Posts Tagged “Joblessness”

News Sources wrote an interesting post today on
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Bernanke Says Joblessness, Foreclosures Challenges to RecoveryBusinessWeek“Mortgage delinquencies for both subprime and prime loans continue to rise as do foreclosures. The commercial real estate sector remains troubled, …and more »

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webmaster@technorati.com wrote an interesting post today on
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Bernanke Says Joblessness, Foreclosures Pose HurdlesBusinessWeek“Mortgage delinquencies for both subprime and prime loans continue to rise as do foreclosures. The commercial real estate sector remains troubled, …and more »

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wrote an interesting post today on
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Nation in ‘modest’ economic recoveryBoston GlobeTroubled commercial real estate loans are putting more pressure on banks and their ability to make new loans. At the same time, extended joblessness is …and more »

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News Sources wrote an interesting post today on
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StanCorp Financial Group Inc.’s ( SFG ) third quarter earnings of $1.21 per share were just a penny ahead of the Zacks Consensus Estimate of $1.20 per share. The company had earned $1.46 per share in the year-ago quarter. High unemployment rate and rising joblessness continue to impact the company’s earnings. Quarterly results reflect higher-than-expected claims activity and reduced premiums in the group insurance business. However, the company benefited from the expense reduction initiatives

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News Sources wrote an interesting post today on
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By Rich Miller Bloomberg.com Sept. 28 (Bloomberg) — Full employment ain’t what it used to be. Economists since the mid-1990s have reckoned that full employment was equivalent to about a 5 percent unemployment rate, taking into account the time required to switch jobs. Now Nobel Prize winner Edmund Phelps and Pacific Investment Management Co. Chief Executive Officer Mohamed El-Erian say the fallout from the deepest recession in more than five decades is driving the so-called natural rate h

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