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Florida Unemployment Borrowing May Top $1 Billion
Region: FloridaFlorida has become the 19th state to borrow money to keep unemployment benefits flowing after the trust fund ran dry. So far the state has borrowed $45 million, but officials estimate that it will have borrowed $1.2 billi... more
Views: 359 Rating:
Illinois’s Unemployment Insurance Fund Goes Broke
Region: Illinois
Illinois has just become the 16th state forced to borrow money from the federal government to pay unemployment insurance benefits because its trust fund has run dry. The roughly $34.7 million Illinois has borrowed... more
Views: 612 Rating:
MTA Payroll Tax Proposal Taxes Employment
Region: New YorkThe notion of a payroll tax on employers in New York City and seven other counties has become entrenched in financing proposals for the Metropolitan Transit Authority (MTA). It would be levied against each $100 ... more
Views: 979 Rating:
Spain's Sinking Recession
Region: SpainThe Bank of Spain reported Wednesday that it's economy has fallen 1.8% in the first trimester of 2009 and 2.9% over the last year. Spain hasn't seen this steep of a decline in their economy since the 1970's according... more
Views: 528 Rating:
J&K CM asks industrialists to remain apolitical
Region: India
Jammu & Kashmir Chief Minister Omar Abdullah on Friday said that focus should be on the growth of small and medium entrepreneurship (SME) in Jammu and Kashmir. He emphasizes on the importance of a strong edifice for ... more
Views: 362 Rating:
Unemployment Rises In Spain
Region: SpainSpain's total unemployment is up 3.55% in March 2009. Among the different regions Andalucia and Valencia have the highest rate while the Balearic Islands have the lowest rate. Unemployment is almost evenly d... more
Views: 600 Rating:
900,000 Palestinians in Gaza urgently need food
Region: Palestine
UN reports say that nearly nine hundred thousand Palestinians in the Gaza Strip urgently need food. Due to the continuous violence in the Gaza Strip, donated food had been blocked in Egypt. The UN urges aid agencies to ... more
Views: 440 Rating:
Why Journalism’s Pursuit of Gloom Has the Market Wrong
Region: United StatesA recent UK study found that happiness is contagious. President-elect Obama has proven that messages of hope can also have a distinct contagion. It may be helpful to realize this, as the world is subjected to a... more
Views: 740 Rating:
President-Elect Obama Calls for Public Works Infrastructure Program
Region: United StatesToday, President-elect Barack Obama announced a huge public works infrastructure program in order to start his economic recovery plan, just one day after the Bureau of Labor Statistics (BLS) reported that the economy shed ... more
Views: 741 Rating:
Job Losses Highest Since 1974, Unemployment Soars in US
Region: United States
Job loss statistics released in the US yesterday reflect a serious downturn in the economy. In November of 2008, approximately 533,000 jobs were cut in the United States. This comes on top of very high ... more
Views: 965 Rating:
