March 10, 2008

Increase In Pink Slips Points To Recession

by Dan Gould

Help Not Wanted

Another recession indicator has popped up in the news recently. It’s reported that in February, US employers cut 63,000 non-farm jobs. Although economists had expected employment to increase slightly it ended up being the biggest drop in five years. This is the second month in a row that employment numbers have fallen.

[via New York Times]

Article categories: Finance & Money, Trends In The US, Work & Business

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