New US jobless data shows that employers shed 159,000 jobs in September in a further sign of a troubled economy.
The unemployment rate held at 6.1 percent, a five-year high. The US Labor Department's report on non-farm payrolls, seen as one of the best indicators of economic momentum, showed a sharp rise in the number of job cuts after 73,000 job losses in August. It was the ninth consecutive month of declining payrolls, according to the report.
HP to cut workforce by 24,600 ...
Deutsche Bank swoops on Postbank ...
Correspondent confirms Russian tanks in Gori ...
EU Calls on Germany to Explain East European Job Block ... (Deutsche Welle)
more info >>
<< Back