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December 5, 2008
Globalization reshapes the face of recession

The U.S. lost 533,000 jobs in November — the most jobs to disappear in one month since 1974.

Unemployment may reverberateĀ overseas as foreign producers lose valuable markets. This is the case with theĀ auto industry — manufacturers abroad will be affected by the upcoming bailout decisions.

Marcus Mabry of The New York Times speaks with Martin Savidge about the latest unemployment numbers in the U.S. and the future of the global economy.

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Marcus Mabry gives a refreshingly insightful, intelligent & inclusive commentary on various economic issues. We very much look forward to many more!

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