Unemployment Rate Down To Lowest Since December ’08

There’s good news and bad news for the unemployment rate. The good news is that the rate is the lowest is has been since December 2008, the bad news is that it could take up to five years before employment is fully restored. Last month 165,000 Jobs were added to the economy, making the percent down to 7.5 from 7.6 percent. Sadly there are still 12 million people unemployed in the U.S. that are unemployed and if we continue at this rate, we won’t have full employment until 2021. Read more below.


(Video) Obama and Republicans Brawl–US Budget Gets Cut?!?

The sequester is now here and states are bracing for the million dollar budget cuts in areas such as education, Medicare, and Defense. The Democrats and Republicans could not agree on how to settle the budget, screwing the whole country in the process. Obama called out the Republicans, saying “None of this is necessary. It’s happening because Republicans in Congress chose this outcome over closing a single wasteful tax loophole that helps reduce the deficit.” Republicans refused to close a tax loophole that evens the playing field for the rest of us (which is basically an exemption that lets people pay a VERY small tax percentage on large sums of money) and would not negotiate further. They could have called the whole thing off but didn’t and we all lose because Congress was hijacked. Hit the jump to see the INSANE cuts that are going to be felt around the country.


U.S. Labor Department Has Some Great News!!!

The U.S. Labor Department brought us some good news, hit the jump to find out what it is! AliTheGreatest


Ford Plans To Hire How Many New Employee’s?!?!

As unemployment is still a worry, Ford plans to help change that. Hit the jump to see how many jobs they plan to give. AliTheGreatest


Could The Job Market Be Picking Up In 2013 ???

YES YES YES!!! Well, I hope so. The Labor Department is saying that the unemployment application process has went down 12,000 to a seasonally adjusted 350,000 in the week ended Dec. 22. The holidays could have thrown the numbers off a bit, but we may just begin to walk into the CLEAR. There have been about 151,000 jobs put into the market so far this year, which is a healthy sign. Let’s get there America. Drop down bottom for more. JaaiR (JR)


Swiss Banking Giant UBS To Cut 10,000 Jobs Globally

Switzerland based bank, UBS AG, is set to cut its workforce by 16% according to a source. UBS currently employs about 60,000 people around the world. This is set to be one of the biggest blows in the banking industry’s history. Click below for more info. Funk Flex


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