http://www.foxnews.com/politics/2011/07 … r-surplus/
Jeeze! Are these people whose contracts are up or can the military not only keep you past your time but also give you the boot before it? This'll sure look good in the jobs reports, especially the Army lay-offs in October.With more sailors staying in the military amid a slumping economic recovery, the U.S. Navy is taking the unprecedented step of firing low-ranking petty officers to help rein in spending.
The Navy plans to let go of 3,000 young sailors after economic uncertainty put the service in the unusual position of having a manpower surplus.
The move comes as a new government report shows that the unemployment rate ticked up to 9.2 percent -- marking 29 straight months that number has been over 8 percent and a record streak since the Great Depression.
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In October, the Army will begin cutting its ranks by 22,000 -- and that means even more job seekers in a market with fewer and fewer good jobs.