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Expert Analysis

Reconsidering Renewed Mass Layoffs

Law360, New York ( August 29, 2011, 3:05 PM EDT) -- The ongoing slump in global markets, combined with the recent U. S. credit downgrade by Standard & Poor's, has business leaders asking: Will this "recovery" last? The rebound in hiring expected six months ago has fallen short of expectations. The latest U. S. jobs report (117,000 jobs added in July) buoyed Wall Street a bit. In the first week of August, however, the S&P 500 experienced its worst weekly drop since November 2008. . . .

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