Unofficial Underemployment Rate Rises To 20.3% – Gallup Daily tracking finds that 20.3% of the U.S. workforce was underemployed in March — a slight uptick from the relatively flat January and February numbers. These results are based on March interviews with more than 20,000 adults in the U.S. workforce, aged 18 and older.
Free For All: No Criminal Charges Seen in AIG’s Collapse - CBS News reported late Friday that Joseph Cassano, the former AIG executive closely linked with the giant insurer’s near collapse in September 2008, will meet with U.S. Justice Department attorneys next week in what will probably end the two-year criminal investigation into the company — with no criminal charges likely to be filed.
Inflation, Deflation, Doom and the End of Civilization – Gloom Boom & Doom Report publisher Marc Faber and economic analyst Mike “Mish” Shedlock join Yahoo’s Tech Ticker on March 12, 2010 to discuss the global economy, where we’re headed and the possibility of the “end of civilization.”
Sharp Increase in March in Personal Bankruptcies – More Americans filed for bankruptcy protection in March than during any month since the federal personal bankruptcy law was tightened in October 2005, a new report says, a result of high unemployment and the housing crash.
California’s last auto plant closed – The last car has rolled off the production lines at California’s sole auto plant. Nearby, job centers have been set up to help the newly unemployed figure out benefits, retraining and other options.
{ 5 comments }
Hey Creekmore what are you trying to do here, inform us the the truth about the economy? Obviously, you do not follow mainstream news – have you not read that happy days are near again?
Here is a funny stat – one of the news sources recently stated that of the 163,000 new jobs created, 50,000 were the new census takers!
And guess who pays for them?? That’s right, us tax payers.
Just throwing a little more gas on the fire …
Another interesting thing to note is the stock market has almost corrected itself back to Aug 2008 pre-crash levels.
Where is the justification for this rebound? It looks like we’re primed for another crash. Even when I take my doom glasses off, I still don’t see how we can have Dow 11,000 right now.
All illusions my friend, just smoke & mirrors…
The problem is most all of our leaders have inhaled too much of that smoke for far too long!
So they’re blowing it AND reinhaling it. Eventually they’ll absorb the crap, the smoke will clear, and we’ll all be left with cancer lol.
I guess it has been proven that you can get cancer from 2nd hand smoke :-)
Comments on this entry are closed.