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10 Percent Unemployment in California: Which Counties are Hurting the Most
2008-06-07 21:21:00 The real health of a nation is derived from a citizenry that is employed adequately. The debate over what “adequate” constitutes can be debated but it is sufficient to say that the way current national data is gathered for employment is simply inadequate. People are undercounted. Even with the report that was ...Related Posts:?California Budget Details: How the Recession Will Affect Revenues for the State.?Housing in Graphics and California $16 Billion in the Hole: The Genesis of the California Housing Market.?The Short End of the Stick: Examining Short Sales in Southern California?The Abyss is Deep: The Housing Abyss is Deep: 4 Major Reasons Why Housing in Southern California is Nowhere Near a Bottom.?Southern California Housing Still Not Finding a Bottom: Worst Decline Ever, no Exaggeration. Examining the Numbers in Great Detail.
Unemployment Rises to 5.5%
2008-06-07 06:09:00 For the fifth month in a row, the employment rate in the U.S. rose. Jobs dropped by 49,000 just after a 28,000 drop last month. The Labor Department issued a report in Washington stating that the jobless rate increased by a half percentage point to 5.5% much higher then analysts were forecasting.
Labor Secretary Elaine Chao: Blame America?s Youth For High Unemployment Ra
2008-06-07 03:55:00 By- Suzie-Q @ 6:55 PM MST From: Think Progress By Amanda at 7:00 pm Labor Secretary Chao Blames High Unemployment Rate On America?s Youth» According to new Department of Labor data released today, the U.S. unemployment rate rose from 5.0 to 5.5 percent in May, which was higher than the expected 0.1 percent jobless rate increase. It was ...
By: Suzie-Q
Foreclosures Top 1 Million, Record High Oil Prices, Unemployment Up, Dow Do
2008-06-07 00:27:00 Wowsa. It’s been a pretty brutal day for economic news: Foreclosures Hit Record High “Hysteria” Drives Oil to Record High Unemployment Up Sharply Nationwide (held its own in Arizona by the way) As such, the stock market took a pounding today, with the Dow losing 395 points (All the broad market indexes were down about 3% today). I’m a bit ...SHARETHIS.addEntry({ title: "Foreclosures Top 1 Million, Record High Oil Prices, Unemployment Up, Dow Down 400 Points", url: "http://www.phoenixrealestategu-y.com/foreclosures-top-1-millio-n-record-high-oil-prices-unempl-oyment-up-dow-down-400-points/1-038" });
Unemployment rate leaps to 5.5%
2008-06-06 20:31:00 WASHINGTON -- The nation's unemployment rate took a sharp turn for the worse in May, jumping to 5.5% from 5% a month earlier -- the largest one-month increase in more than two decades and a further sign that the ailing economy is not yet on the mend.
By: Get rich
Unemployment rate not a good sign for economy
2008-06-06 17:00:00 It is unsettling to hear that in May alone, nervous employers cut 49,000 jobs. The unemployment rate soared from 5% in April to 5.5% in May, which is the biggest one month jump in the rate since February 1986.
Unemployment rate not a good sign for economy
2008-06-06 17:00:00 It is unsettling to hear that in May alone, nervous employers cut 49,000 jobs. The unemployment rate soared from 5% in April to 5.5% in May, which is the biggest one month jump in the rate since February 1986.
Unemployment Pulls the Rug Out From Underneath the Indices
2008-06-06 15:47:00 After yesterday’s surprising-but-firm rise in the market, I really thought the NASDAQ was going to take off. The close of 2549.94 was the best close in months, and we had gotten past some significant resistance lines. Then unemployment numbers came in. Not good. Actually, they weren’t as bad as the press is making them sound. It ...
Unemployment rate jumps to 5.5%
2008-06-06 15:30:00 WASHINGTON The nation's unemployment rate jumped to 5.5 percent in May -- the biggest monthly rise since 1986 -- as nervous employers cut 49,000 jobs.
By: Get rich
US unemployment rate up at 5.5%
2008-06-06 15:03:00 Payrolls have fallen for a fifth monthThe US unemployment rate rose to 5.5% in May after the economy lost 49,000 non-farm jobs, official figures show.
By: Get rich
Unemployment rate jumps to 5.5%
2008-06-06 14:59:00 More bad news for the Economy. According to USA Today: Businesses shed 49,000 jobs in May WASHINGTON ? The government said Friday that the nation’s unemployment rate jumped to 5.5% in May ? biggest monthly rise since 1986 ? as nervous employers cut 49,000 jobs. It was a dramatic sign of a deeply troubled economy. The latest snapshot of ...
By: National Bubble
Good News in the Unemployment Numbers
2008-06-06 14:58:00 Everyone is gnashing their teeth this morning because the unemployment rate jumped to 5.5%. But, they seem to be ignoring the other numbers. Yes, there was a shrinkage in non-farm payrolls. In May the job rolls shrank by 49,000 jobs. BUT… The expectation was a reduction of 60,000 jobs and the unemployment rate would be 5.1% We had ...
By: Investing Notes
Unemployment among Latinos is up to 7.3%, report says
2008-06-05 01:05:00 By Nicole Gaouette WASHINGTON — Unemployment among Latinos and particularly Latino immigrants jumped in the last year, according to a report released today by the Pew Hispanic Center. Amid an extended housing market slump, the Pew figures prompted concern among Latino leaders but offered indirect affirmation for immigration enforcement officials about new aggressive enforcement raids.
By: I Call BS!
Stratfor Intelligence Guidance: Week of June 1, 2008
2008-05-31 06:35:00 Asia in general, and China in particular: The pressure in Asia is starting to show, beginning with South Korea. But anecdotal reports out of China also show the ratcheting of pressure. We have reports of plant closures due partly to informal taxes for earthquake relief imposed by the government and partly to the business environment. ...
By: 1913 Intel
The Sham of our Current Unemployment Rate Numbers: Lessons from the Great
2008-05-30 20:27:00 When you look at the current unemployment rate of 5 percent, you would think that our economy would be humming along. Yet the way that they calculate the official unemployment rate is such a joke, you are almost left guessing how many people are really out of work. Are you looking for work ...Related Posts:?The Short Sale Report: Volume 1 – The True Barometer of the Housing Market?A Bubble That Broke the World: Lessons from the Great Depression Part IX. When Credit is Debt.?The Menace of Mortgage Debts: Lessons from the Great Depression Series: Part IV: Where do we go After the Housing Crash??Sheep Back to the Slaughter: Lessons from the Great Depression Part VIII: All the Change and Bear Market Rallies.?Doing The Housing Bubble Math Dance for California.Related postsThe Sham of our Current Unemployment Rate Numbers: Lessons from the Great Depression: Part X. Data Mining.When you look at the current unemployment rate of 5California might be in recession alreadyThis fr...
Disaster Unemployment Now Available For Mississippi Flood Victims
2008-05-23 00:00:00 Bolivar, Warren, Washington and Wilkinson County residents and business owners who are out of work as a direct result of the recent severe storms and flooding may be eligible for weekly benefit payments under the Federal Emergency Management Agency's Disaster Unemployment Assistance (DUA) program.
Phoenix Unemployment Rates Fall - sort of
2008-05-19 22:15:00 There is an interesting East Valley Tribune article on the unemployment rates in Arizona and the Valley. Phoenix maintains its (relatively) low unemployment rate. But as the article points out, the number of people employed in Arizona declined by 4,600 from March. The rate dropped because the number of people actually looking for work declined even more ...SHARETHIS.addEntry({ title: "Phoenix Unemployment Rates Fall - sort of", url: "http://www.phoenixrealestategu-y.com/phoenix-unemployment-rate-s-fall-sort-of/983" });
Uses of an Unemployment Cover in an Insurance Policy
2008-05-12 13:02:00 Insurance these days is available in different in many types and varieties. Such and every loss can be safe guard with the use of a good insurance policy. Insurance now days are not only concerned with life insurance. Rather the wings of the insurance have reached all places and dimensions. It is very important ...
Jobless Rate Falls To 5%
2008-05-02 19:46:00 From the AP: For the fourth month in a row, the economy lost jobs, the Labor Department reported Friday. But in April the losses totaled 20,000, an improvement from the 81,000 reductions in payrolls logged in March. Job losses for both February and March turned out to be a bit deeper than previously reported. The latest snapshot ...
By: The Hot Joints
Wall Street Could Say ?Sayonara? To 36,000 Jobs
2008-04-24 21:33:00 Time to dust off those resumes, Wall Streeters. According to James Brown of the New York State Department of Labor, Wall Street could lose over 36,000 jobs due to the housing bust, subprime mortgage meltdown, and credit crunch. Earlier today Brown, a labor market analyst, told Reuters that regarding his forecast of one ...
By: Boom2Bust.com
Unemployment & Job Search Help.
2008-04-23 21:30:00 Provides Psychological Support For Unemployed Workers And Nuts And Bolts Job Search Strategies.
By: The Mall Blog
Unemployment is down in Oklahoma… WAY down… but why?
2008-04-23 15:04:00 Interesting bit in NewsBusters, this morning…. By the way, NewsBusters is a regular read here, and soon as I geta few seconds I’ll add it to the list…. anyway… It seems that, despite unemployment edging up everywhere else in the country,  unemployment in Oklahoma has been dropping rather quickly. And we’ve not been told about this? Why? Well, one thing Oklahoma did last year was to pass an enforcement-focused immigration reform law. It did so in May, and it took effect in November. Here is how One News Now described the bill at the time it was signed by the state’s governor (original link no longer available): House Bill 1804 was passed by overwhelming majorities in both the House and Senate of the Oklahoma Legislature. The measure’s sponsor, State Representative Randy Terrill, says the bill has four main topical areas: it deals with identity theft; it terminates public assistance benefits to illegals; it empowers state and local police to...
By: BitsBlog
Portland Unemployment Up In March
2008-04-23 01:07:00 From the Columbian:The Vancouver-Portland area?s unemployment rate increased to 5.3 percent in March, compared to 5.0 percent in February, according to data released Monday by the Oregon Employment Department.Clark County?s March unemployment rate was 6.9 percent, up from the 6.7 percent February figure.The metropolitan region added 400 jobs in March, with the construction and health service sectors combining to add 1,700 jobs. Losses in other sectors, such as the financial industry, offset some of those gains. Since March 2007, the regional work force has expanded by 0.9 percent.Construction added jobs?
Southern Oregon Unemployment Continues Rise
2008-04-22 21:19:00 From the MailTribune:The local unemployment rate rose to 7.9 percent in March, up from 7.7 percent in February and 6.3 percent in March 2007. The number of unemployed in the labor force rose from 6,312 in March 2007 to 8,109 in March 2008.Jackson County employers continue to create new jobs, but not fast enough to keep pace with a growing workforce.Employment gains came in leisure and hospitality, health care and social assistance, and local government education, regional economist Guy Tauer said.Neighboring Josephine County saw its unemployment rate climb from 9.3 percent to 9.5 percent last month.Wow 9.5% unemployment.
Oregon's Unemployment Rate Up In March
2008-04-14 21:30:00 From the Portland Business Journal:Oregon's unemployment rate in March rose 0.3 percent to 5.7 percent.The U.S. unemployment rate rose to 5.1 percent in March from 4.8 percent in February.In March, Oregon's seasonally adjusted nonfarm payroll employment declined 2,700, following a revised gain of 900 jobs in February.In March, several major industries recorded substantial seasonally adjusted job declines: trade, transportation, and utilities (-1,600 jobs), manufacturing (-1,300), construction (-700) and leisure and hospitality (-700).The losses were partially balanced by seasonally adjusted job gains in educational and health services (+1,300 jobs) and government (+1,100).
Husband?s Current Project Looks?Different
2008-04-14 21:09:00 My husband’s working on the movie “Hancock.” This project is keeping him till the wee hours of morning every night, so I finally got really curious and checked out the trailer. (As you know, I get annoyed about many things my husband does, but NEVER his work hours. That happens when you start out being ...
By: Husbands
WSJ Survey: U.S. Economy In Recession, Further To Fall
2008-04-10 23:55:00 The Wall Street Journal?s Phil Izzo talked about the latest Journal forecasting survey of 55 economists. Izzo wrote: The weakening U.S. economy has further to fall, according to the majority of economists in the latest Wall Street Journal forecasting survey. By a 3-to-1 margin, respondents said the economy is in a recession, and almost three quarters ...
By: Boom2Bust.com
Economists Predict 6% Jobless Rate, 2 Million Lost Jobs
2008-04-08 00:47:00 Earlier today I read an interesting article that discussed the U.S. employment outlook and which jobs may or may not be good bets in a deteriorating economy. Martin Crutsinger of the Associated Press wrote: While the downturn is expected to be short and mild, economists are still forecasting the unemployment rate, which jumped to 5.1 ...
By: Boom2Bust.com
Florida Alert: Your Personal Protection Could Mean Your Unemployment
2008-04-07 19:15:00 Last week, I urged you to support SB 1130, the “Preservation and Protection of the Right to Keep and Bear Arms in Motor Vehicles Act of 2008.” I understand that the Senate has now adopted the House version of the bill, HB 503, and it will come up for a final vote next week. ...
By: Gun News
Malaysia Unemployment Rate May Increase
2008-04-07 11:43:00 The effect of massive job loss in the US may hit Malaysia soon, possibly increasing the national unemployment rate, which sits at 3.5% as of the year 2007. US is rapidly going into the recession mode as the weakening of the US dollars continues. As far as the US economy is concerned, no news is good ...
By: Skor Career
Unemployment Rises As Economy Slips Further Into Recession
2008-04-05 19:22:00 Unemployment rates rise as ninety eight thousand employees lose their jobs in March. The official tally is supposed to be eighty thousand but that takes into account the gains made by labor in education, health care, leisure and government hiring. A new look at the job market released by the Labor Department Friday underscores the ...
HOLY SMOKES BATMAN! 80,000 Jobs Slashed In March!
2008-04-04 22:00:00 By- Suzie-Q @ 1:00 PM MST Employers Slashed 80,000 Jobs in March JEANNINE AVERSA | April 4, 2008 09:21 AM EST | WASHINGTON ? Employers buffeted by talk of recession slashed 80,000 jobs in March, the most in five years and the third straight month of losses. At the same time, the national unemployment rate rose ...
By: Suzie-Q
Economic Woes Force Baby Boomers To Put Off Retirement
2008-04-02 13:43:00 Some years ago I remember reading an article that said how the employment outlook was incredibly bright for Generations X and Y, as the Baby Boomers were fast approaching retirement age. Because economists and demographers were predicting a huge exodus of Boomers from the workplace, companies were trying to figure out ways to retain ...
By: Boom2Bust.com
Help put Thelma Drake in the unemployment line!!
2008-03-29 18:48:00 VA-02 is, in my opinion, one of our best chances to pickup a congressional seat in Virginia and as Lowell pointed out early last week, the DCCC agrees. Let’s help VA-02 elect Glenn Nye and thereby put one of America’s worst public servants in the unemployment line! From a message I received this morning on Facebook from Glenn Nye: Friends, March 31st is an extremely important deadline for Glenn’s Campaign–its the day he has to file his first fundraising report! Thelma Drake, our opponent, had Dick Cheney host a fundraiser for her, but we can win if YOU help. Can you contribute $25 or $15 or even $5? http://glennnye.com/contributio-ns We’ve been seeing it a lot this year, time and again–change begins when we all work together. Small donations, when lots of committed people stand as one voice, can beat the rich and powerful. Can you get five friends to contribute $5? http://glennnye.com/contributio-ns Thank you for your interest in changing...
By: Too Progressive
SA's unemployment rate drops
2008-03-28 10:43:00 Statistics South Africa's latest Labour Force Survey finds that the country's unemployment rate decreased to 23% in the third quarter of 2007 - a record low since the survey's inception in 2001 - with major beneficiaries of jobs being women and the growing black middle class.
SA's unemployment rate drops
2008-03-28 10:43:00 South Africa's unemployment rate decreased to 23% in the third quarter of 2007 - a record low since 2001 - with major beneficiaries being women and the country's growing black middle class.
The Real American Unemployment Rate & Future
2008-03-27 23:31:00 America's Economic MeltdownThe entire global financial structure is becoming uncontrollable in crucial ways its nominal leaders never expected. Instability is increasingly its hallmark?.Contradictions now wrack the world?s financial system, and if we are to believe the institutions and personalities who have been in the forefront of the defense of capitalism, it may very well be on the verge of serious crisis.Americans have dumped trillions of their hard-earned savings into risky hedge funds which have only been in existence for a short period of time. No one knows what the future holds for these ?flash-in-the-pan? investments.The credit derivative market was almost nonexistent in 2001, grew fairly slowly until 2004 and went into the stratosphere, reaching $17.3 trillion by the end of 2005.That?s right; a whopping $17.3 trillion, enough to sink the entire economy if the market takes a nose dive.This whole idea of re-selling debt is a relatively new phenomenon and fraught with peril...
Pay Commission report would result in more unemployment:CPI
2008-03-25 04:50:00 The rationalization of manpower through reduction of categories of employees proposed by the Sixth Pay Commission on Monday drew flak from the CPI, a key outside supporter of the UPA government, which said it would result in more unemployment.
By: Latest News
For Whom The Bell Tolls
2008-03-25 02:12:00 The first in a new ?series? on Boom2Bust.com, similar to ?Signs Of The Time? and ?Weird Housing Tales.? Bloomberg?s Yalman Onaran tallied up the job losses so far on Wall Street since July 2007, when securities firms started letting go mortgage-related personnel: Firm & Positions Cut Citigroup 6,200 Lehman Brothers 4,990 Bank of America 3,650 Morgan Stanley 2,940 Washington Mutual 2,600 Merrill ...
By: Boom2Bust.com
Recession and unemployment: Makes no difference to me
2008-03-13 10:08:00 Below you will find an article which gives out tips on surviving a recession. Whether you are in the U.S. or somewhere else, recession or recession like existence is palpable and is almost with us if not already there. I must confess, since three years ago, I have been on my own “personal recession”. Coping with semi-retirement because of an illness was something I had to deal with, mostly on my own. Friends and former co-workers were busy, my family had their own individual concerns. Being alone helped me once again test my mettle against this temporary financial setback.Wherever and whenever applicable, I had the chance to use in more ways than one, the tips similar to those offered by the author. The fact is, my situation is a work in progress :-) Tips for surviving a recessionBy : Kathleen Pender Face it. The odds of a recession have grown. That's why the Fed slashed interest rates this week and why President Bush and Congress are eager to get checks into the ...
JPMorgan Chase Warns Of Systemic Margin Call, 30% Home Price Decline
2008-03-11 01:13:00 On Saturday, Reuters reported that Wall Street banks may be subject to a ?systemic margin call? that might deplete the financial institutions of $325 billion of capital, as subprime mortgages continue to deteriorate, JPMorgan Chase & Co. said in a report late Friday. After Thornburg Mortgage Inc. received a default notice after the lender ...
By: Boom2Bust.com
How You Can Collect Unemployment Posted By :
2008-03-07 16:10:00 This article has important tips and information on how you can get money without a job. A recent study by United College Marketing Services has shown that student credit lines have increased to over $6,000. Credit card usage has tripled since 2001 amongst teenagers as well. Since eighteen year-olds in many countries and most U.S. states are eligible for a card without parental consent or employment, the likelihood of increased balances, unwise use of credit and damaged credit scores increases. Read more about Finance and Credit.
The Event In The US We Call Unemployment Posted By :
2008-03-07 16:10:00 This article gives you information on what unemployment is like in the united states. Personal finance is the application of the principles of finance to the monetary decisions of an individual or family unit. It addresses the ways in which individuals or families obtain, budget, save and spend monetary resources over time, taking into account various financial risks and future life events. Components of personal finance might include checking and savings accounts, credit cards and consumer loans, investments in the stock market, retirement plans, social security benefits, insurance policies, and income tax management.
Lindsay Lohan Joins The Unemployment Line
2008-03-05 22:56:00 Actress Lindsay Lohan attended the Paper Magazine “March Issue” luncheon, which was held at the Sunset Marquis Hotel & Villas in West Hollywood on Tuesday. The troubled starlet, who is best known for her roles in Mean Girls and Freaky Friday, sat down with the magazine to discuss her worries about becoming an out-of-work actress. Lindsay admitted ...
By: The.DERRTY Truth
Falcons send QB Harrington to unemployment line
2008-03-05 15:11:00 The Falcons, who cut quarterback Byron Leftwich earlier this offseason, released quarterback Joey Harrington on Wednesday. Read More: ESPN.com news services
By: NFL Connection
Southern Oregon Unemployment At Recession Levels
2008-03-04 23:53:00 From the Mail Tribune:Job losses in retail, construction, manufacturing and tourism shot Jackson County's unemployment rate to 7.6 percent in January, the highest in three years.Employment Department figures showed payroll employment declined by 4,080 jobs in January, with about three-quarters of them lost because of seasonal cutbacks in the retail trade sector. Over the year, payroll employment rose by 1,160 jobs, but that wasn't enough to counter losses in the other sectors.An estimated 7,845 people are idled out of a work force of 102,837. The county's unemployment rate is worse than the national rate, which is 4.9 percent, and the state rate, which is 5.5 percent.But it's better than other Southern Oregon counties: Josephine posted 9.5 percent unemployment in January, Douglas 9.9 percent and Klamath 10 percent.January saw a reduction of 200 construction jobs, leaving a loss of 160 positions over the past 12 months. Tauer noted job counts are now beginning to fall, following ...
Economic Crunch (The Ice Cream)
2008-03-04 18:41:00 I?m a sucker when it comes to ice cream. I absolutely love it, even when it?s freezing outside. While I never turn away any kind of ice cream (?give it to Mikey, he?ll eat anything?) I often eat Ben & Jerry?s Ice Cream from Vermont. According to their website, Ben Cohen and ...
By: Boom2Bust.com
Unemployment rate held steady at 3.8 percent in January
2008-03-02 00:00:00 {mosgoogle right}TOKYO (AP) -- Japan's jobless remained unchanged at 3.8 percent in January from the month earlier, the government said Friday.The January figure, released by the Ministry of Internal Affairs and Communications, matched forecasts by economists polled by Dow Jones.The ministry said the total number of jobless was down 80,000 on year, marking the 26th consecutive month of decline.The rate dropped to 3.8 percent in November after registering 4.0 p ...
Sacramento's Unemployment Rate Reaches 6.4 Percent
2008-03-01 01:00:00 The unemployment rate rose to as high as 6.4 percent in the Sacramento area. The area lost 14,000 jobs from December to January. The highest job losses were related to retail with a loss of 5,400. California currently has one of the highest unemployment rates across the country at 6.3 percent. The nation's unemployment rate stands at 5.4 percent.
Consumer Sentiment: Half-Full Or Half-Empty?
2008-03-01 00:13:00 One event. Two different interpretations. Is consumer sentiment improving, or getting worse? I?ll let you decide? ?US late Feb Reuters/Michigan consumer sentiment rises to 70.8 UPDATE? Forbes, February 29, 2008 Consumer sentiment, as measured by the Reuters/University of Michigan index, rose more than expected to 70.8 in late February from a reading of 69.6 in ...
By: Boom2Bust.com
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