Archives for September 2010

One in Seven in Poverty

September 2010 The Census Bureau reported,  in its annual report for 2009 that the overall poverty rate climbed to 14.3 percent or 43.6 million people. The poverty rate climbed from 13.2 percent, or 39.8 million, in 2008. Another way to look at this is one out of every seven working-age Americans (18 – 65) is […]

Non-Farm Payrolls Decrease 3rd Month in a Row

Job losses much worse than the average recession in third consecutive monthly decline. Today, the Labor Department reported that nonfarm payrolls (jobs) decreased by 54,000 in August — the third consecutive decline. Today’s chart puts the latest data into perspective by comparing job losses following the beginning of the current economic recession (solid red line) […]