Layoffs
Mike: Today brings us the weekly Jobless Claims number and Existing Home Sales. Jobless claims rose to 640,000. Last weeks revised drop to 613,000. The bit of good news in the report showed that the four-week moving average declined 4,250 to 646,750. A continued decrease in the four-week moving average is a better iindicator of job loss trends than […]
Mike: Good day to all. Wednesday became an active layoff announcement day, especially in the afternoon with Kimberly-Clark, Apache and GM announcements. Thursday brings us the weekly Jobless Claims number and Existing Home Sales. Both will indicate if the economy is stabilizing. Stay tuned…. – First I’d like to give some props to a fine blog at http://iwaslaidoff.info/. Pay […]
Mike: I hope you all had a fine weekend and thanks for visiting the new location of The Layoff List. Monday proved to be a busier day for international layoff announcements, which seems to be the case over the last few months of this blog’s life. US layoff announcements picked up the pace later in […]