Thursday, August 14, 2014


CNN Money | Cisco is laying off up to 8% of its employees
The IT firm -- which makes Internet switches, routers and other networking devices -- announced Wednesday it plans to lay off up to 6,000 employees in the coming months, or about 8% of its global workforce.
Bloomberg | Jobless Claims in U.S. Rise to Highest Level in Six Weeks
Applications (INJCJC) for unemployment benefits in the U.S. rose more than forecast last week, interrupting a steady decline to pre-recession lows.

Econ Comments & Analysis                                                                                            
The Fiscal Times | From Bellhops to Burger Flippers, Robots Look to Steal Even More Jobs
Hotel rooms for the introverts among us are an anti-social haven. Nothing beats a hot shower, followed by settling into a freshly made bed in a terrycloth robe to watch mediocre television with a glass of wine.