Sep
14
US census report is out and it is disheartening. The U.S. poverty rate rose to the highest level in almost two decades and household income fell in 2010, underscoring the lingering impact of the worst economic slump in seven decades. Data released by the Census Bureau today showed the proportion of people living in poverty …
Permanent link to this article: http://www.wealthson.com/1693/poverty-rising-and-income-falling-in-us
Aug
02
EU is all in mess. The crisis doesn’t seem to end. All the major economic indicators show that EU is reeling under endless pain which have been inflicted by the policymakers’ inability to read the ground realities. The crisis is the outcome of inflated economic figures that had no fundamentals behind it. Engineered math can …
Permanent link to this article: http://www.wealthson.com/1570/major-economic-indicators-of-europe
Jun
01
Quantitative Easing 2, which was released an year ago when US needed to pump in money to save its economy, has completed its lifetime. Now since QE2 has ended, everyone is analyzing the affects it had on US economy. Here are few parameters to check how US economy did in past one year. 1. Mass …
Permanent link to this article: http://www.wealthson.com/1070/how-us-economy-faired-in-last-1-year-as-qe2-ends
Jun
01
Downturn brings in difficult times, specially if one is kicked out of his office by his boss and he says “we are into cost cutting measures now”. A person is said to unemployed when he is willing to work, looking for work but not getting the work. There is a time period for which an …
Permanent link to this article: http://www.wealthson.com/1061/how-long-before-the-unemployed-find-jobs-or-quit-looking
May
29
According to a report by OECD, the government of nations under OECD should realize that their youth may have to face long run unemployment. The job prospects in these countries remain grim and worst in case of youth employment. High degree of dropouts from schools in countries like Spain may cause increase in number of …
Permanent link to this article: http://www.wealthson.com/1048/youth-in-many-developing-countries-to-suffer-long-run-unemployment
Oct
07
Unemployment condition in some advanced economies of the world present mixed picture from February 2009 to July 2010. Highlights Countries like US, France, Italy, Sweden, Germany and UK has seen high level of unemployment while Japan, Australia, Netherland had comparatively low level. Unemployment has risen consistently in Netherland. CHART . Monthly unemployment rates unadjusted …
Permanent link to this article: http://www.wealthson.com/861/comparing-unemployment-in-10-industrialized-countries
Sep
15
Economic Release Change Period Covered Consumer Price Index (CPI) +0.3% Jul 2010 Unemployment Rate 9.6% Aug 2010 Payroll Employment -54,000 Aug 2010 Average Hourly Earnings +$0.06 Aug 2010 Producer Price Index (PPI) +0.2% Jul 2010 Employment Cost Index (ECI) +0.5% 2nd Qtr of 2010 Productivity -1.8% 2nd Qtr of 2010 U.S. Import Price Index +0.6% …
Permanent link to this article: http://www.wealthson.com/803/us-major-economic-numbers-at-a-glance
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Name: Hitesh