ANZ to cut Jobs in 2012 – ANZ Banking Group has launched its first round of job cuts amid fears that up to 5,000 jobs could disappear from Australia’s big banks in two years. Analysts believe most of the industry-wide cuts will result from natural attrition rather than redundancies. But ANZ will be the exception, [...]
Tags: Anz Bank, Job Losses
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Beige Book Economy – A cautious note from the Federal Reserve led stocks to give up morning gains and close nearly flat Wednesday as investors looked ahead to employment data for guidance on the economy. The U.S. central bank’s Beige Book, a collection of anecdotal economic commentary from regional branches, showed the economy growing at [...]
Tags: Analyst Expectations, Beige Book, Book Economy, Budget Deficit, Cautious Note, Economic Commentary, Employment Data, Energy Prices, Federal Reserve, Guidance, Indexes, Job Losses, Labor Department, Month Of The Year, Pace, Payroll Processor, Regional Branches, S Central, Service Sector, Unemployment Claims
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TREASURY boss Ken Henry has declared the global financial crisis is over as Australia’s unemployment rate fell to an 11-month low. Australian Bureau of Statistics figures showed business was booming nationally and employing both full-time and part-time workers, with Australia’s jobless figure falling to 5.3 per cent from 5.5 per cent. The decrease came as [...]
Tags: Australian Bureau Of Statistics, Bailout Package, Boss, Bureau Of Statistics, Capacity Constraints, Downturn, Dr Henry, Fears, Financial Markets, Full Time, Global Financial Crisis, Job Losses, Jobless Rate, Ken Henry, Part Time, Percentage Point, Shocks, Time Workers, Treasury, unemployment rate
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