Employment
  • China plans unionization push into Big Four accounting firms

    China plans unionization push into Big Four accounting firms

    By Lucy Hornby, Reuters

    BEIJING (Reuters) - China's state-backed trade union is planning to expand into yet another bastion of capitalism, targeting the Big Four accounting firms and their 40,000 employees in mainland China...

  • As Washington frets, markets take US spending cuts in stride

    As Washington frets, markets take US spending cuts in stride

    By Steven C. Johnson and Jason Lange, Reuters

    NEW YORK/WASHINGTON (Reuters) - Broad spending cuts designed to hit most U.S. government programs with all the subtlety of a sledgehammer were set to begin taking effect on Friday, yet investors...

  • Britain heads for new recession

    Britain heads for new recession

    By Olesya Dmitracova and William Schomberg, Reuters

    LONDON (Reuters) - The risk that Britain is entering its third recession in four years grew on Friday with figures showing that manufacturing shrank unexpectedly last month and mortgage approvals for...

  • Jobless claims hint at improving labor market

    Jobless claims hint at improving labor market

    By Reuters

    WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting some traction in the labor market recovery. Initial claims for...

  • Economy barely expands in fourth quarter, brighter days ahead

    Economy barely expands in fourth quarter, brighter days ahead

    By Jason Lange, Reuters

    WASHINGTON (Reuters) - The economy barely grew in the fourth quarter as the military slashed spending and companies restocked their shelves with less gusto, but growth already appears to be picking...