January Job Cuts Lowest Since ’93, Led By Government and Retail Sectors
- Wednesday, February 2, 2011, 23:52
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On the same day when ADP announced stronger than expected private sector job growth, another report on the job market showed that January layoffs dropped 46% from 2010 to their lowest level since 1993, when the data set begins, lending additional evidence to market bulls who are betting on a sustained economic recovery.
http://blogs.forbes.com/afontevecchia/2011/02/02/january-job-cuts-lowest-since-93-led-by-government-and-retail-sectors/