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Job Market May Be Near Turning Point
11 hours ago ago from InvestorCentric
John Lounsbury from The Street lays out the status of the jobs market which has moved closer to a crossover from job losses to job growth. However the extent of jobs lost since the peak in 2007 may be closer to 11 to 12 million when you take into account the average of 1.5 million jobs that would have been created under "average" economic conditions. See the following post from The Street . The employment situation is clearly bad, but also ...
Related contentIndonesia's Economy Probably Expanded at Fastest Pace in a Year
17 hours ago ago from Indonesia News Blog
Indonesia's economy probably expanded at the fastest pace in a year in the fourth quarter as lower interest rates and government stimulus spurred consumer spending. Southeast Asia's largest economy grew 5 percent in the three months to Dec. 31 from a year earlier, compared with 4.2 percent in the previous quarter, according to the median forecast of 18 economists in a Bloomberg News survey. The statistics bureau is due to release the data ...
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20 hours ago ago from A New World Order Out of Chaos (News Page)
Taypayer Handouts and Ripoffs Recession Chugs on, Except in Government February 8, 2010 Examiner Editorial - White House apologists were quick to point to the unemployment rate decline from 10 percent to 9.7 percent as evidence that the recovery is gathering momentum and that President Obama's policies -- especially his $787 billion economic stimulus bill Congress approved last February -- are "working." But the back story behind the ...
Related contentRecovery Act One Year Progress Report
19 hours ago ago from Liberty Works
This week marks one year since the or Recovery Act, $787 Billion of extra borrowing and spending, was enacted by Congress. Administration officials and supporters are making the preposterous claim that every economist agrees the stimulus created millions of jobs. It's time for an objective progress report. A year ago President Obama orchestrated weeks of government-media hype leading up the the Congressional vote, and ...
Related contentCan Obama deliver the goods for working Americans?
56 minutes ago ago from Heart Of A Nation
To the activists Obama promised a timely end to the war in Iraq, an easing of tensions with Latin America and immigration reform; to the unions he promised the Employee Free Choice Act (EFCA); to millions of Americans without coverage, he promised health care reform. But above all, he promised social stability and the continuation of business as usual to the capitalist class. So what promises has he kept? US troops remain in Iraq and even ...
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Chicago Housing Recovery: Not Until 2013
8 hours ago ago from Housing Watch
Print Email More What do the Indianapolis Colts and the Chicago housing market have in common? They'll both have to wait at least another year for redemption. But bad news for Chicago's housing market - it may have to wait even longer than the Super Bowl losers. According to John Burns Real Estate Consulting , an Irvine, Calif.-based company that focuses on home building industry decisions, Chicago-area existing-home sales ...
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