fun current event

Here is my second current event for 1-9-09:

Article, "Last Fan Sitting Nabs 15-Years Worth Of Wake Tickets"

Current Event

In this article the author explains the story of Bob Yakos, who outlasted 23 other very dedicated Wake Forest fans to win 15 years worth of season tickets for the football team, about $22,000 worth. He outlasted the other fans for three days and then won a three round trivia contest about the 2008 season. Yakos won the contest over nine other fans that outlasted the elements. This is all a part of Wake Forest's campaign to sell licenses and season tickets and increase fan morale.

I think this is cool that he is dedicated enough to sit out in snow and sleet for three days to win season tickets for him, his kids, and some of his closest family members.

Econ. Current event for 1-9-08

Here is my article for this week:

Article, "Total 2008 job loss: 2.6 million"

By, David Goldman

Current Event

In this article the author talks about the government's annual report on job loss and unemployment. December was on of the worse months for job loss in the US. 524,000 jobs were lost in this month bringing the grand total of lost jobs to 2.6 million. This is the highest job loss in the United States since 1945, the end of World War II. the unemployment rate in the US also increased to record numbers, but it is only the highest since 1993. After the credit crisis began in September, 1.9 million of the jobs lost were lost in the final four months of the year. November's job loss was increased to 584,000 from 533,000, and October was increased up by 103,000 to 423,000. Converting from full-time to part-time was one of the worst things this year. Jumped by 715,000 people to 8 million, part time jobs became the staple because people couldn't find a full time job. The under-employment rate, which counts part-time workers as well as those without jobs that stopped looking for work, rose to a record 13.5% from 12.6%. Calculations for this began in January 1994. Employment and unemployment rates do not reflect those people that lost their good, high paying, jobs and then had to go and work for someone like Wal-Mart or Wendy's. Only two of ten industry categories were hiring in December, all others were cutting and laying off. Health and government industries added a few thousand jobs in December. Obama is really pushing to try and get his stimulus plan approved and create those 3 million jobs.

I think that this article is very informative about what went on last year as far as jobs. unemployment was terribly high this previous year and i think that we as a country need to follow Obama's plan for the roads and jobs to see if it can help us in 2009 and beyond.