According to the Bureau of Labor Statistics: Employers took 1,570 mass layoff actions in February that resulted in the separation of 155,718 workers, as measured by new filings for unemployment insurance benefits during the month. Each action involved at least 50 persons from a single employer.
This has been our story month after month here in the US. During some months there are less being "let go" than maybe the previous month, but none the less, the unemployment rate continues to rise. As companies downsize or fold completely, workers are left with no place to receive that "pay check" we all need to put food on the table and a roof over our heads.
What do we do? Should we always be looking for another job, just in case? And then, if so, the stress levels of people will be through the roof.
But, just wondering day after day as we watch our long time co-workers get pink slips and be here today and gone tomorrow....isn't that still stressful?
Should we only be worried if the company is "letting people go" or "downsizing"?
And if a move is made to another company, what's to say the same thing won't happen there?
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