biz news

recession in the states leads to a staggering number of 2.6 million of job losses.

the percentage could very much reach a percentage of 10. surpassing a normal rate of unemployment.

counting the december of last year alone, half a million of jobs have been taken away from the citizens of the states.

impacting white collar and blue collar workers. degree holders and non graduates may have difficulties in acquiring a new job.

about 500 companies have to close its business with depressing results of its 4th quarters.

walmart facing low sales in the holiday season and were said to be shocked.

prediction of more job losses of 1.5 to 2 million in the year 2009.