Great Recession

Employment Rate For Young Adults Lowest In 60 Years

HuffingtonPost.com | Alexander Eichler | Posted 02.09.2012 | Business

Are you young and looking for work? You're in good company. Just 54 percent of Americans ages 18 to 24 currently have jobs, according to a study re...

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Robo-Signing Scandal Leads To Top Executive's Indictment In Missouri

HuffingtonPost.com | D.M. Levine | Posted 02.09.2012 | Business

Read More: Fraud, Lender Processing Services, Mortgage Settlement, Wall Street, Robo-Signing, Great Recession, Indictment, Grand Jury, Financial Crisis, Missouri Indictment, Foreclosure, Docx, Chris Koster, Housing Crisis, Business News

For the first time since the start of the robo-signing crisis, a senior executive has been indicted on criminal charges of forgery and faces jail. Th...

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Consumer Borrowing Spree May Not Be Healthiest Economic Sign

HuffingtonPost.com | Mark Gongloff | Posted 02.07.2012 | Business

Read More: Auto Loans, U.S. Economy, Gdp, Credit, Economics, Great Recession, Consumers, Credit Cards, Student Loans, Consumer Spending, Borrowing, Business News

Consumer credit posted a second straight eye-popping monthly gain in December, according to a new Fed report, which some are taking as a sign of a new...

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Many With Only High School Diploma Laid Off During Weak Recovery

The Huffington Post | Alexander Eichler | Posted 02.09.2012 | Business

Read More: U.S. Economy, Job Losses, Baby Boomers, Recovery, Poverty, Job Loss, High School Graduates, Recession, Layoffs, Video, Unemployment, Job Cuts, Jobless Recovery, Great Recession, Economic Recovery, Foreclosure, African-Americans, College Graduates, Business News

For many in the United States, the two years since the end of the recession have been worse than the downturn itself. Among those Americans with o...

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Even in a Bear Market, You Can Still Get Rich

Endeavour Press | Posted 02.07.2012 | Business

Read More: Stock Market, Shares Stocks Investing, Stop Loss Investing, Great Recession, Investing Advice, Stocks Economy, Bear Market Economy, Business News

It's likely to get pretty rough over the next few years but if you keep these few simple ideas in mind at least you won't be as surprised as you would have been.

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Number Of Job Openings Hits Highest Level In Years

AP | CHRISTOPHER S. RUGABER | Posted 02.07.2012 | Business

Read More: Retailers, Job Openings, Job Market, Video, Labor Market, Job Postings, Great Recession, Labor Department, Accountants, Jobs, Hiring, Manufacturing, Architects, Engineers, Business News

WASHINGTON — The number of available jobs in the United States jumped in December to near a three-year high, supporting other data that show a b...

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Is Obama a Failed President?

Bob Burnett | Posted 02.03.2012 | Politics

Read More: Mitch Daniels, Obama State of the Union, Ronald Reagan, State of the Union, Failed Presidency, Barack Obama, President Obama, US Economy, Great Recession, Economy, Politics News

Given Republican treachery, it's a miracle the US economy shows any life. To the extent that it does, credit Barack Obama. He's not a failed president; he's succeeded despite perfidious Republican obstruction.

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The European Reality Avoidance Scheme (and How the United States Colludes)

Mitch Feierstein | Posted 02.01.2012 | Business

Read More: European Debt Crisis, Eurozone, Great Recession, Us Financial Crisis, Global Financial Crisis, Eurozone Debt Crisis, Europe, European Central Bank, Recession, Business News

Over the next four years, no area of foreign policy will impact American prosperity more than financial issues -- and to date, every single major policy move has been profoundly wrong.

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Don't Bet On Las Vegas

Timothy Pratt | Posted 01.31.2012 | Politics

Read More: Nevada, Foreclosure Crisis, Unemployment, Great Recession, offthebus2012, Nevada Housing, Las Vegas, Offthebus, Mortgage Crisis, Politics News

Nevada's unfortunate status as ground zero for foreclosures may last a while.

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That Sinking Feeling

Timothy Pratt | Posted 01.31.2012 | Politics

Read More: Las Vegas, Nevada, Foreclosures, Great Recession, offthebus2012, Recession, Offthebus, Home Foreclosures, Politics News

When it comes to indicators on the recession and its aftermath, both Las Vegas and Nevada are at the top of all the bad lists and at the bottom of all...

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Almost Half Of U.S. Households Live One Crisis From Poverty, Study Says

HuffingtonPost.com | Alexander Eichler | Posted 01.31.2012 | Business

What does it mean to be poor? If it means living at or below the poverty line, then 15 percent of Americans -- some 46 million people -- qualify. B...

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Cities Crushed By The Global Recession

24/7 Wall St. | Michael B. Sauter and Ashley C. Allen | Posted 01.30.2012 | Business

Read More: European Debt Crisis, Eurozone, Unemployment, Great Recession, Brookings Institute?S Global Metro Monitor 2011, Economic Recovery, Cities, Income, Austerity, Business News

From 24/7 Wall St.: The global recession officially ended in 2010. Since then many countries have begun experiencing economic growth again. However, N...

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Hispanics Hit Harder In Bad Economy, Pew Reports

Posted 02.01.2012 | Latino Voices

Read More: Latino Unemployment, Latino Poverty, Video, US Poverty, Third World America, Great Recession, Hispanic Unemployment, Latinos Recession, Latino Prosperity, Pew Hispanic Center, Latino Voices News

As the debate on immigration widens the gap between Republican and Democratic Latino voters, there seems to be one issue that unites Hispanics -- the ...

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Strengthening the State of our Union

Rep. David Cicilline | Posted 01.26.2012 | Politics

Read More: Obama State of the Union 2012, State of the Union, Third Industrial Revolution, Make It in America Block Grant Program Act, Manufacturing, State of the Union 2012, Obama State of the Union, Made in America, Manufacturing Jobs, Great Recession, David Cicilline, Rhode Island, Recession, US Economy, Politics News

We need to build ladders of opportunity and tear down barriers for Americans who are willing to work hard, be responsible, and play by the rules so everyone can achieve success and fulfill the American dream.

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Ben Bernanke: Federal Reserve Not 'Out Of Ammunition' Yet

AP | By MARTIN CRUTSINGER | Posted 01.25.2012 | Business

Read More: Video, Unemployment, Central Bank, Inflation, Great Recession, Federal Reserve, Economic Recovery, Ben Bernanke, Recession, Interest Rate, Business News

WASHINGTON -- The Federal Reserve's announcement that it is unlikely to raise its benchmark interest rate until late 2014 is simply its "best guess," ...

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At Davos, CEOs Question The Future Of Capitalism

AP | NIKO PRICE and JOHN DANISZEWSKI | Posted 01.26.2012 | Business

Read More: European Debt Crisis, Occupy Wef, Video, Income Inequality, German Chancellor Angela Merkel, Great Recession, Davos, Carlyle Group, Economic Crisis, Davos 2012, International Trade Union Confederation, Capitalism, Occupy Movement, World Economic Forum, Business News

DAVOS, Switzerland — German Chancellor Angela Merkel insisted Wednesday that Europe will remain an economic power only if it deepens the integra...

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IMF Predicts European Recession, Slow U.S. Growth

AP | CHRISTOPHER S. RUGABER | Posted 01.24.2012 | Business

Read More: Video, Congress, Global Economy, German Chancellor Angela Merkel, Budget Cuts, International Monetary Fund, Great Recession, World Bank, Christine Lagarde, Austerity Measures, World Economic Outlook, Tax Increases, Business News

WASHINGTON — Global leaders are sharply at odds over how to rescue Europe from its escalating debt crisis: Should they focus more urgently on ec...

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Teenage Workers Hit Hardest By Recession's Job Losses

Reuters | Posted 01.24.2012 | Business

Read More: Job Market, Job Losses, Video, Alternative Schools Network, U.S. Bureau of Labor Statistics, Great Recession, Reuters, Jobs, Economic Recovery, Northeastern University's Center for Labor Market Studies, Business News

* Fewer than half who lost jobs got another * New jobs often paid less * Teens hard-hit by weak job market ...

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All Jobless Benefits Received Last Year Can Be Taxed As Income

AP | By CAROLE FELDMAN | Posted 01.23.2012 | Business

Read More: Taxes, Turbotax, Video, Congress, Unemployment, Jobless Rate, Irs, Tax Deductible, Great Recession, American Opportunity Credit, Unemployment Insurance, Jobs, Tax Breaks, Business News

-- The jobless rate is dipping, but millions of people are still out of work. And that could have implications when they file their income tax return...

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Food Stamp Recipients To Critics: Walk In Our Shoes

AP | By JESSE WASHINGTON | Posted 01.20.2012 | Politics

Read More: Russell Johnson, Video, Greater Philadelphia Coalition Against Hunger, Food Stamps, Newt Gingrich Food Stamps, Victoria Busby, Christopher Jenks, Great Recession, Rick Santorum, Linda Miles, Twanda Graham, Sophia Clark, Barack Obama, Ronnie McHugh, Politics News

-- Some have advanced degrees and remember middle-class lives. Some work selling lingerie or building websites. They are white, black and Hispanic, y...

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Cities Getting Hit Hardest Since The Recession: Report

The Huffington Post | Harry Bradford | Posted 01.19.2012 | Business

Read More: Unemployment, Income Growth, Great Recession, Employment, IHS Global, Downturn, Financial Crisis, Economic Recovery, Harvard Business School, Brookings Institute, China, Business News

Official recovery or not, it turns out that cities around the world still have a long way to go to get back to where they were before the downturn. ...

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Film Examines Life 'After The Factory' In Two Cities

HuffingtonPost.com | David Sands | Posted 01.19.2012 | Detroit

Read More: Detroit Lives, Lodz, Poland, Philip Lauri, After the Factory Film, Great Recession, Kickstarter, After the Factory, The Recessionary Arts, Topografie, The Farmer and the Philospher, Manufacturing, Recessionary Arts, Detroit Lodz, Detroit News

This is the tenth in an occasional series, The Recessionary Arts. Read more from the series here. The inspiration for Philip Lauri's new documentar...

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The Gingrich Nonsense

Algernon Austin | Posted 01.18.2012 | Politics

Read More: Tax Cuts, Supplemental Nutrition Assistance Program, Newt Gingrich 2012, Great Recession, Bush Tax Cuts, Politics News

Newt Gingrich has been using the fast exchanges of the Republican presidential debates to ignore facts, misdiagnose economic problems and then present wrongheaded solutions.

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The Fight To Save The American Dream

www.salon.com | Posted 01.18.2012 | Fifty

Read More: The Great Recession, Class Warfare, Poverty, Unemployment, Economic Inequality, US Poverty, American Dream, Economy, Great Recession, Ows, Fifty News

If you're part of the one percent, even getting fired comes with a cushion made of eiderdown. GMI, a research company that gets paid to keep an eye on...

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Occupy: Resurrecting Rev. King's Final Dream

Leo W. Gerard | Posted 01.16.2012 | Politics

Read More: Poor People?S Campaign, Rev. Jesse Jackson, Occupy Wall Street, Zuccotti Park, American Dream, Southern Christian Leadership Conference, Frank Ogawa Plaza, Resurrection City, Reflecting Pool, Franklin D. Roosevelt, Occupy, Great Recession, Rev. Martin Luther King, Economic Bill of Rights, Rev. Ralph Abernathy, Great Depression, Robert Kennedy, Politics News

What Rev. King preached and what many Occupiers seem to believe is that paramount in a republic is job creation, not wealth creation. The duty of government is not to ensure that the rich get richer but to establish equal opportunity.

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