Unemployment

Layoff Jobs Reopening: Companies Rehire Workers, Set to Hire More in 2010

10/05/2009
By

Layoff jobs are reopening as companies begin to rehire some workers and make plans to bring more employees back in early 2010.  It was reported that about a quarter of employers who were laying off employees are beginning to bring them back and will continue to reopen jobs throughout the last quarter of the...
Read more »

Posted in Unemployment | Comments Off

Unemployment Rate Cause of High Mortgage Delinquency Rate for Homeowners in August

10/05/2009
By

In August reports say mortgage delinquency rates were at an all-time high for homeowners and many believe unemployment is to blame.  Over 7.5% of home owners were close to or over a month late on their mortgage payments and with growing unemployment mortgage delinquency rates don’t look to be lowering anytime soon.  In fact,...
Read more »

Posted in Banking/Finance, Unemployment | Comments Off

The Jobless Rate Continues to Rise but Spending Rises Also

10/02/2009
By

The jobless rate in our nation is the black eye on the recovering economy since unemployment claims are dropping disappointingly slow, so it would seem odd if spending was on the rise, but that is exactly the case.The unemployment rate are not any case for worry, some say, because despite the vast amount of...
Read more »

Posted in Unemployment | Comments Off

Economy Recovering, However, No New Jobs; No Spending For Companies Says CEOs

09/30/2009
By

In a survey by Business Roundtable, as reported by msnbc.com, CEOs are saying they are planning more job cuts in the coming months. The CEOs surveyed said 40% would be cutting jobs while only 13% will be hiring new workers. The survey also said the CEOs were less optimistic about spending as well. However,...
Read more »

Posted in Unemployment | Comments Off