Americans need to calm down.

While it is true that the Unites States dollar hit a 50-year low last week against the euro, this fact does not necessarily mean European low-paying jobs are being outsourced to the states and America is heading for an economic recession and depression or impending doom.

On Tuesday Forexnews.com reported that “the dollar remained well-supported against the euro” and that the dollar, while still worth less than the euro, was holding relatively steady.

By the way, the U.S. dollar was stronger than most Asian currencies and even trumped recent gains the Australian dollar achieved Tuesday.

But tomorrow is another story. Nobody knows what will happen tomorrow in the market, due to the constant and normal variations that occur. Economies vary from year-to-year, month-to-month, sometimes even second-to-second.

Besides, an economic recession, a significant decline in an economy, is normal in every market. A recession occurs after an expansion period marked by high-market activities and gains.

Usually, a recession only lasts a few months and has been a rare occurrence in recent years, according to the National Bureau of Economic Research.

The word “recession” has a negative connotation for many, but the event is not terrifying. After all, nothing in life can always be perfect, and the economy is no exception.