Recession Pressures Continue to Mount
Saturday, April 5th, 2008Over the past 3 months, over 200,000 jobs have been lost including a higher than expected 80,000 in March. A sign that the economy has started heading in reverse. The economy and recession fears are pushing companies to get prepaired for the downturn in the economy. The biggest unanswerable question is, how bad will the recession be? With the crashing of the housing bubble, increase in job losses, and a 30% jump in bankruptcy filings in March, it’s looking like it could give a rough forward economic forcast.
