Employers often use credit checks as part of the hiring process, but should one’s credit be factored in as part of one’s ability to perform in a job? During interviews an interviewer will make the prospective employee aware that a credit check will be conducted and there is little the potential employee can do...
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Defaults on mortgages and lack of credit card payments have been a problem for many financial institutions but in a report on usatoday.com there is a turnaround occurring in the financial sector with people being able to make payments again. Mortgage defaults, credit card delinquencies, and other forms of non-payment have caused a strain...
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30-year mortgage rates have risen to just above 5%, which is still a low amount, but over the past weeks new mortgage applications have been fewer in number. However, with the recent extension of the first-time homebuyer tax credit could there be new buyers coming into the housing market? There was much debate over...
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A man in Florida was supposedly fired for wearing a button with an American Flag and the phrase “one nation, under God, indivisible…” The man worked for Home Depot as a cashier, said he had worn the button for over a year and around the time he was fired reportedly he had begun to...
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The state of the economy, stock market, job market, and various other aspects of our economy differ in their status from day to day. If you watch or read the news online on any particular day you will find either our country is on the mend, doing great, and out of the recession but...
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With unemployment close to 10% many feel the economy’s slow recovery is nothing compared to the slow crawl of the job market recovery. However, a recent report from National Association for Business Economics claims the job market is looking up and in the latter part of 2009 and early 2010 there will be gains...
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The third-quarter earnings reports from the banking sector has been anticipated and watched closely by investors over the last week in the hopes that a positive report would prove that the economy is recovering. Some financial institutions reported better numbers for the third-quarter and stocks went up as a result but not everything was...
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The unemployment rate numbers for 2009 are presently around 9.8% but the truth is that “official” number doesn’t tell everything. There are a great number of unemployed individuals who are no longer receiving unemployment or were unable to receive unemployment benefits to begin with. Many Americans look at the current unemployment rate and think...
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Unemployment is on the rise, new jobs are hard to find and all these economic problems come from our new idea of what builds our country. In the beginning, our nation was founded on work. Labor jobs, which are real work, forged this country and set a young nation in motion to become one...
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The Obama stimulus plan has created new jobs and saved numerous others but with the unemployment rate still at 9.8% more obviously needs to be done to help struggling Americans. Many argue that the job market is the slowest to recover after a recession, but the rate at which the job market is recovering...
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