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Only 539000 Jobs Lost in April; Unemployment Increases; My Failed PredictionsThis forum post is dated 05/07/10. If you feel it is old or outdated, please follow up with a question or comment and someone may be able to update it, or reply with newer information if you have it. Alaska - Finance Jobs
| Only 539000 Jobs Lost in April; Unemployment Increases; My Failed Predictions Layoffs slow to 539K in April; jobless rate rises •It wasnt nearly as big as the 620000 job cuts that economists were expecting •Unfortunately, the unemployment rate climbed to 8.9 percent, the highest since late 1983 finance.yahoo.com The U6 unemployment rate is much higher •The U6 includes part-time and discouraged workers. •The U6 unemployment rate is 15.8% www.bls.gov DuPont cuts 2000 jobs www.marketwatch.com Microsoft Cuts 3000 Jobs •CEO says that more jobs may be cut. news.google.com What a feeling: how emotions may yet save the economy •An influential Democrat whose also a top hedge fund manager believes that the White House staff is reading a behavioral economics book called, Animal Spirits. www.ft.com Oil wavers after crossing $58 on economy hopes finance.yahoo.com Toyota posts first loss, sees worse ahead •Toyota lost 7.7 billion dollars in the quarter to March alone, even more than General Motors, as it idled plants to ride out the biggest crisis in its more than 70-year history. www.breitbart.com |
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