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Wednesday, February 15th, 2012

Posts Tagged ‘ Merck ’

U.S. Jobless Rate Skyrockets

Oct 23rd, 2008 | By Contrarian Profits | Category: Financial News

“Employers are moving to aggressively cut jobs and reduce costs in the face of the nation’s economic crisis, preparing for what many fear will be a long and painful recession,” says The Washington Post.

The labor market has been weak all year, with a slow drip of workers losing their jobs each month. But the deterioration of the job market is now emerging as a driver of economic distress, according to a wide range of data and anecdotal reports from corporate America.

In September, there were more mass layoffs — instances in which employers slashed 50 or more jobs at one time — than in any month since September 2001, the Labor Department said yesterday. And nearly half a million Americans have…



Feeling Better?

May 6th, 2008 | By Tom Bulford | Category: International Investing

A couple of weeks ago there was, you may recall, a story on the front page of the Daily Mail concerning vitamin A and vitamin E. The headline was ‘Can Vitamins Do You Harm?’ and it claimed that ‘ a group of international scientists found no evidence that vitamin pills can extend life or improve people’s health.