Wednesday, March 2, 2011

Labor Market Still 'Sickly"

Again, anyone suggesting an early end to quantitative easing (QE2) is delusional. Headline analysis will skip over this trend.

Challenger, Grey, and Christmas Announced Layoffs (ALO) And YOY Change:


Headline: Planned layoffs spike in February

Don't look now, but one measure of job market health is starting to look a tad sickly.

Employers announced plans to cut 50,702 jobs in February, a 32% increase over January, according to outplacement consulting firm Challenger, Gray & Christmas.

Source: money.cnn.com

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