WASHINGTON -- Planned layoff announcements at major U.S. corporations increased 59% in January, reaching 71,482 from a nine-year low of 45,094 seen in December, according to the latest job-cut tally by Challenger Gray & Christmas.
It was the first month-to-month increase in layoffs since July, the outplacement firm reported Wednesday. The figures are not seasonally.............http://www.marketwatch.com/story/planned-layoffs-rise-for-first-time-since-july-2010-02-03
2008 Was The Most Serious Financial Crisis since the 1929 Wall Street Crash. When viewed in a global context, taking into account the instability generated by speculative trade, the implications of this crisis are far-reaching. The financial meltdown will inevitably backlash on consumer markets, the global housing market, and more broadly on the process of investment in the production of goods and services.
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