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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Travis_Bickle who wrote (54462)8/8/2006 9:31:09 AM
From: Chas.  Read Replies (1) | Respond to of 116555
 
FOMOCO... today's rumor DeJour...additional layoffs coming over and above the announced 30000 by 2007.

No is safe, no one will be protected...

Jag being shopped...

Land Rover being shopped...

regards



To: Travis_Bickle who wrote (54462)8/8/2006 10:32:44 AM
From: mishedlo  Respond to of 116555
 
U.S. Q2 UNIT LABOR COSTS HIGHEST SINCE Q4 2004
U.S. Q2 UNIT LABOR COST UP 4.2% VS 3.5% EXPECTED

Wouldn't this be expected since 30,000 auto workers were bought out? Wouldn't this be expected with rising unemployment as well?

Mish



To: Travis_Bickle who wrote (54462)8/8/2006 12:15:56 PM
From: mishedlo  Respond to of 116555
 
Public Pension Plans Face Billions in Shortages
nytimes.com

I wrote about this in January
Baby Boomer Time Bombs
globaleconomicanalysis.blogspot.com