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Nonfarm payroll employment declined by 190,000, more than the 175,000 jobs that economists had forecast. The largest job losses in October were in construction, manufacturing, and retail. Full Article at Business Week
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(WZZM) - The first round of job numbers created by federal stimulus dollars is out and it's generating a debate. Both the Federal Government and the State of Michigan show just over 22,000 jobs created or saved by the money. Full Article at WZZM Grand Rapids
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The sugar industry is hoping that the recent sharp rise in prices will help it regain ground. The credit crunch has crushed Rockwell Diamonds so hard that miner was unable to turn a profit. Full Article at iAfrica.com
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Johannesburg - Job losses could exceed the one million mark for 2009 by the fourth quarter of the year, trade union Solidarity said on Thursday. Full Article at Empowering Financial Decisions
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In this year's mini budget statement, Treasury has said that creating jobs, particularly among the millions of relatively unskilled South Africans, is the country's jobs crisis as its "greatest economic challenge." Full Article at Moneyweb
