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12 May 2010 20:56

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World: Three things Britain’s new coalition government wants to do

  • More consistent votes Create a more consistent schedule of leadership change by setting elections for parliament for every five years. The legislature can do it sooner if 55 percent of parliament votes to do so.
  • Austerity measures Like much of Europe, the coalition government plans to do something about the large amount of debt it’s built up. It won’t be quite as insane as Greece, but expect some things to get cut out of the budget.
  • Creating jobs 2.5 million Britons are unemployed, a number that might affect the strength of the coalition if they don’t do something about it. Expect Clegg’s people and Cameron’s people to be on it. source

07 May 2010 10:23

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Biz: Jobs: Employers are hiring, but more people are looking

  • 290,000new jobs in April, way more than
    expected and the best month for
    employment in four years
  • 9.9%the current unemployment rate,
    higher than last month because more
    people are looking for work source

15 Apr 2010 10:40

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Biz: Fortune 500: Huge profits go hand-in-hand with record layoffs

  • $391
    billion
    size of the collective profits the Fortune 500 had last year
  • 821,000
    positions
    number of jobs they had to cut to ensure that huge profit source

12 Apr 2010 09:29

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Biz: Is unemployment higher because unemployment’s easier?

  • 44% of unemployed Americans have been jobless for six months or longer
  • 26% of those unemployed in the early ’80s recession could say the same source
  • » What’s the difference?: According to The Daily Beast, the reason for this has a lot to do with the changing nature of unemployment. Among other things, there are more two-income homes than in the early ’80s. On top of that, it’s easier to get unemployment now than it was 30 years ago – per-capita spending for the jobless has increased 77 percent. While it’s no walk in the park, obviously, it’s clearly not the same situation as it used to be.

09 Apr 2010 12:10

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U.S.: Unemployed people’s benefits being held up by Congress again

  • 200,000 could lose benefits source

02 Apr 2010 11:05

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Biz: The big flop: The Census isn’t creating the jobs it should

  • 600,000 Census jobs should be created, including 100,000 in March
  • 48,000 have been hired so far, which was far below estimates source

02 Apr 2010 10:49

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Biz: The jobless rate stayed flat, but companies are hiring again; yes!

  • 9.7% the current unemployment rate, which is unchanged from February
  • 162k the number of jobs created in March, which is good, but below estimates
  • 6.5M the number of people unemployed six months or more, which is a record source
 

11 Mar 2010 10:12

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Biz: Unemployment: New jobless claims down, old ones way up

  • -6,000 decrease in jobless claims this week, which is fairly modest
  • +37,000 increase in continued claims this week, which is high source

10 Mar 2010 23:18

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Offbeat: Airline rewards points during recessions a new kind of currency

This poor guy doesn’t have an address or a job, but he does have thousands of rewards points saved up, which means he can stay at hotels for (almost) free. source

05 Mar 2010 10:41

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Biz, U.S.: Unemployment still sucks, but it’s not worsening

  • 9.7% jobless rate, the same as
    it was last month source