Seychellois Households to Pay 16% Less for Electricity

Seychellois households will pay 16% less for their electricity consumption as from May 1, APA has learned. The executive chairman of the Public Utilities Corporation (PUC) Philippe Morin indicated in a statement on Thursday in Victoria that the decision...

U.S. Job Openings Drop Even Lower

This morning the Bureau of Labor Statistics released the Job Openings and Labor Turnover (JOLTS) data for January 2009, which included revisions for the entire series. Job openings declined 7.2% in January to 3 million, down 32% from the start of the...

Finding Work in the U.S. Twice As Hard As When Recession Began a Year Ago

This morning the Bureau of Labor Statistics released the Job Openings and Labor Turnover (JOLTS) data for December of 2008. The data show that there were 2.7 million job openings in December, down 6% from November 2008 and down 32% from the start of the...

Will Anything Change in the Next 4 Years? – Political Opinion

While President-elect Barack Obama has the confidence of the American public that he can effectively repair the nation’s ailing economy, economists are not nearly as optimistic. A recent USA Today/Gallup poll found that 70% of Americans believe that...

Fitness Freak Sallu Bhai’s Burger Date with Katrina

Salman and Katrina were spotted at McDonald’s for a burger date- could it be the recession?

How Long Might a Recovery in the U.S. Job Market Take?

The U.S. economy has lost nearly 2 million jobs since December 2007, and as of November 2008, the unemployment rate has risen to 6.7%, up from 4.7% a year ago. And the future looks bleak: full job-market recovery may take much longer than previous recoveries.

Govinda ‘Naughty At 40′

The word is that Govinda isn’t being troublesome  on the sets anymore and has started shooting for director Jagmohan Mundhra’s ‘Naughty At 40′. This kind of puts an end to the speculations that the film is in trouble.

U.S. Outsourcing to Increase in 2009 – Political Opinion

The trends of outsourcing and offshoring will continue at an even greater pace in 2009 as the economy remains mired in the worst economic downturn since the Great Depression and companies look to make strategic cost-cutting measures to weather the storm,...

State of the U.S. Economy December 2008

What many Americans have felt all year is now official: The U.S. economy has been in a recession since December 2007. And things aren’t looking to get better. The labor market recession is worsening at an accelerated pace.