Unemployment
Strikes in Greece over proposed tax law overhaul
Strikes in Greece over proposed tax law overhaul Greek unemployment rose to 10.3 percent in the fourth quarter of 2009, the country’s statistics agency said Thursday — the highest since 2005 and the largest jump in 11 years. Read more on AP via Yahoo! Finance
Unemployment drop-off not significant
Unemployment drop-off not significant The Scranton/Wilkes-Barre region started the New Year off with a drop in its seasonally adjusted unemployment rate to 9.5 percent. Read more on Times Leader
Lyon unemployment rate jumps to more than 19%
Lyon unemployment rate jumps to more than 19% Almost one in five Lyon County residents is inemployed, according to the latest figures released by the Nevada Department of Employment, Training & Rehabilitation (DETR). Read more on Fernley Leader
Credit Card Firms Can Overcome Unemployment
Credit Card Firms Can Overcome Unemployment Borrowers are still falling behind but the recovery is slowing the pace of loans going bad. Read more on Forbes
‘No magic wand’ for local jobless data
‘No magic wand’ for local jobless data Joliet’s unemployment rate surged to 15.5 percent in January, the highest January rate since 16.2 percent in 1994. Read more on The Herald News
Fed holds rates at record lows to foster recovery
Fed holds rates at record lows to foster recovery The Federal Reserve on Tuesday repeated its pledge to hold interest rates at record lows to foster the economic recovery and ease high unemployment. Read more on Los Angeles Times
Consumers lose confidence in recovery
Consumers lose confidence in recovery Rising petrol prices, higher mortgage rates, falling house prices and worsening unemployment are knocking back consumer confidence. Read more on Stuff
With Foreclosures Hitting, Housing Starts Don’t Help
With Foreclosures Hitting, Housing Starts Don’t Help Foreclosure properties hitting the market increases supply at a time of already low demand. Read more on Forbes
Manitoba Borrowing Costs Fall Below Ontario’s: Canada Credit
Manitoba Borrowing Costs Fall Below Ontario’s: Canada Credit March 16 (Bloomberg) — Manitoba ’s cost of borrowing fell to less than Ontario’s for the
Unemployment higher among young war veterans
Unemployment higher among young war veterans The Labor Department says the unemployment rate for young Iraq and Afghanistan veterans was 21.1 percent last year. That’s well above the 16.6 percent jobless rate for non-veterans of the same ages, 18 to 24. Read more on AP via Yahoo! Finance
