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Fewer firms reporting layoffs in Midwest survey

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Fewer firms reporting layoffs in Midwest survey

Post by MoInSTL on Tue Mar 01, 2011 12:59 pm

http://www.chicagotribune.com/news/local/chi-ap-ne-midwesteconomy,0,5896319.story

"Fewer layoffs and continued optimism mark a February regional economic survey for nine Midwest and Plains states, according to a report released Tuesday.

The Business Conditions Index for the Mid-America region rose to 63.2 last month from 58.9 in January, the report said. It was the 15th straight month that the index had come in above growth neutral".

Not the same thing as more hiring, but it's good there are fewer layoffs.

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Re: Fewer firms reporting layoffs in Midwest survey

Post by TR11005 on Tue Mar 01, 2011 1:09 pm

Another name for JOBLESS Recovery.

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Re: Fewer firms reporting layoffs in Midwest survey

Post by Guest on Tue Mar 01, 2011 1:22 pm

Can't lay employees off then they are already doing the work of 3 people at minimum wages!

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Re: Fewer firms reporting layoffs in Midwest survey

Post by Guest on Tue Mar 01, 2011 1:29 pm

DesperateInRI wrote:Can't lay employees off then they are already doing the work of 3 people at minimum wages!

I was thinking something along the same lines. I was also thinking about the number of part time workers that are charged with doing the same amount of work that used to be done by a full time employee.

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Re: Fewer firms reporting layoffs in Midwest survey

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