Tuesday, March 17, 2009
Friday, March 6, 2009
Record 31.8 million On Food Stamps
A record 31.8 million Americans received food stamps at the latest count, an increase of 700,000 people in one month with the United States in recession, government figures showed Thursday. Food stamps, which help poor people buy groceries, are the major U.S. anti-hunger program, forecast to cost at least $51 billion in this fiscal year ending Sept. 30, up $10 billion from fiscal 2008.
Thousands Rally At City Hall
A massive budget backlash came to lower Manhattan on Thursday. Tens of thousands of New Yorkers marched on City Hall, rallying to stop proposed funding cuts. The rally cries of labor unions, community groups and families outside City Hall could be heard throughout lower Manhattan. Desperation for an economic lifeline brought out more than 50,000 people along several blocks of Broadway in a self-described "Rally For New York." Their message for Gov. David Paterson came in the form of booming chants: "No more cuts! No more cuts!" Everyday New Yorkers had their own personal messages for the governor as well. "Governor Paterson, I wish you could have an open heart that we are going to suffer if this budget cut goes through," said China Lankford of Jamaica.
Sunday, March 1, 2009
Avalanche Of Job Losses
Unemployment in California shot up to its highest level in nearly 26 years in January, leaving more than 1 in 10 workers without a job. Figures released Friday show that 79,300 jobs were lost in the state last month, bringing the total number of unemployed to 1,863,000, or 10.1% of the workforce. That's the highest since the rate touched 10.4% in 1983.
Stumbling CBC Seeks Federal Help
Faced with a $65 million advertising shortfall, the CBC is reaching out to Ottawa for bridge financing, an unprecedented request of a Conservative government that has historically had a cool relationship with the public broadcaster. "The revenues fell off a cliff. ... I have not seen a slide that precipitous and that deep in my entire life," Richard Stursberg, executive vice-president for English services, told employees yesterday.