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To: Logain Ablar who wrote (19457)2/3/2004 3:01:27 PM
From: Lizzie Tudor  Read Replies (1) | Respond to of 57684
 
looks like the jobs report is going to be bad. A bad jobs report after last month's disaster could really spook the markets. None of this is a secret to me.

Job Cuts Top 100,000 in January - Report

NEW YORK (Reuters) - Planned job cuts in January were 26 percent higher than in December as U.S. jobs moved to countries like India, China and the Philippines, and as mergers made some jobs redundant, according to a report on Tuesday.

The outplacement firm Challenger, Gray & Christmas Inc., said post-holiday job cuts reached 117,556 in January surpassing the 100,000 threshold for the first time since last October.

biz.yahoo.com



To: Logain Ablar who wrote (19457)2/3/2004 5:29:53 PM
From: Lizzie Tudor  Read Replies (3) | Respond to of 57684
 
no joy in cisco-ville tonight.