Tag Archives: recession

With US unemployment rate over 9% a new disturbing trend seems to be followed among recruiters. Many recruiters make it clear that they do not want the unemployed to apply for a job opening. A New disturbing trend that is rise among US recruiters. If this continues we can only watch the unemployment rate continue to increase. In 2008, Michelle, ... Read More »

Rising unemployment and foreclosure rates, particularly in the South Atlantic and Mountain states, has raised the economic difficulties of the nation in November, according to a monthly anlysis of The Associated Press. A month after the economic stress has reached the age of 18 months at the national level low, it increased in three quarters of 3141 counties in PA ... Read More »

Progress in pulling the American economy out of recession has been “painfully slow”, US President Barack Obama has said. “The hole the recession left was huge and progress has been painfully slow,” he told a White House news conference. Mr Obama has made three speeches on the economy this week, as it looms as the major issue for the US ... Read More »

A long awaited rumors have come to pass today after 3G capital purchased the burger king for $ 2.26 billion. The fast food chain, with 12,100 outlets worldwide, had been the subject of takeover rumours for days. Burger King floated on Wall Street in 2006, four years after being bought by a group of private equity firms. The group – ... Read More »

After a shaky recovery from last year’s terrible recession, people of America hoped that they are finally moving forward towards a better future that will be loan free with a good income generating job. As deep as our rightful desire to earn goes, the deep that it hurt us to know that we are indeed moving very backward . Some ... Read More »

The  temporary burial of Interest rate in the world  has again CAME  back to life. Is it  ridiculous, well Australian Government has come out and declared that  the  interest rate will be  increased to  3.25%  from  3%. Australia who avoided   the Recession last year was  a lone nation to survive from the wrath of  Economy downfall when the entire  world ... Read More »

The California Gold rush is back after 160 Years. This time it seems to be recession driven. The number of people coming to California to pan for gold is up as the economy has gone down. Professional gold panners say they make an average of $60 to $80 in a day, but most amateurs who do it recreationally make significantly ... Read More »