decreasing jobs

Cory Mattson
March 6, 2009

Everyone knows that our economy in America is going downhill and at a very fast rate. Just in the month of February 651,000 more jobs have disappeared. The Unemployment rate went from 7.6 to 8.1 from January to February. Many companies are even abandoning the areas of business because of the layoffs accelerating so quickly. With the companies suffering so bad and laying off so many people they are needed to find some way to save money but still survive somehow. And the help they are getting is not in the United States, they are starting to look outside of America for the employment so it is cheaper which does not help the layoffs of our economy in any way. They say that this is the worst decline in percentages in terms over that length of time since 1975.
Our economy is starting to fall so quickly we do not even know what to do with our self’s. Companies are not wanting to turn in their towels so they are going to outsource to other countries for employment to keep their costs down. This is going to start even more with the big companies who need to keep in business going still while cutting their costs down. If something doesn’t happen to the economy in a positive way within the next few months you will start to hear more of the companies outsourcing to other countries for employers because they will work for cheaper amounts of money.