Recession fear batters Wall Street PDF Print E-mail
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Tuesday, 11 November 2008

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Stocks slumped Monday, as ongoing recession fears overshadowed any relief about China's $586 billion stimulus plan and the government's revamping of its deal with AIG.

Layoffs hit every corner
The first week of November has been brutal for the job market, with nearly 15,000 announced job cuts from a slew of companies across multiple industries.

Help wanted: Skilled auto workers
As a contracting economy and slowing sales bring the U.S. auto industry to its knees, hundreds of thousands of auto workers find themselves either out of a job, or at risk of losing one.

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Last Updated ( Tuesday, 11 November 2008 )
 
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