What You Can Do About Sluggish Economic Growth
If U.S. economic growth begins to drag and we head toward recession, you’ll have to hunker down a bit to get through to the other side. First, do everything you can to make yourself indispensable at work. If your company needs to start laying off workers, you want to be one of the employees that the company considers vital and among the last to go.
On the financial side, start building up your emergency fund in case the worst happens and you find yourself looking for another job. You might want to reduce the risk profile of your investments as well since an economic recession also tends to drag down market valuations with it.
