It is being reported that Fast and the Furious star Paul Walker, 40, was involved in a fiery car accident early Saturday afternoon in Southern California. The report is that Walker and an unidentified man were driving in Santa Clarita, just north of Los Angeles, when the driver somehow lost control and smashed the Porsche into a tree or a… Read more →
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For the fifth straight month unemployment rate goes down
Hiring up, unemployment down. Both trends continue for the fifth straight month after economists expected the opposite result. The unemployment rate is now at 8.3%, the lowest it’s been since February 2009, as the private sector has added 243,000 jobs in the month of January. This continues improvement from December which saw 203,000 jobs added. Economists surveyed by CNNMoney had… Read more →
December 2011 Jobs Report: Unemployment rate goes down with hiring going up in December
The unemployment rate has now reached 8.5%, its lowest since February 2009. Hiring in December, as should be expected, went up as employers hired 200,000 employees. While the private sector added 212,000 jobs the public sector cut 12,000 as government has been trying to lower payroll. 1.6 million total jobs were added in 2011 which is a significant increase from… Read more →