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Believe it or Not, the U.S. National Debt Was Once $0.00

It may seem hard to believe but 178 years ago the national debt of the United States of America was $0 and on January 8th, 1835 the announcement was made. This was the last time our countries national debt was $0. It lasted one year. Andrew Jackson was the President at the time and the debt was $58.4 million when he took office.

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Category: History, Newsletter Tags: ,
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Economy Adds 175,000 Jobs, Unemployment Rate Rises Slightly to 7.6%

Job growth in May beat economists' expectations, coming in at 175,000 new positions added, which aligns closely with the yearly average. The unemployment rate rose ever so slightly, from 7.5 percent to 7.6 percent, a result of more people entering the work force, according to the Labor Department.

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Category: AC, Country, News, Rhythmic, Rock Tags:
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What States Have the Highest Unemployment Rates?

It’s not easy being unemployed or under-employed, but you are definitely not alone. Even with a highly positive new jobs report just out and the country apparently on an upswing, an unemployment rate of 7.7 percent means a lot of people still need jobs.

But that doesn’t mean the situation is hopeless for anyone. If you’re spent on looking for available jobs in your current locale because it seems like the well has dried, you could be right. Some states have higher unemployment rates than others, and you could be stuck living somewhere that’s not helping you. It might be time to relocate.

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Category: News Tags: , ,
jobs stuff
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Economy Adds 236,000 Jobs; Unemployment Rate Drops to 7.7%

The labor market—and the economy overall—is improving, albeit gradually, with employers adding 236,000 jobs in February. That gain brought the unemployment rate down a few ticks from 7.9 percent to 7.7, its lowest point in four years.

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Category: News Tags: , ,
jobs
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Economy Added 157,000 Jobs in January

The Labor Department announced that the U.S. economy added 157,000 jobs in January. The unemployment rate inched upward by a tenth of a point, to 7.9 percent.

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Category: Lifestyle, News Tags: ,
Spencer Platt, Getty Images
Spencer Platt, Getty Images

More Jobs Are Being Posted, But Maine’s Economy Still Needs Growth

Job postings are up around the state of Maine. The CareerCenter and the Department of Labor said Androscoggin County is just one county of many in Maine seeing a significant increase in postings. This is good news, but it is not the whole picture.

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Category: Lifestyle, Local News Tags: ,
family white picket fence
Stockbyte

How Would You Define Your Economic Class? — Survey of the Day

America is a middle-class nation, at least if you ask Americans. Gallup surveyed 1,009 adults if they were "upper class," "upper-middle class," "middle class," "working class" or "lower class."

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Category: Lifestyle Tags:
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How to Get the Best Deals From the Retailers’ Price-Matching Wars — Dollars and Sense

Retailers are competing hard to get inside your wallet this holiday season, and as a result, there are big savings to be found in checkout lines all across the country. We know a few ways you can take advantage of this.

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Category: Lifestyle Tags: ,
Man with no money
Comstock

The Middle Class Is Poorer Than It Has Been in 43 Years — Dollars and Sense

The median net worth of working-class Americans is now lingering at a 43-year low of $57,000. 

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Category: News Tags:
piggy bank dollars
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Texas Battles High Tuition Costs With Controversial Degree Program — Dollars and Sense

Lawmakers in Texas are exploring affordable-education options for people under the financial hammer of the nation’s exploding tuition rates. The most controversial option is a bachelor’s degree for $10,000, which would cover tuition costs and textbooks.

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Category: Lifestyle Tags: ,

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