Mike: The number of job losses in the US by Sony weren’t announced and they may not be that large, but Sony has its hands in many a US pocket and those job losses outside the US will soon show up on US shores as suppliers, distributors, technicians and marketers shed Sony related positions. Sony […]
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Mike: Today the markets are cheering the “hope” of an Obama recovery, but the job news continues to look less than hopeful. While the Obama jobs recovery plan may help some jobless find “shovel ready” work in construction fields, it’s not going to help the 55 year old who was writing code for a tech […]
Mike: This was a busy week for layoff and unemployment reports. The important numbers came from the BLS and they showed that nonfarm payroll employment fell sharply (-533,000) in November, and the unemployment rate rose from 6.5 to 6.7 percent. While these numbers are bad enough, they somewhat hide the true unemployment numbers, which are […]
Continue reading about The Real Layoff Numbers – Weekend Update
