Recent Posts Tagged With 'unemployment'

• 11 Million Americans out of work

  Posted on Friday January 9th, 2009 at 10:04 in finance, Government, job, unemployment, private sector

  In an earlier article today entitled: $10 Million for a job poorly done, we discussed how two ousted Dell Senior manager where giving huge payouts to leave, well now we have to add them to the unemployment numbers for 2009. I am sure their going to w...

• England cuts rates – Everyone wants to print money

  Posted on Thursday January 8th, 2009 at 07:49 in finance, Government, England, international, corporate, unemployment, pound, bank of england, central bank, rate cut

  In move that aligns it self closer to other modern economies including Japan, US, and Europe, the Bank of England has cut its benchmark rate by half a percentage point. The move is seen as an effort to help the struggling economy and provide further ...

• Unemployment not a good indicator

  Posted on Monday December 8th, 2008 at 08:29 in Personal, Government, unemployment, hungry, real news, food stamp, underemploy

  Unemployment numbers last week did not look good, 6.7%. The worst part, is that it doesn’t address the full scale of employment issues in our economy.   When times are good, if you lose your job, you can sit back and wait a little bit.  After...

• Dow Chemical to cut 5,000 full time jobs

  Posted on Monday December 8th, 2008 at 07:40 in finance, contractors, jobs, corporate, unemployment, layoffs, job loss, dow chemical, layoff, job cuts

  The AP announced recently, Dow Chemical to cut 5,000 jobs, close 20 plants.   That equates to 11% of the company’s total workforce.   We should change the name of the site to Why Jobs Get Cut … there have been so many job cuts recently....

• November 2008: Unemployment Up, 533,000 jobs lost

  Posted on Friday December 5th, 2008 at 10:39 in unemployment, november, layoffs, job loss, layoff, job cuts, job cut

  The most jobs lost in 34 years. This doesn’t even take into account the recent layoffs in December. According to November: Most jobs lost in 34 years, we’re in for one hell of a new year. While unemployed jumped to 6.7%, that is just shy ...

• Icelanders protest their Central Bank

  Posted on Tuesday December 2nd, 2008 at 19:27 in politics, europe, european, Iceland, Economy, international, banks, banking, bank, inflation, scandinavia, unemployment

  What can you do?  If your central government runs the nations politics and economics into the ground?  No, not the US (yet), Iceland.  Icelanders protested and stormed the central bank over economic tensions.   “Iceland has seen its banks a...

• Claims for Weekly unemployment reach a 16 year High

  Posted on Thursday November 20th, 2008 at 10:08 in unemployment, workforce, private sector, jobless claims, continuing claims, four-week moving average, seasonally adjusted claims

  Workers have filed a 16 year high of new jobless claims in the week ending Nov 16th. This comes as employers are faced with harsh economic reality and are forced to reduce the size of the labor force.     “The latest data has added to fears that ...

• Citigroup — to cut jobs by 14%, 50,000 jobs lost

  Posted on Monday November 17th, 2008 at 07:50 in finance, corporate, unemployment, citigroup, subprime, recession, job cut, jobs lost

  Bloomberg.com reports Citigroup’s Pandit to Reduce Headcount by 50,000, Cut Expenses. After many other job cut announcements, Fidelity cuts 1300 jobs (and many more job cuts), here comes a big one.  Citigroup announces that it will reduce expe...

• Retails sale see record decline in October.

  Posted on Friday November 14th, 2008 at 10:44 in finance, unemployment, decline, recession, retails sale

  As the United State is heading into recession sales data shows a decline of 2.8% in October from September with a 4.1% decline form October 2007. Consumers are faced with plunging stocks, rising unemployment and general concern about the state of the...