Financial Crisis and Employment
Have you wondered how the current financial crisis will affect the job market in the US? I imagine that plenty of people on Wall Street will be losing their jobs soon. But will the jobs melt in other places besides lower Manhatten.
More than 600,000 jobs have been lost so far in 2008. That’s so far, because of course, we still have 3 months to go. The government also reported that 9.4 million Americans are looking for work.
Both job hunters and employment agencies are reporting a much more competitive job market these days. Of course this all comes as food and fuel prices seem to be rising daily.
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US Jobless Rate Predicted at 7.5% - Hello, Recession!Largest US Job Cut in 5 Years Fuels WorriesSurviving A Recession This entry was posted on Thursday, September 25th, 2008 at 10:39 pm and is filed under Unemployment. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.- Insurance Cost Too Much?
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