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Posts Tagged ‘ Company Layoffs ’

Company Layoffs: More Companies Trim the Fat without Trimming the Workforce

Dec 26th, 2008 | By Jason Simpkins | Category: Financial News, Stock Market Investing

The U.S. unemployment rate, currently at a level of 6.5%, could rise to 8% next year. But it could also find a ceiling sooner than expected, as more companies implement unpaid vacations and four-day workweeks to preserve jobs.