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MensagemEnviado: 3/8/2005 15:13
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10:00am 08/03/05 U.S. LAYOFF PLANS UP 18% YEAR-TO-DATE: CHALLENGER
10:00am 08/03/05 U.S. JULY LAYOFFS UP 48% FROM JULY 2004
10:00am 08/03/05 U.S. JULY LAYOFF PLANS DOWN 7% TO 102,971: CHALLENGER

10:04am 08/03/05 U.S. JULY ISM SERVICES NEW ORDERS 61.9% VS 59.5% JUNE
10:00am 08/03/05 U.S. JULY ISM SERVICES BELOW CONSENSUS 61.4%
10:00am 08/03/05 U.S. JULY ISM SERVICES 60.5% VS 62.2% IN JUNE


ECONOMIC REPORT: July job cuts down 7% to 102,971
By Rex Nutting, MarketWatch
Last Update: 10:14 AM ET Aug. 3, 2005

WASHINGTON (MarketWatch) -- U.S. corporations announced 102,971 job reductions in July, down 7% from June's total, according to the monthly tally by Challenger Gray & Christmas released Wednesday.

Nevertheless, layoff plans are up by 18% in the year to date to 641,245, Challenger said. At the current rate, job reductions will exceed 1 million for a fifth straight year, the outplacement firm said.

Last month's layoffs were up 48% from July 2004.

Over the past three months, announcements of job cuts have totaled 296,250, "unusually high for warm weather months," said John Challenger, CEO of the firm. It's been a spring and summer of "job-cut hell," Challenger said.

The figures are not seasonally adjusted.

Consumer products, computer and financial industries were responsible for about half of July's announced cutbacks.

"One would expect employers in the consumer products, financial and computer sectors to be adding workers by the boatload in an expanding economy," Challenger said.

The Challenger report doesn't track most of the jobs lost in the economy each month. Announced cuts can take place immediately or over the course of several months, and they can be accomplished through layoffs or through voluntary terminations, such as quitting or retiring.

According to Labor Department data, for instance, there were 4.6 million separations from jobs in April, including 1.6 million layoffs, up about 250,000 from a year earlier. At the same time, 4.5 million workers were hired, flat with a year earlier.




ECONOMIC REPORT: U.S. services expanding at slower rate; Price index jumps to highest level this year
By Greg Robb, MarketWatch
Last Update: 10:18 AM ET Aug. 3, 2005

WASHINGTON (MarketWatch) - The nonmanufacturing side of the U.S. economy expanded at a slightly slower pace in July, according to the Institute for Supply Management.

The ISM nonmanufacturing index slipped to 60.5% from 62.2% in June.

The drop was more than expected. Economists expected the index to slip to 61.4%, according to a survey conducted by MarketWatch.

Readings over 50% in the diffusion index indicate expansion in the nonmanufacturing sectors of the economy, including services, agriculture, mining and construction.

The index has been above 50% for 28 months.

In July, new orders rose to 61.9% from 59.5%.

Backlogs of orders and inventories both increased, a positive for future production.

The employment index fell to 56.2% from 57.4%.

The prices paid index jumped to 70.3% from 59.8%. It is the highest level since December. Ralph Kaufman, chairman of the ISM's nonmanufacturing survey committee, said members blamed the jump in prices on higher oil prices.