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Topic : Corporate Layoffs
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HR Professionals

 
Created by : Gargi Sinha, Senior Consultant, Hewitt Associates  | 01 29 2009 14:31:46 +0000
Industry : Human Resources (HR) ConsultingFunctional Area : India(Markets)
Keywords : jobless rate
Activity:  319 views;  last activity : 07 06 2010 20:18:09 +0000

Are we heading towards a double digit jobless rate in 2009?

 
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Yes Vs No
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Support   Support
Top Argument
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I think answer to this question would be a clear cut yes. By looking at the last years data it is very much clear that with the inflation rising cutting down of jobs will be more and that would lead to double digit jobless rate.


By Gargi Sinha, Senior Consultant, Hewitt Associates  03 02 2009 18:02:30 +0000
 
Top Argument
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If unemployment is upto 10% then GDP will fall to 6%. And till now it has not fallen to that extent. On the contrary they are showing an increase in economic growth.


By Jyotsna Panwar, Trading Advisor, ICICI Securities  01 29 2009 14:35:57 +0000
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headed yes, but set in stone, NO. No matter what anyone says, its the people of the world who will save us, not some free handout or any government just creating more money and more debt. Sad to see 3.5 million americans out of jobs in the last 90 days and growing......


By Ted Green, President, Bikini Computers  | 02 22 2009 15:56:06 +0000
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I am not agree with these point...I heard from my seniors that Everythin that goes up will defintly comes down and vice versa(Rule of Life). I understand that previous was quite for us to survive and this year's start is also untolrateable. But My frens be hopeful n stay positive..Good days are not so far...Govt. has already take certain action towards this through all measures whether its liquidation to economy or decreasin the prices of daily needs. I am sure that we will be end up this year with more happiness than previous year. Thnx


By !manpreet $ingh, Management Trainee, PageTraffic  | 01 29 2009 14:44:42 +0000
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