friday after a tough session and week, as a rally in the hard-hit financial...                    

Stocks End Mostly Higher

businessweek.com     21 hrs ago   2 related          

Major indexes clawed their way back from an early selloff after a weak U.S. jobs report raised fresh concerns about a recession The world's best tennis players have been serving up some sizzling volleys at this week's U.S....                    

News industry shedding jobs, leisure healthier (AP)

yahoo.com     22 hrs ago   1 related          

Friday September 5, 4:19 pm ET By Kristen A. Lee and Michelle Chapman, AP Business Writers Newspaper companies are shedding jobs, while leisure companies faring better NEW YORK (AP) -- The Labor Department reported that...                    

Closing Market Recap: Equities Backtrack After Early Selloff

economicnews.ca     22 hrs ago   1 related          

A late day rally helped the S&P/TSX Composite Index close in positive territory and avoid a 1,000 point weekly decline. Similarly, U.S. equities and Treasury yields surged higher after declining sharply when a grim jobs...                    

Poverty in India: Has World Bank goofed up?

rediff.com     12 hrs ago   2 related          

The World Bank said the other day that 24 per cent of all Indians in 2005 lived on an average of Rs 13.14 per day or less (taking the weighted average of the different figures for rural and urban areas). Further, it said...                    

KWRU and the Poor People's March at the RNC

phillyimc.org     22 hrs ago   1 related          

September 03, 2008 Poor People’s Economic Human Rights Campaign Takes Cause to Streets Outside RNC One day after the historic Poor People’s March in St. Paul, we speak to the group’s national organizer, Cheri Honkala....                    

Markets continue falling; is bad news going global?

jsonline.com     15 hrs ago   1 related          

By JOEL DRESANG jdresang@journalsentinel.com Posted: Sept. 4, 2008 The stock market tripped over news of more joblessness and disappointing back-to-school receipts Thursday, amid growing concern that economic weakness at...