Refile News Compares 1929 Depression to Today
In his article “Main Causes of the Great Depression” Paul Alexander Gusmorino said, in part, the following:
In his article “Main Causes of the Great Depression” Paul Alexander Gusmorino said, in part, the following:
Refile News recently interviewed economists and financial analysts in a effort to determine the jobs and unemployment outlook for 2010. Expect few big changes in 2010 as the overall economy improves. Improvements will not necessarily add jobs, but fewer mass layoffs will take place.
This is the layoff and unemployment news report for mid-January through mid-February. We receive input from over 100 sources and call it like we see it. Don’t be confused by conflicting news reports and government statistics. This is what is really happening in America, at the worker’s level.
This is the Refile News job loss and layoff roundup for mid-January 2010. This report was written on January 18th, and compiled from over 100 sources. This report does not include city, county, and state government layoffs unless there was a significant event.
As December 2009 comes to a close we saw no mass layoffs of 50 or more from the same location. For three days our research input reflected only city, county, and state layoffs only. Refile News saw this as a positive sign that layoffs were slowing down but the economy [...]