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Aug2
BreakingNews: Analysts Predict A Half-Million More Jobs Could Disappear Over The Rest Of The Year!
Stores, factories and other businesses large and small showed workers the door last month, sending unemployment to its highest rate in four years and adding to the evidence an economic recovery remains far off. Facts:
Employers clamped down on hiring and cut 51,000 jobs in July, the Labor Department said Friday. The economy has shed jobs each month this year - 463,000 in all.Temporary help firms, also viewed as a barometer of demand for future hiring, eliminated 29,000 jobs. Those losses swamped job gains elsewhere, including in the government, education and health care.
Why?
Job losses in July were the heaviest in industries hard hit by the slow housing market, the clampdown on credit and the shaky financial sector. Manufacturers cut 35,000 jobs, construction companies 22,000 and retailers 17,000.Unemployment Increase Going Up Fast
The increase in the unemployment rate in July came as many young people streamed into the labor market looking for summer jobs.Fewer of them were able to find work. The unemployment rate for teenagers jumped to 20.3 percent, the highest since 1992.
Still, the job losses were not as bad as some feared. Economists were expecting 72,000 jobs lost for July. The government also revised the job-loss figures for May and June to a combined 98,000, down from 124,000.
All told, there were 8.8 million people unemployed in July, up from 7.1 million last year. The jobless rate last July was a full percentage point below where it was this July.
What To Do?
For many keeping your job that will be gone don’t make sense. What can you do today? Secure your future. We want to help the little guy or gal. Read how a 24 year old drop out college student made over $33,000.00 USD in one month. Do you want to secure your future? Read this article, click here!
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2 Responses to “BreakingNews: Analysts Predict A Half-Million More Jobs Could Disappear Over The Rest Of The Year!”
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The checks keep rolling with money. I’m sure glad I quit my losser job I had. Now I make well over $135,000.00 every year!
Do your self a favor learn how to make over $33,000.00 in a month.
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More and more business are showing the door. They don’t care. Time to take action. The 300 billion dollars is mine to take.
Where?
http://www.BlogThisToTheBan.comDon’t waste time with college or dead end job. Your the boss you make the money 24 hours a day. http://www.BlogThisToTheBank.com
Don’t try this your self….you need the blue print to make it work for you!
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