Quarter Three Blog #7 - Change

The article I read was about job layoffs, and the changes and effects of that. With the economy only getting worse, there have been many job layoffs throughout the U.S. Many of which include big corporations such as Coca-Cola, General Electric, Yahoo, and many more. I myself have felt the effects of the economy as well. I am a nanny, and work Monday-Friday part-time, as well as full-time in the summer. But in September the mom of the family I word for lost her job, so I intern lost my job because of it. Now I know that I'm just a kid, so it really didn't have the same effect on me as it would have if I were an adult. But a few days ago I learned that she landed a new job, which means that I got my job back as well. It took her almost 6 months to find a job, and I can't imagine what it would be like. Most economists are saying that the economy will get worse before it gets better. I'm not sure if there is much we can do other than stay positive and look at the bright side. But clearly the economy is effecting everyone.

Uchitelle, Louis. "Spending Stalls and Businesses Slash U.S. Jobs." New York Times Company. 25 Oct 2008. 22 Feb 2009 <http://www.nytimes.com/2008/10/26/business/26layoffs.html>.