High Growth Stocks 2009
U.S. Economy Unemployment DJIA securities firms to business?
Virtually all sectors of the U.S. economy Housing retail banks to small businesses are laying off workers in 2009. For example, the video game company Electronic Arts intends to lay off 10% of its workforce in the next season. How does this affect the unemployment rate in the U.S.? Currently, the unemployment rate is highest in 16 years (About 8-9%). With the loss of jobs on the line, can the U.S. economy in the recession may further? If this is the case, are not predictions of a recession of two years is wrong, and we will see negative growth for much longer?
Reducing the size of the economy track. Microsoft has announced it is cutting 5,000 employees last week. When the recipients the emergence of information technology to adjust their cost basis conditions in the real economic world, the underlying economy will begin to return to growth. The local, state and federal employees in the midst of adding a slowdown from the recession. Two years of negative growth seems reasonable floor. When a decision is made honestly in the Detroit automotive and the UAW, will done a bit of color on the duration of the recession. Frankly, I was surprised that the general pubic against another bailout of Detroit and the media have reported of public discontent with the bailout of the car. This industry must be rationalized before the release of the recession begins.
2009 10 22 BigBizShow