Just returned from seeing my attorney, am back in the saddle now. Jeff Kunerth, Sentinel Staff Writer for the newspaper entitled the ‘Sun Sentinel’, said in His Nov. 16, 2009 story that as Florida faces hard fiscal choices and a reduced population, jobs are dissapearing, sadly enouph. I know we have some similiar issues here on Oahu. For example, used cars transactions are down here on Oahu, unfortunately. All in all, The article quotes William Frey, a demographer with The Brookings Institution in Washington, as saying, “What this will do is make a lot of people think about what rapid growth means, both the downside and the upside.” For it’s part, the state has had to deal with lower revenue due to s smaller tax base. I also think more people are buying used cars as opposed to new cars, at least that is how it is on Oahu.
Sean Snaith is an economist at the University of Central Florida and is the school’s director for the Institute of Economic Competitiveness. Snaith believes that the recession made a declining trend worse, and the state should expect the trend to continue. Snaith said, “These gaudy rates of population growth we’ve seen of 4 or 5 percent in decades gone by are not coming back.” Should you need a competent Florida Tax attorney then let me suggest David Garvin. He is really one of the best tax and legal professionals in all of Florida and he is a criminal attorney as well for Miami, Fort Lauderdale, etc.
Jeff Kunerth also quotes Carl Haub. Haub is a demographer with the Population Reference Bureau in Washington, “The United States is growing by 3 million a year, and they are not going to North Dakota.” Switching gears for a second, if you find yourself needing a top quality Oahu used cars dealership then you may want to consider this Infinity one, they are possibly one of the more respected such used car dealerships on Oahu as a whole.
Demographers for the University of Florida believe that once the recessions fades, the state may see as many as 200,000 per year, down from the 300,000 it has enjoyed, but still enviable. If Florida grows by 2% per year, only, that will be double the national average. Airports and seaports can be a major center for international shipping and business. The state could also become a “green technology” leader.
The state must concentrate of diversifying its economy. In this spirit, Orlando is partnering with Burnham Institute and UCF to develop a center for biotech at the “Medical City” complex. generally speaking, the state has had to rethink the educational system, taxes, and a host of other crucial issues overall.
According to reports the jobless rate in metropolitan Detroit is at 17 percent which is 2 points higher than what the government reported. The rate rose to 17.1 percent last month and in May was a reported 14.9 percent. The area of Detroit-Livoinia metropolitan is stated to be the highest of 49 urban centers with 1 million inhabitants according to the Labor Department reports.
These figures are seen in other urban areas with Kokomo Indiana reporting a 22.8 percent jump in jobless rates over that of the same time in 2008. The unemployment rate now stands at 19.2 percent which is one fifth of the workforce that is employed in the auto sector. Eklkhart Indiana is also reporting that their unemployment rate has reached double digits. Some people there could use some debt help, debt consolidation or maybe some kind of non profit credit counseling I suppose what some of them really need though besides the debt help is actually free credit counseling.
Riverside, San Bernardino metro areas have the second highest rate of unemployment compared with other metro areas with an unemployment rate of 13.1 percent. Charlolette, Gastonia and Concord metro area in North Carolina showed an unemployment rate of 12.4 percent.
I just returned from the Aloha state (big island) and I can attest that they have some prime real estate over there indeed. According to the Small Business Research Board while the economy is in turmoil, the growth of online employment is growing. The home based e-business worker is continuing to profit and there has been an increase of home based online workers of approximately 133 percent according to InternetWorldStats.com.
According to the statistics 85 percent of home Internet based businesses have not been affected by the declining economy. People that have been asked about their home business during the past 18 to 24 months have said that they have started their online business due to job insecurity which is also impacting the real estate market and the unsure economy as their reason for opening an Internet based home office. As an aside if you plan to set up such a home office and need furniture for it I recommend that you invest in some ergonomic office chairs as these can be very important. If you need big island real estate then visit this resource by all means. Sotheby’s has been doing real estate transactions on the big island of Hawaii for a very long time. An ergonomically correct office chair or chairs can really make a big difference in the long run in terms of comfort.
The International business broker IBFS has warned about Internet scams for people starting a home based business and this includes purchasing web domains, marketing, lead generation, SEO and other things for the Internet based business. The scams can include web business setup and even the amounts claimed to be paid for rendering certain services for online companies that charge to be a part of their home based employees.
September 21, 2007
Filed under: Economic News, Employment News — reformingworkerscomp @ 6:35 pm Edit This
According to the Oregon-based newspaper ‘The Building Team Forecast’,
Employment Growth in the country has been Decelerating for over twelve months, unfortunately.
In fact, the latest month (8/07) U.S. employment number (minus four thousand jobs) sent major ripples waves throughout the entire American economy.
According to the report in question, this was actually the first month-to-month decline in some 4 years, dating back to August of 2003. Much of the responsibility for this
drop has been laid on the steps of the now infamous subprime mortgage fiasco and the aftereffects of reduced business as well as consumer confidence in general.
By the way, if you are interested in a high quality Recruitment Agency then by all means check out the preceding site.
All in all, the United States Year-over-year Job Growth was +1.2% as of August; Down from it’s Peak, according to the September 20 report by Alex Carrick.
Here are some top sites to visit if you are interested in some information about Computer Jobs as well as some Call Centre Jobs
There was some reason for optimism in the gloomy news, however.
The Toronto, Canada Stock Exchange’s primary index upticked higher yesterday after lower-than-expected U.S. jobless claims emboldened their investors and increased good feelings regarding the world’s largest economy.
It should be very interesting to see what happens in the job markets next month as the latest news is sure to send additional ripples throughout the global economy as whole.
August 30, 2007
Filed under: Economic News, Employment News — reformingworkerscomp @ 1:20 am Edit This
According to the highly respected Bloomberg financial news network,
consumer confidence has dropped recently and
unemployment spiked last month to 4.6 percent from 4.5 percent previously. Employment growth slowed to about ninety thousand last month from 126,000 the previous month,
down from last year’s average of about 189,000 per month, unfortunatelt. In addition to this, growth in hourly earnings slowed to 3.9 percent las month as well.
What is causing the slow job growth rate and other negative economic statistics such as an increase in workers comp claims?
Well according to Bloomberg, a true authority on the subject, the worst housing recession in some sixteen years appeares to be badly reducing consumer confidence and therefore crucial spending as well as effecting employment numbers.
For example, sales of previously owned houses fell last month to the very lowest level in nearly 5 years! Furthermore, the glut of unsold houses rose to a sixteen year high
from a year earlier, down from a 9 year high of 4.3 percent in December 2006, the National Association of Realtors reported yesterday.
In addition, The credit crunch appears to be effecting employment numbers as well. For instance, Accredited Home Lenders Holding Company just last week stated that it would close over fifty percent of their operations and let go about sixteen hundred individuals,
sadly enouph. Just before that occured, SunTrust Banks Incorporated stated that it was goping to cut more than two thousand employees in 2007 as profit from retail & commercial banking alike falls.
June 18, 2007
Filed under: Labor Statistics, Employment News, Uncategorized — reformingworkerscomp @ 1:24 am Edit This
According to statistics made available by the OECD,
the number of unfilled job vacancies percentage in the United States for quarter one of 2007 was 37.2.
The leading & short term indicators, numbers and projections found here are compiled for several reasons, including data to help investors make
accurate predictions about the overall state of the national economy.
This was the result of a statistical survey of the Dataset of Registered Unempemployment & general Job Vacancies.
Ipenet reports that varying sets of employment numbers paint the same picture: Slow job growth
There are 2 surveys used to measure employment numbers: the payroll survey and the household survey. The payroll survey is perhaps more ideal when it comes to tracking the varying levels & categories of employment as whole, and the household survey measures unemployment and employment-to-population ratios.
According to information from the US Fed News Service,
the number of job gains from opening & expanding private sector establishments was just over eight million, while the number of job losses from closing & contracting establishments.
Business Employment Dynamics (BED) data series include gross job gains and gross job losses at the establishment level by primary industry sector, plus gross job gains and gross job losses at the company echelon by employer size class
June 12, 2007
The Latest Data
Filed under: Economic News, Labor Statistics, Employment News — reformingworkerscomp @ 8:07 pm Edit This
The Latest Employment Statistics
According to statistics from BLS.gov,
non agriculatural payroll employment increased by about one hundred and fifty thousand in May, while the unemployment
rate was unchanged at around 4.5 percent, the Bureau of Labor Statistics of the United States
Department of Labor reported today. The health care & food service industries both managed to adde jobs,
while employment declined in the manufacturing sector, unfortunately. Meanwhile, the average hourly earning rate amanged to rise by
6 cents, or 0.3 percent, in May.
In the same month, employment in general was unchanged at some 145.9 million, and the em-
ployment-population ratio held firm at around 63%. The civilian labor force also
was the same, at 152,000,000, while the labor force participation rate
stayed at 66%. Both the employment-population ratio and labor force
participation rate were down by 0.4% since the end of 2006.
Earning rates are important, but to get a wider perspective you should of course also
take a look at the inflation numbers, since inflation dicates spending power of that earned income.
According to Newsmax online, the MoneyNews publication as well as the Financial Intelligence Report, the dollar has been inflated recently - despite claims that the official CPI is “low”
I do not know if this claim is actually tru, but that was the report.
But whether these reports are true or not, I tend to view inflation a big threat to America’s global strength, and most importantly our wealth as American citizens.
I mean, if you get a 5% raise, but inflation jumps 10%, who really benefits from this. I also find that fact that our manaufacturing base shrunk (yet again)
to be truly troubling, especially in light of the recent reports that so many manufacturing jobs have gone to China and India in recent years.
While this may save some corporations some money and add a few nickels to investor’s dividends, it seems to me that this is bad for the long term economic health of the country.hi from reformingworkerscomp
