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Nearly 600K Jobs Lost in One Month, but GOP Delays Stimulus Plan
The Labor Department reported that the economy lost 598,000 jobs in January, the worst monthly jobs loss since 1974. 1.8 million jobs have been lost in the last three months alone, and U.S. unemployment now...
Jobless rate 7.6 pct; 598K job cuts most since '74
"Recession-battered employers eliminated 598,000 jobs in January, the most since the end of 1974, and catapulted the unemployment rate to 7.6 percent. The grim figures were further proof that the nation's job... NAFTA, the Good, the Best, and the Ugly for the Americas
NAFTA, the North American Free Trade Agreement, has been getting a lot of not so favorable, and sometimes, controversial headlines in recent years. Some critics blame it for the current labor shortages in the United States, due to the fact that most U.S. companies have been... Canada: Job Losses Worst on Record
OTTAWA - The recession hit home last month, as a massive 129,000 workers joined the unemployed, more than half of those in Ontario. The province's unemplyment rate rose to 8%, up from 7.2% in December....
created by Mary Richard | 4 years ago | updated 4 years ago
1030 views | 78 recommendations | 12 comments
1030 views | 78 recommendations | 12 comments
Capitalism and Socialism
Both Capitalism and Socialism all over the world have failed to bring down poverty level. Now World needs new order like Socio-Capitalism, in which capitalists are in check by Collective reforms. So the benefit of development is passed on to entire population. Social security... French crowds join general strike on 'Black Thursday'
Hundreds of thousands of people took part in a general strike in France on Thursday in protest at the government's handling of the economic crisis. Union leaders said 2.5 million people had taken part in protests...
created by Rachel Nixon | 4 years ago | updated 4 years ago
539 views | 15 recommendations | 4 comments
539 views | 15 recommendations | 4 comments
Circuit City to Close All Stores
Circuit City has filed for Chapter 7 bankruptcy, meaning that it will close all of its stores and dispose of all of its assets. In a recent press release, Circuit City stated that it would be unlikely that any assets would remain for their common stockholders. ... Radio France Internationale protests job cuts
Staff from Radio France Internationale went on strike on Thursday to protest the French government's decision to cut more than 200 jobs or 25% of the workforce. RFI's language services will suffer, with six... Privatization linked to higher death rate in former Soviet Union
The British medical journal The Lancet has released a study that shows that rapid privatization of state industries in the 1990s led to significant increase in the death rate in the former Soviet Union....Pakistan people lament apathy of rulers towards their miseries
Every ruler of Pakistan in the past gifted the price-hike, unemployment and poverty to the poor. Politicians make tall claims of solving public problems but as soon as they get power, they thrust the problems of power and gas loadshedding upon people. These views were...Obama-Calderon talks to focus on Mexican drug war
Mexico is lucky to have a President that sees the importance of making sure that his citizens are treated well outside of Mexico since he has no way of making life better for anyone in Mexico. I am sure if he can keep the focus on the U.S. side of the problem nobody will ever...Study shows decline in immigrant labor
"Reversing a five-year trend, fewer immigrant Latinos were either working or looking for jobs in the third quarter of 2008 compared to a year ago, according to a recent Pew Hispanic Center study.The labor force participation rate of foreign-born Latinos fell from 72.4 percent...Obama Pledges 3 Million New Jobs, but How?
.This sounds good but thequestion becomes wherethe money will come from.If it just adds to the deficitand national debt it couldbe counter preoductive. " Obama will meet with Democratic as well as Republican... Unemployment Filings Reach 26-Year High
he unemployment rate in the US continues to surge, with the nu,mber of people seeking jobless benefits now hitting a 26-year-high. The new data comes along with other discouraging economic news." The number of...
created by Dave Keating | 4 years ago | updated 4 years ago
72 views | 3 recommendations | 0 comments
72 views | 3 recommendations | 0 comments
UK Unemployment Heads Over 1 Million
Dismal unemployment figures have been released this week in teh UK showing that unemployment is rising rapidly, with the total number of people seeking jobless benefits now over 1 million. The speed of this increase echo a similiar increase in the US." Unemployment in Britain... Top Members Today
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