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A poll came out today saying President Obama’s approval rate has fallen below 60% for the first time since he was elected. It was also announced that unemployment went up again, especially in Michigan, which has an unemployment rate over 15%, the highest in 25 years. In a way, we owe James Carville for what [...]
In April I wrote a post talking about continuing job losses. Well, it seems that trend is continuing, as it was just announced last week that 44 states had job losses in April, with California losing the most jobs. How bad was it? California lost 63,700 positions, followed by Texas with 39,500 jobs, Michigan with [...]
Last week, a news story came out indicating that more workers were doing freelance work these days because it was hard for them to find full time work. The interesting statistic to me was that they estimated the figure is around 26%. I fully understand this, and I’m living it myself. As a consultant, there [...]
We may be ready for some good news, but it looks like the bad news is hanging on, and a lot of it is in the area of jobs. Yesterday it was indicated that Yahoo would be cutting more positions on top of some already eliminated, to the tune of “several hundred”, which doesn’t sound [...]
We all know what’s going on with job loss here in America. It’s frightening, and it seems like there’s no end in sight. So imagine my surprise when I read a CNN story earlier today that said around 70,000 factories in China have closed, eliminating over 20 million jobs. The overwhelming majority of these workers [...]
As most of the financial market is waiting for what’s expected to be dire financial reports from retailers, most of the rest of the country is wondering what the fallout could possibly be as it pertains to unemployment. There have been some speculation that over 3 million jobs could be at stake if many large [...]