Mike: When the layoffs start at thr highly profitable tech giants, then you know the job market is going to get tougher. Also, if these contractors are 1099 contractors, then they aren’t eligible for unemployment benefits: (Reuters) – Internet search giant Google Inc (GOOG.O: Quote, Profile, Research,Stock Buzz) said it is “significantly” reducing the number of contract workers […]
Mike: While the markets were thrilled about the newest banking bailout, all that market noise on the upside did nothing to alleviate the job loss story. Mass layoffs are considered those of over 250. I will highlight any large layoffs, but it’s the smaller layoffs that seem to lose any national MSM recognition and those layoffs […]
Mike: At least those affected by the unemployment bug will get a little relief today. Now if there were only some unemployment benefit package for the millions of unemployed/under employed 1099 and independent contractor types. I am sure many would disagree with that thought, but getting money into the hands of the unemployed is one […]
Continue reading about Friday – Bush Signs Unemployment Benefits Extension
