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

To: Johannes Pilch who wrote (534857)	2/3/2004 1:49:07 PM
From: goldworldnet	Respond to of 769670

The speech was intended to be motivational. Dean had insulted the Democrat leadership and they were waiting to nail him the first chance they got. * * *

To: Johannes Pilch who wrote (534857)	2/3/2004 2:06:17 PM
From: Skywatcher	Read Replies (1) \| Respond to of 769670

so much for the JobLOSS Recovery...well on it's way to a job near YOU! US firms announce deeper job cuts in January Tue Feb 3,10:29 AM ET Add Business - AFP to My Yahoo! WASHINGTON (AFP) - American employers swung a heavier jobs axe in January, announcing more than 100,000 cuts for the first time in three months, a closely watched survey showed. Companies planned 117,556 cuts in January, traditionally a tough month for the labor market, up 26 percent from December, according to a survey conducted for outplacement firm Challenger, Gray and Christmas. It was the biggest job-cutting figure since October. "It is too early to tell if we are going to have another year of heavy job cutting," the company's chief executive John Challenger said Tuesday. "We typically see higher job cuts in January as companies set into motion business plans and employment needs for the new year." In January 2003, employers had announced 132,222 job cuts. "One factor that might impact job-cut activity this year is the escalation of offshore outsourcing, which could see some employers eliminate jobs in America and shift the work to service providers in countries such as India, China and the Philippines," Challenger said. "Another factor affecting job cuts is the possibility of increased mergers and acquisitions. We have already seen a couple of large deals announced this year, one of which expected as many as 10,000 job cuts to take place as redundant positions are eliminated," he added. "This could be a big year for such transactions as companies try to strengthen their position in the marketplace as the recovery builds momentum," he said. Workers in the consumer products industry were hardest hit with 22,775 cuts, followed by the financial sector with 15,157, retail with 14,016, food with 12,701 and industrial goods with 11,797. CC