Road to Depression

Tenured teachers laid off in Chicago!

on . Posted in Road to Depression

CHICAGO, Illinois (PNN) - July 19, 2013 - Having closed 11% of the city’s public schools in May, Chicago Public Schools (CPS) has now been forced to fire 2,000 employees, including 1,000 teachers - half of whom were tenured.

“We’re not going to be able to cut our way out of this crisis,” said CPS Spokeswoman Becky Carroll. “Our revenues are simply not keeping in line with our spending increases.”

Jobs crisis far worse than official data show!

on . Posted in Road to Depression

NEW YORK (PNN) - July 19, 2013 - Hardly a day goes by that we don't see some release or comment from a pundit, politician or financial analyst telling us how "solid" the job market is. Well, it's not; and don't take our word for it.

Former Bureau of Labor Statistics chief Keith Hall recently was asked about the unemployment rate, which shows 7.6% of all Amerikans without jobs. His answer was shocking.

74 percent of small businesses will fire workers and cut hours under Obamacare!

on . Posted in Road to Depression

WASHINGTON (PNN) - July 16, 2013 - Despite the illegitimate regime’s controversial decision to delay forcing companies to join Obamacare for a year, three-quarters of small businesses are still making plans to duck the costly law by firing workers, reducing hours of full-time staff, or shift many to part-time, according to a sobering survey released by the Fascist Police States of Amerika Chamber of Commerce.

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