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US sheds 6.51-lakh jobs in February
Washington: The US shed 651,000 jobs in February, the latest sign of a deepening recession and raising the unemployment rate to 8.1 per cent, the US Labour Department said on Friday. Also see • File your Tax returns online • Best of the week

Stanford Financial Group's receiver cuts 1,000 jobs
The court-appointed lawyer overseeing the assets and operations of Texas billionaire Allen Stanford's companies on Friday told 1,000 US employees their jobs have been terminated and said most of the b

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Northrop Grumman to lay off 750 workers
Northrop Grumman Corp. says it will lay off 750 workers, most of them in Southern California.

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‘Global job crisis to worsen sharply this year’
Deepening recession is expected to increase the number of unemployed women by up to 22 million as global job crisis could "worsen sharply" this year, the International Labour Organisation has warned.

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Spillover effects of economic imbroglio

Depression, recession, bear market... all have translated to job scares, a slowdown in demand and panic attacks. Here is a recap of the spillover effects of the ongoing economic imbroglio in the past

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Jobs lost: 20,000 Indians return home
About 20,000 Indians have returned home after losing their jobs overseas due to the global economic crisis, the government said today.

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