| Don't miss a single post; subscribe to my feed! |  |
Man, I hate being right. It seems that there’s a prediction that around 1.2 million people are about to fall off the extended unemployment benefit rolls, and with that goes the benefit they were getting on their COBRA insurance coverage. I’ve talked about the fact that unemployment figures are usually skewed by the number of [...]
Yes, I know unemployment is basically holding steady, and that it’s been pretty high. And I know we all want people to go back to work if they so choose, and that it’s been a travesty that so many people have lost factory jobs that we all know are never coming back, and that we’ve [...]
The latest jobs report shows that unemployment dropped from 9.9% to 9.7%. Normally looking at a figure like that would be a good thing, but this time around, there’s proof that figures sometimes don’t tell the whole truth. It seems that the reason unemployment dropped is because the federal government hired more than 400,000 employees [...]
Jobs. Everyone’s talking about them lately. Depending on who you decide to listen to, things are either starting to improve or they’re not. A report came out saying job losses are drastically slowing down. Private sector job losses were around 203,000 for October, higher than expected but lower than it’s been on a monthly basis. [...]
We were all hoping that February would signal the turnaround of the job market in some fashion, but the economy doesn’t seem ready to recover just yet. Today, Nissan announced they were laying off 20,000 employees. Last week Panasonic laid off 15,000 workers and closed 27 plants. Macy’s announced they were laying off 4,000 employees. [...]
