Friday, April 3, 2009

Layoffs rise despite hope recession is easing

(AP:WASHINGTON) Employers are laying off workers at a faster pace despite a few hopeful signs recently that the recession _ now the longest since World War II _ could be easing.

The Labor Department on Friday is slated to release a report expected to show that a net total of 654,000 jobs were lost last month. That's more than the population of Baltimore.

If economists are right, it would mark a record four straight months that job losses topped 600,000. FULL STORY.

NOTE: Isn't it time for Government to start cutting payroll? Instead of raising taxes on the few left working and the unemployed, Cities, Counties, States and yes, even the Federal Government needs to start pink slipping as well.

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