Clipmarks | Recession Clips

Half of working age adults in this Illinois town unemployed

Thu, 12 Nov 2009 19:08:25 GMT

clipped by: pkronfield
clipper's remarks: What this politically correct piece doesn't say is the town is probably mostly black.

So what does this tell you? Obama sprung from Illinois politics. Beyond any doubt, this town likely voted for Obama.

How do you like that "hope and change" Pembroke citizens??

Welcome to Obama's Amerika.

Clip Source: cbs2chicago.com

If you think the recession has hit hard where you live, consider the little Northern Illinois town where almost half the working age adults are out of work. It's called Pembroke. CBS2's Mike Parker reports.

Imagine a community so deep in the hole, the government has fired the police force and closed two of three elementary schools. It's happened in Pembroke, a little town of some 3,000 in eastern Kankakee County near the Indiana border.

It's a town where these days, many folks don't rebuild after a fire. The charred remains just sit there.

Payton says the unemployment rate is 46 percent and the median income is just half the statewide figure. Payton says his goal right now is to create jobs in a place where businesses don't seem to want to come, and the young people mostly want to leave.

Tags: obama is a trojan horse

9 Other States Have Calif.-Sized Fiscal Messes

Thu, 12 Nov 2009 13:34:14 GMT

clipped by: jay8h

Clip Source: www.newser.com

9 Other States Have Calif.-Sized Fiscal Messes

(Newser) – California has by no means cornered the market on enormous financial problems at the state level, with a report out today saying Arizona, Florida, Illinois, Michigan, Nevada, New Jersey, Oregon, Rhode Island, and Wisconsin are also at tremendous risk. The Pew Center sees widespread unemployment, huge budget deficits, and the ongoing foreclosure crisis as common factors—plus various constraints that keep many of the states from raising taxes.

“While California often takes the spotlight, other states are facing hardships just as daunting,” the Center’s managing director tells the AP. “Decisions these states make as they try to navigate the recession will play a role in how quickly the entire nation recovers.”

Subway's $5 footlong

Wed, 11 Nov 2009 20:57:12 GMT

clipped by: ofcapri
clipper's remarks: If you need a quick sandwich on the road you can't beat Subway for a $5.00 sandwich

Clip Source: finance.yahoo.com

Subway's $5 footlong, the brainchild of an obscure Miami franchisee, is the fast-food success story of the recession

Stuart Frankel isn't what you'd call a power player in the world of franchising. Five years ago he owned two small Subway sandwich shops at either end of Miami's Jackson Memorial Hospital. After noticing that sales sagged on weekends, he came up with an idea: He would offer every footlong sandwich (the chain also sells 6-inch versions) on Saturday and Sunday for $5, about a buck less than the usual price. "I like round numbers," says Frankel, a brusque New Yorker who moved to Miami in 1972 and owned a drugstore before opening his first Subway outlet in 1988.

Tags: subway

Recovery hopes rise on surprise unemployment figures

Wed, 11 Nov 2009 11:23:07 GMT

clipped by: JICWyllie
clipper's remarks: Watch out for the 'Double Bubble'. All hands are still pumping. How far can it go this time before it pops?

Clip Source: business.timesonline.co.uk

British unemployment is rising at a far slower rate than expected, official figures revealed today.

The number of people out of work increased by 30,000 to 2.46 million in the three months to September while the number of people in work rose for the first time in more than a year.

The jobless rate is 7.8 per cent, confounding expectations for an increase to 8 per cent.

The number of people in work rose by 6,000 in the three months to September, the first increase since the three months to July 2008.

The figures will raise hopes that the worst of the recession has passed and that unemployment will peak at a lower level than the three million previously feared.

The Office for National Statistics said that people claiming benefits rose by 12,900, far below a forecast 20,000 rise.

Tags: 1-employment, 2-change, 2-increase, 2-surprise, 2-trend, 3-reported, 4-uk

Finding Web Redesign Services for Building a Strong Online Presence

Tue, 10 Nov 2009 19:12:37 GMT

clipped by: redesignunit
clipper's remarks: finding website redesign services for building a strong online presence it’s 2009. it’s time your company starts acting like it. this means you need to focus on building a strong online presence that will help you reach your target audience, no matter where they’re located.

Clip Source: webredesignservices.blog.co.in

finding website redesign services for building a strong online presence it’s 2009. it’s time your company starts acting like it. this means you need to focus on building a strong online presence that will help you reach your target audience, no matter where they’re located. don’t think an online presence is important? consider this: despite the economic recession, online shopping spending is still increasing. to create an online presence, you need to choose the best web design services available.

Tags: custom website design, web redesign services, website redesign company, website redesign services

Greggs the baker

Tue, 10 Nov 2009 17:17:19 GMT

clipped by: wiganfootie
clipper's remarks: please go to the site to watch the video

Clip Source: news.bbc.co.uk

While others have floundered in the recession, Greggs the baker has seen its fortunes rise and rise. Now it's planning to open another 600 stores.

It is almost midday in one of the Manchester branches of Greggs. Customers are queuing to buy lunch.

There are builders choosing pasties and sausage rolls, a lady picking up some bread, while others peruse the meal-deals in the chiller cabinet. The latter equates to any bloomer sandwich, a cookie or doughnut and a drink - for the recession-busting price of £2.99.

A couple of children press their noses up against the counter filled with a creamy array of sticky buns and colourful biscuits.

Freshly baked

Above it a large orange sign proclaims one of Greggs' marketing slogans of choice: "Freshly baked throughout the day."

There's a huge chunk of blokes who want lots of food cheaply - it's doing that job absolutely superbly

Comfort food does well in recession

Can I Profit in Buying Investment Property in a Recession? | ESNIPS

Mon, 09 Nov 2009 10:25:25 GMT

clipped by: micoymoral
clipper's remarks: http://www.myrealestateinvestmentsecrets.com Can I Profit in Buying Investment Property in a Recession? Buying Investment Property proves to be a good investing decision that you will ever make despite the fall of property prices and the current recession. Watch the video to find out why. If you want to learn more, feel free to drop by at our website at http://www.myrealestateinvestmentsecrets.com where we give away a free real estate investing e-course.

Clip Source: www.esnips.com

Buying Investment Property

Uploaded by: realestateinvesting09

Joined on Aug. 24 2009

http://www.myrealestateinvestmentsecrets.com Can I Profit in Buying Investment Property in a Recession? Buying Investment Property proves to be a good investing decision that you will ever make despite the fall of property prices and the current recession. Watch the video to find out why. If you want to learn more, feel free to drop by at our website at http://www.myrealestateinvestmentsecrets.com where we give away a free real estate investing e-course.

Added to Real Estate Inve... folder 32 days ago

Size: 5MB

Tags: buying , investment , property , investing , beginners , buy , commercial , apartment , course

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Tags: buying investment property, investing for beginners, buy commercial property, investment apartment, investment course

Are you fit for a CNA career?

Mon, 09 Nov 2009 10:03:50 GMT

clipped by: arnoldherman140
clipper's remarks: There is a hude demand for certified nursing assistants (CNAs) in developed countries like the United States, Canada and Japan. Nursing Assistant is a recession proof

career which is rewarding but is highly demanding too. CNA jobs can cause stress and burnouts. So you have to think wisely before choosing CNA as a career.

Clip Source: www.cnatrainingpro.com

Certified Nursing Assistants, in general, take care of the most basic health care needs of the patients. Since nurse assistants have regular daily contact with the patients, they are the ones who provide vital information about the condition of patients to the registered nurse.

Clip Source: www.cnatrainingpro.com

The Nursing Assistant profession demands a personality to be able to meet the challenging requirements.

Tags: cna career, cna jobs, cna training, certified nursing assistant

Technology's ROI

Mon, 09 Nov 2009 09:51:13 GMT

clipped by: turpak

Clip Source: www.economist.com

In a new book, “Wired for Innovation: How Information Technology Is Reshaping The Economy”, Erik Brynjolfsson of the Massachusetts Institute of Technology and Adam Saunders of the Wharton School point out that it usually takes five to seven years for IT investments to produce substantial returns because it typically takes that long for companies to make the organisational changes needed to capitalise on the new technology. What is more, Mr Brynjolfsson points out, the recession has encouraged companies to focus their IT investments on boosting the productivity of shrunken workforces, which may mean that unemployment remains stubbornly high for some time to come.

Can I Profit in Buying Investment Property in a Recession? | VEOH

Mon, 09 Nov 2009 09:40:07 GMT

Clip Source: www.veoh.com

Can I Profit in Buying Investment Property in a Recession?

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Tags: buying investment property, investing for beginners, buy commercial property, investment apartment, investment course

Can I Profit in Buying Investment Property in a Recession? | CLIPSER

Mon, 09 Nov 2009 09:08:26 GMT

Clip Source: www.clipser.com

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Can I Profit in Buying Investment Property in a Recession?

Tags: buying investment property, investing for beginners, buy commercial property, investment apartment, investment course

Brothel offers discount to cyclists

Sun, 08 Nov 2009 14:01:06 GMT

clipped by: wiganfootie

Clip Source: www.ananova.com

Brothel offers discounts to cyclists

A Berlin brothel is doing its bit for the environment - by offering discounts to customers who arrive on bicycles.

"The recession has hit our industry hard," said Thomas Goetz, owner of the Maison d'envie brothel.

"Obviously we hope that the discount will attract more people. It's good for business, it's good for the environment - and it's good for the girls."

Customers who arrive on a bicycle or who can prove they took public transportation get a five euro (£4.30) discount from the usual 70-euro fee for a 45 minute session.

"We have around three to five new customers coming in daily to take advantage of the discount," he said, adding the green rebate has helped alleviate traffic and parking congestion in the neighbourhood.

Real Unemployment Now 17.5%, Highest Since Great Depression

Sun, 08 Nov 2009 01:58:22 GMT

clipped by: blueridge
clipper's remarks: This does effect not only lives unemployed, but the economic lives of all Americans.

Clip Source: www.nytimes.com

Broader Measure of U.S. Unemployment Stands at 17.5%

With the release of the jobs report on Friday, the broadest measure of unemployment and underemployment tracked by the Labor Department has reached its highest level in decades. If statistics went back so far, the measure would almost certainly be at its highest level since the Great Depression.

In all, more than one out of every six workers — 17.5 percent — were unemployed or underemployed in October. The previous recorded high was 17.1 percent, in December 1982.

This includes the officially unemployed, who have looked for work in the last four weeks. It also includes discouraged workers, who have looked in the past year, as well as millions of part-time workers who want to be working full time.

The official jobless rate — 10.2 percent in October, up from 9.8 percent in September — remains lower than the early 1980s peak of 10.8 percent.

Nearly 16 million people are now unemployed and more than seven million jobs have been lost

Tags: economy, unemployment, recession

US unemployment reaches highest for 26 years

Sat, 07 Nov 2009 18:15:28 GMT

clipped by: JICWyllie

Clip Source: business.timesonline.co.uk

The Labour Department said that 190,000 jobs had been lost in October, worse than the 175,000 expected by economists, pushing the unemployment rate to 10.2 per cent — the highest figure since April 1983.

This week, Labour Department figures showed that first-time claims for jobless benefits had fallen fell by 20,000, better than expected, to a seasonally adjusted 512,000 in the previous seven days

Since the start of the recession in December 2007, the number of unemployed people in America has risen by 8.2 million, and the unemployment rate has grown by 5.3 percentage points.

The largest job losses last month were in construction, manufacturing and retail.

“Our concern is that, unlike the last recovery, with credit still tight, households aren’t going to be able to smooth their consumption using credit until the labour market eventually strengthens,” he said.

Tags: 1-unemployment, 2-increase, 2-record, 3-reported, 4-us

US finally extends unemployment pay: GOP tossers

Sat, 07 Nov 2009 08:02:15 GMT

clipped by: beanz

Clip Source: www.alternet.org

After 5 Weeks, 3 GOP Filibusters and 200,000 Americans Running Out of Bennies, Obama to Sign Unemployment Extension

The good news is, President Obama will sign a measure today to extend unemployment benefits for at least 14 weeks for people out of work. It's money well spent -- it helps struggling people, and the investment tends to be stimulative -- and with new, discouraging job numbers, the timing is right.

"Given the employment situation and the general bang for the buck you get from unemployment insurance, that's probably the most sensible of the stimulative policies to extend," Maya MacGuineas, president of the Committee for a Responsible Federal Budget, said.

Because even though Republicans were allowed to tack on a tax cut to the bill as the price of getting it passed, they decided to filibuster anyway

Sen. Patty Murray (D-Wash.) wondered yesterday why any lawmaker would deliberately hold up unemployment benefits during a recession. "Who are they representing?" she wondered.

Tags: us unemployment