Job freeze deepens

Article Abstract:

Unemployment in Australia was 7% in Apr 2001, with the number of job ads having fallen by 34.3% in the past year. Many companies are restructuring or undertaking mergers and acquisitions, scaling down their workforces in the process. However, more flexible employment patterns will emerge, and some observers believe that a period of falling unemployment is about to start.

Australia, Unemployment, Labor market

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The borrowing binge

Article Abstract:

Issues are presented concerning the rising level of corporate debt which reached 21.7-billion Australian dollars in the last quarter of 2000. The pressure on earnings of companies restructuring during economic downturns is discussed.

Management, Economic aspects, Finance, Business enterprises, Business cycles, Debt financing (Corporations), Debt financing

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Life after the fall

Article Abstract:

Issues are presented concerning the careers which are being rebuilt by chief executive officers who have fallen from grace. The different philosophies of several former chief executive officers are discussed.

Cover Story, Behavior, Beliefs, opinions and attitudes, Chief executive officers, Businessmen

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