<?xml version='1.0' encoding='UTF-8'?><?xml-stylesheet href="http://www.blogger.com/styles/atom.css" type="text/css"?><entry xmlns='http://www.w3.org/2005/Atom' xmlns:georss='http://www.georss.org/georss'><id>tag:blogger.com,1999:blog-91921071230884272.post-1382915150603920417</id><published>2008-12-07T21:39:00.000-08:00</published><updated>2008-12-07T22:18:41.367-08:00</updated><category scheme='http://www.blogger.com/atom/ns#' term='US job rate'/><category scheme='http://www.blogger.com/atom/ns#' term='unemplyment rate'/><category scheme='http://www.blogger.com/atom/ns#' term='Wall Street'/><category scheme='http://www.blogger.com/atom/ns#' term='US stocks'/><category scheme='http://www.blogger.com/atom/ns#' term='US layoffs'/><title type='text'>Layoffs expected to slam Wall Street</title><content type='html'>&lt;a onblur="try {parent.deselectBloggerImageGracefully();} catch(e) {}" href="http://2.bp.blogspot.com/_YqYaSbT8xWI/STy746McyCI/AAAAAAAACI0/uSqv5jmuWBU/s1600-h/us+jobless.jpg"&gt;&lt;img style="margin: 0pt 0pt 10px 10px; float: right; cursor: pointer; width: 320px; height: 236px;" src="http://2.bp.blogspot.com/_YqYaSbT8xWI/STy746McyCI/AAAAAAAACI0/uSqv5jmuWBU/s320/us+jobless.jpg" alt="" id="BLOGGER_PHOTO_ID_5277299449739921442" border="0" /&gt;&lt;/a&gt;&lt;br /&gt;The&lt;a href="http://http//online.barrons.com/article/SB122852239295784329.html?mod=googlenews_barrons"&gt; Wall Street&lt;/a&gt; itself is expecting the recent&lt;a href="http://http//www.forbes.com/topstories/2008/12/05/government-unemployment-update-markets-econ-cx_md_1205markets12.html"&gt; slashing off of thousands of jobs&lt;/a&gt; to slam the stock market, particularly in US.&lt;br /&gt;&lt;br /&gt;&lt;br /&gt;Those layoffs will drain New York and other cities of vital tax dollars while swelling the fast-growing ranks of the nation's unemployed. U.S. employers cut 533,000 jobs in November — the most in 34 years — including 32,000 in the financial-services sector, the government said Friday.&lt;br /&gt;&lt;a href="http://http//www.cnbc.com/id/28099428"&gt;&lt;br /&gt;more...&lt;/a&gt;&lt;div class="blogger-post-footer"&gt;&lt;img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/91921071230884272-1382915150603920417?l=www.marketsnmoney.com' alt='' /&gt;&lt;/div&gt;</content><link rel='replies' type='application/atom+xml' href='http://www.marketsnmoney.com/feeds/1382915150603920417/comments/default' title='Post Comments'/><link rel='replies' type='text/html' href='https://www.blogger.com/comment.g?blogID=91921071230884272&amp;postID=1382915150603920417' title='0 Comments'/><link rel='edit' type='application/atom+xml' href='http://www.blogger.com/feeds/91921071230884272/posts/default/1382915150603920417'/><link rel='self' type='application/atom+xml' href='http://www.blogger.com/feeds/91921071230884272/posts/default/1382915150603920417'/><link rel='alternate' type='text/html' href='http://www.marketsnmoney.com/2008/12/layoffs-expected-to-slam-wall-street.html' title='Layoffs expected to slam Wall Street'/><author><name>Trader</name><uri>http://www.blogger.com/profile/13309761269649139032</uri><email>noreply@blogger.com</email><gd:extendedProperty xmlns:gd='http://schemas.google.com/g/2005' name='OpenSocialUserId' value='06363951870851608878'/></author><media:thumbnail xmlns:media='http://search.yahoo.com/mrss/' url='http://2.bp.blogspot.com/_YqYaSbT8xWI/STy746McyCI/AAAAAAAACI0/uSqv5jmuWBU/s72-c/us+jobless.jpg' height='72' width='72'/><thr:total xmlns:thr='http://purl.org/syndication/thread/1.0'>0</thr:total></entry>