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Continuing high jobless claims combined with recent job cuts at Cisco (CSCO), Lockheed Martin...

Continuing high jobless claims combined with recent job cuts at Cisco (CSCO), Lockheed Martin (LMT), Goldman Sachs (GS) and Borders add up to an unwelcome trend: Layoffs are accelerating - in fact, companies are laying off employees at a level not seen in nearly a year.
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Comments (2)
  • davidingeorgia
    , contributor
    Comments (2713) | Send Message
     
    The non-recovery marches on!
    21 Jul 2011, 08:51 AM Reply Like
  • viper32nc1
    , contributor
    Comments (95) | Send Message
     
    True, but companies are still put out good earnings, and thats what wallstreet cares about most! So Rally On!
    21 Jul 2011, 09:00 AM Reply Like
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