With 3.2 million more Americans unemployed than 12 months ago, the need for food assistance has risen. Last month saw the evaporation of 533,000 jobs, the biggest one-month loss since 1974.
http://www.presstv.ir/detail.aspx?id=77565§ionid=3510203
Record 10% of U.S. homeowners in arrears or foreclosure
A record 10% of the nation's mortgage-burdened homeowners fell behind on their loan payments or were in foreclosure during the third quarter, according to a survey released Friday by the Mortgage Bankers Assn., which said California and Florida were the biggest contributors to the worsening picture.
http://tinyurl.com/63rx5e
Retail Sales Are Weakest in 35 Years
The nation's retailers turned in the worst sales figures in at least a generation on Thursday, starting the holiday shopping season with double-digit declines across a broad spectrum of stores.
http://tinyurl.com/5gfalk
Unemployed and hungry in the US
Jobless numbers highest in 15 years, food stamp users hit record 31.6 million or 1 in 10 Americans
http://www.informationclearinghouse.info/article21403.htm
From Information Clearing House
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Foreclosures Soar 76 Percent to Record 1.35 Million
Tami Luhby, CNNMoney.com: "A record 1.35 million homes were in foreclosure in the third quarter, driving the foreclosure rate up to 2.97%, the Mortgage Bankers Association said Friday. That's a 76% increase from a year ago, according to the group's National Delinquency Survey. At the same time, the number of homeowners falling behind on their mortgages rose to a record 6.99%, up from 5.59% a year ago, the association said."
http://www.truthout.org/120608Y
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Unemployed and hungry in the US
Jobless numbers highest in 15 years, food stamp users hit record 31.6 million or 1 in 10 Americans.
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