Economic Dependence on Real Estate, Finance, Insurance, Retail, and Construction. 3 Major Sectors of our Economy set to Decline.
The employment situation has quickly deteriorated as the credit crisis deepens and more and more Americans are quickly holding on tighter to their wallets. This isn’t necessarily pervasive to our nation alone as we are seeing globally people from many nations are starting to feel the impacts of this economic contraction.
The October 2008 Job Report: Digging Deeper into the Data. True Unemployment Rate at 11.8%.
Trying to explain the unemployment rate is a challenge since there are many nuances to look out for. For example, today the unemployment rate came out at 6.5%, the highest since March of 1994. That would be troubling in itself. What was also released in the report is a horrible number of 240,000 jobs being […]
Why Senator Obama’s Economic Plan is better than Senator McCain’s: 3 Major Key Points.
As we wind down to the last few days of the election, it is important to remember that whomever is elected there will be an economic mess awaiting the new CEO of our country. Make no mistake, there will be some hard choices that will confront this nation for the next 4 years so having […]