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U.S. employers announced plans in September to shed more than 115,000 workers -- the highest total in more than two years, according to a new jobs report.
That’s more than double the 51,000 cuts announced in August and more than three times the 37,000 cuts planned a year earlier.
The previous record was in April 2009, when employers planned to slash nearly 133,000 jobs...
Layoffs in the bank and military sector spiked...
Government employers attempting to slash spending were responsible for a third of the job losses. The U.S. Army revealed a five-year goal to thin its troops by 50,000.
The financial industry also said it needed to scale back jobs, with Bank of America attempting to save $5 billion a year by cutting 30,000 workers...
The military cutbacks are probably just the tip of the iceberg when it comes to federal spending cuts and layoffs...
Thanks, Tea-rorists.
More layoffs due to your holding the nation hostage for spending cuts are just what America needs right now.
http://latimesblogs.latimes.com/mon...t-planned-layoffs-at-2-year-high-reports.html
That’s more than double the 51,000 cuts announced in August and more than three times the 37,000 cuts planned a year earlier.
The previous record was in April 2009, when employers planned to slash nearly 133,000 jobs...
Layoffs in the bank and military sector spiked...
Government employers attempting to slash spending were responsible for a third of the job losses. The U.S. Army revealed a five-year goal to thin its troops by 50,000.
The financial industry also said it needed to scale back jobs, with Bank of America attempting to save $5 billion a year by cutting 30,000 workers...
The military cutbacks are probably just the tip of the iceberg when it comes to federal spending cuts and layoffs...

Thanks, Tea-rorists.
More layoffs due to your holding the nation hostage for spending cuts are just what America needs right now.
http://latimesblogs.latimes.com/mon...t-planned-layoffs-at-2-year-high-reports.html