Job Layoff Announcements
Employers announce nearly 40,000 jobs cuts
In what’s being called “a rare move,” Microsoft is considering job cuts and may announce as early as next week, according to The Wall Street Journal.
Saks and Neiman Marcus Announce Layoffs
General Electric Co. said Friday its finance business has informed employees of layoffs, following up on previous statements that [...]
Employment Situation
Department Of Labor — Nonfarm payroll employment declined sharply in December, and the unemployment rate rose from 6.8 to 7.2 percent. Payroll employment fell by 524,000 over the month and by 1.9 million over the last 4 months of 2008. In December, job losses were large and widespread across most major industry sectors.
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