Election Over - Here's the DEMAND
Jeffrey C. Borneman | November 6, 2014
Challenger, Gray & Christmas - the group which monitors company layoff's of 100 or more employees has reported a near 70% increase for October.
"Employers planned to cut 51,183 jobs in October, up significantly from 30,477 the previous month and the second highest reading this year," says John Challenger and reported by CNBC this morning. This is another example of "DEMAND is dead in the water" which Alan Greenspan cited last week and which received literally zero press coverage.
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