Archive for 'Foreclosure'
350,000 Lost Jobs Fuel Foreclosure Rates
CNN reported today, June 6, 2008 that 350,000 jobs have been lost in the past year. In May alone, 49,000 jobs were lost. In order to sustain our economy, CNN reported that 100,000 jobs have to be created every month. Obviously this is not happening, forcing the unemployment rate up to 5.5%, a full [...]
Posted: June 6th, 2008 under Foreclosure.
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