Fun with Financial Doomsday: Vault's Layoff Tracker



Just in case you haven't yet seen, I wanted to share an interesting little piece from job site Vault.com - while you're there, don't hesitate to take a look around at their useful and snarktactular commentary and features (like the pink slipped blog).

Vault also maintains a damn fabulous layoff tracker (go on, take a peek) and while the information is comprehensive, that also means it's frightening as all hell.

From the site:

In January 2009, the U.S. unemployment rate hit 7.6 percent (up 0.9 percent since November) and continues to climb steadily due to massive layoffs across a swath of industries. Financial services, retail and manufacturing remain the hardest-hit, although the scourge has more recently spread through tech employers and pharmaceutical companies, and some analysts predict that the rate may hit 9 percent before hiring picks up again. In all, the recessional economy has lost 3.6 million jobs; November, December and January contributed half the total. Here's an at-a-glance chart of some of the most notable staff cuts in recent weeks.


Go look.

I had absolutely no idea law was taking such a hit. Guess I need to get out more.

2 comments:

Anonymous said...

so, who are you dating at Vault?

Junior said...

hahaha nobody. I just like the layoff tracker. But if anyone at Vault is looking to date an accounting enthusiast, they are more than welcome to give me a holler. ;)