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Layoffs In September EXPLODE 126% In Worst Month Since April 2009
Business Insider ^ | 10/05/2011 | Joe Weisenthal

Posted on 10/05/2011 7:39:44 AM PDT by SeekAndFind

Just out from Challenger, the latest survey of job cuts:

Employers announced plans to shed 115,730 workers from their payrolls in September, making it the worst job-cut month in over two years. Heavy reductions planned by the military accounted for a large portion of September job cuts, signaling what may lie ahead as the federal government seeks across-the-board cuts in spending.

September job cuts were 126 percent higher than the 51,114 announced in August, according to the latest report on monthly job cuts released Wednesday by global outplacement firm Challenger, Gray & Christmas, Inc. They were 212 percent higher than September 2010, when employers announced just 37,151 job cuts. Last month’s total is the highest since April 2009, when 132,590 job cuts were announced.

Here's the industry breakdown table.

(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Culture/Society; Front Page News; News/Current Events
KEYWORDS: barackalypsenow; bhoeconomy; democrats; economy; hopeychangey; layoffs; obama; obamacare; obamageddon; september2011; socialistdemocrats; unemployment
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To: Pearls Before Swine

Debbie Wasserman-Nutjob/Schultz YESTERDAY:

“ANYONE can see that the economy is IMPROVING!”


21 posted on 10/05/2011 9:50:29 AM PDT by tcrlaf (Election 2012: THE RAPTURE OF THE DEMOCRATS)
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To: SeekAndFind
One wonders if all these "anyones" who were thrown out of work in Sep. would agree with the head of the dnc that "anyone can see the economy is getting better!"

Perhaps these "anyones" who are now jobless and pretty much hopeless would like to have a "one on one" meeting with the head of the dnc???

22 posted on 10/05/2011 9:53:14 AM PDT by Logic n' Reason (The stain must be REMOVED (ERADICATED)....NOW!!)
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To: SeekAndFind

but the dems say they can see the economy grow.

/s


23 posted on 10/05/2011 9:58:27 AM PDT by ken21 (ruling class dem + rino progressives -- destroying america for 150 years.)
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To: subterfuge

Sorry to read of your difficulties, hope things turn around for you soon.


24 posted on 10/05/2011 10:12:32 AM PDT by prairiebreeze
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25 posted on 10/05/2011 10:35:58 AM PDT by TheOldLady (FReepmail me to get ON or OFF the ZOT LIGHTNING ping list)
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To: Himyar

Me too! Two weeks ago from areospace after 30 years. DOD Job. Spy satellites.


26 posted on 10/05/2011 12:23:31 PM PDT by fastkelly
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To: prairiebreeze

Thanks for that prairie. There are worse things than no job. Its pretty insignificant in light of the fact that my aunt died last December, my mother died in Feb and my baby sister died on 9-11. There is other stuff too, but you get the idea.

Keeping the faith anyway. Take care.


27 posted on 10/05/2011 3:29:23 PM PDT by subterfuge (BUILD MORE NUCLEAR POWER PLANTS NOW!!!)
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