Showing posts with label recession. Show all posts
Showing posts with label recession. Show all posts

Tuesday, October 21, 2008

41 States suffer job losses

Job losses reported in 41 states
The number of states suffering monthly job losses more than doubled in September, with Michigan losing the greatest number of jobs, according to a government report released Tuesday. Private sector and government jobs fell in 41 states and the District of Columbia last month, the Labor Department said. By comparison, only 18 states reported monthly job losses in August, CNNMoney reports. full story

Sunday, September 21, 2008

Bush finally acts after the wolf eats Wall Street

What took all of them so long to figure this one out?

Bush finally acts after the wolf eats Wall StreetThe wolf is no longer at the door of Wall Street. The wolf has eaten Wall Street. Read More

Obama, McCain agree it's a recession
WASHINGTON, Sept. 21 (UPI) -- Democrat Barack Obama and his presidential rival, Republican John McCain, both say the United States is in a recession.

Both candidates expressed their assessment of the U.S. economy in a segment of CBS's "60 Minutes" broadcast Sunday. For the special 40th edition of the program, Obama was interviewed Wednesday in Nevada and McCain was interviewed Thursday in Wisconsin.
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