US firms announce 104,530 job cuts in November

For the third month in a row job cuts exceeded 100,000. For a "strong economy" we sure do bleed a lot of jobs.

Labor let-down

I think it is interesting that many companies suggested the cuts were predicated on rising health-care costs and rising energy costs. Maybe we'd create jobs if we had universal healthcare? Maybe we'd create jobs if we worked on energy independence via stable renewable energy sources?

This can't bode well for the holiday shopping season.