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Spain’s Socialists Face Losses Over 20% Unemployment

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Spain’s Socialists Face Losses Over 20% Unemployment

From AFP: In the face of a possible major defeat at the polls, Spanish ruling party’s candidate for prime minister in the country’s November elections, Alfredo Perez Rubalcaba, has pledged to cut record unemployment and shield education and health care from spending cuts. Rubalcaba, who was interior minister and deputy prime minister, is the Socialists’ candidate […]

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Wages Down, Consumers Spend Less, Growth Slows

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Wages Down, Consumers Spend Less, Growth Slows

From Bloomberg News: Take-home pay and wages, adjusted for prices, fell 0.3 percent in August, the third decrease in five months, and personal income dropped for the first time in two years, the Commerce Department reported last week. The declines followed news from the Census Bureau that median household income in 2010 fell to $49,445, the lowest […]

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Manufacturing Activity Up in Sept., 26th Consecutive Month

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Manufacturing Activity Up in Sept., 26th Consecutive Month

The economy is showing clear signs that it is improving with manufacturing activity rising for the 26th consecutive month. Unfortunately it is improving very slowly as the 03 Oct 2011,  Institute for Supply Management Report On Business report indicates. From the Institute for Supply Management: Economic activity in the manufacturing sector expanded in September for the 26th […]

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Online Job Listings Declined in August, 3.5 Seekers for Every Job

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Online Job Listings Declined in August, 3.5 Seekers for Every Job

The number of online advertised job listings were down 43,500 in September to 3.94 million, according to The Conference Board Help Wanted OnLine Data Series, released today, 28 Sept. 2011. The September drop follows a decline of 164,000 in August and a decrease of 217,000 in July. The Supply/Demand rate stands at 3.50, indicating there were 3.5 unemployed […]

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America’s Sputtering Economy by the Numbers

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America’s Sputtering Economy by the Numbers

By Braden Goyette ProPublica America’s Sputtering Economy, by the Numbers. With increasing signs that the economy is laboring [2], most economists agree that a short-term infusion of spending, or an extension of this year’s temporary cut in Social Security taxes, could help fend off a new downturn. But whatever one thinks of the debt deal […]

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Do Regulations Really Kill Jobs? Not So Much

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Do Regulations Really Kill Jobs? Not So Much

By Marian Wang, ProPublica It’s become a mantra on Capitol Hill and a rallying cry for industry groups: Get rid of the job-killing regulations. In recent days, with nearly every one of the GOP presidential [1] candidates [2] repeating [3] that [4] refrain [5], the political echo chamber has grown even louder. Earlier this month, […]

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Economy Still in a Recession 75% of U.S. Says

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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% […]

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About Unemployment Insurance in the United States

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About Unemployment Insurance in the United States

About Unemployment Insurance in the United States If you lost your job through no fault of your own, you may be eligible for unemployment compensation. The program meant to keep you up on your feet and putting food on the table until you can find your another source of income. However this gravy train has […]

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Half of Americans Report Job-Related Hardships

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Half of Americans Report Job-Related Hardships

New research reports what you probably already know: recession job-related hardship. We all know it’s rough out there on the job, but the experts at the respected Pew Research Center have delivered new numbers on what they’re calling the Great Recession – great not because we love it so much, but because it’s been longer […]

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