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The Cybersecurity Play That Doubled Once – Will Double Again

Not long ago, a relative of mine was the victim of identity theft. And I have to tell you that I really felt for the entire family.

The thief ran up nearly $20,000 in charges, opened new accounts and tried to open others.

And I can tell you that the frustrations over the losses (most of which ended up being covered) were dwarfed by the helplessness that came whenever new charges showed up – and the worry that was spawned by never finding out how the whole mess started.

As we watch the headlines about data breaches and cybercrime – and watch as the violations move closer and closer to home – those worries only escalate.

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    February Jobs Report: More Job Seekers, Still Too Few Jobs

    Jobs Report-Employment listing

    Following two months of dismal growth, the February jobs report suggests an improving labor landscape. But despite the numbers, the employment picture remains cloudy at best.

    The Labor Department reported today (Friday) that employers added 175,000 jobs last month, beating expectations of 150,000. Yet the February figure is still well below the 280,000 jobs created in the same month a year ago.


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  • u.s. employment rate

  • November U.S. Jobs Report: What to Expect When the Department of Labor releases the November U.S. jobs report tomorrow (Friday), brace yourself for dismal news.

    U.S. jobs growth most likely experienced a sharp slowdown last month as the late-October Superstorm Sandy interrupted economic activity.

    According to a Reuters survey of economists, nonfarm payrolls are forecast to show a gain of just 93,000 in November, down considerably from 171,000 in October.

    Economists surveyed by CNNMoney are more pessimistic, calling for nonfarm payroll gains of 77,000 in November.

    Barclays' outlook is even bleaker. The bank sees a gain of 50,000, which would push the jobless rate to 8.0% from 7.9%.

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