Bankruptcy Filings Carry U.S. Jobs Away [infographic] »

Posted By engineer 1 week, 4 days ago in Business & Finance

On the verge of the recession business bankruptcy rates and national unemployment levels were steady. But in late 2007, these numbers quickly began to inflate. Businesses across the country filed bankruptcy and in the process, carried away millions of American jobs.

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engineer

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My background is Biomedical engineering with an MBA As you know from all my comments where I almost stand politically. I have loads of ...

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    revemberme1 week, 4 days ago

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    It is so sad ,we just hope the circumstances would be improved in the futher

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      engineer1 week, 4 days ago

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      As long as we ship our jobs out and the wealthy get obscene compensation, making the US Number 3 in the world in income gap, the situation WILL NOT improve. We are aiming to be a banana republic on our present path.

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        mesodude1 week, 4 days ago

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        Given that the number one reason Americans are filing for bankruptcy is due to health care costs, it amazes me that those on the right have the gall to claim that Obama is spending "too much" time focusing health care reform. Not only will health care reform benefit the economy indirectly but we have to remind these people that a President is capable of doing more than one thing at a time.

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          7thspages1 week, 3 days ago

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          Millions of American jobs have claimed more distortions in the economy due to artificial stimulation of demand availability of credit.

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