JOBS

European shares hit 4-week low before US jobs data

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European shares hit a four-week low on Friday, extending the previous day's sharp losses, with investors anxious before key U.S. jobs figures after data this week raised doubt about the strength of economic recovery.

FTSE down 0.9 pct by midday, U.S. jobs data eyed

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Weakness in miners and financials dragged Britain's top share index 0.9 percent lower by midday on Friday, as weak data this week increased investors' concerns, denting risky assets ahead of U.S. non-farm payrolls data.
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U.S. Q2 GDP shrinks less, private jobs fall in Sept

The U.S. economy contracted at slower pace than previously thought in the second quarter, but a further decline in private payrolls in September was another indication that recovery from recession would be patchy.
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U.S. private sector cuts 254,000 jobs in September

U.S. private employers cut a larger-than-expected 254,000 jobs in September, though this was less than a revised 277,000 jobs lost in August, a report by a private employment service said on Wednesday.
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Apple Breaks Through 2 Billion Apps Mark

Apple announced Monday that over 2 billion apps have been downloaded from its App Store since the e-commerce site's launch in July 2008, and the pace continues to accelerate, according to chief executive Steve Jobs.
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Stocks' rally to be tested by jobs data

The rally in U.S. stocks, which stumbled in recent days on worries about the economic recovery and continued government stimulus, will be tested this week by crucial data on growth and jobs.
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Futures flat as G20, data on housing and jobs eyed

U.S. stock index futures were flat on Thursday as investors awaited data on home sales and jobless claims for an indication of the state of the economy following a sharp sell-off in the last session.
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GM restores 3,000 jobs, prepares to raise output

General Motors Co said on Tuesday it planned to restore about 3,000 jobs at U.S. assembly plants and related facilities and is getting set to raise North American production by up to 45 percent next year.
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Hhgregg says to add 800 seasonal jobs

Regional appliance and electronics retailer hhgregg Inc said it will add 800 seasonal jobs at 117 of its stores to help cope with increased customer traffic during the holiday season.
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UBS cuts jobs at U.S. wealth arm: sources

Swiss bank UBS AG, which suffered massive client withdrawals after a high-profile U.S. tax fraud probe, has cut around 200 jobs at its U.S. wealth management arm, sources familiar with the matter told Reuters.
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UBS cuts jobs at U.S. wealth arm-sources

Swiss bank UBS AG, which suffered massive client withdrawals after a high-profile U.S. tax fraud probe, has cut around 200 jobs at its U.S. wealth management arm, sources familiar with the matter told Reuters.
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Magyar Telekom to cut 400 jobs, save HUF 6.5 bln

Magyar Telekom will lay off 400 workers at a cost of about 7 billion forints ($37.04 million) in severance payments, the brunt of which it expects to incur in the fourth quarter, the company said on Wednesday.
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Downturn may cost 25 million jobs in OECD countries

The economic downturn will likely cost as many as 25 million people their jobs by end-2010 as the unemployment rate nears a record 10 percent in the OECD group of countries, according to a report released on Wednesday.
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Unions slam bank greed, urge jobs plan pre-G20

Trade unions urged G20 leaders on Wednesday to respond decisively to the specter of 59 million job losses and slammed banks for awarding bonuses worth more than 20 percent of the taxpayer money spent bailing them out.
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Downturn may cost 25 million jobs in OECD

The economic downturn will likely cost as many as 25 million people their jobs by end-2010 as the unemployment rate nears a record 10 percent in the OECD group of countries, according to a report released on Wednesday.

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