Posts tagged "inflation"

Small Businesses Start Hiring: Unemployment at 8.6%

Small Businesses Start Hiring: Unemployment at 8.6%
In what surprised economists, the unemployment rate for November went down to 8.6% from a stubborn 9%.  This is the lowest unemployment rate since March, 2009 and two months after President Obama took office.  The unemployment figure has been hovering around 9% for 2.5 years. The start-ups and small business that were skittish about hiring... Read more »

People Struggle As Recession Lingers

People Struggle As Recession Lingers
Two years after the “official” end of the Great Recession, the U.S. Economy continues to struggle as many Americans believe the Recession has not ended.  55% think that the recession remains, while 29% believe it feels more like a depression!  The recovery has been the weakest and the most lopsided of any since the 1930′s.... Read more »

More Homes " Underwater" and Higher Job Numbers Show Mixed Economic Results

The latest number for Americans who owe more on their mortgage than their homes are worth has risen from 23%-28%.  In a healthy housing market this number is about 5% of homeowners who are “underwater”.  Experts don’t expect an improvement in the market for at least another year which will certainly slow down our economy.... Read more »
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Recent Jobless Claims Report: The Good, the Bad & the Ugly

Recent Jobless Claims Report: The Good, the Bad & the Ugly
The good news is in today’s jobless claims report is that the number of people still receiving benefits under regular State programs fell drastically to 68,000 in the week ending 4/16 to 3.64 million people.  This is the lowest level since September, 2008.   The bad news is that claims for unemployment benefits rose last... Read more »

Inflation Rises As Jobless Claims Increase: The Recession Continues

Corporations are making money, the stock market is well over 12,000 as investors cash in on their earnings, but inflation is starting to rise as costs for energy and food drove the latest number to an increase of .4%, making it the largest gain in inflation since October, 2009.  Our national debt is beginning to... Read more »