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Unemployment in Canada will be 10% or higher in 2009..
The following table is based on historical data from Statistics Canada, it shows the tight coupling of US and Canada unemployment rates, with the Canadian rates generally lagging the US. The Canadian...
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Great Depression Unemployment versus 2009 and the Coming Storm?
What did the unemployment rates look like in the Great Depression? During Great Depression, unemployment numbers in the US hit 20-25% at its peak, and Canadian unemployment hit 27%. Current...
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The Next Crisis – Ballooning National Debt?
United States Federal Debt as a % of GDP As of Sept 30 2008, the US national debt was estimated to be $10 Trillion. This is roughly $35,469 per US taxpayer. The debt is continuing to grow in the wake...
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Civil Unrest Coming to the United States?
A friend in California sent me an article today that was very disconcerting. The article was reflecting on a recent report published in Europe relative to the impacts and consequences of the economic...
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California Hits 10.1% Unemployment in January
California is into double digit unemployment. Posted in Best practices, Business, Economy, Entreprenuerism, General Interest, Innovation, Jobs, Silicon Valley, Trends, Unemployment, United States, US...
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More Workers in the US Anticipate Pay Cuts, Layoffs
According to new study results released by Pew on Feb 15th: Fully 80% say that jobs are difficult to find in their local communities – up seven points since December and 16 points since early October....
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Where is the US Bail-out Money Going?
The New York Times has a great table that lists out where the money is going and what has been committed versus what is not committed. Posted in Business, Economy, General Interest, Government,...
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Canadian GDP Sharpest Quarterly Decline Since 1991
The Canadian economy contracted at an annualized rate of 3.4 per cent in the fourth quarter, compared with a 6.2 per cent decline in the U.S. economy, a 5.9 per cent drop in the European Union and a...
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Nortel US Patents Granted 2007 – Ranked 68th
From the US Patent Office -Nortel was ranked 68th overall relative to US patent filings in 2007, details are shown in the table below. McKinsey recently published an article summarizing their analysis...
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U.S. Unemployment Hits 8.1% in February
The newest monthly unemployment rate announced today – rose from 7.6% in January to 8.1% in February. California announced 10.1% unemployment last week. Unemployment rates are very high — certain...
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Depression 2.0 – Hoovervilles/Shantytowns/Tent Cities Have Arrived in the US
There are numerous tent cities starting to appear in the United States as the financial crisis continues to hit hard. The Daily Mail in the UK reports on the growing number of unemployed in the US...
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US, Canada and European Governments Actively Preparing for Widescale Civil...
This blog entry noted european think tank forecasts of civil unrest in the US as a consequence of the economic crisis. It was reported back in September 2008 that - U.S. troops returning from duty in...
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What’s Happening with Gas Prices?
Gasoline prices have been slowly trending upwards since January 2009. Posted in Canada, Economy, General Interest, Ontario, Ottawa, Trends, United States, US Tagged: Canada, crude oil price, Economic...
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Sharp Decline in US Imports and Exports Reported in January
Sharp declines in US trade was reported in January 2009. The following chart from http://www.calculatedriskblog.com highlights the sharp downward trend (red is imports and blue is exports) - Here is a...
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Canada is Potential Leader in Global Technology Revolution
A recent Rand report , “The Global Technology Revolution 2020″, looks at 16 upcoming key technologies and the ability of 29 countries to acquire and to implement. The following chart identified the...
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Where Are The US Tech Jobs?
The Dice Report tracks US technology jobs, their March report highlights that the biggest demand is in Washington DC and the east coast of the US. Posted in Business, Economy, General Interest,...
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Recession Proof Businesses – US Gun Shops
According to Reuters, in the first two months of 2009, around 2.5 million Americans bought guns, a 26 percent increase over the same period in 2008. Gun dealers report this rise in sales to be a...
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Mars Rovers Still Going After Five Years
It’s been almost five years and the Mars Rovers, originally intended to operate for 3 months, are still driving around on the surface of Mars. NASA has produced a short video on the achievement....
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50 most populous metro areas ranked by job postings per capita
Rankings Second Quarter 2009 50 most populous metro areas ranked by job postings per capita. Rank (Last Qtr Rank) Metropolitian Area Job Postings Per 1000 People 1 (1) Washington, DC 133 2 (2)...
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US States With More then 10% Unemployment
Michigan 15.20% Rhode Island 12.40% Oregon 12.20% South Carolina 12.10% Nevada 12% California 11.60% Ohio 11.10% North Carolina 11% District of Columbia 10.90% Kentucky 10.90% Tennessee 10.80% Indiana...
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US at 17.5% Unemployed and Underemployed
The New York Times published an article on November 6th that talked to the point that the “broader measure of unemployment stands at 17.5%“. The 17.5% rate includes the officially unemployed, who have...
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Venture Capital Statistics
United States VC Investments Q3 2009 – MoneyTree – National Data VC Investments Q3 2009 – MoneyTree – Regional Data VC Investments Q3 2009 – MoneyTree – Top Deals VC Investments Q3 2009 – MoneyTree –...
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Key Economic Indicators
CIBC publishes two documents that provide a good summary of key economic indicators for US and Canada: Key Canadian Economic Indicators Table Key U.S. Economic Indicators Table The Economist publishes...
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