The spate of nationwide layoffs continues. Companies announced cuts to more than 40,000 on Monday. Barry Ritholtz, CEO and director of equity research at Fusion IQ who writes about the economy at his blog, The Big Picture, says layoffs are likely to continue for some time to come.
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Source:
All Things Considered
NPR, January 26, 2009
http://www.npr.org/templates/story/story.php?storyId=99885676&ft=1&f=1003
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