More job cuts

This is why we are far from the bottom. Job cuts continue as year-end decisions get executed. The unemployment rate will continue to edge closer to 8-9%. This morning, major reductions announced by Sprint Nextel (8000), Catepillar (20000!), ING (7000) and Home Depot (7000).

posted 3 years ago | Permatime

Tagged as: economy, markmay,

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