Fed survey: Recovery spreads across country
Jun 9
2010
WASHINGTON (AP) — The economic recovery finally is spreading to all parts of the country, but the modest pace of growth suggests companies won’t be ramping up hiring to drive down unemployment quickly. A Federal Reserve survey, released Wednesday, found that economic activity improved across all 12 regions tracked. The … Read more
What happens when the temporary, stimulus-funded, jobs end? And the taxes go up and the inflation goes up? Where’s the “recovery” then?
Tags: economy, inflation, jobs, taxes
Norman City Council passes lean budget
Jun 9
2010
Tags: budget cut, city, jobs
NEW YORK (AP) — Stocks fell sharply Friday after the Labor Department said hiring remains weak and Hungary became the latest European country to report its economy is in crisis.Read more on NewsOK.com Read more
Maggie Thatcher said it some years ago “The trouble with socialism is that, eventually, you run out of other people’s money”. That’s what’s happening in Europe and it’s where we’re headed here.
If Oklahoma City employee unions don’t accept pay cuts, firefighters will lose jobs this summer, resulting in slower emergency response times.Read more on NewsOK.com Read more
Is this happening in your city? What do budget cuts mean for your family’s safety? Are your politicians doing a good job with controlling costs?
Tags: job cuts public safety
Well, it may have been “unexpected” in DC, but no where else
WASHINGTON (AP) — The number of people filing new claims for unemployment benefits unexpectedly rose last week by the largest amount in three months. The surge is evidence of how volatile the job market remains, even as the economy grows. Applications for unemployment benefits rose to 471,000 last week, up by 25,000 from the previous week, the Labor Department said Thursday. It was the first increase in five weeks and the biggest jump since a gain of 40,000 in February. The forecast was for claims to fall by about 4,000 from the previous week. “Although no one expects this volatile …
Tags: jobs, rise, unemployment
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