Not one word of this on CNN.com's main webpage.
You're right - not a word about the good news on the economy. But they do have this: (surprise, surprise. NOT)
http://money.cnn.com/2004/06/01/news/economy/challenger/index.htm
Job cut plans rise
Announcements by major U.S. firms climbs for second straight month, employment firm says.
June 1, 2004: 10:13 AM EDT
NEW YORK (CNN/Money) - The number of job cuts planned by U.S. employers rose for the second straight month in May as firms announced plans to cut more than 73,000 jobs, an outplacement firm said Tuesday.
U.S. businesses announced 73,368 job cuts in May, up from 72,184 job cuts in April, a gain of 1.6 percent, according to Chicago-based Challenger, Gray & Christmas, which keeps track of monthly job-cut announcements.
May's announcements were 6.9 percent higher than those of May 2003, when 68,623 cuts were announced.
Through the first five months of 2004, employers have announced 408,392 job cuts, an average of 81,678 per month, or about 28 percent lower than the 114,163 pace in the first five months of 2003.
But the 12-month moving average of announcements rose to 89,500 from 89,105 in April, the first gain in the moving average since December.
And the number of job-cut announcements per month remains well above pre-recession levels of about 51,000 per month, CEO John Challenger said in a release.
"Overall, job cuts are down from last year and significantly lower than the record numbers we saw in 2002 and 2001, but there are still some worrisome trends," Challenger said.