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Subject LAYOFFS SURGE 66% IN MAY OVER LAST YEAR!!! ADP 133K , Exp.150K!!! Chicago PMI Plunges From To 52.7, Lowest Print Since September Of 2009!!!

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[quote:Anonymous Coward 16832674:MV8xODg0ODMzXzMxNDc1NTU2X0Y4Qzg0RjJF]
[quote:sonic doom:MV8xODg0ODMzXzMxNDc0NTY3XzFDNUU0QjFF]
[quote:Luisport:MV8xODg0ODMzXzNBQTMyNkND]
LAYOFFS SURGE 66% IN MAY OVER LAST YEAR

ORIGINAL POST: The most jam-packed period of economic data reports that we can ever remember begins momentarily.
 
At 7:30 we get the Challenger Job Cuts report, which measures announced layoffs on a year-over-year basis.
 
There's no analyst estimate, but last month there was an 11.2% increase.
 
We'll have the number right here.
 
UPDATE:
 
Layoffs surged 66% in May according to Challenger, via Bloomberg.
 
The 61,887 announced cuts was the biggest rise in 8 months, according to Bloomberg's Linda Yueh.
 
Total announced layoffs were
 
More to come...

Read more: http://www.businessinsider.com/may-challenger-job-cuts-2012-5#ixzz1wRkqHKDO
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Well....... Its bush's fault
[/quote] 
at present, america is a major industrial base, europe, is more complex, for instance , when i go to any store 'here' not much 'nothing'is  made in europe, quality assured.it is imports and business leaving to do business elsewhere, that, is doing the damage,.eg; the only thing made in greece was bic single blade razors.:) too many ipods, ipads, computers, tv,s, cars, shoes, on every feet. no work. simple, it is our own fault, and move on. blame yourselves, your governments do not tell you what you can, and cant  buy, at the shelf. pick fruit, or grapes. the grass is greener on the other side of the road, for munger.:bump:
[/quote]

Original Message LAYOFFS SURGE 66% IN MAY OVER LAST YEAR

ORIGINAL POST: The most jam-packed period of economic data reports that we can ever remember begins momentarily.

At 7:30 we get the Challenger Job Cuts report, which measures announced layoffs on a year-over-year basis.

There's no analyst estimate, but last month there was an 11.2% increase.

We'll have the number right here.

UPDATE:

Layoffs surged 66% in May according to Challenger, via Bloomberg.

The 61,887 announced cuts was the biggest rise in 8 months, according to Bloomberg's Linda Yueh.

Total announced layoffs were

More to come...

Read more: [link to www.businessinsider.com]

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