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A Sobering Economic Roundup

It was quite a day today: American Express Earnings Drop 79 Percent Sprint Nextel to Cut 8,000 Positions Caterpillar to Cut 20,000 Jobs Home Depot to Cut 7,000 Jobs And […]

It was quite a day today:

And the grand finale:

About the Author

Matthew Brian Hersh

Matthew Brian Hersh served as senior editor at Shelterforce from March 2008 to October 2012. He studied English at Rutgers University and has spent his professional career in journalism, policy, and politics.

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One thought on “A Sobering Economic Roundup”

  1. Let’s see, 62,000 jobs is domestically a third of a point on the unemployment rate—very impressive one-day loss if that is what it is. A full point is approximately half the workforce of a Congressional district—ouch!

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