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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Sep 12, 2012
Page
12
Annual job based family health insurance premiums rose four percent this year to an average of 15 745 dollars with employees paying over 4 300 dollars. Lower wage workers face costlier, leaner coverage as wages stay flat or fall.
Moody's Investors Service warned on Tuesday the U S debt rating could be cut by one notch if Congress does not reach a budget agreement. A fiscal cliff would trigger 1.2 trillion dollars in automatic spending cuts and tax increases starting Jan 2, risking a recession and higher unemployment.
U S employers posted fewer job openings in July than June, with 3.67 million openings seasonally adjusted. The unemployment rate fell to 8.1 percent as labor force participation dropped, leaving about 3.5 seekers per opening and 12.8 million unemployed.
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