Jobs Update: 120,000 Vaporized in 2 Weeks

by | Jan 17, 2009 | Headline News

Get ready for more doom and gloom from the retail sector this month. We’re now 13 straight months into job losses, and it isn’t letting up any time soon.

Here is where we are so far this year:

Job Cuts as of January 17, 2009

source: CNN

To read a more detailed overview of these job cuts, check out Mish’s article Disaster in Jobs Accelerates in 2009.

The general consensus in the media and certain financial firms is that we have reached a bottom. If you hear someone say this, you might as well stop listening — turn off the TV, because everything else that comes out of their mouth will be BS.

We are going to see further deterioration in the job markets this year. My guess: 3,000,000+ more will be toast by the end of this year.

Inflation is Running at 40-Year Highs!

Negative interest rates are taxing savers, creating food shortages, and making life miserable in the United States!

There's little time left before the REAL DISASTER occurs!

Download the Ultimate Reset Guide Now!

    Related Articles



    Commenting Policy:

    Some comments on this web site are automatically moderated through our Spam protection systems. Please be patient if your comment isn’t immediately available. We’re not trying to censor you, the system just wants to make sure you’re not a robot posting random spam.

    This website thrives because of its community. While we support lively debates and understand that people get excited, frustrated or angry at times, we ask that the conversation remain civil. Racism, to include any religious affiliation, will not be tolerated on this site, including the disparagement of people in the comments section.