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Majority of U.S. Adults Worried about Cost of Medical Care and Insurance

added: 11-03-2009

Half of U.S. adults (48%) are very to extremely worried about having to pay more for their health care or health insurance, and only 8% are not worried at all. Those ages 45 to 64 years old are most worried (56%), whereas the younger generation (ages 18 to 34) are least worried (37%).

U.S. Employers Foresee Subdued Hiring Activity in Q2 2009

added: 10-03-2009

U.S. employers are projecting a considerably slower hiring pace for Quarter 2 2009, according to the seasonally adjusted results of the latest Manpower Employment Outlook Survey, conducted quarterly by Manpower Inc.

More Car Shoppers Switching From New- to Used-Car Purchases

added: 10-03-2009

According to a recent Cars.com survey, 32 percent of car shoppers who were thinking of buying a new car are now looking for a more affordable used car as a result of the economy. That's up 5 percent from last October, when 27 percent of in-market shoppers said they would switch from buying new to buying used.

The American Dream Has Been Revised Not Reversed

added: 10-03-2009

Work - and the paycheck and benefits associated with it - is the linchpin holding together the American dream, according to The 2009 MetLife Study of the American Dream.

Hedge Fund Managers Expect Difficult Year Ahead

added: 10-03-2009

While reporting an almost universal desire to raise new capital, the vast majority of senior hedge fund managers are anticipating that 2009 will be a difficult year for the industry.

Credit Cards: Delinquency Rates up 11 Percent From Previous Quarter

added: 10-03-2009

TransUnion.com released the results of its analysis of trends in the credit card lending industry for the fourth quarter of 2008. Average bankcard borrower debt inched upward nationally 0.33 percent to $5,729 from the previous quarter's $5,710, and 1.96 percent compared to the fourth quarter of 2007 ($5,619).

Employee Confidence Index Declines 2.6 Points in February 2009

added: 09-03-2009

The Spherion Employee Confidence Index decreased 2.6 points to 40.1 in February. The Index, which measures workers' confidence in their personal employment situation and optimism in the economic environment, reveals that fewer workers are confident in their ability to find a new job and fewer are optimistic in the future of their current employers.

US Employment Situation in Fabruary 2009

added: 09-03-2009

Nonfarm payroll employment continued to fall sharply in February (-651,000), and the unemployment rate rose from 7.6 to 8.1 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Payroll employment has declined by 2.6 million in the past 4 months. In February, job losses were large and widespread across nearly all major industry sectors.

NRF Warns Banks’ Mortgage Mistakes Being Repeated in Credit Card Market

added: 09-03-2009

The National Retail Federation told state attorneys general this week that hefty interchange fees have changed the credit card industry in much the same way lucrative origination fees changed the home mortgage industry and contributed to the current recession.

Funding Status of U.S. Pension Plans Falls Six Percentage Points

added: 09-03-2009

Funding ratios at the typical U.S. corporate pension plan dropped six percentage points in February as falling equity markets continued to reduce the value of assets in moderate risk pension portfolios, according to BNY Mellon Asset Management.

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