Posts Tagged ‘unemployment’

Payroll-tax cut pact passes Congress

Diane Alter – AHN News Reporter Washington, D.C., United States (AHN) – Congress Friday swiftly passed a deal to extend the payroll-tax cut through the end of 2012, continue paying unemployment benefits and avoid a steep cut in Medicare doctors’s fee, moving forward from a lengthy fight that had tied up legislators for months. The [...]

Spain’s Socialists punished in local elections (Reuters)

Reuters – Spain’s ruling Socialists headed for a crushing defeat in local elections on Sunday, punished by voters after a week of mass public protests over high unemployment levels and a stagnant economy. View full post on All Stories

Unemployment claims decrease to 409,000

Linda Young – AHN News Writer Washington, D.C., United States (AHN) – Initial jobless claims declined by 29,000 to 409,000 for the week ending May 14 compared to the previous week’s tally of 438,000 claims. That is still above the 400,000 mark. Analysts say first time unemployment compensation insurcance claims must drop below 400,000 and [...]

Massachusetts Unemployment Office: Data Breach Caused By Virus

Because unemployed people haven’t been victimized enough already by our wonderful economy, just for lulz, let’s put their personal data in jeopardy too. EOLWD learned yesterday that the computer virus (W32.QAKBOT) was not remediated as originally believed and that the persistence of the virus resulted in a data breach. Once it was discovered, the system [...]

AIB hopes slowing unemployment caps arrears

Allied Irish Banks (ALBK.I) is hoping that slowing unemployment in Ireland will cap the proportion of its mortgage loans that are under stress. “From the forecast that I have seen the rate of unemployment growth is slowing and so we hope that we still have single figure percentage criticised loans in our mortgage book and [...]

Sorry, Obama, but budget cuts are not “historic”

You can count me in with the group that finds it sickening to hear President Obama and Senate Majority Leader Harry Reid hail the budget deal reached this weekend as “historic” and “the largest annual spending cut in our history.” A historic blunder, maybe, but certainly not a triumph. When unemployment is high and the [...]

Bulgarian Socialists Vow for Economic Paradise

The opposition Bulgarian Socialist Party presented Saturday an ambitious program for governing the country, setting high goals in the field of the economy. The program of the main opposition party in Bulgaria includes creating 200,000 new jobs, lowering of unemployment to no more than 8%, and raising the average wage in Bulgaria to 60% of [...]

Palestinian Economic Boom in Jeopardy, IMF Warns

The Media Line Staff Gaza, Palestinian Territory (TML) – The rapid economic growth in the Palestinian-ruled West Bank and Gaza Strip have enjoyed in the last few years is in jeopardy, unless Israeli restrictions on trade are eased and private sector investment is put to work to build businesses and create jobs, the International Monetary [...]

No Credit Check Long Term Personal Loans For 15000

When unemployment comes in the life of person then he gets upset due to it. Now and then, he has to go by monetary problems and that time his family members and the relatives also do not help him in this situation. When you are to handle this situation in every condition, at this moment [...]

UAE Sees Expat Population Reach 90% Even as Economy Slowed

The Media Line Staff Dubai, United Arab Emirates (TML) – Expatriates have increased their share of the United Arab Emirates (UAE) population to close to 90% in the past three years, even as the domestic population grew sharply and an economic downturn slowed the increase in foreigners to nearly nil, figures from the National Bureau [...]

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