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Pink slips
Corporate layoffs have been fast and furious, more than a million so far this year. Last month alone the rate of job cuts at U.S. firms was the highest in nearly a decade. Macroeconomic Advisers’ Joel Prakken, quoted in this piece from Bloomberg says, “We’re teetering over the edge of a hill…”
- December 3, 2008 — Doug Krizner
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