The magnitude of our current unemployment

I don’t think I had a real sense of the magnitude of our current unemployment problem until I pulled out my trusty old calculator.
Out of curiosity, I searched the internet to find out how much average adult workers in the U.S. were earning. According to the U.S. Department of Commerce, the average adult full-time worker [...]

Friday’s headlines and statistics

Five of nearly 1,000 headlines on Google yesterday referencing our current unemployment:
The New York Times: Unemployment in California at 12%, Highest in Nearly 70 Years
Forbes.com: NC jobless rate remains near 11 percent in August
Associated Press: 42 states lose jobs in August, up from 29 in July
CNBC: State Unemployment Keeps Rising; Three Hit Record Highs
The Progressive [...]

Economy is “on the verge” of growing

CNNMoney.com reported yesterday that 4 million loans are delinquent… and that “the highwater mark should come this fall.”
According to the report, the number of Americans who have fallen at least 30 days behind on their home loan payments jumped 44% in the second quarter from a year ago.
That puts delinquencies at a record 9.24% of [...]