JOBS

A man leans against a wall to read his newspaper before entering the subway in Grand Central Station in New York

Manhattan loses jobs as outer boroughs grow: study

Manhattan lost nearly 110,000 jobs from 2000 to 2009 while its outer boroughs were gaining jobs, thanks to the growth of two sectors, education and healthcare, a think tank's report said on Wednesday.
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Medtronic trims 2011 view, to cut up to 2,000 jobs

Medtronic Inc (MDT.N) cut its full-year earnings forecast, hampered by weakness in key medical device markets, and said it would eliminate up to 2,000 jobs, sending its shares down 2 percent. The world's largest medical device maker has struggled with slow sales as patients postponed treatments in the global
Intel CEO Otellini talks during a news conference at the Consumer Electronics Show in Las Vegas

Obama to name Intel CEO to White House jobs panel

Intel Corp Chief Executive Paul Otellini will be named to a panel of experts advising President Barack Obama on jobs, the White House said on Friday. Otellini will join the President's Council on Jobs and Competitiveness, created in January to focus on lifting hiring and promoting growth.
Obama to meet tech executives

Obama To Meet With Tech Execs

Reports have surfaced that President Barack Obama is meeting with several tech executives including Apple's Steve Jobs and Facebook's Mark Zuckerberg.
U.S. President Barack Obama signs stimulus package bill at the Denver Museum of Nature and Science

US Recovery Act saved 4 million jobs in two years: EPI

The Recovery Act, which was introduced by the US government in response to the Great Recession of the last decade, created or saved 3-4 million jobs and up to 5 million full-time equivalent jobs by the end of 2010, according to report.

Apple chief Jobs to live another six weeks: reports

Apple CEO Steve Jobs may have only six weeks to live, according to the US-based tabloid National Enquirer. The magazine has published photos of Jobs taken on February 8 outside Stanford Cancer Center that show Jobs looking extremely thin and frail.
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Rosier jobs view shortens 'extended period'-SF Fed

Recent improvement in the U.S. labor market has shortened the duration of the U.S. Federal Reserve's extended period of near-zero interest rates, but only by about three months, a San Francisco Fed economist said. To try to blunt the effects of the Great Recession, the Fed lowered its target rate for overnight lending between banks to near zero in December 2008, and has promised to keep it there for an extended period.

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