LayoffBlog.com

February 4, 2009

U.S. Companies cut 522,000 in January

According to Bloomberg: “Companies in the U.S. cut an estimated 522,000 jobs in January as the economy weakened at the start of the year, a private report based on payroll data showed today.

The drop in the ADP Employer Services gauge was less than economists forecast and followed a revised cut of 659,000 for the prior month”

1 Comment »

  1. Not a big deal but it does show a widening of sectors being effected.

    http://seattletimes.nwsource.com/html/localnews/2008704417_swedish04m0.html

    Comment by Rick — February 4, 2009 @ 10:06 am | Reply


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