job losses

• unemploymentBeing without paid work
• layoffsMass job eliminations
• redundancyNeedless duplication
• downsizingReducing workforce or scale
• severanceTermination pay or disconnection

pink slip · firing · termination · recession · factory · closure · outsourcing · automation · restructuring · cutbacks · workforce · displaced · economy · bankruptcy · shutdown · benefits · resume · hardship

• industrial declinedeindustrialization, factory closures, factory closure, plant shutdowns, plant shutdown
• Rust BeltDetroit, Cleveland, Pittsburgh, Gary, Youngstown
• Financial Crisisfinancial crisis, Great Recession, recession, credit crisis, bank failures
• inflationinflation, CPI, price hikes, hyperinflation, cost-push inflation
• bankruptcybankruptcy, bankruptcy court, Chapter 11, Chapter 7, bankruptcy petition
• business failurebankruptcy court, insolvency, liquidation, closure, shutdown