Jobs Cut

Mike: The holiday weekend is behind us and a full week of unemployment news begins. This morning I was browsing the news and came across these little stories that got my head a shakin’. “A second stimulus should be the one they should have done the first time, something that is relatively fast and thoughtful,” […]

Continue reading about July 6 – Both political parties are clueless about unemployment – BASF to cut 3700 jobs – Oracle to cut 1,000 jobs in Europe – Caraco slashes 350

Good day to all. The US is closed for the holiday, but there are still enough news stories to keep this post going for the day. Yesterday the monthly jobless report showed a larger loss of jobs in June than expected. There is one point that should be emphasized and that is US needs to […]

Continue reading about July 3 – Has the Recovery Act helped you? – 11,000 Dutch postal carriers dumped

Mike: There are too many economic reports for this lone blogger to highlight, so you may want to visit Bloomberg.com: Economic Calendar to view your favorite reports. Mike: I would be remiss if I didn’t send a Canada Day greeting to my Canadian readers and friends. Being from Rochester, NY, I often get to visit Canada and […]

Continue reading about July 1 – Mortgage applications fall to 7-month low – ADP and Challenger employment reports show some improvement – Diageo (Guinness) cuts 900 jobs – Gannett to cut 1000 more? – Briggs & Stratton to chop at least 430