Monday March 8, 2010

The New York Times reported that this is about “the fourth or fifth inning of the typical end of winter, early spring rise in gasoline prices.” The article goes on to talk about the dramatic change in prices just in the past month. USA Today believes these high gas prices won’t last long because of the unemployment rate. We also don’t have a shortage of gasoline in the United States, so these prices will fall. The Los Angeles Times predicts the gas prices will top out at $3 and for California $3.25. Although it seems every March prices go up, they predict it won’t last.

The NY Times was the first to report on this issue of raised prices and seemed to have the most information of the topic. LA Times’ article was short and to the point of the issue. Stating their speculated prices for this high priced gas season. USA Today also was very informative, discussing details such as why there is no need to worry, with percents and prices per gallons. These three papers were very informative and helpful for travelers nationwide.

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Sunday March 7, 2010

Banks have been affected just as much as the customers visiting them. Over this past year and a half banks across America have been closing rapidly, but now the fast pace is slowing down. New York Times compared these past years and the effect it has had on large and small banks across the country. USA Today reported on the 3 new banks that were shut down this year. This article went into detail of how banks have been affected so dramatically. Los Angeles Times created a "by-the-numbers look" of the past year and its economic growths and failures. At this economic state newspapers are choosing their words wisely. The NY Times decided to warn their East Coast and West Coast and major city readers, while also informing them about large and small banks. USA Today was very fact based. These facts came with numbers, percentages, and dollars to sum up what has happened in the banking world. The LA Times took a similar approach as USA Today. They went as far as having a page long stat sheet of these past years.

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Americans Are Still Jobless

Saturday March 6, 2010

Americans are still jobless, but there is hope for this "Great Recession" slowing down. New York Times reported how the unemployment rate has stayed steady at a 9.7%. USA Today discussed how the employment rate stayed steady, even with the snow storms. With calculations configuring a 9.8 unemployment rate this was a relief as well as a sense of hope. Los Angeles Times estimate the future for unemployment. They believe this will stay this way because of cautious Americans and their resistance to spend.
These newspapers takes on the unemployment rate all have the same idea, but very different takes on the ideas for the future. The New York Times focuses on the "Rising Hope for Recovery" even quoting President Obama. While the NYTimes seems hopeful the Los Angeles Times opens their article with a negative take on high unemployment facts. USA Today stays neutral with facts about the snowstorm's effect on the job market and how there is hope since the numbers have not increased.

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A blog about jobs and the economy, pulled from LA Times, NY Times, and the Washington Post, from students from Judith Frutig's Writing in the Media course at CSULB (Jour120).

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