October Job Scare
Not only was September a disappointment with the number of added jobs readjusted from 166,000 to 145,000, far short of the predicted 180,000 jobs, but…
government shutdown
Bad News for the Economy
The stats are finally in for September -- the Labor Department delayed them after the government shutdown fiasco -- and what we see is that…
Government Makes Debt Deal: The Economy is Saved
With Congress playing a high stakes game of what amounts to chicken, both set on their path and unwilling to swerve, the nation grew antsy,…
Default Immanent: Investors Shrug
After the apocalyptic rhetoric surrounding the Recession of 2007, and the vicious sounding rhetoric about the "fiscal cliff" -- which was a phrase more people…
Unemployment Claims Surge in Response to Furloughs
The deadlock in Washington is severe, a knot so tight the entire nation is quaking, and taking the time to untie it is an option…
Economy Is at “DEFCOM 3”
October 17th is the due date for when Congress must establish the new debt ceiling for the government, since it has so far failed to…
Claims for Unemployment in the U.S. Drop by 10,000
According to a government report that was released on April 7, 2011, claims for unemployment in the U.S. dropped 10,000 last week, and the amount…
Rhode Island State Workers To Lose 12 Days Of Pay In Lieu Of Layoffs
The biggest employees union in Rhode Island, Council 94, has accepted a tentative deal in order to prevent large layoffs and a government shutdown. The…