Tuesday 25 September 2012

Recession means lower incomes, more poverty for Coloradans, Census data show

Avoiding a Double-Dip Recession Doesn't Require Extending the Bush Tax Cuts
Huffington Post
Politicians, pundits, and the press corps are turning their attention to the so-called "fiscal cliff," the host of expiring tax provisions and scheduled spending cuts that will collectively push the U.S. economy into a double-dip recession in the first ...
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Low-income Southland households had biggest recession losses
Los Angeles Times
People of all income levels across Southern California suffered losses during and after the GreatRecession, but the lowest fifth of households took the biggest hit, new census data show. Los Angeles County households whose earnings put them in the ...
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Recession means lower incomes, more poverty for Coloradans, Census data show
Colorado Springs Gazette
Coloradans have lower real incomes, a higher percent are living in poverty and fewer own their own homes than the year before the recession began in 2007, according to an I-News analysis of Census figures released Wednesday. The analysis also found ...
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Recession and jobs: Is energy the driver?
Christian Science Monitor
This is big part of the reason why recessionary impacts are now worse in Europe than the United States.) In the case of high oil prices and lay-offs, less energy of all types–not just oil–is used. Laid-off workers may move in with relatives, and thus ...
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Christian Science Monitor
Has US economy bottomed out? Census suggests yes
Huffington Post
"We may be seeing the beginning of the American family's recovery from the Great Recession," said Andrew Cherlin, a professor of sociology and public policy at Johns Hopkins University. He pointed in particular to the upswing in mobility and to young ...
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The Must Read: Profits Recession, Stimulus Risk
Bloomberg
The Must Read: Profits Recession, Stimulus Risk. Bloomberg. Subscribe Subscribed Unsubscribe. Loading... 30,330 videos. Loading... Alert icon. You need Adobe Flash Player to watch this video. Download it from Adobe. Alert icon. Close. Upgrade to the ...
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New study shows recession's toll on health—and reveals unexpected ...
Sacramento Bee
19, 2012 -- /PRNewswire-USNewswire/ -- A study authored by leading Wellesley College economists shows that over time, a recession can have significant, adverse effects on the health of older workers—and in some cases, can cut life expectancy by up to ...
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Mining strikes could 'spark recession' in SA
Mmegi Online
Advertise Here. World. Mining strikes could 'spark recession' in SA. Tweet. MIDRAND: President, Jacob Zuma has warned that the ongoing strikes in the mining sector could plunge the economy into anotherrecession and leave millions jobless.
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Recession 'could last 20 years'
Irvine Herald
The recession could last over 20 years as the economy struggles to cope with an ageing population and extraordinary levels of debt, experts have warned. Even if the economy does start to grow, it will plunge one-fifth of homeowners into "real trouble ...
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When Stocks Might Hit New All-Time Highs
U.S. News & World Report (blog)
The S&P 500 index peaked in October 2007, two months before the recession officially started, at 1,565. Today the S&P 500 is around 1,460, about 7 percent below the peak. The tech-heavy NASDAQ composite has already exceeded its 2007 peak (though ...
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