NetQuantum :: Regional :: Africa :: South_Africa :: Business_and_Economy :: Employment ::

• Is this officially a crash?
The National Bureau of Economic Research, the recognized arbiter for dating recessions, uses a more complex formula that includes factors such as employment and income growth. It defines a recession as "a significant decline in activity spread across ...
• After volatile day, Dow ends its worst week
NEW YORK - Wall Street ended one of its worst weeks ever trying to figure out whether to continue its freefall or take some tentative steps toward a possible recovery. The stock market gyrated up and down, sending the Dow Jones industrials bouncing ...
• Fear trumps government efforts to solve crisis
Early indications will be seen in a few weeks, when the government begins reporting economic data for October, beginning with the monthly employment data. While monthly job losses have been rising, they haven’t yet approached levels seen in deep ...
• Movers: MetLife, IBM, National City, TJX Companies
... down revenue previously expected, due primarily to the effects of the recent Gulf Coast hurricanes, anticipated negative foreign currency impact due to the stronger U.S. dollar, and accelerated weakening in the North American and U.K. employment ...
• WaMu execs will be leaving positions
He is not taking any of the multimillion-dollar severance pay under the employment contract he signed with WaMu, a spokesman for Fishman said Thursday. It is doubtful that Fishman would be entitled to severance payments because of regulations ...