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Economy

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Photo from Facebook
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Duluth Area Gains Over 2,000 Jobs In September

Some good news for our local economy.  While we generally see a boost in jobs in the month of September with the return of college students, the 1.8% increase in jobs recently is even higher than normal.

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Is-a-Bacon-Shortage-in-the-Future
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Relax! Predicted Bacon Shortage an Internet Hoax

Don't worry, the bacon shortage predicted is hogwash.  In the age where you can't believe anything you hear now over the internet or social media, another hoax had us all fooled.  It basically started with a press release that bacon prices may rise slightly:

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Category: Financial, Food Tags: ,
charleskremenak, Flickr
charleskremenak, Flickr
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Still Living With Your Parents as an Adult? Well, You’re Hurting the Economy

While many college grads are only too happy to fly their parents’ nest and get a place of their own, the dip in the economy has meant some can’t — or won’t — until they feel more financially able to do so comfortably. What does this mean for the economy? Unfortunately, nothing good.

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Category: Lifestyle News Tags: ,
khrawlings, Flickr
khrawlings, Flickr
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Economic Woes Lead to More Men Becoming ‘Mannies’

While child care-givers such as babysitters and nannies have traditionally been women, the recent dip in the economy lead some men into the profession as well.

Dubbed “mannies,” the guys are often unemployed teachers, daycare workers or fathers.

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Category: Lifestyle News Tags: ,
(Photo by Joe Raedle/Getty Images)
(Photo by Joe Raedle/Getty Images)
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US Ready To Sue Bailed Out Banks Over Misleading Mortgages

Some of the banks and mortgage institutions are set to be sued by the US government over what basically started the recession and housing bubble burst.  They are being accused of misleading mortgage securities with over inflated home buyer's incomes and falsified information

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Photo Mario Tama/Getty Images
Photo Mario Tama/Getty Images
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Wall Street Rockets Higher As Wildest Week Since ’08 Continues

If the stock market were a person it would be a fearful, neurotic basket case that spent many nights alone eating yogurt in candlelight.  It's amazing the week it's had when really not much has changed, other than panic levels.

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