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World 02 Nov 2012 | 12:00 AM

Payrolls rise sharply, giving Obama some relief

WASHINGTON: U.S. employers stepped up hiring in October and the jobless rate ticked higher as more workers restarted job hunts, a hopeful sign for a lackluster economy that has dragged on President Barack Obama's reelection chances.

World 07 Oct 2016 | 2:22 PM

U.S. watchdog questions money spent on Afghan 'ghost' soldiers

KABUL (Reuters) - A U.S. government watchdog is pressing the Pentagon to explain reports of tens of thousands of "ghost" soldiers and police on the payrolls of the Afghan security forces, which are heavily funded by international donors.

World 22 Mar 2016 | 6:01 PM

Tanzania searches for 'ghost workers' on public sector payroll

DAR ES SALAAM (Reuters) - Tanzanian authorities have launched a national audit to find "ghost workers" and remove them from civil service payrolls under a corruption crackdown ordered by the president, a minister said.

AseanPlus News 01 Sep 2015 | 4:36 PM

7-Eleven under pressure in Australia over wage fraud claims

SYDNEY - Convenience store giant 7-Eleven will establish an independent panel to review damaging allegations that its franchisees doctor payrolls and systematically underpay workers in Australia.

Community 05 Aug 2013 | 12:00 AM

Gold remains volatile amid US recovery

The US GDP for the second quarter gained 1.7% and better than forecast, hence injecting investors’ confidence for a potential recovery. The US Federal Reserve, European Central Bank (ECB), and Bank of England (BoE) are keeping the monetary policy and interest rate as status quo amid rumours of tapering stimulus in September. On Friday, American payrolls rose 162,000 in July and below consensus despite unemployment jobs dropping to 7.4% from 7.6% in June.

World 08 Jan 2010 | 12:00 AM

U.S. job purge likely halted, jobless rate seen up

WASHINGTON (Reuters) - A U.S. government report on Friday is expected to show the economy stopped shedding jobs last month for the first time since it fell into recession two years ago, easing a political weight on President Barack Obama.

World 07 Mar 2017 | 9:51 AM

Afghan police in volatile south complain of not being paid

KABUL/KANDAHAR, Afghanistan (Reuters) - Police in parts of volatile southern Afghanistan have not been paid for weeks, officials say, undermining morale at a time when Taliban militants traditionally increase attacks on security forces.

World 02 Oct 2015 | 11:25 PM

Stocks fall, bonds climb after weak U.S. jobs report

NEW YORK (Reuters) - U.S. and European stocks slipped and bond prices jumped on Friday, after a weak U.S. employment report suggested the economy may not be strong enough to allow the Federal Reserve to raise interest rates this year.

Community 11 Aug 2010 | 12:00 AM

Gold and WTI Crude close off highs on better economic sentiment

GOLD started the week at 1182 and fell to 1174 after gaining four days as the improved economic outlook in Europe trimmed investment demand for the yellow metal. Growth in Europe's producers manufacturing industry accelerated to 56.7, at a three-month high and more than previously estimated in July.

World 03 Sep 2010 | 12:00 AM

Obama says to address new economic ideas next week

WASHINGTON (Reuters) - President Barack Obama will outline new measures next week to boost the U.S. economy after August data on Friday showed again that jobs -- the central issue in November elections -- were being created too slowly.