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UK are in recession too.
> Well I can't speak for the US as I don't know enough about the
> situation that side of the pond, but with so many people losing
> jobs every day in the UK it certainly looks like we're heading
> that way...
It would appear from recent newspaper reports that half a million people lost their jobs in November and the same amount in December - quite a few, probably a few more than the UK at present, but I suppose only time will tell.