Workers flood into unwanted jobs as recession bites
Amid a deep recession 6.7 million jobs were erased and 14.5 million remained unemployed in the prior month 9.4 percent jobless. Nichole McRoberts of Sedalia Mo describes shifting from cutting poultry carcasses to lower paid work and Ronnie Purtty 50 finds relief gathering trash in St Louis alleys after layoffs from steel hauling.
MENTIONED IN THIS ARTICLE
Nichole McRoberts
Sedalia
Consid
Freedman
Ronnie Purtty
St. Louis
Purtty
Consumers cut debt for fifth straight month in June
U S consumer debt declined by 10.3 billion dollars or 4.9 percent annual rate to 2.5 trillion as Americans rebuild savings amid recession. The drop came after 2.6 percent in May and 8.2 percent in April, with job losses and falling home values driving reduced spending.
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Job losses slow as July shows hiring signs in recession period
July data show 247000 jobs lost, down from 443000 in June, with unemployment dipping to 9.4 percent from 9.5. Hours and pay rose, signaling a turn for the better though labor market remains fragile. Analysts note need for about 125000 jobs monthly to hold unemployment steady and 200000 for 5 percent unemployment.
MENTIONED IN THIS ARTICLE
Labor Department
Ken Mayland
ClearView Economics
Big Telcos Agree to Provide Data for National Broadband Map
AT&T Verizon and Comcast will supply details on their broadband networks to the federal government. Lawrence Strickling of the NTIA says the data are crucial for creating the nationwide broadband map. Congress earmarked up to 350 million dollars to fund the inventory map of nationwide broadband service.
MENTIONED IN THIS ARTICLE
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At&t Inc
Verizon Communications Inc
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Lawrence Strickling
National Telecommunications and Information Administra
Tion
Commerce Department
Congress
United States
Apples and cool weather boost fall color at orchards
The harvest mood feels like fall as cool nights bring color to apples at Marion and across the state. Wills notes decent crops despite some hail damage and dry spells. Diane Allen says color has improved due to cool nights, though last year’s bumper crop outpaced this season.
MENTIONED IN THIS ARTICLE
Wills
Diane Allen
Allen
Marion
Morris Allen
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