To: David; Lael
Challeger Gray and Christmas STILL DO put out data on layoffs. Where they get it from I don't know. I just got an article from CBS Marketwatch that was all about the latest data. The first part of it is as follows, with misleading headline and all:
Layoffs up 26%, Challenger says
January typically a big month for job cuts, survey says
By Rex Nutting, CBS.MarketWatch.com
Last Update: 10:00 AM ET Feb. 3, 2004
WASHINGTON (CBS.MW) -- Announcements of job reductions by U.S. corporations surged 26 percent in January to 117,556, the highest since October, according to a monthly tally by outplacement firm Challenger, Gray & Christmas.
"We typically see higher job cuts in January as companies set into motion business plans and employment needs for the new year," said John Challenger, CEO of the outplacement firm.
January 2004 layoffs were 11 percent lower than January 2003's 132,222 and 53 percent lower than January 2002's 248,475.
To: litany_of_lies; All
Challeger Gray and Christmas STILL DO put out data on layoffs. Where they get it from I don't know. I just got an article from CBS Marketwatch that was all about the latest data. The first part of it is as follows, with misleading headline and allMega, Mega, MEGA Thanks!!!
18 posted on
02/03/2004 3:17:43 PM PST by
Lael
(http://fourthturning.com)
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