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Cash-strapped US running out of unemployment money

9 hours ago ago from News Essentials

Cash-strapped US running out of unemployment money Sun, 27 Dec 2009 18:59:15 GMT Twenty-five US states are running out of federal funds to pay unemployment benefits to jobless Americans. According to The Washington Post, currently 25 states have been forced to borrow USD 25 billion from the federal government to keep their unemployed a float. The Department of Labor estimates that by 2011 some 40 states will have run out of employment ...

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Wanted - Rose Colored Glasses!

13 hours ago ago from Morning Coffee Break

Evidently, I need to buy a pair of rose colored glasses and quick because (once again) I'm trying to compare apples and oranges in regards to our so called improving unemployment rates. The day before Christmas, the local paper reported that, according to local officials, the county's unemployment rate had dropped. " The county’s unemployment rate for November stands at 8.9 percent, which is a .4 percent decrease from October’s rate of ...

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Little Improvement Seen in Job Market for 2010

9 hours ago ago from MunKnee.com

The U.S. economy is limping not sprinting out of the Great Recession of 2008 and 2009. While the economy is likely to grow at a steady but unspectacular 3% pace in 2010, the prospects for significant job growth are dim and the unemployment rate could still be in the 10% neighborhood at this time next year . By: Rex Nutting; www.MarketWatch.com; Words: 846 Growth of 3% would be far slower than is usual after a steep recession (the economy ...

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ecember 26 1115 AM

7 hours ago ago from r.j.'s space - Windows Live

Brace For Impact: In 2010, Demand For US Fixed Income Has To Increase Elevenfold... Or Else  - As everyone is engrossed by assorted groundless Christmas (and other ongoing bear market) rallies, and oblivious to the debt monsters hiding in both the closet and under the bed, Zero Hedge has decided it is about time to present the ugliest truth faced by our 'intellectual superiors' and their Wall Street henchman who succeeded in pulling off Goal ...

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Some Alabama businesses to see unemployment taxes nearly triple | Business News from the Press-Register - al.com

1 day ago ago from www.OrangeBeach.ws ~ News

Some Alabama businesses to see unemployment taxes nearly triple | Business News from the Press-Register - al.com : "Some Alabama businesses will see unemployment taxes nearly triple on Jan. 1 as the state unemployment system, already $140 million in debt to the federal government, tries to raise more money to make weekly payments to 75,000 Alabamians."

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States With Expanded Health Coverage Fight Bill

19 hours ago ago from Huffington Post

New York Times : States that have already broadly expanded health care coverage are pushing back against the Senate overhaul bill, arguing that it unfairly penalizes them in favor of states that have done little or nothing to extend benefits to the uninsured. With tax revenues down and budgets breaking, the states -- including Arizona, California, New Jersey, New York and Wisconsin -- say they cannot afford to essentially subsidize other ...

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