
The unemployment rate has surpassed 10 percent for the first time since 1983 — and is likely to go higher.
Video|Fri, 6 Nov 2009
|unemployment ratefound at1:03
“…economy ever been this bad. Not available through it while -- its unemployment rate still hasn't broken ten. At the governor could not guarantee that won't happen you expect massachusetts' rate to go. 10% I think …”
With unemployment in double digits, millions of people are struggling to pay their bills.
Video|Fri, 6 Nov 2009
|interest ratefound at0:20
“…and got a call promised to lower the thirteenth and credit card interest rate by half. And apparently before patently the fast talk on the other -- her credit card number. Then the bombshell. It would cost nearly 800 dollars to add up to borrow about it and -- it day by UFO and a -- back. It never will never again. Two weeks later -- got a packet of information including copies of all -- count but nothing about lowering interest -- Concerned she called credit card company and discovered in -- in charge 798. Dollars. My company in Florida he decided that he called -- pat Neal. But -- eating settlement is no one ever called back. It -- you call the attorney general in Florida. Who has now opened an investigation. I think it's outrage in this economic climate. Horrible -- entity formerly with the FD he has any promised to lower your interest rate is illegal. It comes directly from your credit card company they're guaranteeing it. That you all -- we can't make false statements can humor that well the he has that accompanies it and putt for this. Model is. Law enforcement may get a bead on where the company may be located they're gone they change the name and then move on. -- credit card company removed the 798 candidacy and she is working with the Florida attorney general's office as -- investigating. But in -- reminder don't ever give -- collar your private financial information. Fifteen I'd investigate and warning. …”
(NECN) - Despite the increase in the nation's unemployment rate, investors found some positives in the market today, and stocks finished with modest gains. The Dow Jones industrial average closed at 10,023-- gaining 17 points. The Nasda...
Video|Fri, 6 Nov 2009
|housing marketfound at1:34, 0:03
“…fighting. Significant head -- not the least of them. Will be an unemployment rate that I think -- push past 11%. As early as February of next year. Wow so. It shows how weak the economy really is although it is still growing. It is interesting but what we look at that GDP number that -- 3.5 percent economic growth rate in in the last quarter. If you took away the stimulus activity especially cash for clunkers. You could take away almost two full percentage points of that number so it's a fragile recovery -- best. And with the government spending really running an unprecedented course we've got to remember that whenever the government. Spends -- extends things like unemployment. Unemployment lines or extends into the housing market consumer credit. The reality is they can't land without borrowing and their foreign borrowing will be for all of us higher taxes …”
“…If I increase in the nation's unemployment rate investors found some positives in the market and stocks finished with modest gains. Let's take a look at the final numbers the Dow was up. It closed at 10023. Up seventeen points the Nasdaq Composite was up. It closed at 2112 picking up about seven points the S&P 500 ended at 1069. Up more than two regionally …”