21st Economic
Title: 21st Economic
Category: /Business & Economy
Details: Words: 814 | Pages: 3 (approximately 235 words/page)
21st Economic
Category: /Business & Economy
Details: Words: 814 | Pages: 3 (approximately 235 words/page)
Our economy is like Wall Street; what goes up, must come down. People most affected by recession are those in the middle and working class families.
Because of the unstable economy, companies are threatens to downsize their employee work forced and closing doors are their next options. Many companies are laying off their employees. The loss of a job threatens many working class and middle class families with the threat of bankruptcy, because of the
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be anemic" said Conway co-author of the Puget Sound Economic Forecaster, Nyhan P. (2004) Seattle Post-Intelligencer. The people who work hard survive in these kinds of situations and they plan ahead in time of troubles and do not stop looking to support their family needs. Working class people are the one who most affected by the recessions, and the people who do not surrender because jobs are not available are called the "Survival of the Fittest."