Even in weak employment markets, the United States has typically had a trump card to play. The nation's workers are legendary for their willingness to travel across the country for new opportunities.
The Great Debate
— Daniela Drake, M.D., attended Wellesley College and received an MBA from Stanford University. She, along with Elizabeth Ford, authored the book “Smart Girls Marry Money.” A former McKinsey consultant, she is now a full-time primary care physician. Drake married (for love) and has reaped the consequences. The views expressed are her own. —
November's job losses were the steepest since December 1974, when 602,000 jobs were shed. Analysts polled by Reuters had predicted a reduction of 340,000 jobs.
As Congress debates legislation to help struggling automakers, many Americans say they are uneasy with the plan, arguing that while it may save jobs, it would reward companies for pursuing bad business practices. Some even question whether automakers will be viable, even with support.