Wednesday, July 06, 2011

JOBS ARE CREATED IN A RECOVERY

http://finance.yahoo.com/news/Challenger-report-Pace-of-cnnm-3064083541.html?x=0&.v=2
"As the economic recovery continues to lose momentum, more job losses are on the horizon for thousands of Americans, according to a report released Wednesday. The number of planned job cuts rose 11.6% in June to 41,432 from May's 37,135, according to outplacement consulting firm Challenger, Gray & Christmas.
Government workers will take the biggest hit, the report said, accounting for 10,176 of the announced reductions.
While the overall pace of job cuts has slowed since the recession, hiring has been spotty. Employers have now announced a total of 245,806 planned job cuts this year -- down 17.4% from 297,677 cuts announced in the first six months of 2010. But year over year, job cuts have increased 5.3% from June 2010."

http://money.cnn.com/2011/07/06/news/international/china_interest_rate/index.htm?iid=HP_LN China raises key interest rate.

I was short with TZA  yesterday, AM gap down futures off 7 plus.

D

1 comment:

Tarun Kumar said...

you are right... you can also find latest government jobs alerts online.