Commodity Trade Mantra

Posts Tagged ‘Job Cuts’

Job Cuts Surge As Outlook On Oil Prices Remains Sober

It may be too early to determine whether oil prices, which began falling a year ago, were now forcing the energy industry to go beyond cutting fat & is now gouging into the very sinew of its operations, but it’s clear that they’re convinced that other economies simply weren’t enough to keep themselves afloat. The job losses probably should come as no surprise.

Has The Next Recession Already Begun For America’s Middle Class?

In most of the cities in the nation except in a very few, evidence continues to mount that the next recession has already begun for the poor and the middle class. Unless the employment situation in the U.S. starts to turn around, there does not seem to be much hope that the middle class will recover any time soon.

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