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Will there be more layoffs in second half of 2013?

June 7th, 2013 · No Comments

I only have qualitative information but I predict unemployment rate will go up as there will be more layoffs in second half of 2013.

The Obama Care changes will take effect in January 2014. I’m not against health care reform. But I think companies will start to cut staff to help offset the increasing health care costs as result of Obama Care.

This past week I have heard about multiple layoffs. Also, some blue chip companies are trying to get ahead of this and are starting to plan layoffs.

The second half of 2013 could be quite ugly.

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