The Rise of Unemployment and Recession

As our country has fallen in to recession during the previous few years, business strategies have changed and layoffs have increased. When in times of recession, managers of companies are put in tough situations where they must always do what's best for the survival of the company. Businesses are forced to make safe choices in contrast to the uncontrolled spending of the previous years.

"It’s no surprise that business confidence has been shaken over the last few years. Executives are unwilling to take on new risks, and people in all walks of life are nervous about trusting in one another"

http://www.nytimes.com/2010/10/03/business/economy/03view.html?ref=economy

Mass layoffs in corporate companies that must eliminate jobs in order to stay competitive only continue the downward spiral of our economy. While firing workers does reduce costs for companies, it also puts a huge burden on the rest of the workforce that receives their additional work.