The bad news seems to be never-ending: layoffs, drops in the stock market, a credit crunch and the declaration by our new president that the United States is indeed in a recession.

No matter where one turns, the economy is the top story of 2009. Not surprisingly, this has forced many employers to make difficult decisions regarding layoffs, pay cuts and hiring freezes. For those who employ foreign nationals, each of these decisions may affect an employer’s obligations under both U.S. Citizenship and Immigration Service and Department of Labor regulations.