Posts Tagged ‘how to start a medical billing business’
This period- from the first quarter of 2008 to the present is marked as the second worst economic depression in American history. This period adversely affected average Americans who either: lost their hard earned savings in the financial crash, lost their jobs as many financially-strapped businesses were forced to down-size or close down completely, defaulted on their loans or mortgages and finally, lost their homes to foreclosure. read more
While unemployment rates still continue to rise, the cost of living in America still remains the same.
On July 13 2009, William J. Thompson wrote in the Huffington Post about unemployment issues affecting New Yorkers. These are some interesting highlights from the article: only few new jobs being created; the unemployment rate leapt from 5.1% in May 2008 to 9% in May 2009; the average American family has less than $4000 in liquid assets; the groups hardest hit by unemployment are: African Americans, prime working-age males, the well educated. read more