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threadbear wrote:I would put it conservatively at 10%, factoring in underemployment.
Maddog78 wrote:threadbear wrote:I would put it conservatively at 10%, factoring in underemployment.
I get your point but why not say 12% or 15% when you are just guessing anyway?
When the employment rate was <4% but yet I saw Help Wanted signs in every 3rd business what was the "real" unemployment rate then? 0%?
And in Canada, at 10% unemployment, we've just begun.
Maddog78 wrote:You didn't say conservatively in your first post using 10%.
Employment was little changed in June, leaving total net losses during the last three months at 13,000, much smaller than the 273,000 decline in the first three months of the year. The unemployment rate edged up 0.2 percentage points to 8.6% in June, as more people looked for work.
Seagate Technology announced on Tuesday it would relocate its hard disk drive manufacturing operations from Ang Mo Kio to other existing Seagate facilities by end-2010, laying off some 2,000 employees in the process.
mattduke wrote:It will be interesting to see how society gets on without the taser thugs, meter maids, DMV droids, and marijuana goons, let alone the 6-figure government retirees.
Goldman Sachs Group Inc. and seven other overseas banks eliminated 12 percent of their workforce in Japan last fiscal year as a stock market rout crimped trading profits and investment banking fees.
Lockheed Martin Space Systems Company, a division of US global security firm Lockheed Martin Corporation, said on Monday it would cut about 800 jobs by year-end to improve its competitiveness. The company said the payroll deductions represent about 4.5 percent of the overall workforce and are "aimed at improving its competitive posture."
Japanese electronics maker Fujitsu Ltd. on Wednesday said it planned to cut up to 1,200 jobs in Britain by the end of 2009 because of worse-than-expected sales ... Fujitsu, which recently posted a quarterly loss, plans to shed almost a tenth of its workforce in Britain as it employs 12,500 people across the country.
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