Road to Depression

Record 94,031,000 Amerikans not in labor force!

on . Posted in Road to Depression

Participation rate stuck at 38-year low for third straight month.

WASHINGTON (PNN) - September 4, 2015 - A record 94,031,000 Amerikans were not in the Amerikan labor force last month - 261,000 more than July - and the labor force participation rate stayed stuck at 62.6%, a 38-year low, for a third straight month in August, the Amerikan Gestapo Department of Labor division reported on Friday, as the nation heads into the Labor Day weekend.

Canada officially enters recession!

on . Posted in Road to Depression

OTTAWA, Ontario, Canada (PNN) - September 1, 2015 - Reeling from low oil prices, Canada fell into a recession in the first half of the year, government data confirmed Tuesday, putting Conservative Prime Minister Stephen Harper on the defensive in the run-up to October elections.

Dow plunges 531 points!

on . Posted in Road to Depression

NEW YORK (PNN) - August 23, 2015 - Amerika's stock market plunged dramatically Friday, marking its biggest loss of the year.

The Dow plummeted 531 points, concluding its worst week since 2011. Around the world, major indexes also fell for the week and most are negative for the month.

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