SHREVEPORT, Louisiana - November 7, 2008 – In order to keep from sinking, the United States Postal Service is considering cutting thousands of jobs nationwide. Lavelle Pepper with the post office in Shreveport says they too are feeling the affects of the same disease hitting the country... a struggling economy. "We lost 2 billion dollars and like any other business we have to stay afloat. We employ about 685,000 people. If we do layoffs it would include clerks, carriers, and mail handlers across all crafts."
Road to Depression
WASHINGTON - November 6, 2008 - The number of out-of-work Americans continuing to draw unemployment benefits has surged to a 25-year high, while shoppers turned extra frugal, further proof of the damage from sinking economy, credit problems and financial stresses.
NEW YORK - November 6, 2008 - The nation's retailers saw their sales plummet last month to the weakest October level since at least 1969, as the financial crisis and mounting layoffs left shoppers too scared to shop.
RICHMOND, Virginia - November 3, 2008 - Electronic retailer Circuit City plans to shutter 20 percent of its U.S. stores by December 31 and evaluate other cost reduction initiatives, it announced today, citing waning consumer confidence and the struggling financial markets.
DELRAY BEACH, Florida - November 1, 2008 - Consumers may be cutting back on going out to eat and buying new clothes, but at the Delray Shooting Center off Linton Boulevard, guns remain good as gold.