Initial Jobless Claims: -7K to 340K vs. 355K consensus, 347K prior (revised). Continuing claims...
Mar 7 2013, 08:30 ET
Initial Jobless Claims:
-7K to 340K
vs. 355K consensus, 347K prior (revised). Continuing claims +3K to 3.09M.
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7 Mar 2013, 08:38 AM
not for the 340k who applied for benefits, also Challenger and Gray Report February 2013 Job Cut Report
US employers announced 55,356 cuts in February, a 37% jump from January.
7 Mar 2013, 08:51 AM
"Employers have now announced 95,786 job cuts so far in 2013. That
is 9.0 percent fewer than the 105,214 job cuts through the first two months
7 Mar 2013, 10:14 AM
How many more can they cut? Like saying the Titanic took on less water just before she sank.
7 Mar 2013, 10:39 AM
As automation and robotics work their way through all the professions, even those deemed "safe" right now (i.e. some white collar professions), we will see continued slimming down by companies. It is not looking pretty as the layoffs of course are cutting down the number of consumers.
7 Mar 2013, 01:05 PM
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