posted 10/25/10
On last night's 60 minutes (10/24/10)Scott Pelley reported on people referred to as the "99ers". "99ers" are those unemployed that have reached the end of their unemployment benefits. Even though this 60 minutes story focuses on San Jose, California near Silicon Valley, they could be talking about Cleveland, Ohio.
At Hunger Network hunger centers throughout the Cuyahoga County including locations Parma, Lakewood and Bedford, we see similar faces unemployment, people in their 40s, 50s and 60s who thought they had done everything right: earned a degree, stayed with their company, saved for retirement.
Read or view the 60 minutes piece here.
Help those in our area by donating at www.hungernetwork.org
Monday, October 25, 2010
Monday, October 18, 2010
Consumer Prices Rise
Posted 10/18/10
With consumers holding back on spending due to high unemployment, rising debt levels, and an increase cost of living, the bad economic news casts a shadow over many Cleveland area families. Even though last month's increase of the Consumer Price Index was 0.1 percent according to the Department of Labor, Social Security recipients won't be getting a cost-of-living increase in their benefits for the second year in a row. Energy, meat, dairy, cereals and baked goods prices all rose in the last month. Corn futures are up to a two-year high as hog and cattle producers try to better manage their costs.
The Hunger Network of Greater Cleveland is looking for donations, volunteers and/or contributions to help greater Cleveland's neediest people.
Sources:
CBS News
Bloomberg
With consumers holding back on spending due to high unemployment, rising debt levels, and an increase cost of living, the bad economic news casts a shadow over many Cleveland area families. Even though last month's increase of the Consumer Price Index was 0.1 percent according to the Department of Labor, Social Security recipients won't be getting a cost-of-living increase in their benefits for the second year in a row. Energy, meat, dairy, cereals and baked goods prices all rose in the last month. Corn futures are up to a two-year high as hog and cattle producers try to better manage their costs.
The Hunger Network of Greater Cleveland is looking for donations, volunteers and/or contributions to help greater Cleveland's neediest people.
Sources:
CBS News
Bloomberg
Tuesday, October 5, 2010
Food Prices on the Rise
posted 10/5/10
According to the United Nations Food and Agriculture Organization (FAO), food prices are the highest in two years. The FAO says its food price index was up 5 percent between July and August. A drought in Russia combined with wheat export restrictions and higher sugar prices were cited as some causes of the rise in food prices. The U.N. said that it has called a special meeting to address food prices and supply.
Families in Northeast Ohio have been hit hard by global price spikes and need your help. Lend a hand by donating or volunteer now with the Hunger Network of Greater Cleveland. Visit www.hungernetwork.org for information.
According to the United Nations Food and Agriculture Organization (FAO), food prices are the highest in two years. The FAO says its food price index was up 5 percent between July and August. A drought in Russia combined with wheat export restrictions and higher sugar prices were cited as some causes of the rise in food prices. The U.N. said that it has called a special meeting to address food prices and supply.
Families in Northeast Ohio have been hit hard by global price spikes and need your help. Lend a hand by donating or volunteer now with the Hunger Network of Greater Cleveland. Visit www.hungernetwork.org for information.
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