Posts tagged as:

economy

Employers added just 69,000 jobs in May, about half of what was expected, and the unemployment rate ticked up to 8.2 percent, the government said Friday in an awful jobs report that offered incontrovertible evidence that the U.S. economy is slowing sharply.

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From the New York Daily News:

Turns out, economists live in the same America as the rest of us.

The Associated Press surveyed 36 top experts on money and markets from across the political spectrum last week. They rendered a familiar verdict on President Obama’s approach to restoring America to prosperity.

Just half of the 36 rated the President’s policies as “fair”; more than a third called them “poor.” Only five described Obamanomics as “good,” and none dared call it “excellent.”

Read more at the NY Daily News.

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(CNN) -The economy is the top concern for Americans, according to a new CNN/ORC International poll released Friday, and half name unemployment as the most important issue related to the economy.

With just three in ten saying things are going well in the country today and 70% saying they are going badly, economic issues are still the main priority for the country this holiday season.

Here’s the CNN article.

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Jobless fighting untruths, long term unemployed getting screwed trying to find jobs

October 10, 2011

BY SAM HANANEL, Associated Press WASHINGTON — After two years on the unemployment rolls, Selena Forte thought she’d found a temporary job at a delivery company that matched her qualifications. But Forte, a 55-year-old from Cleveland, said a recruiter for an employment agency told her that she would not be considered for the job because […]

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90% of Americans say economy stinks, and the smell originates from the buttholes of Washington and Wall Street

October 1, 2011

Three years after a financial crisis pushed the country deep into recession, an overwhelming number of Americans — 90% — say that economic conditions remain poor. The number, reported Friday in a new CNN/ORC International Poll, is the highest of Barack Obama’s presidency and a significant increase from the 81% who said conditions were poor […]

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Political cartoons offer accurate assessment of President Obama and his economic policy performance

August 21, 2011
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Manheim Auto Auction continues to lay off more people, more than 120 now idled by company

August 1, 2011

Manheim Auto Auction has had another round of layoffs, as it continues to adjust its work force to a changing industry. The auction idled 28 or 29 employees Tuesday, said Tim VanDam, vice president and general manager. This follows the layoff of 96 workers in June for the same reasons, he said. Read more: http://lancasteronline.com/article/local/429953_More-layoffs-at-Auto-Auction.html#ixzz1TmxGKP9s

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