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Expectations for Economy and Jobs Fell to Lowest Point in January 2009

added: 03-02-2009

The Harris Poll® conducted just before President Obama was inaugurated found that public expectations for the economy, the job market and personal finances had fallen to new lows. Only 11% of all adults reported that their household’s financial condition had improved compared to a year ago, down from 14% last November and 31% last July. Fully 59% said it had become worse.

Consumer and Business Travel: Bundle Up for More Than the Weather

added: 03-02-2009

New economic realities are affecting every aspect of the American way of life, and both recreational and business travel are not exceptions. Recently, Maritz Research Hospitality Group conducted a poll to see how current economic circumstances are impacting people's travel intentions for the first part of 2009. The results show that Americans are ready to cut back on travel and entertainment costs during the first few months of 2009.

U.S. Banks ARE Lending

added: 03-02-2009

Banks in the United States ARE lending. In the midst of so much misleading information around lending activities of U.S. banks, as well as banks' use of the federal bailout money, Treasury Strategies Partners, Anthony J. Carfang and Cathryn R. Gregg, are compelled to set the record straight with the open letter to congress that appears below.

Fannie Mae and Freddie Mac Can Help Ease Mortgage Crisis With Streamline Refinances

added: 03-02-2009

A new Fannie Mae/Freddie Mac refinance program could bring significant relief for the mortgage crisis. According to Rodney Anderson, the nation's #1 producer of FHA and VA loans, initiating streamline refinances for Fannie Mae and Freddie Mac will enable more homeowners to transition into quality loans, which would not only prevent future foreclosures, defaults and delinquencies, but would also help stimulate the economy and provide the government with a monthly influx of mortgage insurance revenue.

The Conference Board Reports Online Job Demand Plunges 506,000 in January 2009

added: 03-02-2009

Online advertised vacancies declined 506,000 to 3,355,000 in January, according to The Conference Board Help-Wanted Online Data Series. The January loss, combined with a similar sharp drop of 507,000 in December, results in a decline of over 1 million advertised vacancies, or 23 percent, in the last two months.

Recession-Wary Employers Seek Better Ways to Find Star Job Performers in a Flood of Job Seeker Resumes

added: 03-02-2009

While many employers throughout the United States may be cutting back on overall staffing levels during the economic recession, companies also recognize this period of time as an opportunity to hire top-quality job candidates. The challenge, recruiters say, is managing tighter recruiting budgets and picking out top job performers in a flood of increased resume submissions.

Green Business is Growing, but Progress is Not Moving Fast Enough

added: 03-02-2009

Green business activity has continued to grow, even during a down economy, but the aggregate environmental progress being made is marginal, according to a new report, titled "State of Green Business 2009," the second annual report of its kind published by GreenBiz.com.

Lower Home Prices Lead to Increased Sales

added: 02-02-2009

Thanks mostly to much higher sales in California, the December average of Home Sales in 56 markets across the country rose 9.73% from November and 11.36% above December 2007 sales. Year-over-year sales increases in California were up 75.55% in the Los Angeles metro area and up 44.42% in San Diego. Other sharp increases were recorded in Las Vegas, up 82.3%, Phoenix, up 69.24%, and Miami, up 68.78%.

Staffing Service Provides List of Top Project Roles in Current Economy

added: 02-02-2009

Professionals who are trying to land a job may want to pursue project work. According to specialized staffing service Robert Half International, companies that are unable to add full-time employees during periods of economic uncertainty often bring in professionals on a temporary basis, which can translate into opportunities for those who are looking to earn income, make new contacts and enhance their marketability during an extended job search.

Obama Ignores Existing Federal Economic Stimulus Plans

added: 02-02-2009

President Barack Obama's current economic stimulus plan makes no mention of any provisions to address a myriad of problems that have been uncovered in existing federal programs designed to stimulate the economy and create jobs.

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