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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: sea_biscuit who wrote (486621)	11/4/2003 3:04:27 PM
From: Lizzie Tudor	Respond to of 769667

no surporse for many of us familiar with the job market carnage over the last 3 years Job cuts announced by U.S. corporations more than double in October He added that companies' increasing productivity has made it easier for them to further delay hiring plans. The migration of jobs offshore as well as increasing consolidation also have stunted job growth. "I don't think that this expansion has the potential to create 150,000 jobs a month -- a number to get unemployment to go down," he said. "I think that this will be a meager job expansion." In a new poll of human resources executives conducted by Challenger, 78 percent did not expect to see any significant upturn in hiring until the second quarter of 2004. None of the respondents forecast an upturn in the first quarter. Eleven percent said hiring would pick up in the third or fourth quarter. Eleven percent of those polled said that there would be no hiring rebound at all in 2004. biz.yahoo.com