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Big job losses point to consumer woes ahead

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Another important part of the economy is now starting to falter: businesses that cater to consumers. As families stop making so many trips to the mall or cut back on their dining in restaurants, the consumer sector is now laying off workers. Jobs are disappearing for people in furniture stores, electronics retailers, and department stores. Even food-services companies are reducing their staffs.

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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

Related Topic(s): Consumer Affairs; Consumer Confidence; Working Poor; World Bank, Add Tags

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