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Unemployment rate increases to 10.2%

Unemployment rate increases to 10.2%

Last month, the United States’ unemployment rate was 9.8%, the newest figures show that the unemployment rate has increased to 10.2% and it is the highest it has been since April of 1983. Official figures show that the country lost 190,000 jobs with the majority …

A sign of the times – GE Gets 10,000 applications for 90 job openings

A sign of the times – GE Gets 10,000 applications for 90 job openings

In Louisville, Kentucky things are not good when it comes to employment figures. Times are tough everywhere, but it looks like there are thousands of people who are having a hard time keeping the lights on in their homes.
A General Electric factory has just created …

Unemployment falls for the first time since April ’08

Unemployment falls for the first time since April ’08

Good news came out today about unemployment. In June, unemployment reached 9.5% and the numbers for July came out and unemployment actually fell to 9.4%. While the decrease isn’t much, it does mean that less jobs are being cut than before and people are actually …

New Student Loan goes into effect today!

New Student Loan goes into effect today!

It looks like repaying student loans could be getting a bit easier. Beginning this week, those with federal student loans can apply for a program that is offered by the Department of Education that reduces or caps the monthly payments based on income and also …

Consumer confidence reaches six month high

Consumer confidence reaches six month high

The consumer confidence level has increased at a fairly steady rate for a couple of months, but the numbers that came out today were much higher than anticipated as far as the increase goes. The Conference Board’s Consumer Confidence Index has a 14.1 point surge; …