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...
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 | 40 wks ago | updated 36 wks ago
560 views | 23 recommendations | 6 comments
560 views | 23 recommendations | 6 comments
