 Since the US economy is heading into a forecasted recession, we could already see that the job market is ultimately slowing down. US jobless rank has already hit 10 million and the prospects of mid-aged workers are being targeted.
The unemployment rate soared to a record high 6.5 percent which is a 14-year high. With an ailing economy, automakers are also feeling a huge pinch to their cash flow with several billions already spent to keep them afloat in the economy. |