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   Labor and Employment Weblog
   University of California, Berkeley

Updated 2/2/2004; 1:34:34 PM

Friday, January 09, 2004

Fresh doubts emerge on US economy after weak jobs report (AFP). AFP - A surprisingly weak report on US job growth roiled financial markets and sparked fresh doubts about the sustainability of the growth pace of the world's largest economy. [Yahoo! News - Business]
4:50:37 PM

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Job views more upbeat this side of Ditch New Zealanders feel more confident about their job prospects than do Australians. The latest Morgan Poll, conducted simultaneously in both countries, shows New Zealanders feel both more secure in their jobs and more optimistic about the unemployment trend. [The New Zealand Herald: Business]
3:41:14 PM

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Payrolls Barely Rise in Weak Jobs Report (Reuters). Reuters - American employers hardly took on any new workers in December, a disappointing government report on Friday said, indicating the economic recovery has yet to translate into sustained jobs growth. [Yahoo! News - Business]
3:39:43 PM

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UK trade deficit widens again. The gap between exports and imports is continuing to widen, as the weak dollar hurts exports to the USA. [BBC News | Business | World Edition]
3:38:20 PM

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Weirton Steel will curtail operations, lay off more workers The cutbacks will result in an undetermined number of layoffs, chief executive officer D. Leonard Wise said. The company across the Ohio River from Steubenville, Ohio, employs about 3,330, including many Ohioans. [Miami Herald: Business]
3:37:27 PM

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Smurfit-Stone closing plants in four states The nation's largest packaging company, said Friday it is closing four plants in Indiana, California, Texas and Kentucky in a cost-cutting move that eliminates 315 jobs, or about 1 percent of its work force. [Miami Herald: Business]
3:34:14 PM

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West African economic union celebrates 10th birthday with rise in growth (AFP). AFP - The West African Economic and Monetary Union, which celebrates 10 years of existence on Saturday, grew by three percent in 2003 despite the crisis in its powerhouse, Ivory Coast, and its eight member states' foreign debts. [Yahoo! News - Business]
3:30:34 PM

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Joblessness in Latin America shows need for fairer globalization With 19 million workers jobless in Latin America's cities and unemployment hovering at above 10 per cent despite a modest economic recovery in 2003, the United Nations labour agency today called for a reorientation of economic priorities and a more equitable globalization process. [UN News Service]
3:27:21 PM

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WestPoint Stevens to close two plants, lose 550 jobs. One of the nation's largest makers of sheets, pillow cases and towels, will close two plants in the middle Georgia town of LaGrange. [Miami Herald: Business]
3:26:20 PM

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Commission agrees China "dumping" bedroom furniture in U.S. With little discussion, the U.S. International Trade Commission gave a victory to the 30 American furniture manufacturers that filed a petition seeking the investigation. Manufacturers say China's practices are costing U.S. jobs, but U.S. retailers say high tariffs on Chinese furniture will cost retail jobs. [Miami Herald: Business]
3:25:18 PM

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