(1888PressRelease)
January 25, 2008 - • CALABASAS, CA - In the first minutes of trading Wednesday, the Dow Jones industrial average fell 261.10, or 2.18 percent, to 11,710.09. The World Markets are showing signs of a global recession. The global market meltdown and a decelerating economy are proof that Americans need to look to themselves to stablize their income. With bad news coming out of Wall Street almost daily and the U.S. economy teetering toward a recession, should Americans also be worried about losing their jobs? Each month throughout 2007, employers across the country added an average of 111,000 jobs. But in December that growth stopped abruptly, with the nation's businesses adding just 18,000 new jobs. For all of 2007, the economy added 1.3 million new jobs -- a million fewer than were added in 2006 -- a marked slowdown.
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