Layoffs Return, Along With Fears Of Deepening Economic Stagnation

07/14/11 In recent months, as the unemployment rate has unexpectedly climbed, experts have put the blame on a lean job market, asserting that employers still spooked by the Great Recession have proven reluctant to hire. But a disturbing new trend appears to be emerging, one that may portend even deeper, longer-lasting problems for the American economy: Layoffs are again on the rise.

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Herndon bank in final weeks Institution, which dates to 1901, merging with Gratz National

07/16/11 HERNDON - Dealt a final regulatory blow as a result of the Great Recession, Herndon National Bank (HNB), a rare independent in a merged financial world, is in its final weeks of operation.As of Monday, Aug. 8, the institution, which traces its roots to

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Western states lag in economic recovery

07/19/11 In this June 9, 2011 photo, a "bank-owned view price reduced," lot is chained and locked but advertised for sale, in Seattle. Two years after economists say the Great Recession ended, the recovery has been the weakest and most lopsided of any since the 1930s.

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