PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 7th Jan 2009, 21:50
  #1625 (permalink)  
Wee Weasley Welshman
 
Join Date: Feb 2000
Location: England
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From Times Online

January 7, 2009

US jobless to hit highest level in 60 years

Christine Seib, New York



America's private employers cut more than half a million workers in December alone, raising fears that Government figures out on Friday will show the most savage job cuts in almost 60 years.


This is the end of a super cycle. This is not a mid-cycle downturn. This is not a regular recession. This is a Depression event which the authorities are throwing the kitchen sink against. It may or may not work. I think not.

After that my job is gone along with thousands of others. A good pilot is compelled to evaluate the situation based on what he has learned. That's a direct, and cheezy, quote from TopGun but it is true.


Give me a call, I'll fly with you,

WWW


ps in a 152 probably..
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