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Search results for: “Great Recession”
Inflation Posts Highest One-Month Gain Since Great Recession
13/07/2021 Comments Off on Inflation Posts Highest One-Month Gain Since Great Recession
MANHATTAN (CN) — Inflation jumped nearly 1% again last month, with the hot economy seeing the largest one-month increase since the early days of the Great Recession. Core inflation — a measure of prices, sans food and energy — and headline inflation — which measures all goods — both increased by 0.9%, about double what […]
Continue reading …On the Road With the Casualties of the Great Recession
19/09/2017 Comments Off on On the Road With the Casualties of the Great RecessionTo write “Nomadland,” Jessica Bruder spent three years traveling and working alongside grandparents and others living in school buses and vans seeking seasonal work.
Continue reading …No Occupation Spared By Great Recession: Unemployment Up For All Jobs
01/02/2013 Comments Off on No Occupation Spared By Great Recession: Unemployment Up For All Jobs
Unemployment is up for all. The Great Recession took down ALL occupations, even those supposedly in demand. A new study from the Economic Policy Institute shows how unemployment increased for all occupations during the five years from 2007 to 2012. This parallels a lack of new jobs following the recessions. Slack demand for American workers […]
Continue reading …The most effective way to prepare for a recession is to strengthen the way your business operates today. HR professionals share lessons they learned during the Great Recession.
Continue reading …How HR Can Prepare for the Next Recession
21/02/2017 Comments Off on How HR Can Prepare for the Next Recession
Nearly 9 million Americans lost their jobs during the last recession. The unemployment rate peaked at 10 percent. More than 170,000 small businesses closed. And it could happen again—maybe this year.Recessions are less predictable than taxes but as inevitable as death. Business cycles tend to run for seven or eight years, and the most recent economic downturn—the Great Recession—ended in June 2009. The chance of another slump this year is 20 or 25 percent, according to Gregory Daco, head of U.S. macroeconomics for Oxford Economics, a U.K.-based economic forecasting group. (The odds of the pendulum swinging the other way and the economy growing at a higher rate are roughly the same, he says.)
Continue reading …Gallup: Fewer Will Rely On 401(k) in Retirement Than Pre-Recession
02/05/2014 Comments Off on Gallup: Fewer Will Rely On 401(k) in Retirement Than Pre-Recession
Retired Americans rely on Social Security as a major source of income By Rebecca Riffkin, Gallup Prior to the Great Recession, most Americans planned to rely on a 401(k), IRA, Keogh, or other retirement savings account when they retire. Today, 48% of Americans say they would rely on a 401(k) account in retirement — a […]
Continue reading …Record One-in-Five Households Has Student Loan Debt, Burden Greatest On Young, Poor
27/09/2012 Comments Off on Record One-in-Five Households Has Student Loan Debt, Burden Greatest On Young, Poor
By Richard Fry, Pew Research Center— Nearly one out of five (19%) of U.S. households owed student loan debt in 2010. That’s more than double the share two decades earlier and a significant rise from the 15% that owed such debt in 2007, just prior to the start of the Great Recession, according to a […]
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From Paul Smith’s Welcome to the Occupation: A few weeks ago on a sunny Philadelphia Saturday or Sunday morning, I received a FourSquare notification that Frank Roche (of KnowHR fame) checked in at his place of work, IFractal. Since I was also at work myself, I saw this as an opportunity to take a break, […]
Continue reading …Economy Still in a Recession 75% of U.S. Says
26/09/2011 Comments Off on Economy Still in a Recession 75% of U.S. Says
Although it officially ended in 2009, 75% of the U.S. population says the economy is still in a recession and 60% don’t think the economy will improve soon, according to a recent Gallup poll. American’s are the least optimistic about the future than they have been in 20 years, according to Gallup. In 1991-1992, About 80% […]
Continue reading …Wages Grow at Strongest Pace Since 2009
01/11/2018 Comments Off on Wages Grow at Strongest Pace Since 2009U.S. employers added 250,000 jobs and unemployment remained low at 3.7 percent in October—but wage growth is the best news for workers, with pay topping 3 percent year over year for the first time since the Great Recession.
Continue reading …- Celebrating the Resilience of Low-Income Women
- CEOs Get to Retire Comfortably. Workers Like Me Deserve the Same.
- Jobs Increased 339,000 In May, Unemployment Up 0.3% To 3.7%
- The decline of job creation at new establishments
- Contractor faces 2 serious citations after US Department of Labor finds safety failures led to welder’s death at Bonner Bridge demolition project
- Investigation into worker’s severe arm injury finds Cusseta auto parts manufacturer, supplier willfully ignored safety precautions
- ‘It’s a sweat factory’: Instacart workers ready to strike for pay and conditions
- Ships backed up outside US ports pumping out pollutants as they idle
- Privacy fears as Moscow metro rolls out facial recognition pay system
- ‘We are not machines’: Hollywood workers poised to strike for better conditions
- Boeing pilot indicted for allegedly deceiving US regulators over 737 Max
- Ipswich apprentice butcher encourages others to consider industry
- Ipswich apprentice butcher encourages others to consider industry
- Over 10,000 John Deere workers strike over ‘years’ of poor treatment
- Corporations are pledging to be ‘water positive’. What does that mean?
- US Department of Labor investigation of crane collapse, double fatality on Interstate 10 finds Lufkin company failed to assemble crane properly
- For the 6th time in 7 years, federal inspectors find Illinois contractor putting construction workers at risk of industry’s deadliest hazard
- US Department of Labor proposes $83K in fines to healthcare facility for failing to protect workers from coronavirus hazards
- Facebook says it will do more to prevent online hate, harassment
- As U.S. prepares to reopen border, some urge Canada to relax testing requirement
- Biden orders companies to ease supply chain bottlenecks or he’ll ‘call them out’
- What is the ‘new model’ the EU is proposing for Northern Ireland?
- Apple to make 10 million fewer iPhones due to microchip shortage
- US Department of Labor, Mexican Consulate in Boston enter alliance to promote workplace safety, health among New England’s workers
- US Department of Labor sues Austin luxury car dealer that retaliated against employee who raised concerns of coronavirus hazards
- Vaccine hesitant New Yorkers consider leaving the city as mandates take effect
- Carbon emissions ‘will drop just 40% by 2050 with countries’ current pledges’
- House passes bill to raise US debt ceiling through early December
- ‘The stakes couldn’t be higher’: GE urged to invest in green US jobs
- Zellers returns — kind of — but the lowest price isn't quite the law
- Cement makers across world pledge large cut in emissions by 2030
- India faces electricity crisis as coal supplies run critically low
- California justice department to investigate enormous oil spill