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Recession

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Wall Street Recovers As Workers Are Left Behind

Charles Dickens’ famous line, “It was the best of times, it was the worst of times,” succinctly sums up the difference between workers and corporations as 2014 begins.

CBS Miami–01/01/2014

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More Than 1 Million May Lose Extended Unemployment Benefits In December

More than a million people may lose their unemployment insurance in just a few weeks if Congress fails to extend a Great Recession program that increased the number of weeks for which unemployed workers qualify.

CBS Miami–12/03/2013

(Source:AP)

If Debt Default Deadline Hits, Then What?

As the Republican-led government shutdown continues, the approaching debt limit and a possible debt default continues to grow larger on the horizon.

CBS Miami–10/09/2013

(Source: AP Photo/David Goldman)

Initial Unemployment Claims Decline

WASHINGTON (CBSMiami) – The number of Americans applying for jobless benefits dropped to the lowest level the economy has seen since October 2007, before the Great Recession. Overall, the number of people who applied for […]

CBS Miami–08/15/2013

(Source:AP)

Wall Street Rally Derailed By Slumping Consumer Confidence

In our consumer-based economy, when shoppers feel like spending, business gets a boost.

CBS4–03/15/2013

Economy_unemployment_jobless

Full-Time Jobs Elusive As Unemployment Drops To 7.7 Percent

The latest jobs numbers gives hope to workers, employers, and the government that the Great Recession and jobs crisis may be slowly starting to retreat permanently.

CBS4–03/08/2013

(Source: CBS4)

Congress Appears Ready To Let Sequester Hit

Hundreds of thousands of jobs across America, including many in the Sunshine State, hang in the balance as Congress refuses to consider any compromise deal to avert the cuts contained in the sequester.

CBS Miami–02/19/2013

(Source: TopRecruiter.tv)

Miami-based Reality Show Mixes Glamour, Job Advice From Top Recruiters

“Top Recruiter: The Competition”, a reality show based in Miami, has its finger on the pulse of Miami’s struggles: joblessness.

CBS4–11/17/2012

(Source: CBS4)

Florida Tops Nation In Foreclosures In Sept.

Foreclosures have crippled the South Florida home market since the Great Recession hit and while the rest of the nation has started to show improvement, Florida continues to struggle to recover from the worst economic collapse since the Great Depression.

CBS Miami–10/11/2012

Treasury Secretary Timothy Geithner testifies to Congress on the AIG bailout (Photo by Ann Heisenfelt/Getty Images)

Opinion: Auto And Bank Bailouts Prove Effective

On Monday, the Treasury Department sold 553,846,153 shares in AIG on Monday, turning an $18 billion profit on the $32.50 a share price.

09/11/2012

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