Increase In Pink Slips Points To Recession

Increase In Pink Slips Points To Recession
Dan Gould
  • 10 march 2008

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.

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