Challenger Sees Credit Woes Stalling Small Business Jobs

John Challenger, chief executive officer of Challenger, Gray & Christmas Inc., talks with Bloomberg's Carol Massar about the placement company's September report on U.S. job-cut announcements and outlook for the U.S. economy. Job cuts climbed 33 percent in September from a year earlier, led by reductions at computer- and automakers. Firing announcements rose to 95,094 last month from 71,739 in September 2007. (Source: Bloomberg)

Bloomberg | October 1, 2008

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