Monday, February 9, 2009


Are you one of the many people who dread Monday mornings? When I was a member of that group I used to get the downers around 6:00 pm every Sunday evening. I remember dreading Monday mornings and the start of another work week. Today I don't feel that way. The heaviness that used to settle in the pit of my stomach every Sunday evening no longer comes to visit. After I became consumer debt free I made some life adjustments that allowed me to rearrange my work schedule so my Mondays became much better ... however there is a new threat lurking.

Nearly 2.6 million jobs were lost over the course of 2008, the highest yearly job-loss total since 1945. The job-loss reports continued to climb in January, which saw over 200,000 job losses. January 26th was the day that some labeled as Bloody Monday because several fortune 500 companies announced over 65,000 job cuts combined. Those companies included Caterpillar (20,000 jobs), Pfizer (20,000 jobs), Sprint (7,000 jobs) and Home Depot (7,000 jobs).

Monday February 2 - Macy's announced that they will cut 7,000 jobs. Other companies announced job cuts later that week (Panasonic 15,000 jobs, and PNC Financial 5,800 jobs).

Monday February 9 - Japanese automaker Nissan announced 20,000 job cuts (technically it was announced Sunday but it hit US mainstream news Monday).

Flag on the play! Who wants to start the week hearing about the infinite number of jobs being lost everyday? And why on Monday? If there has to be a weekly announcement I suggest that companies do it on Friday when most of us are floating high at the anticipation of the weekend;-). I shall not be recruited back into the Monday morning blues. I know we're in a recession, I know the economy is shaky, I know the markets are extremely volatile, yes, I know all of these things. I also know that I do not want to begin each week with Monday's gloom and doom report so effective immediately, I am replacing Monday morning news with Curious George and Clifford the Big Red Dog.


Sharon Rose said...

Hi there-Really hope the rest of the week is good for you my dear!!

Sheena said...

Thanks for your comments about our move.

I too am saddened by all the jobs losses. It just makes me even more thankful to GOD that my husband still has his.

Ms. MoneyChat said...

Hi Sharon - yes it will be a great week;-).

Sheena - it's truly saddening to me as well. in my line of work i see people everyday who have been affected by the job cuts. i see first hand the toll it's taking on families. my thoughts and prayers are definitely with those who are having a difficult time, and for us all because in some direct or indirect way, the situation is impacting all of us.

Money Funk said...

Amen for Clifford the Big Red Dog! I think you're right about moving it to Fridays. Cuz that is also the day I don't really pay attention to the news. Then, I could just mosy on with my life. And continue to live my life with the best foot forward in a shaky economy. Mucho better. Great post!

~Truly Tina~ said...
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~Truly Tina~ said...

Whether it's Monday, Tuesday, Wednesday, Thursday, or Friday, PBS beats the gloomy morning news hands down! :-)