At least get the figures in the article right. It's 600,000 people a month losing thier jobs, not 600,000 week.  

Thanks to the media and your ability to flog the negative aspects of a recovering economy. I realize your job is to report all aspects but you seem to miss a heck of a lot of the good things that are going on. Gloom mongers.

Funny how the left gets upset when they are held accountable. All through the Bush years they reported nothing but negatives even if not true but that was o.k. The left caused most of the problems - Barny Frank of MA etc.

Not only is there a loss of negotiating power, but there's a significant increase in employee exploitation.  The company I work for has, like other companies, laid off so many people that those of us who are left are struggling to do the work of several people, which means hours of unpaid overtime per day.  Because we are all overworked and exhausted, mistakes resulting in less productivity keep happening.  Meanwhile upper management continues to collect their inflated salaries.   Smart, huh?

When the depression is over, we employees will remember the abuse and leave for greener pastures!   Imagine the expense of training our replacements.  

"When the depression is over, we employees will remember the abuse and leave for greener pastures!   Imagine the expense of training our replacements."

Won't happen. Most people forget all of this faster than a goldfish.  

Am moving to another state in the two months. Even though I have a full-time job...I fall behind every day with frozen wages and management who make de Sade look like a caring mother-type. Have decided sub teaching and a nicer climate is better than what I have right now until the economy picks up where I'm going.

I have said it before and I will say it again.

Recessions are good for business.

Recessions are good for driving down wages.

Recessions are good for eliminating competition.

Recessions are good for killing the advancements made by and on behalf of the average worker.

Recessions are good for the Ebenezer Scrooges of the world.

Recessions are good for the Republican party.

...because they get more of the money.

The times we live in now are far different than before in the 1970's or early 1980's.  Our economy produces very little and our people have been used to free-spending just with fast home equity loans and runaway credit.  The bottom line is that from now on those options are closed to most of us.  People are being FORCED to live within their means.  This means fewer restaurant trips, impulse buying, traveling and delaying major purchases.  

In addition, companies are having to become leaner and meaner which means more layoffs and lower wages.  The days of high bonuses and big raises are over too.  This doesn't take a rocket scientist to figure out that digging out from this mess will take at least 10 years and all of us need to prepare for it both mentally and financially....bottom line.

"Overthere"......PLEASE...name just a few of "the good things going on". I've been out of work since April 3rd of last year when the building supply company I worked for HAD to close down. And at 56, have not been able to find employment, since.

So....PLEASE..... make me feel better about the "recovering economy".

Bush the undertaker and Obama the grim reaper, when will you people realize their

is no difference between the republicans or the democrats, Bush spent us into this

depression and Obama is doing the same thing, creating money out of thin air.

Remember daddy Bush and the new world order, they are all cut from the same cloth

and they could care less about this country, they want a one world government and to

do that they must destroy the United States. So keep fighting each other while we

move into hiper inflation and the end of America.

The adminitrations world wide, central bankers and money managers want you to believe everything is fine.  We are descending into t a chronic 20% real unemployment like Europe.  In this environment everyone needs to educate themselves and make investment decisions themselves.  No body is going to do it for you.  Just look at your own 401k statements for last few months.  Good luck.  Read this: portfolioforlife.blogspot.com