U.S. Job Cuts Hit 8-Month High
www.ksat.com/money/3783876/detail.html
NEW YORK -- A new report says the number of announced job cuts rose sharply in September to nearly 108,000 an eight-month high.
The outplacement firm Challenger, Gray and Christmas said Tuesday the number of planned cuts was a 41 percent increase from a year earlier.
The level of job cut announcements was also 45 percent above the previous month.
Challenger said more than 724,000 job cuts have been announced so far this year.
Job losses in September were particularly heavy in the computer, transportation, telecommunications and consumer products industries, the report said.
At the same time, employers revealed only 16,000 new job openings, according to the Challenger report. That was a slight increase from the previous month.
The jobless recovery setzt sich fort. Die Stufe ist gesetzt, weil typischerweise das 4. Quartal das stärkste ist und aus allen anekdotischen Berichten scheint es, das die Stufe gesetzt ist für eine Flucht aus dem breiten US-Aktienmarkt in den kommenden Monaten.
www.ksat.com/money/3783876/detail.html
NEW YORK -- A new report says the number of announced job cuts rose sharply in September to nearly 108,000 an eight-month high.
The outplacement firm Challenger, Gray and Christmas said Tuesday the number of planned cuts was a 41 percent increase from a year earlier.
The level of job cut announcements was also 45 percent above the previous month.
Challenger said more than 724,000 job cuts have been announced so far this year.
Job losses in September were particularly heavy in the computer, transportation, telecommunications and consumer products industries, the report said.
At the same time, employers revealed only 16,000 new job openings, according to the Challenger report. That was a slight increase from the previous month.
The jobless recovery setzt sich fort. Die Stufe ist gesetzt, weil typischerweise das 4. Quartal das stärkste ist und aus allen anekdotischen Berichten scheint es, das die Stufe gesetzt ist für eine Flucht aus dem breiten US-Aktienmarkt in den kommenden Monaten.
