For most of the last decade, California was first or second in new business creation. In 2009, it ranked first. In 2010, new business creation imploded. Actually, that’s an understatement. California was almost dead last in 2010 with only Michigan behind them. That’s right, it went from #1 to #50 in just one year [...]
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My magic pixie dust will convince you that unemployment benefits will create jobs! That’s because the unemployed will spend the money not save it, says a White House spokesperson in a dismal and unintentionally comical attempt to substitute PR fluff for real economic analysis. So there you have it. The unemployed create jobs. If [...] While want ads that exclude the unemployed from applying for jobs might be legal, they are mean-spirited and probably counter productive. Just because someone lost a job doesn’t mean they’re not qualified. The probably cause for this is employers are getting so many applications for each job that filtering out the unemployed gets the number [...] Business Insider Gigantic miss! Just 18,000 new jobs vs. expectations of 105,000. They present the ‘scariest jobs chart ever” Look at it carefully. Yes, the great minds who determine such things have decreed that the country has been out of recession for quite some time now. I am so relieved to hear this [...] Fredrik Broden for Newsweek The layoffs and firings have hit the managerial and professional classes. Newsweek Once college-educated workers hit 45, notes a post on the professional-finance blog Calculated Risk, “if they lose their job, they are toast.” The article describes the anguish and soul-searching that goes for this strata of unemployed workers, [...] Well, this is certainly a grim honor and not a top ten list that any metro area would ever want to be on. California leads the nation in unemployment rates, with a startling 8 out of 10 cities with the highest unemployment. 1. El Centro CA, 26.9 2. Yuma AZ, 21.5 3. Merced CA, [...] Utah Republican Senate President Michael Waddoups has backed Utah’s decision to refuse federal unemployment assistance money, saying all those danged lazy unemployed people need be more “self-sufficient,” a decision the The Salt Lake City Tribune calls “cruel and stupid.” (The Central Utah Project is a federal water project and is a fine example of [...] But the Democrats feel our pain. That’s the difference. From Alas, A Blog Sue, who is the Goddess of Excel, tracks California unemployment statistics. Here’s the latest for southern California. That’s not a misprint for Imperial County, which is primarily agricultural. Unemployment there really is 28%. You can download the entire spreadsheet (a mere 72k) which has data for all of California grouped by region then [...] Jackson, Michigan, is home to one of this year’s most closely contested U.S. House races, with both candidates promising to bring jobs back to an area suffering from 13 percent unemployment. Nick Barr, an out-of-work electrician, said the election is the least of his concerns. Via a reader who comments “Why vote? Who [...] |  | ||||
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