Article by
missy on September 5th, 2008 at 9:47 am
The nation’s unemployment rate zoomed to a five-year high of 6.1 percent in August as employers slashed 84,000 jobs, dramatic proof of the mounting damage a deeply troubled economy is inflicting on workers and businesses alike.
The Labor Department’s report, released Friday, showed the increasing toll the housing, credit and financial crises are taking on the economy.
…The Dow Jones industrial average was [...]
Article by
John on August 19th, 2008 at 9:55 am
A letter to the editor in The Columbian today:
Can we afford change?
President Bush has been in office for approximately 7½ years. During the first six years of his presidency the economy was fine. Consumer confidence stood at a 2½-year high; regular gasoline sold for approximately $2.19 a gallon; the unemployment rate was 4.5 percent; the Dow Jones hit a record high at [...]
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