The Booming Economy

Home Depot to slash 7,000 jobs.
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Nevada's unemployment rate is now at a 25-year high.
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GM--2,000 jobs cut.
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Why is it a Republican has to be the one to question H1Bs in layoffs:

These work visa programs were never intended to allow a company to retain foreign guest workers rather than similarly qualified American workers, when that company cuts jobs during an economic downturn," Grassley wrote in a letter sent Thursday to Microsoft CEO Steve Ballmer. The letter asked Microsoft to detail the types of jobs that will be eliminated and how those cuts will affect the company's H-1B workers.

"It is imperative that in implementing its layoff plan, Microsoft ensures that American workers have priority in keeping their jobs over foreign workers on visa programs," Grassley added.

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Sprint--8,000 jobs to be cut.
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Pfizer--8,000 jobs cut.
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Caterpillar--20,000 jobs cut.
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ING--7,000 jobs to be cut
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More than 71,400 job cuts have been announced today alone.
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There May Be a New President,

but the layoffs continue:

Microsoft--5,000 jobs

More:

Interstate Hotels & Resorts -45

Stealth Layoffs at IBM

Huntsman -1,175

Jobless Claims Rise 589,000

Truseal -25

Hawker Beechcraft 2nd Round

Williams Sonoma -1,400

Philippines Fear 60,000 Job Losses

FLSmitdth Group -600

Jeld-Wen in Bend Oregon -51

Layoff Report in Audio

Solar Companies Laying Off

Davidson County Sheriff's Office -36

Nichols Aluminum -55

Costco Store in Billings, MT -22

Dow Seadrift -50

CSX Corp. -1,600

Bluegreen Timeshare

Burnt Hills-Ballston Lake Schools -40

Hitchcock Schools -20

Sterling Jewelers Inc. -114

City of Vacaville -5

City of Indian Wells -16

Retail Shutdown and Layoff List

ABX Air 30 More

The Layoff Daily is a must-read for those interested in the continuing massacre of the nation's workforce.

By the way, home construction is at its lowest since the 1950s.