Archive for the ‘Economy’ Category
Economy Saw Fewer Job Losses in November
December 4, 2009 11:35 am EconomyThere was hardly any drop in the unemployment rate or job losses in November. Which gives investors a hope that the economy is recovering. In October the rate was 10.2 percent in October and only 10 percent in November. This is the fewest number of jobs cut since the recession began.
Harvard Cuts Free Year of Tuition Program
December 4, 2009 11:02 am Economy, Financial AidNo longer will Harvard University be offering a year of free tuition to law students who go into public service after graduation. In an email to staff the Law School Dean Martha Minow announced to faculty and staff that the Public Service Initiative for future incoming classes would be suspended.
Top 10 States with Budget Disasters
November 16, 2009 11:53 am EconomyA new study is showing that many states are heading toward an economic disaster. Everyone knows that California is facing a back breaking deficit. The state government decided to try and ease the crisis by increased borrowing but that hasn’t worked and they are facing astronomical deficits.
Financing Life’s Four Major Decisions
November 11, 2009 3:08 pm EconomyYou may think you’re prepared for what will happen in your life, but you’re not. There are major events that can change the outcome of your life. You may get married, have children, lose your job, or go through a messy divorce. All four of these events will not only change your life but heavily impact your finances.
Young Unemployed Face Long-Term Damage
October 14, 2009 9:50 am EconomyUnemployment has ravaged almost every part of the global workforce. Yet this economic slump has hurt young people the most. Individuals between the ages of 16 and 24 are having the hardest time finding jobs. Even though some dropped out of high school; many are college graduates and have even gone on to earn MBAs and law degrees.
Will Social Security Survive?
October 6, 2009 3:32 pm EconomyBecause of the thousands of job losses and a spike in early retirement claims due to laid off workers. Social security has a long battle ahead. Not only is social security on the pathway to bankruptcy, but there are now more seniors seeking social security. Social Security currently and over the next two years will pay out more in benefits than it collects in payroll taxes.
Wealth Gap Widening
September 29, 2009 8:13 am Career Advice, EconomyRecession has hit American middle-income and poor families the hardest, which has led to a widening of the gap between the wealthiest and poorest Americans. Thousands of Americans have lost their job and income and have tried to cut their expenses where they can, in order to survive. Yet they are falling further and further in to debt.
Jobless claims rise unexpectedly to 558,000
August 13, 2009 11:26 am EconomyThe 558,000 new unemployment claims for this week has increased from last weeks 554,000 the Labor Department Reported. Experts expected that the new claims would have dropped to 545,000 instead of rising.
College in its New Form
August 10, 2009 10:46 am EconomyWhen students return to college campuses this fall, they will find crowded classrooms, less faculty and counselors, and fewer campus services. Not to mention the fact that it will be more difficult for students to get the classes they need in order to graduate.
