Posts Tagged ‘Unemployment’

US Postal Service announces voluntary buyouts to trim 7,500 administrative jobs

Linda Young – AHN News Writer Washington, D.C., United States (AHN) – The U.S. postal With the national unemployment rate running at 9.5 percent The U.S. Postal Service announced Thursday it is offering buyouts to eligible employees in an effort to cut 7,500 administrative jobs. Postal officials hope the $20,000 buyout packages encourage enough workers [...]

Loans For The Unemployed: Hassle Free Funds For Jobless People

Unemployment can be the most difficult phase in anyone life. At the phase of being without a job you might be distress from lack of finance. There are sure financial requirements in life which just cannot be avoid. At such time you possibly will think to select for a loan. Though, without having any security [...]

10 Frequently Asked Questions on Loan Modifications

Q) Is unemployment considered a hardship?          A) Unemployment is considered a hardship but the lender will also want to make sure that the borrower will be able to make the modified payments. While social security and other payments can be factored toward the monthly payment, there is such a thing as too much hardship. [...]

Jobless economic recovery continues as unemployment claims rise to 410,000

Linda Young – AHN News Writer Washington, DC, United States (AHN) – The ongoing recovery in the nation’s financial service sector still has not reached the rest of the economy, causing the number of Americans filing first time jobless claims to rise to 410,000 for the week ending Feb. 12. That was an increase of [...]

United Kingdom jobless rate rises to 7.9%

Linda Young – AHN News Writer London, United Kingdom (AHN) – The unemployment rate in the United Kingdom rose unexpectedly during the last three months of 2010, by 44,000 to nearly 2.5 million people. According to the Office for National Statistics (ONS), the unemployment rate is now 7.9 percent. That is up from 7.8 percent [...]

Fed chair: Unemployment rate will take years to drop, deficit ‘unsustainable’

Linda Young – AHN News Writer Washington, DC, United States (AHN) – Federal Reserve chief Ben Bernanke says the unemployment rate in the United States will not drop to pre-financial crisis levels for a number of years. Bernanke made that statement Thursday in answer to questions about the economy from the Congressional Committee on the [...]

U.S. employment figures inch up in January as Bernanke hopeful

Tejinder Singh – AHN News Correspondent Washington, DC, United States (AHN) – U.S. nonfarm employment figures rose slightly, far less than the pundits had predicted but the government cited severe weather as affecting construction payrolls while the White House welcomed the slight dip in unemployment. Posting on the White House blog, Austan Goolsbee, chairman of [...]

Initial jobless claims fall to 415,000

Linda Young – AHN News Writer Washington, DC, United States (AHN) – First time claims for unemployment compensation payments fell last week to 415,000, a decrease of 42,000 from the 457,000 initial claims filed during the week ending Jan. 22, U.S. Department of Labor officials announced Thursday. It was better than some economists expected. It [...]

Initial jobless claims rose to 454,000 for week ending Jan. 22

Linda Young – AHN News Writer Washington, D.C., United States (AHN) – Initial jobless claims rose for the week ending Jan. 22, reversing a decline in initial filings the week before that many observers had hoped signaled an improvement in the jobs picture. Initial claims for unemployment compensation benefits rose by 51,000 to 454,000 last [...]

Jordanian authorities struggle to contain an angry public

The Media Line Staff Amman, Jordan (TML) – Jordanian authorities have put security forces and police on red alert during the past two weeks as concern that Tunisia’s unemployment revolt which toppled President Zine El Abidine Ben Ali could ignite an already angry Jordanian public. The army, gendarmerie and other police units have been banned [...]

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