NEW YORK ( TheStreet) -- It appears to be getting a bit ugly out there, with the S&P 500 down 5.2% since Election Day. The markets have a lot to grapple with these days, the fiscal cliff and more of the same story in Europe.The employment picture does not appear to be getting any brighter, and with the reality that the Affordable Care Act will be fully implemented, we are hearing of more companies either laying off workers, or pushing them to part-time status in order to avoid covering health employee's health insurance.
Economic Picture Is Getting Ugly
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