Unemployed and need to learn new skills to get hired again, but can’t afford the tuition to go back to school? Help may be on the way. Democratic Senator Bob Casey of Pennsylvania is pushing for a new law that aims to pay community colleges nationwide $1,000 per student to retrain laid-off workers
Tag Archives: Recession
Stress Test Results: Most Banks Likely to Pass
Is your bank broke? Probably not.
Why the French Love to Strike
Protesting fishermen who had shut down traffic in several large ports on France’s northern coast ended their two-day blockade Thursday but promised to be back if their grievances weren’t addressed.
Right-wing extremism may be on rise, report says
Right-wing extremist groups may be using the recession and the election of the nation’s first African-American president to recruit members, a Department of Homeland Security report contends. Though the nine-page report said it has “no specific information that domestic right-wing terrorists are currently planning acts of violence,” it said real-estate foreclosures, unemployment and tight credit “could create a fertile recruiting environment for right-wing extremists and even result in confrontations between such groups and government authorities similar to those in the past.” The report, prepared in coordination with the FBI and published April 7, was distributed to federal, state and local law enforcement officials under the title “Right-wing Extremism: Current Economic and Political Climate Fueling Resurgence in Radicalization and Recruitment.” It compares the current climate the 1990s, “when right-wing extremism experienced a resurgence fueled largely by an economic recession, criticism about the outsourcing of jobs, and the perceived threat to U.S. power and sovereignty by other foreign powers.” It cites proposed restrictions on weapons as likely to increase membership in extremist groups and expresses concern the groups might try to recruit veterans.
Obama says economy improving but hard times ahead
President Obama said Tuesday that recent stimulus measures "are starting to generate signs of economic progress," but more tough times are ahead. The White House described Obama’s speech as a major address on the economy.
Despite Downturn, and Backlash, Illegal Immigrants Are Staying Put
Margarito has a decision to make: After more than a decade of living and working illegally in the U.S., is it time to go back home to Mexico? He and his wife lost their jobs recently .
Chocolate Sales: A Sweet Spot in the Recession
It is just days before Easter and housewife Laure Bertini walks the aisles of the Manor supermarket in downtown Geneva, looking for holiday treats. “Chocolate will always be at the top of my shopping list, regardless of the economy,” she says, filling her cart with gold-foil-wrapped chocolate bunnies from the Swiss maker Lindt
Denny’s: Where The Food Is Free, and Drunks Can Pee
Denny’s, one of the many casual dining chains whose sales are suffering in the recession, needs a few thousand customers like Cory McGrath. On Apr
Japan announces $150B stimulus plan
Japan’s Prime Minister Taro Aso announced a historic ¥15 trillion ($150 billion) stimulus package Friday aimed to turn around the recession in the world’s second largest economy.
Older Workers, Hurt by Recession, Seek New Jobs
In these scary economic times, older workers are putting off their retirement and hanging on to a paycheck. Some retirees struggling to make ends meet are scanning help-wanted ads for the first time in years.