Making Sense of Unemployment Numbers

09-05-2010

With the announcement on Friday that the U.S. economy added 290,000 jobs in April — the biggest monthly gain in four years — you’d think we’d be hearing champagne corks popping across the country.

Unfortunately that statistic was accompanied by another, less uplifting number. The unemployment rate rose from 9.7 percent to 9.9 percent.

What gives?

The first number comes from the government’s payroll survey, which asks employers how many people are working for them. The second number comes from the household survey, which asks adults whether they’re employed and whether they’re looking for work.

Understandably, after months of looking for jobs to no avail in a tough recession, some people just give up, and when they do, they’re no longer counted among the unemployed. With the recent

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Lafayette Ambassador Bank CD Rates

09-05-2010

Lafayette Ambassador Bank, headquartered in Easton, Pennsylvania, is advertising IRA CD rates and regular bank CD Rates. Certificates of deposit are available in terms of 30 days to 6 years.  Lafayette Ambassador Bank is also advertising a 12 month variable CD rate and a 24 month Bump-Up CD Rate.

Seaching for the best CD rates? Use our CD rate tables at CDRates.MonitorBankRates.com to find the best CD rates from credit unions and banks.

The 12 month variable CD rate is currently at 1.00 percent with an annual percentage yield (APY) of 1.01 percent. The 24

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NWHCU CD Rates

08-05-2010

Northwest Hills Credit Union (NWHCU) of Torrington, Connecticut, is offering regular share certificates (certificates of deposit) and Individual Retirement Account certificates of deposit. IRA certificates of deposit are available in both traditional IRA certificates and Roth IRA certificates. CD terms range between 3 months and 5 years. The minimum opening CD account deposit is $500.

Use our CD Rate Tables at CDRates.MonitorBankRates.com to find the best CD rates from banks and credit unions.

NWHCU’s IRA CD rates and regular CD rates are currently the same for the deposit term. The curren

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Mother’s Day Mania – The 2010 Budget Edition

08-05-2010

Theres something great about making sure that your Mom feels special. Of course, this is something that you should do all year round, but if you dont any other day, you should make sure to do it on Mother’s Day.

As you know, Mother’s Day 2010 is right around the corner (Sunday, May 9), which means it’s now time to think about what you can do for her on this special day.

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First Central Savings CD Rates

08-05-2010

First Central Savings Bank based in Glen Cove, New York, is offering some of the best CD rates available from any bank or credit union. First Central Savings Bank’s certificates of deposit have terms ranging between 3 months and 5 years. The minimum opening CD account balance is $500.

Looking for CD rates at banks and credit unions? Use our CD rate tables to find the highest CD interest rates available. CDRates.MonitorBankRates.com

The bank’s 3 month certificate of deposit currently has a rate of 1.07 percent with an annual percentage yield (APY) of 1.08 percent. The bank’s CD interest rate is one of the highest CD rates available for a 3 month CD. Their rate i

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