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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Oct 07, 2014
Page
12
U S employers added 248000 jobs in September and 69000 more in July and August revisions, pushing the jobless rate to 5.9 percent the lowest since July 2008. Dow climbs 209 points as economists weigh Fed rate plans and wage trends.
The United Auto Workers announces a new local to represent the Mercedes plant in Alabama mirroring efforts with Volkswagen in Tennessee. UAW President Dennis Williams attends with Daimler AG and IG Metall officials to say workers deserve representation.
Sprint Corp, the third largest U.S. wireless carrier, will cut an unspecified number of jobs this month to reduce costs as it faces AT&T and Verizon. The layoffs affect IT and other divisions and may incur further charges. SoftBank owner oversees leadership changes and broader price-cut strategies.
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