Still thinking of moving to the US? Read the news lately?

Moderator: Reba

Still thinking of moving to the US? Read the news lately?

Postby Reba » Sat Mar 08, 2008 7:22 am

Employers slash jobs by most in 5 years
February jobs data seen making recession more likely

WASHINGTON - Dangerous cracks in the nation’s job market are deepening. Employers slashed jobs by the largest amount in five years and hundreds of thousands of people dropped out of the labor force — ominous signs that the country is falling toward a recession or has already toppled into one.

For the second straight month, nervous employers got rid of jobs nationwide. In February, they sliced payrolls by 63,000, even deeper than the 22,000 cut in January, the Labor Department reported Friday.

The grim snapshot of the country’s employment climate underscored the heavy toll the housing and credit debacles are taking on companies, jobseekers and the economy as a whole.

“It sounds like the recession bell is ringing for the U.S. economy, although it is still faint,â€
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Postby Steven » Tue Mar 11, 2008 10:16 am

I met a guy from Kansas at the weekend who works in construction in Calgary. Anyway, there is some sort of limit on his work permit and he's not sure his employer can renew it or get him permanent residency. So he might have to move back to the US.

So basically, Alberta is in the middle of the worst labour shortage it has ever had, and the US construction industry is in the middle of a total meltdown and we're sending people back.

:?:
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Postby Reba » Wed Mar 12, 2008 3:26 am

Industry of just about any sort is basically in a meltdown down here. And its not going to get better any time soon.
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