Are Fed Presidents Living In Fantasyland?
February 05, 2010
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Feb. 5 (Bloomberg) -- Federal Reserve Bank of St. Louis President James Bullard said the U.S. economic recovery “remains on track” and that he expects job growth in coming months.
“We will see job growth going forward because firms will be caught short of employees,” Bullard, 48, said in a panel discussion today in St. Louis. “That’s one of the things I’m looking forward to.”
.....“The recovery remains on track for the U.S.,” Bullard said at Washington University. While there may be some risks of “renewed financial turmoil,” the U.S. has “turned the corner” on a “deflationary scenario,” he said. ON TRACK???????????????????????????????????????????????????????
Average Duration of Unemployment Hits High of 30.2 Weeks or 211 Days
NC: Food Bank Demand Surges 71%
Report: Texas Food Bank Serves 48,000 a Week , 41% Children
In a leveraged consumer based economy, it is mathematically impossible to be recovering when the consumer is contracting.....
Consumer credit down in Nov. for record 11th month
Contracting leverage explains why the debt burdened Industrial Economy is shutting down in preparation for the Alstrynomic Digital Age.
Ski Market Closing 7 Location in Mass, Conn. and Rhode Island
One Pearl Paint stores in Lower Manhattan
Victoryland Entertainment Center Closed?
Lambro's Steakhouse
Kmart in Longmont Closing in May
Moennig & Son Violin Shop in Phili.
New System Bakery in Hampden Maryland
Viking Office Supply in Geneva
Gainesville branch of the State Bank and Trust Co
Ahtanum View Corrections Center near Yakima - 80 Job Lost
Wichita flooring wholesaler E.E. Vliet & Co. Inc.
BAE Systems Closing Grainger County Body Armor Facility - 173 Layoffs
Safeway in Cheyenne Wyoming
Home Furniture in East Caln Township Pa - Closed Last Week
Republic Airlines Shutting Down Lynx Aviation Around April 5 - 175 Layoffs
General Electric Fort Edward NY - Considering Temp Shutdowns which may mean Temp Layoffs
Quality Assured Services - 50 to 60 over next few months
CB&I Island Park Fabricating Facility - 250
Orange County Sheriff - 24
Schoeneman Beauty Supply in Pottsville - 57
Update: GMC Charlotte - 115
DAL Global Services - 385 at Philadelphia Int. Airport
The Alvord schools - 128 Job Cuts Possible for 2010-2011
Update: Wayne County Michigan - 700 Furloughs, but 200 Layoffs very Possible
Update: Los Angeles Mayor Says - 1,000 , but 360 can transferred
Stirling Group ( International ) - 36
Bay Shipbuilding Co - 116 Beginning in April
Wellpoint Ashwaubenon Office - 111
Beverly Hills Unified School District - 20 Job Cuts being Considered
University of Texas at Austin - Warns of More Layoffs
http://www.dailyjobcuts.com/
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