The following text is being presented in commemoration of Sir Oswald Mosley’s 136th birthday. — Ed. (more…)
Tag: unemployment
-
November 16, 2022 Sir Oswald Mosley
Revolution of the Nation
-
2,279 words
We’re Not in a Recession — We’re Just Transitioning to a Sheconomy
Merriam-Webster defines a recession as “a period of reduced economic activity.”
In December 2000, lame-duck President Bill Clinton said, “A recession is two quarters in a row of negative growth.”
On Thursday, the Commerce Department’s Bureau of Economic Analysis revealed that the nation’s GDP fell 0.9% in the second quarter after falling 1.6% in the first quarter.
So two subsequent economic quarterly contractions, coupled with the highest inflation in 40 years, means we’re in a recession, right? (more…)
-
There is no blow quite like getting laid off. One day you’re at work and you feel important; the next day you suffer the indignity of walking out of the building with your stuff in a box.
Losing a job is enough to make a grown man cry. It is not entirely unknown for recently-unemployed people to die by suicide. Many jobless people become depressed, and may turn to alcohol and drugs to get by. Joblessness also puts a strain on relationships, and naturally it doesn’t help one’s finances. (more…)