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To: patron_anejo_por_favor who wrote (24891)10/28/2004 6:23:46 PM
From: nextrade!Read Replies (1) | Respond to of 306849
 
U.S. firms fire 700G since Jan.
By Jay Fitzgerald
Thursday, October 28, 2004

business.bostonherald.com

Subject 50782

U.S. corporations have wiped out more jobs through September than during even the bleakest full years of the recession of the late 1980s, according to a new report released yesterday.
During the first nine months of this year, U.S. companies announced about 724,320 layoffs, according to Challenger Gray & Christmas Inc.
That's an improvement from 1.2 million layoff notices last year and 1.4 million in 2003.
But considering 2004 is supposed to be a year of jobs recovery, the Challenger report said many corporations are still hacking employees from payrolls at a torrid pace, even while other companies may be hiring.
The 724,320 announced layoffs through the first nine months already exceed any full-year period prior to 2001, Challenger said.
The net effect is almost like the proverbial two steps forward, one step back, said James K. Pedderson of Challenger.
The economy has added about 1.7 million jobs in the past year, but many sectors - such as financial services and telecommunications - are still struggling, Challenger figures show.
There are still about 900,000 fewer jobs in the United States compared to peak employment in 2001.



To: patron_anejo_por_favor who wrote (24891)10/28/2004 6:47:35 PM
From: GraceZRead Replies (3) | Respond to of 306849
 
It's hard work for sure....but 98% of the world's population would give their collective right nut in a second to do it for 60K a year.....

You are absolutely right about the rest of the world. It is why they risk their lives to come here and work in conditions most Americans don't want to have anything to do with. What makes me crazy is to listen to local politicians claim that there are no good paying jobs for people in Baltimore with manual skills, knowing full well how hard it is to get any of these people to actually show up and apply for the work. John has to give the work to Mexicans and South Americans just because they show up!

My photo clients make anywhere from $800 to $4500 a day to shoot pictures (most work between 10 to 20 days a month shooting) and there has never been a client lunch where I don't have to listen to them whining about how difficult is is to make money in photography (I'm well paid to listen to this). Usually at some point I quietly ask them what would they do if they had to do what either I do or what my husband does every day. That usually shuts them up. Most are totally unaware that they are in the top 20% of income earners in the US and the top 1% in the world. Their affluence is totally wasted on them because they only see that someone else has more than they do. I'm left with the conclusion that the more money someone has the more miserable it makes them.