U.S. Job Loss Slows

[bryan]

Hi
We just had our annual employees meeting at the plant that I work at. The owners claim a 20% increase in sales.They have called back everyone who was laid off last year and have hired 6 new people.They have purchased 2 new machines and are working on getting another.We also recieved this years profit shareing check (no profit last year so no check) which we really were not expecting.
My fear is that we will rebound too quickly thus making the next market crash even more painful.Sure hope Im wrong and they are right.
Good Luck and have a safe and glorious holiday season.

 

[OntarioVanMan]

every place I pick up and drop at is busy....recalled or hired new workers or using temps...Auto/heavy equipment...the lay-offs must be the white collar sector still...

 

[layoutshooter]

We shall see, I HOPE it holds and things improve but I kinda think this will be short lived. With new taxes coming on line soon, maybe Cap and Trade which will KILL large industry I think we will see an end to this recovery and a return to Stagflaition.

 

[OntarioVanMan]

We shall see, I HOPE it holds and things improve but I kinda think this will be short lived. With new taxes coming on line soon, maybe Cap and Trade which will KILL large industry I think we will see an end to this recovery and a return to Stagflaition.

So far nothing has passed..it has all been a big wind....we'll see how it turns out...final passage and how it gets watered down and of course the manditory pork that goes with it....