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| | | ... reported a 70 per cent drop in 2008 earnings and said it needed to raise $US17.7 billion ($A27.81 billion) and cut 6,100 jobs. In London, the FTSE 100 index of leading shares lost 204.26 points, or 5.33 per cent, to 3,625.83 points, its worst finish ... |
| | | | ... warned of adding more to the 200 positions it had already let go. Law firm Blake Dawson Waldron and Telstra plans to shed 100 jobs and 350 call centre staff, respectively. Reported losses at big corporations such as Lend Lease, Westfield and Insurance ... |
| | | | ... ballooning budget deficit is a step in the right direction. However, with nerves as fragile as they are today - wealth destroyed, jobs lost or under threat, homes foreclosed, etc. - the last thing those still with jobs (and earning above US$250,000) ... |
| | | | ... months to flow to anyone, when what we need is decisive action that make an impact right now." The proposal also threatens jobs as small businesses could decide not to add staff in order to gain the government payment. "I'm sure many businesses would ... |
| | | | ... Likewise, the HASP's plan to reduce mortgage repayments to 31 per cent of income will only help those who are still with jobs. What is 31 per cent of zero? More. Homeowners who still could afford to service their mortgages would be tempted to default ... |
| | | | ... result the ABS' payrolls survey delivers. When November 2008 Labour Force report was released, headlines focused on the 15,600 jobs lost during the month. Not that unemployment remained at a low 4.4 per cent. When the December 2008 report was released ... |
| | | | ... cent in January from 4.5 per cent in December. Similarly, markets expect that the report will show that an estimated 18,000 jobs had vanished during the month. The employment figures could come in higher or lower than expected, they could be right on ... |
| | | | ... To quote President Obama, 'Economists from across the spectrum have warned that if we don't act immediately, millions more jobs will be lost, and the national unemployment rate will approach double digits.' He wants the package wrapped up and on his ... |
| | | | ... Property chief executive Adrian Pozzo. Pozzo added that the construction of the new tower will provide around 3,000 industry jobs over the next three years for construction workers, "many of whom will be members of the Cbus Superannuation Fund". The ... |
| | | | ... reach a compromise on President Barack Obama's economic stimulus package'. The employment report showed that 598,000 more jobs were lost last month - the biggest loss since December 1974 and much higher than expectations for the disappearance of 540,000 ... |
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