Monday, March 8, 2010

Money in the bank

2% insurance industry unemployment as of the end of December ‘09, and except for claims adjusters and TPA’s the rest of the industry’s average earnings were up year over year 2008.

Read an article about corporate downsizing recently and the negative effects it brings:

· Less national spending, as those who are still working cut back on their spending also;

· Companies who cut staff diminished their innovation & productivity, lose more ground and have to do more layoffs;

· Most studies indicate that layoffs have had a negative effect on stock-market return for those companies.

Harvey Dorland

Pacific Recruiting

936-597-6500 - direct

hdorland@ez2.net

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