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Economic Cycle has Turned
During the great credit expansion of 1945-2007, businesses could anticipate, generally, rising earnings. People were buying more and more things on credit. In a national economy, businesses pay wages and then the... US jobless rate at 26-year high
" US employers cut 216,000 jobs in August, pushing the unemployment rate up to 9.7%, a 26-year high, official figures show. The unemployment rate rose after dipping to 9.4% in July but the Labor Department said the... Get Ready for 14 Percent Unemployment
1 percent unemploymentwould be a disaster.It is still possible it will notget that bad. " The current 9.5% unemployment rate is causing great economic pain, and life with a 14% jobless rate would be much, much... Jobless face tough health-care options
My husband has not had health-care insurance since September. It's like playing the lottery. I will have to start paying COBRA or go without soon. With so many without health-care coverage, the price for health-care will increase for all."By Bonna Johnson • THE TENNESSEAN... Canada Unemployment Highest in 11 Years and US in 25 Years+
"Canada's unemployment rate rose to an 11-year high of 8.4 per cent in May as the country lost 41,800 jobs, Statistics Canada said Friday. The jobless rate was up from eight per cent in April, when the country... Where's your crown King nothing?
Have become a nation of debtor kings sitting proudly upon our throne of affectations? I would be inclined to answer in the affirmative and the evidence tends to support the assertion. We have become little more than the sum total of our possessions; blithely mortgaging our... From jobless to topless in times of recession
This is one of the few subjects for which I cannot provide any photographs (sorry!). I must say that the story in question appears to be more of a recruitment advertisment for the sex industry than a genuine... Life not worth living without internet, Hong Kong youngsters say
This does not sound very good for a "healthy" life style. " Life would be meaningless and not worth living without the internet, nearly one in seven Hong Kong youngsters said in a survey released Friday. ... China the next World Power?
As follow-up on my yesterdays article ‘The End of an Empire’, here my analysis whether China is a likely candidate as successor. America, as superpower, has passed its peak. Although in public China’s... US Unemployment Rate At 25-Year High
The US jobless rate reached 8.1% in February - a bigger jump than expected. According to the US Labor Department, the number of people out of work rose by 651,000 last month. The unemployment rate is the highest...
created by Rachel Nixon | 36 wks ago | updated 32 wks ago
553 views | 23 recommendations | 6 comments
553 views | 23 recommendations | 6 comments
Asia's Unemployed To Increase By 7.2 Million
The number of unemployed in Asia is likely to increase by about 7.2 million from 2008 to this year. This figure, according to the International Labour Organisation (ILO), is at a rate of 5.1 per cent, with women and youth hard-hit by rising unemployment. The report said... Homeless Woman's Plea to Obama Draws Flood of Support
FORT MYERS, Florida - They were just two more jobless people in an economy full of them. Sixty-one year old Henrietta Hughes and her son were living out of their pickup truck, but they now have a glimmer of... UK jobless total at 1.97 million
World is facing the fire on every front, from climate to forest, to Job market.Latest release on job prospect in UK says that, the unemployment figure in UK rose to 1.97 million, and the count is still on.Similar kind of news is coming from all over the world, whether from ,... Jobless rate 7.6 pct; 598K job cuts most since '74
"Recession-battered employers eliminated 598,000 jobs in January, the most since the end of 1974, and catapulted the unemployment rate to 7.6 percent. The grim figures were further proof that the nation's job... Canada: Job Losses Worst on Record
OTTAWA - The recession hit home last month, as a massive 129,000 workers joined the unemployed, more than half of those in Ontario. The province's unemplyment rate rose to 8%, up from 7.2% in December....
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