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2.8million Brits under-employed
New figures reveal that not only are 2.6million British workers unemployed but that a further 2.8million are underemployed. It's not that Britain is a nation of slackers in fact it's estimated that one-in-ten...
created by Paul Conneally | 3 years ago | updated 3 years ago
298 views | 30 recommendations | 8 comments
298 views | 30 recommendations | 8 comments
A Growing Underclass
"A Growing Underclass By CATHERINE RAMPELL Slowly but surely, longer-term unemployment seems to be becoming the norm. While layoffs are slowing, the number of job openings relative to the unemployed population were still at a record low in November. That means...High-end Homes in North Texas Fall Prey to Foreclosures
Number of foreclosure notices in Texas is three timer higher now than in 2008. As unemployment reaches its peak, Noth Texas feels the hardest hit, with home sales falling by 16 per cent in some cities. "The US is in the grip of a recession. Unemployment is at its peak and as... What can a Homeowner do to Prevent Foreclosed Homes?
Many people have accept lower income to prevent being fired and receiving nothing. This is what the current financial crisis has been causing in United States. " Seems that the days when foremen would discount... America's Ugly Jobs Picture
An honest, straight-forward look at the jobs picture in the US economy is depressing on its face. There is no other way to characterize it. It is true that the November jobs report showed smaller-than-expected job losses of only 11,000. It is also possible that the... We Need 140,000 New Jobs A Month To Keep Unemployment From Going
Asha Bangalore of Northern Trust estimates that the US economy will need to add 140,000 jobs a month next year to keep unemployment flat at its current rate because the "civilian labor force" grows about 1.2% a year. "Here's Asha: The average growth of the civilian labor... Blacks, Teens, and Hispanics are Hammered with Unemployment
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
" 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... What will Obama Jobs Summit amount to?
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...
created by Susan Marie Kovalinsky | 3 years ago | updated 3 years ago
270 views | 37 recommendations | 16 comments
270 views | 37 recommendations | 16 comments
Huffington: Obama's Katrina about to slam down on land
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 Huffington, Nov. 24, 2009 Ariana Huffington,... The worst is yet to come: Unemployed Americans should hunker down
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 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...
created by Evil World News and Weather Network | 3 years ago | updated 3 years ago
103 views | 7 recommendations | 0 comments
103 views | 7 recommendations | 0 comments
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... 
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