US firms cut more than 157,000 jobs
November 7th, 2008
According to the payroll data showed on Nov 5, US companies cut about 157,000 jobs last month, which were more than forecast.
ADP Employer Services said that the drop followed a revised 26,000 decrease in September that was larger than previously estimated.
Risks have started from automakers, financial and housing-related companies to retailers and other services as the Read more…
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