The financial meltdown hits home hard on Ordinary Joe as unemployment rises with two million expected on the dole by Christmas.The first and hardest hit are the building industry, car manufacturing and transport...
By, Uwe Paschen. Shibuya, the heart of the new Japan. Shibuya is in Tokyo, a district where over the past decade young and different minded Japanese have established them self, for one it is a cheaper area to...
created by Paschen | 4 wks ago | updated 5 days ago 1434 views | 60 comments
" Stocks may get a short-term boost from today's approval of a $700 billion financial rescue package, but the longer-term outlook is far less certain. CNBC.com Bailout Decision With continued weakness in the economy and still-tight credit, market...
"As people on Wall Street and Main Street hold their breath to see if a federal bailout of the nation's financial institutions will work, Americans are starting to speak — not whisper — the word "depression." In a sign that anxiety is growing, 33% of 1,011 adults surveyed...
Driving in Japan. I rented a Car for two days in order to get to a couple of places that where rather remote mainly driving along the coast line of Japan. I am used to drive long distances and on the right side of the road. In Japan, how ever, like in some other countries...
created by Paschen | 34 wks ago | updated 2 wks ago 662 views | 8 comments
The meltdown in the US financial sectory had dashed hope for thousands of people and now the latest data released in UK has also painted a grim picture. "The jobless rate in Britain rose by 0.2 per cent to 5.5 per cent in the three months to July as the number of...
The world's current Bear markets remain jittery this week as the US government bails out mortgage giants Fannie Mae and Freddie Mac. Unemployment in the USA reached a peak of 6.1% and consumers continue to...
While the process of the US presidential election proceeds towards November, economic issues are getting highlighted. One of the latest ingredients for the political competitors to adopt as their major agenda has been the unemployment issue. According to the...
created by mnepali | 5 wks ago | updated 5 wks ago 130 views | 1 comment
" 05/09/2008 13h12.WASHINGTON (AFP) - The US unemployment rate jumped to a five-year high of 6.1 percent as 84,000 jobs were slashed, according to a government report Friday suggesting fragile economic conditions....
Indicators that the United States' fall from the super-power pinnacle of a uni-polar world to the status of a fading imperium slowly being upstaged by other global contenders, are clear to many who look at the big...
Well, it looks like the economy is going downhill all the more. Now, it seems, the rich are feeling the pain of the crashing enconomy- now that's saying something. It appers that they can noi longer buy all the...
Ohio Job, Population Losses Basis for Wrong Record Streak for Job Growth, Economic Analyst Says OhioNewsBureau By John Michael Spinelli COLUMBUS, OHIO: With one in every six jobs in Ohio tied to the auto industry...
And I thought I was a slacker in high school for not having a job, but I haven't got anything on these 'Neets'--teenagers neither in employment, education, or training. According to the latest stats they're a big...