September marks the 31st consecutive month that the national unemployment rate has been near or well above 9%. In September the Department of Labor reported that the unemployment rate was at 9.1%. In October of last year the rate was at 10.2% but it has remained largely unchanged since the start of the … [Read more...]
Some Hope…Maybe…For Those Facing Foreclosure
February 19, 2010 By Leave a Comment
There is some hope still for homeowners wondering if there will be more foreclosure statistics in 2010. The federal government is working on a plan that will hopefully make it easier for people to qualify for the Making Home Affordable program. The government is also trying to find a way to convince … [Read more...]
IMF Raises Forecast for U.S. Economy
June 28, 2009 By Leave a Comment
The International Monetary Fund (IMF), which, in the past year alone, has provided financial assistance to the economies of Pakistan and Iceland in, publically raised its outlook for the United States. It also called for steps that would refocus concerns about inflation and increasing public debt. … [Read more...]