Job Jitters

Summary


Are you worried about losing your job? Media reports certainly suggest you should be. The unemployment rate jumped again last month to a five-year high. Stories about job losses fill the news.

Many politicians claim America is in a recession (that only they can get us out of!). Large numbers of Americans understandably worry that a pink slip could arrive at any time.

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Extract


Job Jitters

Fortunately, these fears are largely unfounded. The vast majority of American workers are not at risk of being laid off. America is not in a recession. Though the economy is hardly booming, it has grown mod...

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