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Labor & Employment Law
: Ross' Employment Law BlogJob losses continue with no end in sight
This is a recession, folks.
During 2008, 2,600,000 jobs were lost.
December's unemployment rate hit 7.2 percent.
In just the past few days, these job losses have been announced:
- Microsoft: 5,000
- Intel: 6,000
- Pfizer: 8,000
- Sprint Nextel: 8,000
- Home Depot: 7,000
- General Motors: 2,000
- Caterpillar: 5,000
And there are more I haven't listed, and more to come.
Full post as published by Ross' Employment Law Blog on January 26, 2009 (boomark / email).
Bush Administration
class action settlement ensures Medicaid beneficiaries can continue to purchase prescription drugs at minimum cost when they become eligible for Medicare.
Stock Market Losses
alleging bad financial advice and conflicts of interest.
Mutual Fund Losses
alleging financial advisors breached fiduciary duties by not looking out for investors best interests.
Bayer CropScience AG
alleging farmers suffered economic losses after Bayer's biotech Liberty Link rice was released into the food supply and countries banned US rice.
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