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Pink Slip? Now, It's All in a Day's Work. / Louis Uchitelle.

by Uchitelle, Louis; SIRS Publishing, Inc.
Material type: materialTypeLabelBookSeries: SIRS Enduring Issues 2002Article 52Business. Publisher: New York Times, 2001ISSN: 1522-3191;.Subject(s): Contract labor | Downsizing of organizations | Employment forecasting | Labor market | Layoffs | Outplacement services | Severance pay | Temporary employees | United States -- Economic conditionsDDC classification: 050 Summary: "For the first time since the mid-1990's, American companies are cutting loose many of their employees--announcing in the first half of this year alone plans to eliminate some 777,362 jobs, compared with 613,960 in all of last year. But the usual protests and anger are largely missing. In the first years of the 21st century, layoffs have a new character. While it used to be traumatic to be laid off even once, some employees can now expect to get a pink slip twice or even three times before they reach 50." (NEW YORK TIMES) The subject of this article highlights the downturn in the U.S. labor market as it exists in the year 2001.
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Articles Contained in SIRS Enduring Issues 2002.

Originally Published: Pink Slip? Now, It's All in a Day's Work, Aug. 5, 2001; pp. 1+.

"For the first time since the mid-1990's, American companies are cutting loose many of their employees--announcing in the first half of this year alone plans to eliminate some 777,362 jobs, compared with 613,960 in all of last year. But the usual protests and anger are largely missing. In the first years of the 21st century, layoffs have a new character. While it used to be traumatic to be laid off even once, some employees can now expect to get a pink slip twice or even three times before they reach 50." (NEW YORK TIMES) The subject of this article highlights the downturn in the U.S. labor market as it exists in the year 2001.

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