AOLBusiness: US Corporations cut 110,996 Jobs in June. More to Come.

[Tandalayo_Scheisskopf]

U.S. corporations announced plans in June to cut 110,996 jobs - the highest monthly total in 17 months - and July's toll could turn out to be steeper. Overall job cuts are on the rise in 2005, reaching 538,274 through June, according to Challenger's monthly job-cut analysis.

Suffering its third straight quarterly loss, Kodak upped its job-slashing target to 22,000 to 25,000 on Wednesday from an earlier range of 12,000 to 15,000. By mid-2007, its worldwide payroll should level out below 50,000, one-third what it was in 1988.

http://aolsvc.news.aol.com/business/article.adp?id=20050722144209990010

[dweller]

1. and jobless claims are .... ?

don't mind me, just finessing my rhetorical questioning skills.
dp

[blue neen]

2. Why does Alan Greenspan keep telling us that the economy

continues to grow? How can that be possible when so many Americans are losing their jobs? And there are no new jobs being created to replace the ones that are lost.

More lies from the Bush cabal.

[Voltaire99]

3. Not to fear: new Wal-Marts opening near you.

And war to soak up the surplus.

Meanwhile...quick, look over there! Paris Hilton's colonoscopy scan was leaked onto the Net--and you can see everything!

[Robert Oak]

4. oh sure outsourcing is good for America

NOT.

People keep mentioning Wal-mart jobs...how long before people are so broke even those cannot be had?

[ozymandius]

5. nutso scenario in the form of a rhetorical question

If they create a job in Indiana and then ship it to China, does that lower our trade deficit?

[radfringe]

6. the good news is.....

"some" people still have jobs

[mbperrin]

7. Woo-hoo! That * job machine is on the go!

Look at those jobs go!

Going....


Going......


You know the rest.........