Friday, April 04, 2008

Payrolls contract by 80,000 as jobless rate hits 5.1% in March

Date: Fri, 04 Apr 2008 21:06:03 (GMT)
Payrolls contract by 80,000 as jobless rate hits 5.1% in March

WASHINGTON
In employment data that would seem worthy of the name recession, the
government reported Friday the steepest monthly job losses in five years
as well as a spike in the unemployment rate for March.

Teething woes at Heathrow's T5 could last until summer

Disruptions at London Heathrow's new Terminal 5 could continue until
the summer and will likely cost tenant British Airways Plc much more
than the 16 million-pound ($32 million) hit it disclosed this week, an
analyst said Friday.

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