Showing posts with label depression. Show all posts
Showing posts with label depression. Show all posts

29 January 2012

Economic Spectator: Men Hit Hardest By Job Losses, But Recovery On The Way

This article states during the recession, men lost jobs at greater rates than women.  But it also states that men are starting to see an increase in returning to work.  Is this true in Baltimore? What about in the Black community?

Economy: The Man-cession and the He-covery : http://usat.ly/wU8nJ3

22 February 2009

DEPRESSION: MD Tax Revenue Down 8.3.%

  • Individual income tax revenue fell 12 percent last month.
  • A 73 percent decline in corporate income taxes also contributed to the overall dip
Although this story came out last week, I don't hear much being made of it. To me it's a big deal, but I guess we shouldn't be worried, the Obama stimulus is gonna save us.


White Marsh GM Workers Avoid Weeklong Layoff

MD GM transmission plant avoids weeklong shutdown
February 21, 2009 12:55 EST

WHITE MARSH, Md. (AP) -- General Motors' Powertrain Baltimore Transmission Plant has avoided a planned weeklong shutdown prompted by slow vehicle sales .

Plant spokesman John Raut said demand has improved for some company vehicles, including the Chevy Silverado and Sierra pickups trucks for which the plant makes automatic transmissions.

The shutdown at the plant that employs 238 people was originally scheduled to start Monday.

Seventy-nine employees have been laid off in White Marsh since last year because of a slowdown in demand for its transmissions. The White Marsh, Md., plant makes Pontiac six-speed Allison transmissions and a hybrid 2-mode.


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