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According to recent surveys of manufacturers, CFOs are saying no to raises this year, and yes to more job cuts. Official unemployment numbers are closing in on 10% in the U.S. (and as bad and worse elsewhere) and monthly job loss data shows the losses slowing, but at their worst levels in 25 years (if you ignore the last 18 months, each of which has been worse than any month in the past 25 years). So, are you willing to take a cut in pay, or go without a raise to help your company not cut jobs?
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Re: Show Me the Money!
