Reverse Mortgage Information » Jobs http://www.reversemortgageleaders.com/blog Reverse Mortgage - Helping the Seniors Thu, 22 Oct 2009 04:11:14 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Unemployment hitting badly the Americans! http://www.reversemortgageleaders.com/blog/economy/unemployment-hitting-badly-the-americans/ http://www.reversemortgageleaders.com/blog/economy/unemployment-hitting-badly-the-americans/#comments Thu, 30 Jul 2009 10:28:17 +0000 admin http://www.reversemortgageleaders.com/blog/?p=100 As in the current situation about economy one of the major problems is unemployment. Companies are firing their employs without any genuine reason and jobs are eliminating rapidly and this is happing in every country but the situation is changing rapidly In USA. “It’s not a surprise Obama’s numbers have fallen here and they’ll continue to go down as long as jobs keep being lost here,” said Jim Rokakis, treasurer for Cuyahoga County, which includes Cleveland where unemployment hit 10.1 percent in June. He said that “Americans always want a quick fix to problems, but they are going to relearn patience this time round.” So, as the jobs are very few in America and people are suffering from so many problems because in America if you want to survive then you must have to do job.

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As we all are expecting so much from President Obama because he had set expectations higher here and eight months later, things haven’t got better, so some people are losing hopes and they are demoralizing. My personal opinion about the Jobs situation in USA is very bad so for; the President Obama has to take the notice of jobless people and merely available jobs so to make a proper planning to solve this problem because this problem exist in the every state of America.

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I hope President Obama will take some serious steps to overcome the unemployment rate as its growing and creating so many challenges for the people who are already fighting and facing the troublesome life in the form of growing taxes, mortgages and growing Inflation.

Watch the video about unemployment i n US causing depression.

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]]> http://www.reversemortgageleaders.com/blog/economy/unemployment-hitting-badly-the-americans/feed/ 0 Hopes for Obama Got Fade to Overcome Recession http://www.reversemortgageleaders.com/blog/mortgage/hopes-for-obama-got-fade-to-overcome-recession/ http://www.reversemortgageleaders.com/blog/mortgage/hopes-for-obama-got-fade-to-overcome-recession/#comments Thu, 30 Jul 2009 09:48:56 +0000 admin http://www.reversemortgageleaders.com/blog/?p=90 Recession is a prime glitch in the US economy and the administration can point to data, suggesting the economy is poised to rebound. However, people seem heartsick because there are very short jobs and several states are recession battered with the highest rate of unemployment. According to Reuters, People were looking for a savior to get us out of this mess and that’s why they voted for Obama,” said Jeff Fravor, 55, a retired train conductor on his way to breakfast on the outskirts of Toledo.

“I’ve nothing against Obama personally, but he’s new to the job and ‘hope’ won’t fix this mess.”

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The very next thing is the housing is getting very much crucial so housing starts unexpectedly rose in June as construction of single-family dwellings jumped by the most since 2004/2005 and industrial production shrank in June at the slowest pace in eight months, according to government figures.

Obama knows very well that “People were looking for a savior to get us out of this mess and that’s why they voted for Obama,” so now it’s a huge responsibility on him to take people out of this crunch .The Federal Reserve said yesterday that most of its 12 regional banks detected a slower pace of economic decline in June and July, and the benchmark Standard & Poor’s 500 Index has risen 15 percent since Obama’s inauguration.

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In an interview with President Obama, he said that he arrived in office facing “the worst economy of our lifetimes” and that the bank rescues begun under former President George W. Bush. Without naming Bush, he blamed his predecessor for the government financial shortfall, projected to rise to a record $1.84 trillion this year.

Watch out the video US recession fueled by low wages and consumer debt

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