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U.S. planned layoffs jump in August: Challenger
| September 5, 2013
| by Luciana Lopez
Posted on 09/05/2013 5:20:30 AM PDT by Oldeconomybuyer
The number of planned layoffs at U.S. firms surged in August to their highest in half a year, with industrial goods manufacturers the hardest hit, a report on Thursday showed.
The August job cuts were up 57 percent from the same time a year ago. For 2013 so far, employers have announced 347,095 job losses, close to the 352,185 that were seen in the first eight months of last year.
(Excerpt) Read more at reuters.com ...
TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: failure; jobs; obamanomics
Looks like the 0Bama Summer of Wreckovery 2013 is a success...
posted on 09/05/2013 5:26:41 AM PDT
by Hotlanta Mike
("Governing a great nation is like cooking a small fish - too much handling will spoil it." Lao Tzu)
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