Friday, December 05, 2008

Dismal Day

No matter how you look at it, today was a bad day. Except for the fact that the Stock Market went up. Go figure.

Bureau of Labor Statistics: This is ‘one of the worst jobs reports’ ever.

Today, the Bureau of Labor Statistics (BLS) reported that employers slashed 533,000 jobs in November, “much higher than the 320,000 economists forecast.” BLS commission Keith Hall presented his report to the Joint Economic Committee this morning, and said that it was “one of the worst jobs reports” in the agency’s 124-year history: HALL: If I were [...]

Record 1 In 10 Homeowners In Serious Mortgage Trouble

A record one in 10 American homeowners with a mortgage were either at least a month behind on their payments or in foreclosure at the end of September as [...]


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