"Firms in the United States technology sector announced planned job cuts totaling 84,217 in the first quarter 2009, up 27 percent from 66,312 in the previous quarter. It was the largest quarterly jobcut tally for the sector since 2002 fourth quarter, when 133,511 layoffs were announced in that quarter" according to the report released Monday by global outplacement firm Challenger, Gray & Christmas, Inc."
http://blog.baselinemag.com/bottom_line/content/careers/technology_employment_worst_quarter_since_2002.html
Saturday, April 11, 2009
Wednesday, February 4, 2009
China 2009 Crisis - 20 Million Lose Jobs
Hindustan Times 3 Feb 2009
State media Xinhua quoted a senior official taht abut 20 million migrant workers returned home form urban areas. Chen xiwen, Director of the Office of Central Rural Work Leading group is the offical quoted. Government issued a warning that 2009 would be China's toughest year since 2000.
China's colleges will produce at least 6 million graduates this year. Last 1.5 million could not find employment
State media Xinhua quoted a senior official taht abut 20 million migrant workers returned home form urban areas. Chen xiwen, Director of the Office of Central Rural Work Leading group is the offical quoted. Government issued a warning that 2009 would be China's toughest year since 2000.
China's colleges will produce at least 6 million graduates this year. Last 1.5 million could not find employment
Friday, January 23, 2009
Chinese Economy Grows at 6.8% in Fourth quarter of 2008
Economic Times 23 Jan 2009 page 10
6.8% is year on year growth.
This is the slowest gain in past seven years.
In the previous quarter the growth rate was 9%.
6.8% is year on year growth.
This is the slowest gain in past seven years.
In the previous quarter the growth rate was 9%.
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