Reuters - Mortgage applications barely advanced last week even as interest rates sank to their lowest levels since May, an industry group said on Wednesday, largely reflecting the increasing difficulty borrowers face to obtain a loan as banks tighten lending standards.

Consumer confidence hits 2-year low in October (Reuters)

Reuters - Consumer confidence declined for the third month in a row in October to its lowest level in two years on growing concerns about weakening business conditions and the impact that could have on the job market.

Step 1-Before you even sit down the jobholder to begin the verbal termination procedure, you must prepare a worker dismissal notice notification that officially tells them you have separated them. Normally, you can find a legitimate reason to separate a difficult worker. Sample Employee Discipline Memorandum. They have experience with outprocessing of workers. Managers handling these personnel should take more decisive actions. You must have this package ready for the employee during the layoff meeting. o Has her legal counsellor send you demand letters to complain about unlawful treatment or to ask you to clarify your actions. Without paperwork or physical evidence to back grounds for termination, you're opening a window for dismissed personnel to claim illegal layoff.

At times a worker becomes a liability the business can't afford to support. Smart owners and business managers use an employee separation form to help them conduct a dismissal meeting. What to Look for in a Good Sample Dismissal Letter for Attitude. Show the worker the warnings leading up to the separations, attendance records or the investigatory report. The prevalence of suit in our society means that many poor-performing workforce will begin legal action claiming you have unfairly laid off them. This sample separation letter fits best for hourly or at-will employees. You must inform everyone you and the management team take sole responsibility for the business's decline and the dismissals. This includes minimizing the chance of a unlawful layoff suit and ensuring the firm can afford the dismissal package.