A daily review of the employment fallout around the country and the world. 
Japanese electronics company Pioneer Corp. will cut 10,000 jobs globally to cope with sinking sales of car audio equipment and flat-screen TVs…International Rectifier will eliminate 850 jobs…
This Valentine’s Day, dogs are getting plenty of love. According to a survey by the National Retail Federation, Americans plan to spend $367 million on their pets. That’s a lot of cat toys and doggy treats.
The holiday may not be a box of chocolates for us humans. But Fido? Doing okay this year.

A daily review of the employment fallout around the country.
Nissan to pinkslip 20,000…Razorfish shaves off 70 employees…The University of Chicago Medical Center may shed hundreds of workers…
It’s Friday after another long week in the recession. Boost your mood with films about these poor suckers who are far worse off than you could possibly be. Consider:
The Fly – You could be half-insect.
The Hanoi Hilton – You could be a P.O.W.
Sara Clemence, 34
New York City
Editor, Recessionwire Co-founder
Keeping: My cleaning lady ($75 every two weeks)
Ditching: HBO ($15 a month)
Last month, I was part of a dynamic duo excited about the prospect of upgrading to a two-bedroom apartment in Park Slope or Hudson Heights where I could have a little more space in which to write and we could start our family. But now, with my husband Marco newly laid off, I’m insta-primary breadwinner.
And here’s the thing. I am a card-carrying, credentialed feminist. I’m equipped to earn, and I do. So it freaks me out, a little, that I’m so freaked out about this sudden shift in our roles.
Ditching: Daycare
Keeping: Gourmet dog food
Few are immune to the necessary cutbacks that come with shrinking assets. Even dogs.
Now that you’re no longer office-bound, your closet is calling to you with its range of options. You’re giddy over the possibilities (suit no longer required? no matter! how about gym clothes!). But before your wardrobe fantasy goes too far, we have some advice.
Here’s what not to wear in unemployment. Unless, of course, you plan on remaining unemployed.

Money’s tight. So every penny counts when you’re on the road…
Psst. You may be incurring up to 3% in currency-conversion fees when you travel abroad every time you use your credit card. In recent years, banks have started piling fees right on top of the standard 1% fee that Visa and MasterCard charge for foreign purchases. Why? Because they think you’re too jet-lagged to notice.
Underemployed? Recessionwire offers weekly ideas for being productive with your newfound free time. First up, joining the board of a nonprofit organization.