Recession Looms Despite Global Interventions
Government steps to shore up the banking system and unfreeze credit markets showed some signs of progress on Thursday, but grim news from major economies reinforced fears of recession and hammered global markets.
U.S. stocks bucked the global trend to end higher, clawing back some of Wednesday’s steep losses despite news of layoffs in the auto-industry, a slowdown in industrial production and more warnings about the state of the economy.
October 17 2008 07:50 pm | Environment and External Blogs and Green
One Response to “Recession Looms Despite Global Interventions”
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Simon on 17 Oct 2008 at 9:25 pm #
Most people that were laid off remain hopeful. There are many good jobs posted on employment sites - links from techcrunch:
http://www.linkedin.com (networking)
http://www.indeed.com (aggregated listings)
http://www.realmatch.com (matches you to jobs)
Good luck!