Home
Jobs go in big US downturn
Bombay News.Net
Friday 4th July, 2008
US firms have made redundant 60,000 Americans over the past month.
Total job losses so far this year are close to a staggering 438,000.
Heavy job losses were reported in construction, manufacturing and financial services, the worst casualties of the housing, credit and financial debacles.
Weighed down by energy prices and the housing crisis, thousands of employers and employees are worried about the future.
With more job cuts expected in coming months, there's growing concern that many people will pull back on their spending, dampening growth in the world’s largest economy.
 Email this story to a friend
Comments on this story
~`~~galljdaj+
07-05-08, 07:42 AM |
Jobs go in big US downturn
Job Losses, are Executive, i.e., Leader’s decisions!
Leaders exploiting! Exploiting to stuff their pockets full!
Disparagy! Lack of Loyalty! Greed! Traitors! Violators of the Licenses GIVEN to them!
How unamerican, and Today is very American! And these criminals are going Worldwide! in the Globalizations!
|
Have your say on this story
|
 |
 |
- India's Firstsource stake put on sale
Hong Kong/Mumbai, Sept.8 : Firstsource, one of India's leading business-process outsourcing companies, has put one of its stakes up for sale. [read story]
- NSHM knowledge campus to set up India's first retail university at Lavasa
Mumbai, Sep 8 (ANI/Business Wire India): NSHM - Knowledge Campus, Kolkata has signed an agreement with Lavasa Corporation Ltd. to establish India's first Retail, Media and Thinking Management University at Lavasa, Maharashtra. [read story]
- Pak UAE envoy says NSG nod to India will spur arms race in South Asia
Abu Dhabi, Sept 8 : Pakistan has expressed its concern over the 45 member Nuclear Suppliers Group's (NSG) approval for India. [read story]
- Equity markets keep going up early afternoon
Mumbai Sep 8 (IANS) Indian equity markets continued to trade with hefty gains early Monday afternoon, after opening in the green and moving upwards in initial trade following the NSG waiver to the India-US nuclear deal. Realty, banking and capital goods stocks were in demand. [read story]
- Jyoti Basu's health 'in control'
Kolkata, Sep 8 (IANS) Veteran Marxist leader and former West Bengal chief minister Jyoti Basu, who sustained a head injury after a fall in the bathroom of his residence Friday, is keeping well at a city nursing home, its spokesperson said Monday. [read story]
|
|
 |
 |
|
|
