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Recent College Graduates, Prepare to Starve

Recent College Graduates, Prepare to Starve

Graduates of the 2009 collegiate year are going out into the unknown in the worst labor market since their parents graduated. Many graduates will get into careers that have nothing to do with their degree, if they get a job at all. With a national …

More people were laid off last month than were expected.

New jobless claims have jumped in the last week by 667,000. The number is an unexpected rise considering last weeks’ numbers were 631,000.
The Labor Department said Thursday that first-time requests for unemployment benefits jumped to 667,000 from the previous week’s figure of 631,000. Analysts had …

Oil prices fall below $35 on economic outlook

Today the March delivery for light sweet crude fell below $35 a barrel. The March delivery will be closing on Friday and the April delivery is actually up over $37 a barrel today.
The decline in price came after the Fed released some very depressing news …

The unemployment news is very discouraging to new and upcoming graduates

I will be graduating over the summer this year and every month a new and worse unemployment report comes out. All the news coming out is not only discouraging to me, but my peers also. I’ve talked to some of the other students in my …

Is the recession causing a downturn in illegal immigration?

When most illegal immigrants came to the United States, they were looking for work, and contractors and other people looking for cheap labor were more than willing to give it to them.
However, now there are too many homes on the market, and new home and …