Are We Ready to Recover from Recession Yet?

Friday’s employment report shows some striking realities. In June the state rate fell to 11 percent but remained high throughout the nation. A hopeful signal is seen when some industies and markets have announced to add staff in the region of NC in specific, including Time Warner Cable, Walmart etc. The condition of the nation’s housing market is a huge question mark as economists and Wall Street consider whether the recession will extend or recovery will really take place. Are we ready to recover yet?

Google to Lay Off 200 more

Google Inc. the search engine giant has announced a few hours ago that it is cutting down its sales and marketing team by approximately 200 employees. Google has said that they over invested in some areas in preparation for some growth trends they were expecting and hired too many people into overlapping jobs.