Does a College Degree Protect your Career? Unemployment Rate for College Graduates Highest on Record.
As many students begin applying for the 2010 academic school year, students are looking at an economic climate where endowments are hit, student loans are more restrictive, and parents have seen 529 plans sink along side their retirement plans. The upcoming school year will be highly competitive and expensive but will it be worth it? […]
Can the U.S. Dollar Rally while Stocks go Down? U.S. Dollar Fueling Stock Market Rally: Examining the Dow World Index and Dow Index in Relation to the U.S. Dollar. U.S. Dollar down 35 Percent since 2001.
The role of the U.S. dollar is coming into question during this economic crisis. Most average Americans are oblivious to the fact that since 2001, the U.S. dollar has fallen a stunning 35 percent. What seemed as good economic times was purely a credit bubble fueled by easy money from the U.S. Treasury and Federal […]
FDIC Insured Institutions have $13.3 Trillion in Assets. 8,195 Banks and 116 Institutions Hold $10.2 Trillion of Those Assets. One out of Four Institutions Unprofitable. 1,000 Banks Will Fail or Merge.
The banking system has taken the country to the financial edge of the greatest recession since the depression. The enormous number of bad loans floating out in the economy only complicates the unemployment situation. When we look into the latest banking data, we realize that over 1,000 of current banks will fail or merge with […]
California Economy: $80 Million in Unemployment Insurance Being Paid out Per Day. 143,000 Exhausted Their Jobless Benefits on September 1. One in Four Unemployed Workers without a Job for 27 Weeks or More.
In another sign that California is inching back to the financial edge, earlier this week 143,000 unemployed Californians exhausted their unemployment benefits. Now, you might think that this is simply a function of a normal recession. It is not. In fact, many of these people have exhausted their 26 weeks of benefits plus three additional […]