I was recently terminated because of "economics" is that legal?

The law doesn't operate on the premise that our dealings have to be FAIR. It only requires that they be LEGAL. Everything is legal, except what Congress has decided is illegal. It is not illegal to terminate someone for economic reasons unless you had an employment contract to employ you for a certain period of time and they breached that agreement. Otherwise it is only illegal if the reason for terminating you was illegal. Economics is not one of the criteria defined by law as illegal. Generally, the only illegal criteria are race, color religion, creed, gender, national origin, age (if you are at least 40) disability (if you are both disabled and qualified for the job), membership in or veteran of the US Armed Forces, or because you exercised some right guaranteed under federal law.     Michael A. Caldwell