The 20 Most Unemployed Cities In America

"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...

Bogus listings on State Employment Sites

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...

Business investment is falling

"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...

Fake Recovery through Cash for Clunkers

“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...

US Unemployment rate hits 9.8 %

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:...

The best solution - Tax China Goods!

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...

Abandoned Pets: Another Consequence of Foreclosure, Unemployment

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...

globalization and urbanization

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...

Obama's Education Speech Ignores Conditions of Homeless Children

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...

Someone Always Has It Worse

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...

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...

Christina Hoff Sommers Claims NOW stole stimulus plan

Has Obama betrayed the working class male?   From  commentary ,  "The Price of Liberty":  on Christian Hoff Sommers'  "No Country for Burly Men:  How Feminist groups skewed Obama's...

Unemployment Woes But Obama had "Invisible Achievement"

Amidst  a chorus of charges of failure,  an invisible success for Obama. "The unemployed included nurses, Web designers, accountants, baristas, recent business school graduates and construction workers....

Federal Reserve on Interest Rates, Treasuries, and Unemployment

Federal Reserve policymakers ended their two-day meeting of the Federal Open Markets Committee (FOMC) and issued a statement in Washington. It has decided to keep its benchmark interest rates unchanged between 0% and 0.25%, slow down its $300-billion U.S. Treasuries program,...

US Consumer Debt Falls For The 5th Consecutive Month

On Friday the Federal Reserve has reported US consumers are no longer consuming. For the fifth consecutive month consumer debt fell, by $10.3 B.  US consumer debt is estimated at $2.5 T. Analysts expected a $4.7 B reduction. "Outstanding U.S. consumer debt fell $10.3...

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