User: newstrust Topic: Personal Finance
Category: Unemployment
Last updated: Sep 01 2014 19:50 IST RSS 2.0
 
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It Might Sound Stupid, But Maybe It Isn't The Economy This Time 1.9.2014 NPR News
An oft-repeated bit of campaign advice held that, "It's the economy, stupid." But maybe in this mid-term election cycle, that's not quite right.
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Dreaming of meaningful work 1.9.2014 LA Times: Commentary
A high school senior, Carlos is already a promising carpenter. He is volunteering at a Habitat for Humanity site, assembling the frames for the bedroom walls, the boards for one frame laid out neatly in front of him. He measures the distance between them. Measures again. Then he drives one...
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Workers are at the mercy of markets 1.9.2014 Washington Post: Op-Eds
The questions hanging over Labor Day 2014 are whether and when the United States gets a pay raise. Ever since the 2008-2009 financial crisis, the job market has been in a state of heartbreaking weakness. But the worst seems to be over. As Janet Yellen, chair of the Federal Reserve Board, recently noted , monthly increases in payroll jobs have averaged 230,000 this year, up from 190,000 in 2012 and 2013. The unemployment rate dropped to 6.2 percent in July from 7.3 percent a year earlier and a peak of 10 percent in October ...
Tough case to crack: the mystery of Britain's falling crime rate 31.8.2014 The Guardian -- Front Page
Decline in heroin use, unrecorded cybercrime and greater civility are some of the reasons suggested for the drop in offending

On the south side of Northampton, a town an hour's drive north of London, stands a former cinema that is now the home of a discount sofa warehouse called The Sofa King. Outside, a sign proclaims the prices to be "Sofa King low!" Inside, Mark Kypta, a savvy former estate agent, produces a business card that introduces him not as the proprietor, but as The King.

Kypta knows the town well: he was raised there, his parents live there; he knows where the business opportunities lie and which neighbourhoods are best avoided after dark. Asked whether he believes crime to be going up or down in Northampton, his response is immediate: "Up it's got to be hasn't it?" And nationwide? "It's going up!"

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Newly Unemployed CNN Reporter Posts Funny Exit Video 31.8.2014 NewsBusters
As referenced here at Newsbusters by Jeffrey Lord, CNN president Jeffrey Zucker is saying that layoffs at that network which is rapidly dropping in the ratings could be ahead. Could be? Actually the layoffs are ironically happening right now during Labor Day weekend. One of those being laid off is CNN Capitol Hill reporter Lisa Desjardins. However, despite the downside of receiving a pink slip, we have to credit her for turning the unemployment lemons into hilarious lemonade by posting a very funny YouTube video (and after the jump) of her good naturedly  saying goodby to CNN...and then stealing a bunch of office supplies and ripping their first aid kit off the wall on her way out the ...
Manufacturers find niche, in the smallest of towns 31.8.2014 Star Tribune: Local
Small-town manufacturers in the state’s west-central region are helping fuel low unemployment.
France leads the charge to throw off the German-led austerity straitjacket 30.8.2014 The Guardian -- World Latest
Stagnation, rather than collapse, is now the eurozone's enemy. But agreement is elusive Continue reading...
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Survey: Americans’ pessimism on economy has grown 29.8.2014 Salt Lake Tribune
Washington • Americans are more anxious about the economy now than they were right after the Great Recession ended despite stock market gains, falling unemployment and growth moving closer to full health. Seventy-one percent of Americans say they think the recession exerted a permanent drag on the economy, according to a survey being released Thursday by Rutgers University. By contrast, in November 2009, five months after the recession officially ended, the Rutgers researchers found that only 4...
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Economic growth better than initially reported 29.8.2014 SFGate: Business & Technology
ECONOMYGrowth better than reportedThe economy grew faster than first thought last quarter, the Commerce Department said Thursday, the latest in a series of signals that suggest a period of sustainable growth lies ahead. Increased investment by businesses and a slightly improved trade picture prompted the revision, which lifted the estimated annual rate of growth in April, May and June to 4.2 percent from the government's initial reading of 4 percent in late July. Since the economy emerged from the recession five years ago, companies have been hesitant to spend heavily on new capacity, but these figures and other recent data indicate that is finally changing.
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Midday open thread: 2nd quarter GDP revised upward, 'I like my girls chubby,' polygamist victory 29.8.2014 NewsTrust Yahoo Pipes Feed
Today's comic by Ruben Bolling is God-Man: Enter the Purse Thief! : 2nd quarter GDP growth revised upward to 4.2 percent : In its second calculation of seasonally adjusted, annualized growth in gross domestic product for April-June, the Commerce Department reported Thursday that this broad measure of all goods and services was a bit better than reported in its first calculation last month, up 4.2 percent instead of 4 percent. A consensus of analysts had expected the report to clock in at a slight decrease to 3.8 percent. Despite the stronger showing, however, growth for the first half of the year has been only 1.05 percent because GDP sharply contracted in the first quarter. The latest calculation nevertheless has persuaded most analysts that an economy that has been stumbling along in fits and starts during a five-year recovery from the Great Recession is on track to better improvement. But this isn't the first time since the recession was officially declared to be over that GDP has grown faster than 4 ...
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Survey: Americans' pessimism on economy has grown 28.8.2014 AP Business
WASHINGTON (AP) -- Americans are more anxious about the economy now than they were right after the Great Recession ended despite stock market gains, falling unemployment and growth moving closer to full health....
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Applications for US unemployment benefits dip to 298K, remain near pre-recession lows 28.8.2014 Star Tribune: Politics
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Survey: Americans more anxious about economy now than immediately after Great Recession ended 28.8.2014 Star Tribune: Politics
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Consumer confidence near a 7-year high, survey finds 27.8.2014 San Jose Mercury News: Breaking News
U.S. consumer confidence this month reached its highest point in nearly seven years, boosted by strong job gains.
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The Federal Reserve can wait to act on interest rates 27.8.2014 Washington Post: Editorials
THE FEDERAL Reserve has taken a consistent position on the “extraordinary measures” it has employed to salvage the stricken U.S. economy: Any withdrawal of the Fed’s support will depend upon progress in the labor market. Continuing policies bequeathed by her predecessor, Ben S. Bernanke, Fed chair Janet Yellen has responded to the downward drift in the unemployment rate by gradually winding down the Fed’s bond purchases, also known as “quantitative easing”; they are scheduled to end in October . And the Fed is still expected to raise short-term interest rates — which it has held near 0 percent for almost six years — by ...
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Do Dems run the economy better? Nope. 25.8.2014 Washington Post: Op-Eds
It’s a Democratic campaign consultant’s dream: a study from two respected academic economists concluding that, since the late 1940s, the economy has consistently performed better under Democratic presidents than under Republican ones. The gap is huge. From 1949 to 2013 — a period when the White House was roughly split between parties — the economy grew at an average annual rate of 3.33 percent, but growth under Democratic presidents averaged 4.35 percent and under Republicans, 2.54 percent. Jobs, stocks and living standards all advanced faster under ...
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As conference ends, economists give clashing views 24.8.2014 San Jose Mercury News: Business
Most visitors to Wyoming's Grand Teton National Park are drawn to the peak that gave the park its name -- a 13,776-foot monolith that dominates the sweeping skyline. But for the economists and central bankers who gathered in a lodge here for the past three days, attention fell on a more mundane but consequential matter: the often conflicting relationship between unemployment and inflation.
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With an economy on upswing, Dayton is tough target 24.8.2014 Star Tribune: Latest
Minnesota Republicans hoping to seize control of the governor’s residence have a problem when it comes to the economy: The news is too good.
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With an economy on the upswing, Dayton is tough target 24.8.2014 Star Tribune: Business
Minnesota Republicans hoping to seize control of the governor’s residence have a problem when it comes to the economy: The news is too good.
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As conference ends, economists give clashing views 24.8.2014 Twincities.com: Business
JACKSON HOLE, Wyoming (AP) — Most visitors to Wyoming's Grand Teton National Park are drawn to the peak that gave the park its name — a 13,776-foot monolith that dominates the sweeping skyline.
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