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The ONLY good news in your link is.. Government and non-profit entities rank second in year-to-date payroll reductions, with announced layoffs of 160,434 workers. The sector is poised for more cuts as many state and local governments grapple with hefty budget deficits.
not sure how 'a lower amout of layoffs' is good news...there have been MILLION of people that have lost their jobs in the last year....we have actually lost 50 million jobs since 1993 when Nafta/cafta/gatt have come in to play
layoffs are 'lower' because most of the jobs are ALREADY GONE, and 'hiring' isnt going to come back anytime soon.
how many banks have failed IN THE LAST MONTH????
I hope thing turn around soon, but I am not counting all the chickens yet
not sure how 'a lower amout of layoffs' is good news...there have been MILLION of people that have lost their jobs in the last year....we have actually lost 50 million jobs since 1993 when Nafta/cafta/gatt have come in to play
layoffs are 'lower' because most of the jobs are ALREADY GONE, and 'hiring' isnt going to come back anytime soon.
Actually hiring WILL resume - so far there have been 3 different and independent business surveys to that effect. Here's the latest:
"Wage and hiring freezes are starting to thaw at U.S. companies, according to a Watson Wyatt survey.
The Washington, D.C.-based human-resources consulting firm says 54 percent of employers that froze salaries during the economic downturn plan to reverse the policy within the next six months. That’s up sharply from 33 percent in August and 17 percent in June.
At companies that stopped hiring, 49 percent expect to add personnel in the next six months."
Oh, and here's ANOTHER survey indicating a pickup in hiring is on the way. The percentages are different from the other survey I posted but both show a definite movement in the RIGHT direction:
"CHICAGO — Results from a new economic survey may ease concerns about rising unemployment and its effect on consumer spending, as forecasters say more employers appear willing to hire in the coming months.
The latest quarterly survey from the National Association for Business Economics, set for release on Monday, shows that unemployment is moderating. It also signals an improved hiring outlook over the next six months, which may help alleviate worries that the nation's unemployment rate will continue to jump and constrict consumer spending, the main driver of the U.S. economy"
I am pleased to see such positive economic news as of late.
I remember when economic good news was job growth. Now the lib economic good news story is slower job losses
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