HP Job Cuts Show Recession Far From Over: Prepare Yourself

HP Job Cuts Show Recession Far From Over: Prepare Yourself

Hope you had a happy Memorial Day holiday. Your job no longer exists. That's the news 9,000 people at Hewlett-Packard got today as the company restructures to better compete with IBM. Last month, Pfizer announced that it was cutting 6,000 jobs. Wait, isn't the recession supposed to be over?

Not so fast. Things may be looking up but the economy still has a long way to go. What does that mean for you? In the LearnVest world we're all about preparation. So—and if you are a loyal reader you know what's coming—we think you should get your emergency funds in shape if you haven't already. Need some pointers? See our "Emergency Fund 101" article and start today.

And, we've heard all the excuses not to save...But if you have a a favorite feel free to add it to the comments.

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