Economy

Weekly Pulse: The number is…zero thousand

While the trading week had five days, it was really only Friday to which investors were looking forward. Indeed, the U.S. Labour Department released its monthly employment report showing that absolutely no jobs were gained or lost in the month of August, even after Wednesday’s ADP report suggested that 91,000 private jobs had been created.

By Gareth Watson |September 6, 2011

4 min read

U.S. may sue over bad mortgages

Rumours are swirling that the U.S. government is preparing to sue some of the country’s biggest mortgage providers over bad mortgage packages.

September 2, 2011

1 min read

U.S. layoffs may have stabilized

Fewer Americans applied for unemployment benefits last week, a sign that the job market may be improving slightly.

By Wire services |September 1, 2011

2 min read

Help for your unemployed clients

Layoffs at UBS and RIM are likely the tip of the iceberg. Corporations frequently respond to bad economic news, which we've had a lot of lately, by trimming their labour forces.

By Staff |September 1, 2011

2 min read