PUNDIT PRESS HAS MOVED FROM BLOGGER

Pundit Press has moved on to bigger and better things.


Pundit Press now includes Pundit Press Radio and Pundit Press TV, bringing you the latest news and information with some of the top writers and broadcasters on the web today.


Please visit us at our new website: http://thepunditpress.com/.



Sunday, December 30, 2012

US Layoffs Up Astronomical 20% in Single Month

And somehow, the unemployment rate is magically falling. From Reuters via NBC:
Planned layoffs at U.S. firms rose for the third month in a row in November, partly driven by the bankruptcy of Hostess Brands, a report showed on Thursday.

Employers announced 57,081 job cuts last month, the highest level since May and up nearly 20 percent from 47,724 in October, according to the report from consultants Challenger, Gray & Christmas, Inc.

November's job cuts were also up 34.4 percent from the 42,474 seen a year ago.
Please bookmark!

No comments:

Post a Comment

Check this out!