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Coal company cuts 500 jobs, blames environmentalists

Coal company cuts 500 jobs, blames environmentalists

By Amanda Carpenter on Dec. 9, 2009
Chalk up another 500 jobs to the list of jobs President Obama will need to create or save.
A Pittsburgh-based coal company, CONSOL Energy, will lay off nearly 500 of its West Virginia workers next year and its CEO blames environmentalists dead-set against mountaintop mining who have waged “nuisance” lawsuits [...]

December 9 2009 | Posted in Financial, Latest Stuff | Read More »

The ‘Real’ Jobless Rate: 17.5% Of Workers Are Unemployed

The ‘Real’ Jobless Rate: 17.5% Of Workers Are Unemployed

By: Jeff Cox
CNBC.com

As experts debate the potential speed of the US recovery, one figure looms large but is often overlooked: nearly 1 in 5 Americans is either out of work or under-employed.
According to the government’s broadest measure of unemployment, some 17.5 percent are either without a job entirely or underemployed. The so-called U-6 number [...]

November 25 2009 | Posted in Latest Stuff | Read More »