U.S. Sheds 598,000 Jobs in January
The US Labor Department report released this morning shows that 598,000 jobs were lost in January bringing the unemployment rate to 7.6 percent. More
Canada Suffers Worst Month of Job Losses in History
The Canadian economy shed 129,000 jobs in January raising unemployment to 7.2 percent. More
Dollar Falls on Poor Employment News
The dollar weakened against the euro in early trading as news of the 598,000 jobs lost in January became public. More
U.S. Senate Delays Vote on Stimulus Package
The U.S. Senate has postponed a vote for later today on President Obama’s economic recovery bill after failing to come to terms on the final details. More
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