Monday, November 30, 2009
Tuesday, November 24, 2009
- Portland may not be a global city, but that's not necessarily a bad thing.
- Consumer confidence grows slightly, but is nothing to write home about for the holiday season.
- With the economy growing modestly and consumers spending, the economy may not be rebounding as strong as once believed.
- Is a college degree worth what it costs to be in debt after graduation and in a weak job market?
- It has gotten so bad for some that they can not even afford to take care of their pets.
- More on Portland being a happier city despite the unemployment issues.
Monday, November 23, 2009
Tuesday, November 17, 2009
- It looks like the people of Portland have stopped looking for jobs and that's the reason the unemployment rate has dipped.
- However, the unemployment rate has held at 11.3% and that's lowest it has been since February.
- When times are tough it's nice to see the Young Professional of Portland helping the unemployed battle hunger and joblessness.
- A new study shows that you might not need as much income in retirement.
- Most Portlanders are happy with their city.
- US Chamber of Commerce VP John Murphy, issued a challenge to Oregon to create more jobs.
Monday, November 16, 2009
Tuesday, November 10, 2009
That news may trouble some people, but others may choose to believe that the job market is looking brighter. With many reports that the economy is on the way up, it is nice to hear that companies are going to start hiring. The National Association for Business Economics said the number of employers planning to hire workers over the next six months exceeded the number expecting job cuts for the first time since the recession began in December 2007. That is really great news and is something that everyone should focus on instead on the double digit unemployment. We here at The Employment Guide are also doing all that we can to help get the economy back on a roll again.
It is also nice to see that employers may need to soften their stance on sick days with there being such a scare with H1N1. With uncertain times, people do not need the added stress that they could possibly loose their job by being sick.
So Portland, with the recent news of the unemployment rate being double digits and that companies are going to hire. What side of the fence do you lean towards? Please leave you comments in the section below.
Monday, November 9, 2009
Tuesday, November 3, 2009
Dubai: Yes, you can go to jail
In Dubai, if you don't have enough cash in your account to cover the check in any given month, watch out: The bank can get a warrant for your arrest, and you can be jailed, Rhode said. Those in default also can have their passports seized, preventing them from leaving the country.
Germany: Bankruptcy is a teachable moment
In Germany, as in most European countries, creditors could turn to specialized public debt collectors to try to get defaulters to pay. These collectors might hold public auctions of one of the debtor's few possessions -- a sofa, say -- which often brought in so little money that the auction costs weren't even covered, let alone any part of the debt, Kilborn said.
...Germany, however, views its six-year repayment plan as a chance to educate consumers about responsible money management, Kilborn said. If the debtor follows the rules of the plan, his or her debts are wiped out after six years even if not a single payment is made to a creditor -- and typically, none is.
India: Bands of thugs and public shaming
There is no system, formal or informal, for helping people resolve their consumer debts in India, Kilborn said.
A growing middle class and a rise in the availability of credit haven't led to any kind of mediation system for people who can't pay. Instead, even legitimate lenders may turn to bands of thugs to enforce debts or use public humiliation, such as demonstrations outside the defaulters' homes.
- Have you ever wondered how the US compares with other countries in retirement? Well the Melbourne Mercer Global Pension Index has ranked countries based on the adequacy, sustainability, and integrity of their public and private pension systems. It turns out that we are ranked 6th out of the 11 countries examined.
- Here is an article on the 5 stocks that you should buy as prices drop. It has great tips on long term investment that have great potential on being successful.
So in closing Portland, what are your thoughts on debt, retirement, and the stock market? And do these articles change your opinions on these subjects? Please leave your comments in the section below.