The unemployment rate is down to 8.3 percent, the lowest it has been since February 2009. This is great news for the U.S. economy. So what does this mean to people that don’t understand how the economy works? Everything the United States economy produces is measured by the Gross Domestic Product (GDP). When GDP turns
READ MOREThe auto industry saw a 10 percent increase in sales from 2010 to 2011. In 2011, the United States auto industry sold 12.7 million vehicles, and this year the touch-and-go industry is projected to reach even higher numbers. Economists and car companies are projecting sales to increase by roughly the same amount this year, to
READ MORETwenty-four-year-old John Campbell was recently elected as the city of Harrisburg’s new treasurer. Campbell was elected in November 2011 and sworn into office in January 2012. Campbell now faces a huge task: tackling the city’s $317 million debt crisis. With only a $53 million annual budget with which work with, Campbell is motivated to work
READ MOREA judge turned down Harrisburg’s bankruptcy case, and now the city needs to rehabilitate its financial situation under the state’s guidance. The case was dismissed because it violated the state’s rules laid out for financially struggling cities. The code that was violated is Chapter 9 of the bankruptcy code. Chapter 9 of the bankruptcy code
READ MOREA small movement that began in New York City on Saturday, Sept. 17, is now a nationwide phenomenon, drawing attention from both student groups as well as labor unions. According to the website occupywallst.org, The Occupy Wall Street movement includes people of all different backgrounds, genders, races and political affiliations who are in the 99%
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