January Job Cuts Lowest Since ’93, Led By Government and Retail Sectors

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/

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