Hundreds of jobs have been cut at a company that is supposed to help people find jobs.
Job posting Web site CareerBuilder has slashed 300 jobs, or about 15 percent of its workforce, according to the Chicago Tribune. The cuts were across the board, but mostly in its small business segment, the Tribune reports, citing chief marketing officer Richard Castellini.
Read more at http://www.bizjournals.com/washington/stories/2008/12/08/daily82.html
Dec 5, 2008 – The top 3 numbers that headlined news worldwide – 533,000 jobs lost, 6.7% unemployment rate, worst since 1974
”‘We have gone from recession into something that looks more like collapse,’ said Ian Shepherdson, chief domestic economist at High Frequency Economics, referring to the accelerating job losses in recent months.“
- Read New York Times article on http://www.nytimes.com/2008/12/06/business/economy/06jobs.html
“The U.S. government reported Friday that nonfarm payrolls were cut by a staggering 533,000 in November, exceeding even the pessimistic projections, while the unemployment rate hit 6.7%, which was slightly lower than expected. The figures appear to confirm the magnitude of the recession under way.“
- Read Forbes article on http://www.forbes.com/business/2008/12/05/government-unemployment-payroll-markets-econ-cx_md_1205markets10.html
New Jobs on JobsTAXI