So far, the change is unbelievable. Meaningful job creation in the manufacturing sector is absent, and that is where the jobs need to be created for these people. YJ " “Employment Situation Summary...
" The $1 Trillion Wage Deficit Share December 2009, John Schmitt and Dean Baker The strong rise in the U.S. stock market since the spring and the return to positive economic growth in the third quarter of this year have created a...
In Washington, Obama et al have been under increasing pressure, both from a restless and fearful public, and from Republicans, to take some decisive and definite...
There's a Category 5 storm about to make landfall, and the president and the officials in charge of preparing for the approaching disaster don't seem to be particularly worried. Sound familiar? ~ Ariana...
Nouriel Roubini, writing in the New York Daily News , said on Sunday that “unemployed Americans should hunker down for more job losses” given the likelihood of a job less recovery. This was as gloomy a piece as I have seen from Roubini in the past few months.
"The national unemployment rate still hasn't quite edged past 10%. But some places blew past this benchmark ages ago. In some places, it's not a matter of "if" a full-blown depression could emerge. Some cities you can probably guess (Detroit), but others (Hollywood, and...
Where do you go when you are looking for work in these hard economic times? Craigs List? Your State Unemployment Office? Well I tried both for several months. Both are equaly dissapointing. I won't even get into Craigs List other than to say don't bother unless you want...
"Still on the job, at half the pay," is a headline in The New York Times. It tells the story of an airline pilot whose position has been downgraded and whose pay has been cut in half. The fellow is now earning...
“US economic power is declining as a result of the financial crisis,” said the head of the World Bank Robert Zoellick. And continued saying: "One of the legacies of this crisis may be a recognition of changed...
It makes no sense to speak of recovery, when job losses increased in September; and unemployment now hits 9.8%. For Forbes interactive map of US states' unemployment , go to:...
For many years now businessmen in the West have out sourced manufacturing of goods to Asia where labor was much cheaper as with all production overheads. Communist China took the biggest advantage and opened...
An increasing number of abandoned pets have started filling up animal shelters to the brim. Most of these pets were left behind because of either unemployment or foreclosure. " In addition to homeless families, abandoned pets are also considered to be one of the unfortunate...
created by cassy82 | 12 wks ago 126 views | 1 recommendation | 2 comments
Globalization opened enormous scope of opportunities and gateway to trade exchanges world over. Especially Asian and developing countries were in advantage to promote their sales and services to developed...
President Obama's decision to address the nation's students this Tuesday has led to a national debate with some opposing federal government entering U.S. schools.The reasons are numerous, but under what conditions...
Although I have been “pissing and moaning” at lot lately about my situation in life, I realize that I have it better than most. With the mortgage being our only debt, my husband and I have been able to get by on unemployment, contract work and savings. I received a call...