Not all cities reported job losses last year there are 15 cities that reported job gains with Houston topping the list with a gain of 57,300 jobs.
Not all cities reported job losses last year there are 15 cities that reported job gains with Houston topping the list with a gain of 57,300 jobs.
200,000 California State Employees are staying home today as the mandatory state furlough begins. The 2-day a month furlough is going to reduce the average state workers salary 9.2%.
The latest job losses are worst then the economist expected. They projected 524,000 job losses and The Labor Department on Friday released the job losses at 598,000.
The failing economy could effect parades across the United States this year into next year as funding grows tighter. Some annual parades that could be effected: The Macy’s Day Parade in New York City, the Rose Parade in Pasadena, Calif, and The Mardi Gras in New Orleans.
In the month of December unemployment rates climbed in 363 of 369 cities. Some 40 cities report jobless rates higher than 10%.
The economic crisis has hit 84% of cities in the United States – eight out of ten cities are in financial trouble, up from 64% six months ago.
An interactive map of the United States that compares unemployment rates, state budget deficit and foreclosure rates that each state is facing during the financial crisis.
The Obama administration on Wednesday is planning to get tough on banks and Wall Street by putting limits on executive pay.
The Senate is voting on giving new car buyers a tax break on the sales tax and interest payments of their new car loans.
New York City facing the biggest fiscal disaster since the 1970′s. Mayor Bloomberg could be forced to lay off 23,000 city workers.
