More homebuyers can enjoy tax credit Nov 20, 2009
Jobless workers in states with high unemployment rates are eligible for an extension of up to 20 weeks. On Friday, the government announced the unemployment rate exceeded 10 percent for the first time since 1983. (The News-Press -- Business)
State's Home Loan Pain Grows: Foreclosure, Delinquency Rate Soars Nov 20, 2009
Connecticut's unemployment rate jumped to 8. 8 percent in October, the state Department of Labor said Thursday. (FOX61, CT)
Yen Trades Near Six-Week High as Global Stock Losses Reduce Risk Demand Nov 20, 2009
Dallas Fed President said yesterday in Washington it will be some time before the unemployment rate falls below 10 percent. Fisher said the 3. (Bloomberg -- Japan)
State Unemployment Jumps To 8.8 Percent Nov 20, 2009
Connecticut's unemployment rate jumped to 8 ... Nationally, the unemployment rate was 10 ... With an unemployment rate of 8. (FOX61, CT)
Stimulus Equals Deception Nov 20, 2009
Not even the slightest bit of help to an unemployment rate higher than anything we've seen in over two decades. . (Townhall.com)
County jobless rate dips slightly Nov 20, 2009
Published: Thursday, November 19, 2009 7:42 PM EST Despite an upward trend in the New York state unemployment rate, Oswego County saw a slight decrease in unemployment in October, as the number of unemployed county residents fell from 9. 4 percent in September to 9. (Oswego Palladium-Times, NY)
Revenue forecast puts budget gap at $2.6 billion through mid-2011 Nov 20, 2009
3 percent unemployment rate is expected to peak at about 9. 8 percent next spring. (Longview Daily News, WA)
They were wrong about Medicare, too Nov 20, 2009
Don t you think it s an amazing coincidence that this current DC bunch passed a bill less than 3 wks after the inauguration, within a matter of hours, unread, that was almost exactly for the same amt of money, that they called an economic stimulus & promised would prevent the current unemployment rate of 7. 6% from exceeding 8. (Atlanta Journal-Constitution -- Opinion)
Foreclosures Hitting People With Good Credit Nov 20, 2009
After a typical recession, foreclosures peak about six months after the unemployment rate does. But the process could take longer this time, in part because loan-modification programs and new state laws have prolonged the process. (Click2Houston, TX)
Gem state schools face cuts, agencies may be eliminated Nov 20, 2009
But Rusche said lawmakers shouldnt gut valuable training and education programs necessary to help Idaho rebound from the economic doldrums and a 9 percent unemployment rate. I dont think anybody can really expect to hold those budgets harmless, Rusche said. (Ontario Argus Observer, OR)
Steep Revenue Drops Worry Mayors... Nov 20, 2009
Beyond budget and services cuts, the mayors discussed new ways to raise revenue at a time when incomes are stagnant and the national unemployment rate is at 10. 2. (The Drudge Report)
Click to read:14 Percent of U.S. Homeowners In Peril Nov 20, 2009
The Mortgage Bankers Association's report Thursday adds to fears that the housing market and broader recovery could be thwarted by the continuing surge in home loan defaults, especially as the unemployment rate keeps rising ... Just for you idiot americans to understand this line that I am posting from the PBS" Documentry the "Warning" an interview of the former "CFTC" chair woman "brooksely born" So we're the losers. Who were the winners? I think the profits made by the over-the-counter... (CBS News)
New Jobless Claims Unchanged at 505K Nov 20, 2009
Even as claims are falling and the economy has started growing, the unemployment rate is continuing to rise. It jumped to 10. (CBS News)
Mortgage delinquencies hit record high Nov 20, 2009
The Mortgage Bankers Association's report Thursday suggests the housing market and broader recovery could be thwarted by the continuing surge in home loan defaults, especially as the unemployment rate keeps rising. Lost jobs, rather than the shady loans made during the housing boom, are now the main reason homeowners fall behind on their mortgages. (MSNBC -- Business)
Geithner Under Fire on Economy... Nov 20, 2009
Although the economy appears to be growing again, lawmakers face increasing pressure in their districts to do more to boost growth and address an unemployment rate now at 10. 2% and expected to rise. (The Drudge Report)
School has problems filling food baskets Nov 20, 2009
According to the Office of Social and Economic Data Analysis () the unemployment rate this year is about 15 percent. More than half the workers commute outside the county. (Park Hills Daily Journal, MO)
Jobless claims show layoffs ebbing Nov 20, 2009
The insured unemployment rate, which measures the percentage of the insured labor force that is jobless, was steady at 4. 3 percent in the week ended Nov. 7. (MSNBC -- Business)
Low-Cost Tools to Kickstart Your New Business Nov 20, 2009
Since the start of the recession in December of 2007, the U.S. economy has shed approximately 6 million jobs, and the unemployment rate has topped 10 percent for the first time in decades. For management-level professionals, outplacement experts warn that it takes a month of job searching for every $10,000 in salary you re looking to replace. (SmallBusinessComputing)
As jobs remain elusive, foreclosures rise again Nov 20, 2009
With the state unemployment rate at 8 ... Nationally, the unemployment rate hit 10. (Boston Globe)
State jobless rate declines, bucking trend Nov 20, 2009
The Massachusetts unemployment rate dropped last month for the first time in two years, and job losses slowed - signs the state s beleaguered job market may be stabilizing ... The unemployment rate could rise again in the next month. (Boston Globe)
Albany region lost 9,200 jobs in past year Nov 20, 2009
The region, however, continues to outperform the state s 9 percent unemployment rate and the country, which has 10. 2 percent unemployment rate. (Albany Business Review, NY)
Indicators point to firmer economy; AOL layoffs ahead Nov 20, 2009
Even as claims are falling and the economy has started growing, the unemployment rate is continuing to rise. It jumped to 10. (USA Today -- Money)
Mortgage delinquencies hit record-high in 3Q Nov 20, 2009
The Mortgage Bankers Association's report Thursday adds to fears that the housing market and broader recovery could be thwarted by the continuing surge in home loan defaults, especially as the unemployment rate keeps rising. Lost jobs, rather than the shady loans made during the housing boom, are now the main reason homeowners fall behind on their mortgages. (USA Today -- Money)
Hoffman: Local job market recovery distant Nov 20, 2009
Arizona s unemployment rate for October was 9. 3 percent, up from 9. (Phoenix Business Journal, AZ)
Canada Wholesale Sales Increase Less Than Forecast as Auto Sales Decline Nov 20, 2009
Economic growth stalled in July and August and the unemployment rate climbed to 8. 6 percent in October. (Bloomberg -- Canada)
Wisconsin unemployment rate holds Nov 20, 2009
The state of Wisconsin s unemployment rate for October was 7 ... On a seasonally adjusted basis, Wisconsin's unemployment rate remained unchanged at 8 ... Wisconsin s unemployment rate is at its lowest point of the year, continuing a decline that began in June and remaining below the national rate, Workforce Development Secretary Roberta Gassman said. (Milwaukee Business Journal, WI)
Illinois unemployment hits 11% Nov 20, 2009
(AP) Illinois' unemployment rate has hit its highest level since August 1983. The Illinois Department of Employment Security says the state's seasonally adjusted unemployment rate was 11 percent in October. (Crain's Chicago Business)
Kentucky's Oct. jobless rate hits 11.2% Nov 20, 2009
Kentuckys October unemployment rate hits 11 ... Kentuckys October unemployment rate hits 11 ... Kentucky s seasonally adjusted preliminary unemployment rate for October increased to 11. (Louisville Business First, KY)
MN adds jobs in October, but unemployment climbs to 7.6% Nov 20, 2009
The state s unemployment rate, however, climbed 0 ... A gain in jobs combined with an uptick in the unemployment rate are consistent with what economists often expect at the turning point of a recession, DEED Commissioner Dan McElroy said in a statement. (Twin Cities Business Journal, MN)
A plan without a strategy Nov 20, 2009
The official third quarter 2009 unemployment rate (narrow definition) stands at 24. 5 percent it is probably considerably higher. (iAfrica.com)
Obama warns of 'double-dip recession' Nov 19, 2009
With the U.S. unemployment rate at 10. 2 percent, Obama told Fox News his administration faces a delicate balance of trying to boost the economy and spur job creation while putting the economy on a path toward long-term deficit reduction. (MSNBC -- Business)
Quirky Pet Businesses Worth Barking About Nov 19, 2009
com Posted: 19 November 2009 1541 hrs. " onclick="Next();" src="/images/butt_next. (Channelnewsasia.com)
unemployment rate Nov 19, 2009
7% - Philadelphia Business Journal. for free extra services. (Philadelphia Business Journal, PA)
Impasse: Union, school district far apart on contract talks Nov 19, 2009
brian who wrote on Nov 15, 2009 3:06 PM:" I love these posts with inside information..... and from one who is obviously one of the insiders negotiating... who posts stuff about the salary of negotiating attorneys for the district?? Obviously the district will just have to live with the custodian decision. Folks are losing jobs all over the nation, if you dont like your salary scale, get more technical skills and education... that's our system! Work hard and improve yourself... this collective... (Wasilla Frontiersman, AK)
US stocks end mainly lower Nov 19, 2009
"Individual investors continue to remain on the sidelines viewing the high unemployment rate and the difficulty of their hometown businesses to obtain financing as reasons to stay away from the equity markets," he said. "Some are even selling stocks that have returned to price levels seen ahead of the Lehman collapse in September 2008 that triggered the ugly phase of the credit crisis.". (India Times)
The Worst Isn't Over Nov 19, 2009
While America's official unemployment rate is already 10. 2 per cent, the figure jumps to a whopping 17. (The American Conservative)
Four Seasons, Jumeirah Planning First Hotels in Brazil as Economy Recovers Nov 19, 2009
Brazils misery index as measured by the inflation rate plus the unemployment rate, fell to 11. 9 percent from 14. (Bloomberg -- Latin America)
Job losses in Georgia resist U.S. recovery Nov 19, 2009
"Employment levels will return to levels last seen in 1998, thereby wiping out the gains of an entire decade," writes Rajeev Dhawan, director of the center, who predicted the state's unemployment rate will peak at 10 ... The unemployment rate for metro Augusta -- which includes Burke, Columbia, McDuffie, Richmond, Aiken and Edgefield counties -- was 9. (The Augusta Chronicle)
Tribes invite businesses to reservations Nov 19, 2009
The ability to create new jobs is critical on Arizona's reservations, Nabahe said, adding that the Tohono O'odham Nation's unemployment rate is currently about 50 percent. Quannah Dallas, Salt River Pima-Maricopa Economic Development director, said it's an exciting time for the community, which broke ground Monday on a new spring-training facility for the Arizona Diamondbacks and Colorado Rockies major-league baseball teams. (AZCentral -- Business)
Consumer prices rise modestly in October Nov 19, 2009
Even though economists believe the downturn ended over the summer, the unemployment rate has continued to rise, hitting a 26-year high of 10 ... Fed pledges to hold interest rates lowFed Chairman Ben Bernanke said earlier this week that he expected inflation would remain "subdued for some time." Many economists don't believe the Fed will even consider beginning to raise interest rates until the unemployment rate peaks, probably next summer. (MSNBC -- Business)
Obama predicts renewed US growth in fourth quarter Nov 19, 2009
We anticipate economic growth next quarter as well," Obama said in an interview with Fox News from China. In percentage terms, the US economy grew at a seasonally adjusted 3.5 percent annual rate in the third quarter from the previous quarter. The growth exceeded analysts expectations and marked the strongest quarter since the third quarter of 2007 when a US subprime mortgage crisis triggered a global financial meltdown. Obama acknowledged that while the US economy was improving it would still... (Channelnewsasia.com)
US jobs conundrum Nov 19, 2009
In a speech last week, Richard Fisher, president of the Federal Reserve Bank of Dallas, said: "It may be some time before significant job growth occurs and even longer before we see meaningful declines in the unemployment rate.". That is not a pleasant thought for a nation that traditionally has subsisted on retail gluttony during the weeks leading up to Christmas. (Juneau Empire)
Business Booming In Shafter Nov 19, 2009
-- In a city with more than a 25 percent unemployment rate, Shafter city officials said they are focusing their efforts on bringing more jobs to the area. Shafter, like most cities in Kern County, is known for its agriculture industry, but city manager John Guinn said jobs in that area are still not enough. (KERO 23, CA)
From Chelsea to Lawrence, jobless residents fight uphill battle against stalled economy Nov 19, 2009
Some of the state s highest unemployment rates are found in area communities, where job seekers, career counselors hold out hope for stimulus to kick into gear ... 0), and farther north in Lynn, where the unemployment rate has jumped from 6. (Boston Globe)
LETTER: Obama dismantling free-market system Nov 19, 2009
even steven wrote on Nov 12, 2009 11:05 AM:" The Democrat's war on capitalism is just getting started. Hidden in the insane and Unconstitutional Pelosi government health care takeover bill is a 69% increase of the capital gains tax and a stealth provision to undermine state's abilities to limit attorney's fees or impose caps on damages. Coupled with the expiration of the Bush tax cuts, increased size of and spending by government, reduced purchasing power of the dollar, higher food prices,... (Mattoon Journal-Gazette, IL)
OUR VIEW: For some, county pay raise looks good Nov 19, 2009
It has been difficult for many folks for at least a year, and the unemployment rate indicates it will be difficult for some people for at least a while in 2010. Money is tight in the private sector and that makes it tight in the public sector. (Mattoon Journal-Gazette, IL)
Asia helps feeble West in global recovery: OECD Nov 19, 2009
On the jobs front, the OECD forecast further increases in the OECD-wide unemployment rate, to 9. 0 percent in 2010 and 8. (Yahoo News -- Press Releases)
Republic of Marshall Islands -- 2009 Article IV Consultation, Concluding Statement of the IMF Mission Nov 19, 2009
The unemployment rate currently exceeds 30 percent. 25. (IMF News)
Canestrari: Budget deal unlikely this week Nov 19, 2009
Powerful labor unions in education and health care have rallied against the cuts, saying they would jeopardize services and lead to widespread layoffs at a time when the state s unemployment rate remains at a record-high in the recession. a 600,000-member union in Latham, is spending at least $200,000 on an advertising campaign against Paterson s proposals. (Albany Business Review, NY)
Those with, without work to compete for seasonal jobs Nov 19, 2009
With the national unemployment rate above 10%, and employed folks looking to bolster budgets by taking second jobs, the competition for retail, movie theater, package-delivery and other holiday posts is fierce. "There are a lot more people looking for jobs this year," says Jennifer Grasz, a spokeswoman for online job site. (USA Today -- Money)
Kentucky works to extend jobless benefits Nov 19, 2009
Kentucky s seasonally adjusted unemployment rate for September was 11. 1 percent, compared with 9. (Louisville Business First, KY)
Obama to Push Private Sector to Hire at Forum Nov 19, 2009
The U.S. unemployment rate hit 10. 2 percent last month, the highest in decades. (ABC News -- Wire)
Reid: Obama Needs to Follow Ron Brown's Example Nov 19, 2009
As Americans lose jobs and the unemployment rate balloons to double digits, now is not the time to demonize business and be adversarial. President Barack Obama needs to follow the economic blueprint set forth by the late Ron Brown, former Commerce secretary under President Bill Clinton. (Roll Call)
Employment Slump Pressures Consumer Companies Nov 19, 2009
With the U.S. unemployment rate at its highest in more than a quarter-century and likely to rise further, industries that depend on discretionary consumer spending may not rebound soon. In October, the jobless rate jumped to 10. (BusinessWeek)
Mortgage Delinquencies Are Still Rising Nov 19, 2009
"Until the housing market can consistently demonstrate several months of home value appreciation and the unemployment rate improves, mortgage delinquency will likely continue to rise," said F.J. Guarrera, vice president of TransUnion's financial services division. Mortgage delinquency rates were highest in Nevada and Florida, reaching 14. (Realtor Magazine Online)
The season for helping others Nov 19, 2009
Recent news about the dropping unemployment rate in New Hampshire might sound good, but it belies the fact that nearly one in seven of our neighbors is without a job and without the means to support themselves and their families. For many this year, the holidays will be a struggle for survival, rather than the happy time of celebration, family gatherings and sharing that many will enjoy. (Seacoast New Hampshire)
Australia's Reserve Bank Plans to Reduce RMBS as Collateral, Debelle Says Nov 18, 2009
That performance reflects both the quality and the composition of the types of loans securitized, which has been underpinned by the strength of the Australian economy, particularly the relatively low unemployment rate, robust household income growth, as well as low interest rates Debelle said. Signs that the nations economy is strengthening prompted central bank Governor Stevens to raise the benchmark lending rate by a quarter percentage point this month and in October to 3. (Bloomberg -- Australia & New Zealand)
Strike looms for Safeway Nov 18, 2009
Acknowledging that the public doesn t seem to have a lot of sympathy for those with jobs, when the national unemployment rate is at 10 percent, the employee said the public isn t necessarily looking at the big picture. The way things are going, an employee of Safeway will no longer be able to support his or her family, the employee said. (Wickenburg Sun, AZ)
Obama in China: Why not more US export jobs? Nov 18, 2009
2 percent unemployment rate. With exports being the only bright spot in US manufacturing right now, he needs to use the summit to come up with stronger ways to further open China's trade doors. (Christian Science Monitor)
Is Social Communism The Answer For Ghana? Nov 18, 2009
The worst thing that could happen to any country is to see its unemployment rate soar. Because this means, less money for the government and a loss for the country. (Ghana Web, Ghana)
Interest rates to stay low, Bernanke says Nov 18, 2009
for free extra services. Tuesday, November 17, 2009, 1:08pm EST. (Cincinnati Business Courier, OH)
High cost of health care Nov 18, 2009
Mindful of the 10% unemployment rate, some lawmakers have proposed extending the benefit, but that hasn't happened yet. Tips for people who are losing their COBRA subsidy. (USA Today -- Money)
2,000 jobless eligible for expanded benefits Nov 18, 2009
Montana's seasonally adjusted unemployment rate was 6. 7 percent in September, the last month for which statistics are available. (Montana Standard, MT)
Senator Cox Partners with Water Companies to Provide 100 Turkeys for Calaveras Families Nov 18, 2009
Given the state s economy and high unemployment rate, more and more families are facing hard times, said Senator Dave Cox. Putting food on the table is becoming a challenge for those who find themselves without work. (San Andreas Calaveras Enterprise, CA)
Some employers are in no mood to party Nov 18, 2009
And it's not just the sky-high unemployment rate keeping a lid on holiday cheer. For people who work at companies that benefited from taxpayer-funded bailouts over the past year the holiday season may be marked with little more than a good cheer e-mail. (MSNBC -- Business)
