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Unemployment rises in April

The unemployment rate in the United States rose to 8.9% in April after losing 539,000 jobs. While the report isn’t as bad as some feared, it just proved that the recession is as bad as 1983, when the percentage of jobless in the country was …

Phoenix leads nation in home price decline for February

A report has come out saying that while home prices around the country dropped in February, Phoenix, Arizona is the leader for largest decline in home prices.
The average home price fell 35% in Phoenix from February 2008 to February 2009 according to the S&P/Case-Shiller …

Ford posts loss, less than expected

For the first quarter 2009, Ford posted a $1.4 billion loss, however this loss was much less than expected. The only Big 3 autocompany to not accept federal bailout money thinks that it can weather this recession and come out the winner overall.
“Our results in …

Interests in cooking increases

In this recession, many are looking for ways to cut costs anywhere. One of the ways to cut costs is to look into doing your own cooking instead of eating out.
Many are finding that cooking is not only cheaper, but can also bring the family …

March could be the bottom to job losses

For this recession anyway, March could signal the bottom for job losses.
On CNBC: David Jones of DMJ Advisors says that there will be a 675,000 decline in march payrolls. His forecast is only slightly worse than the Briefing.com consensus of 658,000. In February payrolls fell …