|
Last month 80,000 more jobs were lost bringing our unemployment rate to 5.1% A clear signal our economy may already be shrinking. We are being affected in 3 ways housing, credit, and financial sectors. No job is safe. These cut backs are affecting all of the job markets including but not limited to... Healthcare, goverment, retail, and construction. These job cuts are much higher then the expected 50,000. March was the 3rd straight month of lay-offs with 76,000 in Jan. and Feb. Our financial system is in turmoil, it is a vicious circle and many believe a ression has already begun. |