Bad economy fuels airfare price cuts
@ October 30, 2008 # No Comment Yet
Major airlines announced that they will be cutting fares for the holiday season to combat the decline in passengers due to the unstable U.S. economy. The price slashing was initiated by Northwest Airlines and competitors soon started lowering their fares as well. The fare sale could save passengers up to 25%.
“We know the economy is [...]
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Economic crisis results in 760,000 layoffs so far
@ October 30, 2008 # No Comment Yet
760,000 jobs have been eliminated as of September 2008, and a quarter of U.S. employers are expected to layoff many more within the next year. Employees in both Wall Street and middle America are feeling the impact of the current economic crisis. The Department of Labor has reported an estimated 110,000 job cuts in financial [...]
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