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Medicine Hat News in Medicine Hat, Alberta

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Medicine Hat News

Location

Medicine Hat, Alberta, Canada

Date

Jun 09, 2001

Page

10

Alberta jobs show steady employment despite slower growth

May 2001 unemployment in Lethbridge Medicine Hat at 4.8 percent contrasts with 7 percent nationally. Full-time work dropped 41,000 from April while 51,000 part-time positions rose. Analysts warn lower quality of new jobs may signal weaker future growth. Alberta has the lowest rate at 4.5 percent. Newfoundland highest at 15.6 percent. GDP growth for five months sits around 0.3 percent. Hours worked fell to 33.9 in May from 34.5 in January.

Lethbridge Medicine Hat Statistics Canada Jeff Cheah Standard and Poor MMS Toronto Alberta Newfoundland

Teleglobe buys fibre capacity from U S rivals

Teleglobe Inc. agrees to purchase up to 350 million US dollars of network capacity from Williams Communications and Broadwing in a move to extend its U S reach to 63 of the top 100 markets. Analysts note short term benefit but question long term rationale.

Toronto BCE Inc Teleglobe Inc Dvai Ghose Cibc World Markets Teleglobe U.S Ghose Teleg United States Williams Communications BCE Telus Corp Burnaby B.C Broadwing Canada Iain Grant Brockville

NYSE Halts Trading For Hour Amid Software Glitch

The New York Stock Exchange suspended trading for about 90 minutes Friday due to computer problems affecting roughly half of its 3,500 stocks. Full market activity resumed by 2:26 p.m. with delays noted for IBM Corp and Anheuser-Busch Cos. until early afternoon.

NEW York New York Stock Exchange IBM Corp Anheuser-Busch Cos NYSE Richard Grasso

Ex-employees sue Wal-Mart over unpaid overtime in Iowa

A class-action suit filed in Clinton County District Court accuses Wal-Mart of brainwashing employees to work overtime without pay. Plaintiffs Taylor Vogue and Sally Mussmann say the company pressures workers to forfeit earned wages and act as “team players” while tasks exceed scheduled hours. The suit seeks unpaid wages and damages for all Iowa Wal-Mart employees.

Davenport Iowa Wal- Mart Clinton County Wal-Mart Clinton Taylor Vogue Camanche Vogue Sally Mussmann Mother Wal-Mart

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