10 Things You Should Know About The Latest Economic Numbers

10-09-2010 • TheEconomicCollapseBlog.com/

3 - The number of Americans working part-time jobs "for economic reasons" is now the highest it has been in at least five decades. 4 - 15.8% of Americans between the ages of 18 and 29 were unemployed during the month of September. 5 - Agricultural commodities continued to move higher on Friday. Wheat, corn and soybeans all saw their prices soar. Unfortunately for American consumers, this is part of a broader trend of rising agricultural commodity prices. As this continues, it is inevitable that we will all be seeing much higher food prices at our local grocery stores. 6 - It is being reported that PNC Financial Services Group has suspended the sale of foreclosed homes for the next thirty days. This is the fourth major lender to take dramatic action recently. Will nearly all U.S. mortgage lenders eventually be caught up in this crisis before it is over?