Unemployment Benefits will trigger tax bills in 2010

Millions of  Americans who have been out of work for months are relying on unemployment benefits to put food on the table. In November, Congress extended benefits by up to 20 weeks for workers in states with high jobless rates.
But what many people may not realize is that some of those benefits are taxable. The [...]

Millions Lose COBRA subsidies today.

Millions of laid off workers will lose their COBRA subsidies today. The subsidies that ran out today were provided to workers starting in March 2009, for nine months, and paid 65% of a person’s health insurance. COBRA subsidies will continue for people who started after March for a period of nine months. Anybody who signs [...]

Unemployment Rate rises to 10.2% – worst since 1983.

America’s unemployment rate rose to 10.2% – the highest since 1983.  The rate is provided by the Bureau of Labor Statistics (BLS) and was much worse than expected. It appears that employers are still cutting payroll in spite of an improving economy.  BLS reported that the rate had increased from 9.8% in September to 10.2 [...]

10 Reasons Employment Is Worse Than You Think

Billionaire and Editor-in-chief of US News and World report, Mort Zuckerman had an interesting Op-Ed article in Wall Street Journal explaining why the Employment outlook is worse than you think.
Per Mr. Zuckerman, this is the true underlying story.
The recent unemployment numbers have undermined confidence that we might be nearing the bottom of the recession. [...]

Fastest Growing Professions 2009

As more and more people lose jobs, there are a number of us that are planning to go back to school and perhaps change careers.  So that got me asking the question – what are the fastest growing careers out there ? The Bureau of Labor Statistics has been kind enough to do the research [...]