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95,000 Jobs Lost in September: How Many Is That, Really?
By Carl Franzen - AOL News
(Oct. 8) -- For the past two years, talk about the economy has basically come to center around one critical indicator: job creation. Specifically, the fact that in this post-recession, achingly slow recovery period, new hiring hasn't been anywhere close to the rate required to get us back to pre-recession levels anytime soon. This morning's news that the economy shed some 95,000 non-farm jobs is not that surprising, but it's also not very reassuring either. As the Bureau of Labor Statistics points out, the losses are mostly due to cuts in government jobs or the end of temporary government ...
David Cameron Promises End to Big Government in U.K.
By Delia Lloyd - Politics DailyBritish Prime Minister David Cameron was the talk of the town Wednesday as he held his first face to face meeting with President Obama at the White House. But while foreign policy and the oil spill dominated the discussion between the two leaders in Washington, back in the U.K., Cameron was in the news for his domestic policy agenda. Shortly before leaving for Washington, the new prime minister unveiled a plan to dramatically redistribute power in Britain from the central government to local community organizations. In what is being billed as his most meaty policy speech since taking office ...
Chicago Government Closes Its Doors 'Til Tuesday
By Ria Misra - Politics DailySince the recession hit, many businesses have found themselves forced to cut back their operations or even close up shop. Add one more name to the list: the city of Chicago. Chicago's CBS2 reports that, faced with an increasingly grim economic outlook, the city is shutting its doors today for one of three reduced-service days scheduled this year. Police officers and firefighters remain on duty -- but most other city services, including municipal health clinics, trash pick-up and City Hall, are not in operation. Chicago isn't the only local government looking at creative ways out of its ...
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