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U.S. Economy: Jobless Rolls Reach 25-Year High,Exports Slump
The global economic slowdown is deepening, according to reports today that showed the number of Americans collecting jobless benefits jumped to a 25-year high and U.S. exports plunged.
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Job growth welcome but unsustainable, analysts warn
Last month's unexpected further job growth in Canada, while in contrast to stunningly massive job losses in the U.S., is the last Canadians will see for the next year, analysts warned Friday. 14
Jobless rate climbs to 6.5%
The U.S. unemployment rate rose to the highest level since 1994 as companies slashed payrolls, setting the stage for the steepest economic decline in decades and a tough start for Barack Obama's presidency. 14
Jobs fear for HBOS as Lloyds fights to cut costs
TENS of thousands of jobs are under threat at Halifax Bank of Scotland following a decision by Lloyds TSB to cut costs by an extra £500m a year as the banking sector struggles to cope with soaring debts and a looming recession. 13
Canada adds 9,500 jobs, U.S. loses 240,000
The Canadian jobless rate held up remarkably well compared to the United States in October, as one country managed to add jobs while the other suffered yet another steep decline, new data showed on Friday. 13
Pound hurt by comments, jobless claims
The pound weakened versus the euro and the US dollar on comments from Bank of England governor Mervyn King, who said that the UK economy will likely continue to contract next year, opening the way for more interest rate cuts. 13
Swiss economy could fall into recession
The Swiss economy could enter a recession but the government is still confident jobless rates will not rocket, the country's economyminister said in an interview published on Sunday.
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French Non-Farm Payrolls Fall 0.1% in Q3
Total employment in France contracted 0.1% in the third quarter of 2008, according to preliminary estimates from the National Institute for Statistics and Economic Studies (INSEE) issued on Friday. Economists had forecast a 0.2% decline, which wo 
