Shift workers 'risking' Type 2 diabetes and obesity

Shift workers getting too little sleep at the wrong time of day may be increasing their risk of diabetes and obesity, according to researchers.

The team is calling for more measures to reduce the impact of shift working following the results of its study.

Obama: New jobs report a sign economy on rebound

March 10, 2012 (PRINCE GEORGE, Virginia) -- President Barack Obama seized on news of another burst of job growth as proof the U.S. economy is rebounding on his watch from a disastrous recession. 

The struggling economy has haunted the president as he seeks a second four-year term in November, and his Republican opponents have hammered the issue in their campaigns. But Obama's approval ratings have been rising along with the economic numbers. 

An improving job market is reflected in stronger numbers on hiring and employment status

WASHINGTON — The job market turned in another impressive performance in February — the third straight month in which employers added at least 200,000 jobs.

The gains were spread across industries. And the government said December and January, already two of the best months for jobs since the recession, were even stronger than first estimated.

US Jobs Gap Between Young and Old Is Widest Ever

Squeezed by a tight job market, young Americans are especially struggling. They have suffered bigger income losses than other age groups and are less likely to be employed than at any time since World War II.

An analysis by the Pew Research Center, released Thursday, details the impact of the recent recession on the attitudes of a generation of mostly 20- and 30-somethings.

Nokia to Cut 4,000 Jobs at 3 Factories

BERLIN — Nokia, the biggest maker of cellphones by volume, said Wednesday that it would cut 4,000 manufacturing jobs, or 7 percent of its global workforce, as it moved to streamline and save money from its production of smartphones. 

The company said the cuts would be made at three Nokia factories — in Komarom,

Big four banks may cut more jobs - BOQ

A bank boss says Australia's big four banks may look to shed more jobs to counter losses in revenue.

The warning's come from Bank of Queensland chief executive Stuart Grimshaw, and follows a Westpac announcement that it's shedding 410 jobs.

Chinese poised to pounce on Extract Resources

CHINA is set to launch a $2.2 billion bid for Australian-listed Extract Resources after securing a controlling stake in the company's major shareholder.

Unemployment rate falls to 8.3 percent in January after hiring burst

WASHINGTON –  The unemployment rate dropped to 8.3 percent in January, marking the fifth straight month of decline thanks in part to a hiring spree in the private sector.

The Labor Department report suggests the job market is improving, though longer-term economic projections remain dim. The Congressional Budget Office reported earlier this week that its analysts predict the rate will creep toward 9 percent again before the end of the year. 

Payrolls Jump Casts Doubt on Fed Rate Pledge

The U.S. jobless rate unexpectedly fell in January to the lowest in three years as payrolls climbed more than forecast, casting doubt on the Federal Reserve’s plan to keep interest rates low until late 2014. 

The unemployment rate dropped to 8.3 percent, the lowest since February 2009, Labor Department figures showed today in Washington. The 243,000 increase in jobs was the biggest in nine months and exceeded the most optimistic forecast in a Bloomberg News survey. Service industries grew by the most in a year, according to a separate report. 

Samsung Scores Win in German Patent Battle With Apple Over Its Tablets

Samsung Electronics is allowed to continue to sell the Galaxy Tab 10.1N, after a regional court in Munich rejected an Apple motion to block sales of the product due to a patent violation, a spokesman at the court said.

Seven simple things good bosses should do

The Victorian businessman recently sold off the transit operations arm of his family-owned business Grenda Corporation, and his employees were the winners. Most got around $8500, while a few lucky ones scored as much as $30,000.