Home › Forums › Financial Markets/Economics › Jobless claims continue – unemployment, housing woes increase
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Arraya.
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February 26, 2009 at 6:55 PM #356437February 26, 2009 at 6:57 PM #355853
peterb
ParticipantCheck out the U-6 number from the BLS. I think it’s more accurate than Shadow stats. The shadowstats guy wont say how he arrives at his numbers.
February 26, 2009 at 6:57 PM #356164ParticipantCheck out the U-6 number from the BLS. I think it’s more accurate than Shadow stats. The shadowstats guy wont say how he arrives at his numbers.
February 26, 2009 at 6:57 PM #356303ParticipantCheck out the U-6 number from the BLS. I think it’s more accurate than Shadow stats. The shadowstats guy wont say how he arrives at his numbers.
February 26, 2009 at 6:57 PM #356331ParticipantCheck out the U-6 number from the BLS. I think it’s more accurate than Shadow stats. The shadowstats guy wont say how he arrives at his numbers.
February 26, 2009 at 6:57 PM #356442ParticipantCheck out the U-6 number from the BLS. I think it’s more accurate than Shadow stats. The shadowstats guy wont say how he arrives at his numbers.
February 26, 2009 at 9:14 PM #355944Arraya
Participanthttp://news.yahoo.com/s/ap/20090226/ap_on_bi_st_ma_re/wall_street_182
snippet:
“The Obama administration’s $3.55 trillion budget plan for 2010 includes cuts to Medicare and Medicaid.
Private insurance plans serving Medicare seniors would take the biggest hit, but hospitals, drug manufacturers and home health agencies also face cuts.As investors became aware of the impact that the budget, if enacted, could have on the companies, they turned against what had been one of the strongest industries in the stock market recen
February 26, 2009 at 9:14 PM #356255Participanthttp://news.yahoo.com/s/ap/20090226/ap_on_bi_st_ma_re/wall_street_182
snippet:
“The Obama administration’s $3.55 trillion budget plan for 2010 includes cuts to Medicare and Medicaid.
Private insurance plans serving Medicare seniors would take the biggest hit, but hospitals, drug manufacturers and home health agencies also face cuts.As investors became aware of the impact that the budget, if enacted, could have on the companies, they turned against what had been one of the strongest industries in the stock market recen
February 26, 2009 at 9:14 PM #356393Participanthttp://news.yahoo.com/s/ap/20090226/ap_on_bi_st_ma_re/wall_street_182
snippet:
“The Obama administration’s $3.55 trillion budget plan for 2010 includes cuts to Medicare and Medicaid.
Private insurance plans serving Medicare seniors would take the biggest hit, but hospitals, drug manufacturers and home health agencies also face cuts.As investors became aware of the impact that the budget, if enacted, could have on the companies, they turned against what had been one of the strongest industries in the stock market recen
February 26, 2009 at 9:14 PM #356421Participanthttp://news.yahoo.com/s/ap/20090226/ap_on_bi_st_ma_re/wall_street_182
snippet:
“The Obama administration’s $3.55 trillion budget plan for 2010 includes cuts to Medicare and Medicaid.
Private insurance plans serving Medicare seniors would take the biggest hit, but hospitals, drug manufacturers and home health agencies also face cuts.As investors became aware of the impact that the budget, if enacted, could have on the companies, they turned against what had been one of the strongest industries in the stock market recen
February 26, 2009 at 9:14 PM #356532Participanthttp://news.yahoo.com/s/ap/20090226/ap_on_bi_st_ma_re/wall_street_182
snippet:
“The Obama administration’s $3.55 trillion budget plan for 2010 includes cuts to Medicare and Medicaid.
Private insurance plans serving Medicare seniors would take the biggest hit, but hospitals, drug manufacturers and home health agencies also face cuts.As investors became aware of the impact that the budget, if enacted, could have on the companies, they turned against what had been one of the strongest industries in the stock market recen
February 27, 2009 at 9:13 AM #356218UCGal
ParticipantI agree that unemployment is going to have a huge impact on the economy.
But the “worst case” scenario for the stress tests only has the unemployment going to 10.6%. I can imagine a much worse number.
Maybe it’s because I’m watching it happen around me. My husband’s job went to part-time over the past 6 months and as of this past monday he’s one of the newly minted unemployed. My employer keeps announcing more cuts. My neighbors are all feeling it – the lady across the street lost her job about 6 months ago. My friend is a VP for a large company – they are shutting down the site she runs… she’s not sure if she’ll have a job.
These are all people who are professionals, have been with their employers for years.
The job situation is going to drag the economy down further… which will mean more job losses.
February 27, 2009 at 9:13 AM #356524ParticipantI agree that unemployment is going to have a huge impact on the economy.
But the “worst case” scenario for the stress tests only has the unemployment going to 10.6%. I can imagine a much worse number.
Maybe it’s because I’m watching it happen around me. My husband’s job went to part-time over the past 6 months and as of this past monday he’s one of the newly minted unemployed. My employer keeps announcing more cuts. My neighbors are all feeling it – the lady across the street lost her job about 6 months ago. My friend is a VP for a large company – they are shutting down the site she runs… she’s not sure if she’ll have a job.
These are all people who are professionals, have been with their employers for years.
The job situation is going to drag the economy down further… which will mean more job losses.
February 27, 2009 at 9:13 AM #356663ParticipantI agree that unemployment is going to have a huge impact on the economy.
But the “worst case” scenario for the stress tests only has the unemployment going to 10.6%. I can imagine a much worse number.
Maybe it’s because I’m watching it happen around me. My husband’s job went to part-time over the past 6 months and as of this past monday he’s one of the newly minted unemployed. My employer keeps announcing more cuts. My neighbors are all feeling it – the lady across the street lost her job about 6 months ago. My friend is a VP for a large company – they are shutting down the site she runs… she’s not sure if she’ll have a job.
These are all people who are professionals, have been with their employers for years.
The job situation is going to drag the economy down further… which will mean more job losses.
February 27, 2009 at 9:13 AM #356691ParticipantI agree that unemployment is going to have a huge impact on the economy.
But the “worst case” scenario for the stress tests only has the unemployment going to 10.6%. I can imagine a much worse number.
Maybe it’s because I’m watching it happen around me. My husband’s job went to part-time over the past 6 months and as of this past monday he’s one of the newly minted unemployed. My employer keeps announcing more cuts. My neighbors are all feeling it – the lady across the street lost her job about 6 months ago. My friend is a VP for a large company – they are shutting down the site she runs… she’s not sure if she’ll have a job.
These are all people who are professionals, have been with their employers for years.
The job situation is going to drag the economy down further… which will mean more job losses.
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