More jobs lost

The tally of job eliminations reached 100,000 last week alone. Most in the manufacturing industry with Caterpillar laying off 20,000. Today Macy's announced 7,000 to be laid off, mostly in stores, but also in the retailer's offices. YIKES!!!
Congress needs to hurry up and pass the stimulus bill while there is still an economy to stimulate.
On a brighter note. Though credit is still tight, banks are relaxing the standards some. Hopefully this will enable people to borrow for new cars and other durable goods. This would spur the economy to start producing again, and get the country on track. It will be a matter of time, but the country will pull out of it.
The big question is, did we learn anything? Overspending one's means, living on credit, trying to get rich quick. My guess, probably not. In December, auto sales were down, but the sales of SUVs and trucks climbed as a percentage. This was due to the drop in gas prices(do people believe they will stay down), and deep discounts on gas guzzling vehicles to get them off the dealer lots. So when will the population realize?
If you were one of the unfortunate workers effected by last weeks announcement, maybe it is time to start a new job search, before the actual event occurs. By starting early, you will have a jump on others, and hopefully find the perfect position quickly. If so, try job.travel, the premier website for jobs in travel and hospitality. The opportunities are nationwide and across many career paths. And maybe a move is also involved, check out the Directory pages for information on a possible new home.