World-News

More U.S. companies project they'll pare staff in the next six months as pessimism mounts the economy will contract this year, according to a survey by the National Association for Business Economics.

http://tinyurl.com/c8pl8e


From Information Clearing House

--------

Major US Companies to Slash 45,000 Jobs

Howard Schneider, The Washington Post: "American companies announced job cuts totaling 45,000 this morning, as the global downturn slammed the profits of exporters like Caterpillar and a domestic recession hit hard at retailer Home Depot."

http://www.truthout.org/012609LA



The Ailing Economy Is Making People Sicker

Stephen Smith, The Boston Globe: "At Massachusetts General Hospital, patients whose blood pressure was in check just weeks ago now find it rocketing out of control. They blame the economy. At Boston Medical Center, obese patients who had been shedding weight are packing on pounds again as they resort to cheaper, high-calorie food and abandon gym memberships. They blame the economy."

http://www.truthout.org/012609HA



http://freepage.twoday.net/search?q=slash+jobs
http://freepage.twoday.net/search?q=job+cuts
http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=retailer
http://freepage.twoday.net/search?q=Howard+Schneider