The economy is looking bleaker as new applications for jobless benefits rose last week to the highest level in almost six months. It's a sign that hiring remains weak and employers may be going back to cutting their staffs. . .Economic Outlook for Obama Dims as Jobless Claims Grow, Stimulus Falters
The rise in claims is a sign that private employers may be ramping up layoffs, which declined as recently as June, according to a separate government report released Wednesday. . .
Another possibility is that small companies, facing tight credit, are still reducing their staffs, even as larger corporations slowly resume hiring. . .
Some companies are still cutting workers. Medical products manufacturer CareFusion Corp. said Wednesday it plans to eliminate 700 jobs, saving the company up to $120 million a year. . .
Friday, August 13, 2010
If you've noticed any disappearing staffs recently in places you live, work, or frequent...
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