Thursday, November 6, 2008

U.S. Job Losses Poised to Accelerate in October - BusinessWeek

U.S. Job Losses Poised to Accelerate in October

Lingering effects from Hurricane Ike, the strike at Boeing, and the consumer pullback should make for a bleak October U.S. jobs report

The October U.S. employment report, scheduled for release Nov. 7, should prove the worst one yet for the current downturn, and will set the stage for the degree of weakness the markets should expect for the remaining October economic reports.

No comments: