“Many Americans rely on their cars for their livelihood, and losing access to them could be financially devastating.”
Margaret McCormick’s 2001 Toyota Celica has been sitting in the parking lot of her condo complex for the past four months. She can’t afford to fix the flat tire and broken transmission.
Many Americans are focused on bargains and careful to spend money only when they need.
Financial fears of most Americans seem to be adding to the nation’s economic woes. The recession. The financial crisis. The housing crisis. The persistently high unemployment rate. And now, the debt debacle. No wonder American’s feel uncertain about the U.S. economy.
The following is a letter written to the Mayor of Providence, RI by Walt Barrett. Walt would like to encourage you to pass the letter on to the mayor of your town or city and try to make some changes across the country.
The wealth gaps between whites and minorities have grown to their widest levels in a quarter-century. According to an analysis of new Census data, the recession and uneven recovery have erased decades of minority gains, leaving whites on average with 20 times the net worth of blacks and 18 times that of Hispanics.
Employers are looking for people who can invent, adapt and reinvent their jobs every day, in a market that changes faster than ever.
The rise in the unemployment rate last month to 9.2 percent has Democrats and Republicans reliably falling back on their respective cure-alls. It is evidence for liberals that we need more stimulus and for conservatives that we need more tax cuts to increase demand. I am sure there is truth in both, but I do not believe they are the whole story. I think something else, something new — something that will require our kids not so much to find their next job as to invent their next job — is also influencing today’s job market more than people realize.
The poor economy lingers and the jobless rate remaining high.
States will start a nationwide crackdown for people fraudulently drawing unemployment payments. $17 billion in were dswindle last year alone from those who were never eligible and workers who keep getting checks after they return to work, say federal officials.
Hundreds of thousands of people in Spain claim unemployment benefit when they actually have some kind of work.
In the Via Barsanti in the town of PratoShi, Italy, Songbin’s existence came to light one morning only when stunned residents found his body outside an underground parking garage surrounded by drab apartment blocks.
College graduates face a double digit unemployment rate.
Today’s college grads are the new underclass. They have been beaten down by heavy debt and lack of work. Many are struggling to stave off financial ruin.
While many states are confronting severe budget shortfalls and dragging economies, North Dakota has a different sort of problem. It’s stuck deciding how best to deal with a budget surplus. Yes, a surplus. North Dakota’s balance sheet is so strong it recently reduced individual income taxes and property taxes by a combined $400 million, and is debating further cuts.
Nevada has the highest foreclosure rate in the country.
The promise of palm tree groves and low-cost real estate lured Alan and Katherine Ackerly across the Rocky Mountains in 2004 from Denver to Nevada, where thousands of new houses beckoned as brightly as any neon sign.