Thursday, January 8, 2009

Recession Watch

USN Current Issue

The Jobs We Lost in 2008

A sector-by-sector look at the job losses of last year. more >>

7 Jobs for Job Security in a Recession

Although it increasingly sounds like an anachronism, job security is growing in appeal. more >>

Obama Faces a Delay for His Economic Recovery Plan

No deal by Inauguration Day, a blow to Obama's hope for a quick response to the economic crisis. more >>

For Stimulus, Is Obama Mulling Creating a New Conservation Corps?

Several groups are pushing Obama to create new jobs by rebuilding America's national parks. more >>

Year in Review: Job Losses By Sector - US News and World Report

Top 5 News Stories of the Year: U.S. Economic Recession Heads List, Falling Price of Gas Ranks No. 6

A recent poll reveals the 5 stories most read by Americans in 2008. more >>

Recession Hits Retailers: Total U.S. Retail Sales for the Holiday Season Drop

Holiday retail sales drop significantly compared with 2007. more >>

Amid Economic Pain, Americans Cut Back on Cosmetic Surgery

Bad economy means fewer tummy tucks, eye lifts, breast implants, and other elective operations. more >>

Why Many Iraqi Refugees Who Want to Settle in Detroit Are Being Sent Elsewhere

Detroit has a large Arab community. But the recession has hit the city particularly hard. more >>

New Data Show GDP Was Declining Even Before Fiscal Crisis Hit

The collapse of the credit markets accelerated the drop in GDP. more >>

For Iraqi Refugees in America, the Recession Makes It Even Harder to Find Jobs

It has never been easy for refugees to start a new life in America. But Iraqis are really struggling. more >>

Sheila Bair: We Need Foreclosure Mitigation Now

FDIC chairman discusses her plan to keep struggling borrowers in their homes. more >>

Volunteer to Help Those Hit By the Recession

You can help others and also develop connections and skills that can help you, too. more >>

Foreclosure Discounts By State

Chart shows which states have the largest discrepancies between listing and REO prices. more >>

Foreclosure Discounts by City

A look at the foreclosure bargains available in certain cities more >>

Nouriel Roubini: The $700 Billion Bailout Isn’t Enough

The downbeat—but prescient—economist provides his outlook for 2009. more >>

The Top 5 Housing-Market Hopes for 2009

Despite the downbeat outlook, housing market optimists have a handful of reasons to keep the faith. more >>

Why Conservative Opposition May Delay Economic Rescue Plan

The prospects are fading for congressional action before Inauguration Day. more >>

Even With Fed's Radical Rate Cut, Fears Persist of an Extended Recession

The U.S. interest rate is now the lowest among developed economies. more >>

Three Decades After Cleveland Defaulted on Its Debts, Cities Face Recession Budget Woes

Today, facing a deepening downturn, many cities are struggling to avoid default—or even bankruptcy. more >>

To Jolt Economy, Obama and Congress Eye Billions in Infrastructure Spending

Obama and lawmakers are wrangling over "ready-to-go" public works projects to create new jobs. more >>

War Vets Seek a Political Surge to Save the Economy

VFW seeks to rally public support for the Big 3 automakers and for an economic stimulus package. more >>

Brutal Unemployment Data Point to Deepening Recession

Employers shed half a million jobs last month, sending jobless rate to its highest level in 15 years. more >>

Your 2009 Recession Survival Guide

Here's how to weather the downturn and take advantage of the tough times in 2009. more >>

5 Reasons Why Deflation Is Good for Retirees

Fixed incomes go further as prices and interest rates decline. more >>

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