Job loss news continues to be bad

Everywhere I turn at the moment there is more and more talk of job losses! it does not seem to matter what your industry is jobs are disappearing quicker that most news rooms can report on them. A quick round up:

The average job line might soon look like this.

Finding a job

Not only are jobs being lost but at the end of October it was estimated that $1 billion per day was being lost from our retirement savings.

But wait all is not doom and gloom, if you are a CEO your salary rose by 96% in the last six years vs the workers you are now sacking their pay packet only went up by an average of 32%. The average CEO now makes around $5 million per annum or $96,000 per week. In other positive news Indian outsourcer Tata is still hiring about 100 people a year.

How inspiring! Time for a coffee, or maybe a stiff drink!