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When will this wretched economy bottom out? The recession is already in its 15th month. For now, everything seems to be getting worse: The Dow is in free-fall, jobs are vanishing every day, and one in eight American homeowners is in foreclosure or behind on payments. ...more
March 15, 2009
With unemployment high in Pasco County, the federal government will quadruple the amount of money for local food pantries and shelters. Ordinarily, Pasco County would have received $77,000 from the Federal Emergency Management Agency, according to Susan Arnett, president of United Way of Pasco County. ...more
March 14, 2009
Every other week there seems to be talk of a new economic stimulus program to help taxpayers. ...more
March 14, 2009
One local manufacturing company has laid off 75 percent of its work force. ...more
March 13, 2009
With layoffs spreading, the number of initial claims for jobless benefits rose last week, while the total number of people continuing to receive benefits set a record high, the government said Thursday. ...more
March 12, 2009
Talk about dejÀ vu. Last year, county commissioners invited noted economist Hank Fishkind to a meeting to find out how dire the local economy was and whether it would be prudent to reduce impact fees. ...more
March 12, 2009
Four states - California, South Carolina, Michigan and Rhode Island - registered unemployment rates above 10 percent in January, and the national rate is expected to hit double digits by the end of the year. ...more
March 12, 2009
County Commissioner Jim Adkins is proposing a short-term moratorium on impact fees to jumpstart the economy and put builders back to work. ...more
March 12, 2009
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