The unemployment rate has reached a five year low which means there has been an impressively good improvement in the U.S. job market. U.S. released the data for unemployment and it really did surprise us. The solid job growth in November has the brought down the U.S unemployment rate to just 7 percent. This could also mean more hiring and ... Read More »
Eurozone unemployment Hits Historic 10.9 Percent
The unemployment rate in the Europe has reached a record high percentage of 10.9. In times like this we really have to wonder, what are our ‘leaders’ doing? Why did they let this happen? From the looks of it, all efforts to recover the economy seems futile. While the world at large seems to be doing good, Eurozone has continued ... Read More »
Obama kicks off 2012 re-election campaign
Looks like President Obama is all set to give his 2nd term a shot. He started his re-election campaign way ahead of the Republicans who are still struggling to find a good candidate. Looks like Obama wants to milk on all the good news regarding the improving economic conditions and the unemployment rate continuously dipping. Obama, a Democrat who won ... Read More »
Jobs Available, Unemployed Need Not Apply!?
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 »
Michigan Unemployment
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 »
US Economy grew Faster than thought
The US economy grew at a faster pace than initially thought, figures show. The economy grew at an annualised rate of 2.5% in the July-to-September period, up from an earlier estimate of 2%, the Commerce Department said. Earlier this month, the US Federal Reserve said it would pump $600bn (£373bn) into the economy to try to boost the economic recovery. ... Read More »
US on the brink of becoming a Third World Country?
Looks like the American way of Living, popularly advertised as the American Dream is taking a beating right now. American standard of living was popularly advertised as the highest standard of living in the world in the 50s and 60s. Here is a banner proving it : It used to be, there is no denying that. But more recently during ... Read More »