Ugh! Gas hits $2.50

Filed Under (Economic) by on 31-05-2009

The price of gas, rising for the 33rd straight day, has reached $2.50 a gallon, motorist group AAA reported Sunday.

Original post by Economic news - CNNMoney.com and software by Elliott Back

For autoworkers, a new world

Filed Under (Economic) by on 31-05-2009

There was a time, not very long ago, when getting a job on the production line at a big automaker meant an instant ticket to the American dream, even for someone with little formal education. Not anymore.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Consumers gain clout in Washington

Filed Under (Economic) by on 29-05-2009

Meet Washington's new power brokers on the economy: Consumer advocates.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Gas price surge may stall recovery

Filed Under (Economic) by on 29-05-2009

The rising price of gasoline is putting pressure on cash-strapped motorists and throwing barricades into the path of a speedy economic recovery.

Original post by Economic news - CNNMoney.com and software by Elliott Back

UAW members ratify GM labor contract

Filed Under (Economic) by on 29-05-2009

General Motors auto workers union overwhelmingly ratified a labor deal that included union concessions, but the changes are not enough to keep the company out of bankruptcy.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Hired! New job, new state, new start

Filed Under (Economic) by on 29-05-2009

As the national unemployment rate continues to rise, the 2.3 million college grads in the class of 2009 are finding that starting a career in the current economic climate will require some sacrifice.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Economy shrinks at 5.7% rate

Filed Under (Economic) by on 29-05-2009

The U.S. economy shrank at an annual pace of 5.7% in the first quarter, a less severe drop than initially reported but still the second-biggest quarterly decline in 27 years, the government said Friday.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Economy’s decline not as steep in revision

Filed Under (Economic) by on 29-05-2009

The U.S. economy shrank at an annual pace of 5.7% in the first quarter, a less severe drop than initially reported, the government said Friday.

Original post by Economic news - CNNMoney.com and software by Elliott Back

Get a great job after graduation

Filed Under (Economic) by on 29-05-2009

With unemployment heading toward double digits, budgets so tight they squeak, and the economic outlook about as clear as mud, three words describe hiring managers these days: picky, picky, picky. Just 54% of employers plan to bring on at least a few new grads this spring, down from 76% two years ago, according to Monster.com's newest entry-level hiring survey, and the competition for management-track jobs is more ferocious than it's been in almost a decade. (See "Four Strategies for the Class of 2009," Ask Annie, April 15, 2009.)

Original post by Economic news - CNNMoney.com and software by Elliott Back

Autoworkers swallow a bitter pill

Filed Under (Economic) by on 29-05-2009

There was a time, not very long ago, when getting a job on the production line at a big automaker meant an instant ticket to the American dream, even for someone with little formal education. Not anymore.

Original post by Economic news - CNNMoney.com and software by Elliott Back

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