Archive for August 5th, 2011

How many Chevy Volts sold in July?

August 5, 2011

According to Electric Cars Reports …

Despite thousands of dollars of government rebates, GM’s Chevrolet Division sold just 125 Volts in July — the worst monthly total for the Volt since it was introduced last year.

Birth-to-date, GM has sold only 3,196 units …Haven’t heard much about the Volt lately – have you?

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Canada adding more jobs than the U.S. … eh?

August 5, 2011

Only 18,000 net new jobs were created in the U.S. in June.

To put it in perspective: Canada created more net new jobs last month (28,400) than the U.S. did — with nine times Canada’s population.

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Drilling down …

  • For college graduates overall, the unemployment rate stands at 4.4%
  • The unemployment rate for recent college grads is 6.4% … compared to 3.5 percent four years ago. .
  • The unemployment rate for those with only a high school degree is 10%.
  • That rate more than triples — to 14.3%— for high school dropouts.
  • And teens, now competing more than usual with experienced and educated jobseekers, are experiencing 24.5% unemployment.

Source: The Hill

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Ken’s Take: Maybe change, but not much hope.

What ever happened to the Administration’s “pivot to jobs”?

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