The finance and home construction industries have been losing jobs for months, but now the layoffs are spreading to other industries.
The most recent companies to announce layoffs include Best Buy, Yahoo and PespiCo.
So, what should people do if they've just been laid off or if they think they are about to be let go? "Good Morning America" financial contributor Mellody Hobson answers a few of the big questions on people's minds.
What do you do if you are afraid you are going to get laid...Full Story