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Economic forecasters see gloomy outlook as tens of thousands more layoffs are announced

Published 01/26/2009, Associated Press

A new survey by the National Association for Business Economics depicts the worst business conditions in the U.S. since the report's inception in 1982. Thirty-nine percent of NABE's forecasters predicted job reductions through attrition or "significant" layoffs over the next six months, up from 32 percent in the previous survey in October.

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