The final week of January began with a bloodbath for the job market, as over 71,400 more cuts were announced on Monday alone. Full Story »
Posted by Kaizar CampwalaTo:
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Sounds terrible. Why? Because all it does is show the bare facts, but not the context. 71,000 jobs is a minuscle part of the total work force. Nothing said about the rush to downsize either. Last time companies did that they found they couldn't meet demand when it returned, so they prolonged the recession. In short, simple propaganda.
