Posts Tagged ‘economy’

We’re not looking for a few good chemists

Sunday, January 18th, 2009

Are you a chemistry major hoping for a good job in the next year or two?  Well, you might still have some time to change your major …

According to C&E News, the American chemical industry has shed some 15.000 jobs this past year.  That’s 1.7% – pretty comparable to the 1.9% drop we’ve seen in the whole country.  Unfortunately, these figures are also missing some recent big layoffs from several major chemical companies.


Circuit City circling the drain

Friday, January 16th, 2009

Like Patty just said to me, this is hard to believe.  A huge electronics chain closes down while personal electronics are so popular.  But Circuit City now appears to be gone.

Circuit City Stores Inc. says it has reached an agreement with liquidators to sell the merchandise in its 567 U.S. stores after failing to find a buyer or a refinancing deal.

I felt a great disturbance in the economy, as if thirty thousand workers cried out in terror and were suddenly silenced. I fear something terrible has happened.