Archive for July, 2009
How Wrong Is It That There Are Such Things As Layoff Trackers?
I can’t honestly believe it! When did the term ‘layoff tracker’ become part of our normal vocabulary?
Tech Crunch published a blog in which there is a growing chart of company names with corresponding totals of layoffs. Seeing the headline ‘Layoff Tracker’ and reading the Tech Crunch numbers was eye-opening and sad but it made me [...]
Jobless Rate Rises – Again. 14 Million Total Unemployed
U.S. employers cut a larger-than-expected 467,000 jobs in June and the unemployment rate climbed to a 26-year high of 9.5 percent. Workers also saw weekly wages fall, suggesting Americans will have little appetite to spend and the economy’s road to recovery will be bumpy.
The Labor Department report, released Thursday, showed that even as the recession [...]
