US sees job cuts as economy cools
The title of my article is Us sees job cuts as econmy cools. According to the article, since August 2003, US economy entered a recession. And now, employment is cut a lot. This year on January, emplyers cut 17,000 jobs and besides, economist expects the number of unemployee to go to a rise of 80,000. Therefore, US congress and the Bush Administration have agreed an "economic stimulus package" which would add $150 billion in tax rebates to grow economy. HOwevere, the plan is not passed yet because Senate does not approve. Now US faces a economy crisis. In future, US economy would be more worse than now and affect labour market.
Now, this problem is very serious in US. US trys to solve it, but I think the ways are not good. Because twice in nine days cutting US interest rates disturbs the economy. "economy stimulou package" also confuses economy. Cutting jobs affect many employees. They are fired and do not have jobs. Increasing of unemployees makes a lot of crimes or homeless. So the economy problem leads to many other problems. Solution of the problemis is very hard to think. So I think US also need to develop support system of unemployee.
Labels: Haruna
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