South Korea's won that dropped to an 11-week low against the greenback following Tuesday's North Korean attack sharply rebounded on Wednesday, registering a 3.3 percent rally from the day's opening level.
The US dollar slipped in Asian trade on Wednesday, moving off multi-week highs against euro, pound, Aussie and New Zealand dollar, after rising sharply in the previous session which saw an unexpected Korean crisis providing the greenback with safe-haven interests.
New York City could axe as many as 6,000 teachers working in its public schools and slash its budget by $350 million as part of belt tightening, an employment consultancy said in a release on Monday. Education experts have warned that teacher layoffs in New York City, which has not laid off teachers since 1976, will impact schools adversely by causing increase in the class sizes.
The Great Recession has seen joblessness soar in the U.S. One overlooked segment of the population, the Native Americans (or American Indians) have also suffered from rising unemployment.
Precious metals slid from their day's highs on Friday in New York as fears that China will soon raise rates eroded the investment appeal commodities gained on good news from Europe.
Silver and palladium futures posted sharper gains on Tokyo Commodity Exchange (TOCOM) on Friday after stronger than expected data from the world's largest economy on Thursday weakened the US dollar and increased investment appeal for risky assets.
Jaine came to me with an existing three-page résumé that served as a narration of her IT career. While that may have been effective if she was going to pursue a position in IT, she actually wasn't considering leaving her current role. Instead, as she had recently completed her master's degree, and taken an intense interest in social media, her goal was to build awareness of her social media services in the small business community.
In the following interview of IBTimes with Jonathan Rose, President and CEO of Capital Gold Group, he talks about the recent cool down of the gold price, the impact of the non-results of the G-20 summit, the different mentality of investors in the U.S. and Britain regarding gold, and says that the Federal Reserve and gold ETFs should be properly audited.
There are now five unemployed workers for every job opening in the U.S., according to the Economic Policy Institute (EPI), a Washington D.C.-based think tank.
* GBP/USD immediate target downside around 1.60, next 1.58
* Sterling hit by weak housing data while dollar awaits better sales figures
* US Fed's Lacker, Treasury's Brainard to speak on Monday
The dust of G-20 has settled. World leaders sat around a large table set this time in South Korea, searched for that magic wand in their suit pockets, and then looked at each other's face with disappointment. They didn't get one to 'calm down' the emerging fears of a 'world war' on trade and currencies. They did not 'direct' China and/or US as some hoped.
India's foreign exchange reserves were up $2.25 billion to $300.21 billion as on November 5, 2010, from $297.96 billion in the previous week, according to the weekly statistical supplement of the Reserve Bank of India on Friday.
Euro rose across the board and pulled off 1-1/2-month lows against the US dollar and British pound on Friday on news EU leaders reassured the holders of outstanding bonds that they would not be forced to take losses. The day's gains, however, did not prevent the single currency from heading for weekly losses versus the majors as investors are still worried that Ireland may default on its bonds.
Dear Sam: I read your column last week titled Baby Boomers Beware and it really spoke to me. Having been laid off earlier this year I entered the job search arena knowing very little about conducting a 21st century search, let alone constructing a résumé. As a 55-year-old candidate, I found it difficult to present my value without telling my audience how old I was.
The Reserve Bank of India (RBI) on Thursday fixed the reference rate for euro at 61.11 rupees and the reference rate for the U.S. dollar at 44.39 rupees.
Gold prices rose above the $1,400 an ounce barrier for the first time ever today. New fears sparked by the latest Irish debt problems drove investors to seek security in the eternal metal. Comments from World Bank President Robert Zoellicks earlier today, in which he suggested that major global economies should return to a new gold standard, helped push investors towards gold, where gold set a new record high at $1408.10 an ounce.
With our debt coming to maturity in the next ten years, which we cannot afford to pay, printing money seems to be our only option, which we feel is going to spur inflation, if not hyperinflation. We also feel if we adjusted gold for the inflationary highs of the 80's, gold bullion should already be at $2,200 an ounce, so we feel very strongly about a further drive up in gold over the next five years.
A monthly gauge of online labor demand in the United States edged up in September from a month ago and was 16 percent above the reading from a year ago.
U.S. private employers unexpectedly shed jobs in September, reinforcing the belief that the U.S. Federal Reserve will embark on another round of monetary policy stimulus to support the economic recovery as early as next month.
Private employers unexpectedly cut 39,000 jobs in September after adding an upwardly revised 10,000 jobs in August, a report by a payrolls processor showed on Wednesday.
U.S. Treasury debt prices climbed on Wednesday, pushing benchmark note yields to the lowest since January 2009, after ADP Employer Services said private payrolls unexpectedly contracted in September.
The best part of my job is reuniting candidates with their self-confidence. In today's job market I know it is so difficult to remain positive and to not take rejection personally.
Wall Street banks facing dwindling trading volumes may find that they have just one option left to boost profits: paying less of their revenue to many of their employees.
Career advice for undergraduate students seeking top internships, internship opportunities with top companies, and how to get hired from an internship
French engineering group Alstom is to cut 4,000 jobs from its power division in the next 18 months, because of the impact of the economic crisis on the coal and gas plant equipment markets.
Global employment will not recover to pre-crisis levels until 2015 if current policies are pursued, fuelling social tension.
Japan's jobless rate fell in August and the availability of jobs improved slightly, indicating
companies are cautiously increasing payrolls.
Online job postings in Canada registered their biggest gain in three years in August, according to the Conference Board of Canada help-wanted index released on Thursday, reflecting more hiring as the recovery advances.
Steep competition, long hours, and demanding schedules land the job of a real estate agent on this year's list of most stressful jobs.
Most people who have made the decision to change their careers face the same problem: How can I get hired when I don't have relevant experience?
