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Mexico takes urgent economy steps
[9 mins][M�jico]
Mexico unveils emergency measures to protect its economy, including freezing fuel prices and creating thousands of new jobs.		Pink slips pile higher amid deepening recession (AP)
[40 mins]
People looks for jobs in front of computer screens at the California Employment Development Department in Sunnyvale, Calif., Tuesday, Jan. 6, 2009. The country lost nearly 2 million jobs through November and more bad news is expected this week when the government releases data on weekly jobless claims and December unemployment. No matter how bad those numbers are, and economists expect at least another 500, 000 jobs were lost last month, the pain is stretching into 2009. (AP Photo/Marcio Jose Sanchez)AP - Pink slips are piling higher as companies scramble to cut costs even deeper to survive the country's economic and financial storms.
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