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Tag Archives: Unemployment

Foreclosure activity up across most US metro areas

The foreclosure crisis is getting worse as high unemployment and lackluster job prospects force homeowners in an increasing number of U.S. metropolitan areas into dire financial straits. In Seattle, Houston and Chicago, cities that were relatively insulated from foreclosures early ...

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Falling home prices are battering previously safe cities

A second wave of falling home prices is battering some cities that had escaped the worst of the housing market bust. Prices in Seattle, Charlotte, N.C., and Portland, Ore., have hit their lowest points since peaking in 2006 and 2007. ...

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Flooded job market should keep wages low

WASHINGTON — Companies planning to ramp up hiring this year will have an added luxury: their choice from a flood of applicants without having to pay a premium for top talent. Unemployment remains near double digits, and there are nearly ...

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Economic experts voice cautious optimism for 2011

While 2011 is barely underway, there remains cautious optimism that this year will see less unemployment, more freedom in the credit markets and greater spending by consumers in Maryland and the country as a whole. For its annual First Friday ...

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