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Libraries post notice warning of Oct. 2 closing | Philadelphia Inquirer | 09/14/2009
Besides closing libraries, the Nutter administration's so-called Plan C doomsday budget includes eliminating court-system funding, shutting down all recreation centers and laying off up to 3,000 workers, including police and firefighters.
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The Free Library of Philadelphia has posted notices at its branches and on its web site advising users that all libraries will close at the end of business on Oct. 2 if the state Legislature does not act on the city's budget request.
The notices also say that all material will now be due Oct. 1 and that nothing can be borrowed after Sept. 30.
Besides closing libraries, the Nutter administration's so-called Plan C doomsday budget includes eliminating court-system funding, shutting down all recreation centers and laying off up to 3,000 workers, including police and firefighters.
Layoff notices could go out on Friday if the Legislature does not approve the city's request for a temporary sales-tax hike and a two-year deferral of payments into the pension fund.
In its online notice, the Library urges its customers to contact their elected officials and provides links on how to do that.
The following is the text of the notice posted by the Free Library:
Real Unemployment Rate Now Near 14% « True Cost – Analyzing our economy, government policy, and society through the lens of cost-benefit
The Wall Street Journal explores this issue, and estimates current unemployment at 13.3% using the pre-1994 measurement method. Using this broader measure, 1 in 7 Americans can no longer find enough work.
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The Wall Street Journal explores this issue, and estimates current unemployment at 13.3% using the pre-1994 measurement method. Using this broader measure, 1 in 7 Americans can no longer find enough work.
Weatherford Cut 3,000 Jobs; More Reductions Planned (Update2) - Bloomberg.com
July 20 (Bloomberg) -- Weatherford International Ltd., the world’s biggest provider of artificial-lift services that boost oil flow in wells, has cut more than 3,000 jobs and plans more reductions as customers keep pressing for lower rates.
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July 20 (Bloomberg) -- Weatherford International Ltd., the
world’s biggest provider of artificial-lift services that boost
oil flow in wells, has cut more than 3,000 jobs and plans more
reductions as customers keep pressing for lower rates.
One in nine Americans on food stamps, USDA says - Yahoo! News
In 20 states, as many as one in eight are on the food stamp program, according to the Food Research Center.
Violent unrest rocks China as crisis hits - Times Online
The collapse of the export trade has left millions without work and set off a wave of social instability.
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Violent unrest rocks China as crisis hits
The collapse of the export trade has left millions without work and set off a wave of social instability, writes
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The new US Treasury secretary, Timothy Geithner, has alarmed Beijing and
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raised fears of a trade war by stating that China manipulates the yuan to
promote exports.
However, a growing number of economists say the unrest proves that it is not
the exchange rate but years of sweatshop wages and income inequality in
China that have distorted global competition and stifled domestic demand.
The influential Far Eastern Economic Review headlined its latest issue “The
coming crack-up of the China Model”. - 4 more annotations...
China official says 20 million migrants lost jobs
BEIJING (Reuters) - About 20 million Chinese rural migrants have lost jobs as the nation's economic growth has faltered, a senior official said on Monday, promising policies to boost incomes and a softer approach to potential unrest.
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BEIJING (Reuters) - About 20 million Chinese rural migrants have lost jobs as the nation's economic growth has faltered, a senior official said on Monday, promising policies to boost incomes and a softer approach to potential unrest.
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NUMBER COULD DOUBLE
Yiping Huang, chief Asia economist for Citigroup, said even that number could double if government stimulus plans fail to offset slowed exports and general gloom.
"It is a big number coming from an official source but a lot of people are expecting even bigger numbers," Huang said of Chen's estimate.
"These are pretty difficult to check reliably, but people are talking about 30 or 40 million eventually."
Bloody Monday: Over 71,400 jobs lost - Jan. 26, 2009
NEW YORK (CNNMoney.com) -- The final week of January began with a bloodbath for the job market, as over 71,400 more cuts were announced on Monday alone.
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Bloody Monday: Over 71,400 jobs lost
Seven companies announce massive job cuts in a scary start to the week.
Unemployment map of the UK showing up to date information on the jobless in Britain - Telegraph
The map, updated every month, gives the latest count of those claiming unemployment benefits in the UK.
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UK unemployment map
Click through our unemployment map to find out where the UK recession is
having the biggest impact on jobs. The map, updated every month, gives the
latest count of those claiming unemployment benefits in the UK.
Over 550,000 Chinese laid off in Q4: Govt-International Business-Business-The Times of India
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As of December 31, 8.86 million urban residents were registered as
jobless, up 560,000 from the end of the third quarter, ministry of human
resources spokesman Yin Chengji told a press conference.
States face unemployment cash shortage - Dec. 9, 2008
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Unemployment cash shortage
Five states may have to raise taxes, cut benefits or borrow cash to cover unemployment insurance benefits at a time when job cuts are accelerating.
BBC NEWS | Asia-Pacific | Chinese job losses prompt exodus
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Chinese job losses prompt exodus
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Tens of thousands of migrant workers are leaving the southern Chinese city of Guangzhou after losing their jobs, railway officials say.
Lectures on Macroeconomics, No. 4, Arnold Kling | EconLog | Library of Economics and Liberty
US unemployment reaches 25-year high - Telegraph
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US unemployment reaches 25-year high
The US economy continues to contract with the number of people claiming
long-term unemployment benefit hitting a 25-year-high and the trade deficit
narrowing as a result of the slowdown.
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