All posts for the month September, 2008

US economy is growing slow

President Bush is influencing the urging lawmakers to pass the cooperation to financial system bailout bill, which is fashioned in marathon weekend bargaining. It is needed for maintaining stable growth in US economy and in stopping the crisis of financial industry from spreading across the economy. Bush made the statement at the White House, assuring […]

Mass Layoffs Increase Jobless Beneficiaries

The claims of unemployment benefits are reported to reach record numbers. The increase in mass layoffs and the decreased hiring in firms all over the country has peaked the number of people turning to the federal offices asserting the unemployment benefits. According to the Labor Department, the claims of unemployment insurance have reached the 4.78 […]