Monday, December 8, 2008

43 Days to the Obama Inauguration

The U.S. "Officially" in a Recession

Unemployment at 6.7%

More than 500,000 jobs lost in November

Almost 2 million jobs lost in 2008

Auto Manufacturers want $34 billion 'bridge loan'

AT&T Inc., DuPont, JPMorgan Chase & Co., jet engine maker Pratt & Whitney, and mining company Freeport-McMoRan Copper & Gold Inc. all announce layoffs.

Consumers battered by the job losses, shrinking nest eggs and tanking home values retrench, throwing the economy into a tailspin.

Days to Obama Inauguration: 43

No comments: