Posted by & filed under Part 1 Business in a Global Environment.

Description:  Employers once again slashed a substantial number of jobs off their payrolls in December, according to a disappointing report from the government Friday. But there was a small glimmer of hope as well.

Source: CNNMoney.com

Date: 01/08/2010

Link: http://money.cnn.com/2010/01/08/news/economy/jobs_december/index.htm

Questions for discussion:

  • Why is the loss of so many jobs so significant?
  • What does this say about the businesses letting these workers go?
  • How does net job creation or loss affect how well the economy will perform? Explain your answer.

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