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Posts Tagged ‘ recession ’

At-Home Sex Workers: Mothers Turning to Phone Sex for Cash

At-Home Sex Workers: Mothers Turning to Phone Sex for Cash

Mom, please put the phone down and come to dinner! Not the words you would expect to hear in this day and age, but according to ABC News the phone sex industry is flourishing with the help of ... continue
Unemployment Benefits: Fewer Claims, Improving Economy?

Unemployment Benefits: Fewer Claims, Improving Economy?

Like the first few crocuses poking their little crocus-heads out of the ground after winter, it seems that there may be a few signs of a demonstrably improving economy in the United States. (Well, that analogy only ... continue
Global Markets Tumble As US Recession Fears Continue, Gas Prices Also Down

Global Markets Tumble As US Recession Fears Continue, Gas Prices Also Down

Markets took a battering across the globe on Monday as the worst US employment report in 11 months sparked fears that the U.S. economy is heading back into a recession. Global market problems were exacerbated when the official ... continue
STD Rates Up During Recession

STD Rates Up During Recession

Home prices are down, stocks are down and it seems that while the recession marches on, everything is somewhat depressed. To add to the bad news, it seems that in some areas, the tough financial climate has had ... continue
Can Entrepreneurs Shore Up a Struggling US Economy?

Can Entrepreneurs Shore Up a Struggling US Economy?

Many have argued since it became clear the Great Recession was not a blip but the sum of an entire generation's economic experience that entrepreneurship might just save America's economy. It makes sense, to some degree. The advent ... continue
1 in 7 Americans living in poverty in ‘new, unhappy world’

1 in 7 Americans living in poverty in ‘new, unhappy world’

The Census Bureau released some grim statistics about poverty today, revealing that one out of every seven Americans is "living in poverty" in the United States. In 2009, the poverty rate climbed for the third year running, shooting ... continue
Google searches indicate economy is recovering. Slowly.

Google searches indicate economy is recovering. Slowly.

Hal Varian, Google's chief economist, has noticed some significant, promising changes trending since March. Unemployment searches are down, real estate searches are up, and temporary employment (which often is a pre-indicator for a recovery in the permanent kind) ... continue
Bronx girl Trina Thompson sues college because she can’t find a job

Bronx girl Trina Thompson sues college because she can’t find a job

Unemployment in New York State is skyrocketing, and one city resident isn't taking it lying down. Trina Thompson attended Monroe College in the Bronx and since her graduation with an Information Technology degree in April, Thompson has been ... continue
The Recession 101 ad Campaign – who’s paying for it?

The Recession 101 ad Campaign – who’s paying for it?

Jessica Pressler over at the Daily Intel blog has a really cool story about an outdoor ad campaign that is being run across the country but no-one has any idea who’s behind it, or ... continue
Love don’t cost a thing, but if it did…

Love don’t cost a thing, but if it did…

...it would command a pretty hefty price tag. The last few years have been rough financially, and for many, the opportunities to enjoy oneself via the presence of discretionary income have dwindled significantly. (Which is a "remember when" ... continue
Good news, everyone! World bank predicts worsening global recession

Good news, everyone! World bank predicts worsening global recession

Although Goldman Sachs is predicting record bonuses will be paid out in their best year ever, the rest of the world is not going to be as lucky. The LA Times is reporting that the global economic downturn is ... continue
Keyring Breathalyzer Perfect Example of what’s Wrong with America

Keyring Breathalyzer Perfect Example of what’s Wrong with America

So you're feeling the bite of the recession like everyone else, yet you still think that even though you've been laid off from your job and the bank is about to foreclose on your house, you can ... continue
WebMediaBrands (formerly JupiterMedia) cuts 25% of workforce

WebMediaBrands (formerly JupiterMedia) cuts 25% of workforce

WebMediaBrands, the parent company of Internet.com, Mediabistro and other well known online brands has cut 25% of its workforce, or 60 people. The company, formerly known as JupiterMedia also cut all existing pay rates by 5% over ... continue
Just Do It: Nike Layoffs will see 1400 people go

Just Do It: Nike Layoffs will see 1400 people go

Shoe companies aren't immune to the global recession, with Nike set to announce layoffs of 4%, of 1400 people of form its 35,000 strong global workforce. Nike is headquartered in Portland, Oregon and employs 7,000 people in the ... continue
Recession Causes Car Thefts To…..Decrease

Recession Causes Car Thefts To…..Decrease

The ruling orthodoxy on socio-economics is that difficult times drive a rise in crime, but maybe as a sign of how bad things may have become, at least one crime is decreasing: car theft. In Baltimore, the number ... continue
Repent! Recession is at hand!

Repent! Recession is at hand!

As of writing this post, stock markets from around the world have plummeted. Here in the U.S., the Dow Jones industrial average dropped by more than 480 points after opening bell. Reports had it that there ... continue