**Fiscal Discipline da 2
Download 0.63 Mb.
|
- Navigate this page:
- UQ Econ-Jobs
- US jobs on the rise
UQ Econ StocksU.S. stock market looking up- Tuesday showsLynch, writer for daily Market news, July 3 2012 (Peter, United States Stocks Gain On Factory Orders, 7-3-12, http://www.forexdice.com/united-states-stocks-gain-on-factory-orders/658348/, 7-4-12) I.M.R. United States stocks gained on Tuesday after an unexpected jump in may factor orders and gained commodities prices that increased materials and energy stocks. The Dow Jones jumped up 0.6% and closed at 12,943.82. Prior to the midmorning data of factory orders this ended the day with 13 plus points. The commerce department posted that order for United States factory goods climbed 0.7% in May. Stocks slipped down Monday following institute of supply management said that United States manufacturing in last month fell into reduction territory for the 1st time in recent past 3 years. Investors and traders looked at the more to the rear looking factory orders information for further indications of whether the United States recovery had smack a wall.
The standard & poor’s index gained 0.6% and closed at 1,374.02. The Nasdaq composite index jumped up 0.8% and closed at 2,976.08. The united state stock market ended at 1 p.m and will not be opened for Independence Day. UQ Econ-JobsGovernment jobs growing at fastest pace in 4 yearsCauchon, writer for USA Today, 2012 (Dennis, "Hiring rebounds for state, local governments", http://www.usatoday.com/news/nation/story/2012-06-27/state-local-hiring/55868796/1, 7/2/12, Accessed: 7/4/12)AHL In a rare bright sign for the job market, state and local governments are hiring at the fastest pace in four years. States, cities, counties and school districts hired 828,000 workers in the first four months of the year, up 20% from a year earlier, and the most since 2008, according to a USA TODAY analysis of the government's Job Openings and Labor Turnover Survey. The number of job openings at state and local governments also hit a four-year high. This lift in government hiring shows how state budget problems have eased in recent months as tax collections have improved. Total revenue is flat because extra federal aid is drying up. But tax money revenue generally is spent on workers, especially at the local level, while federal aid is often dedicated to outside vendors, such as health care providers in the Medicaid program and highway contractors. "We're hiring as many as we can," says Tucson police recruitment officer Liz Skeenes. "In the last few years, we haven't hired as many officers as we needed because of financial problems. Now we're going back to full force, and we're happy about that." Tucson — like other state and local governments — still expects to live with a smaller workforce than the 2008 peak. What's happening: Governments are filling jobs that had been left vacant to save money. State and local governments employ 19.6 million, down 3% from the peak. The recent jump in hiring is an early signal that job growth may be on the way, at least in government. It takes six months to a year for a boost in hiring to create a bigger workforce. Reason for the lag: Government workers are quitting for new jobs and retiring in greater numbers. Voluntary departures are another sign of an improving job market. When times are tough, workers hang on to their jobs. The "don't-leave" phenomenon — not more hiring — is what caused government payrolls to swell to record numbers during the recession while private employment collapsed. Private companies are hiring a little more, too, up 4% in the first four months of 2012 from a year earlier. That's a weak rebound when measured against hiring declines every year from 2006 to 2009, including a 20% hiring drop in 2009. The hiring turnaround has been most dramatic, starting last August, in the nation's state and local governments. These 89,500 cities, park districts, sewer systems and other governments are a backbone of working-class America, employing millions of low-profile truck drivers, health care aides and motor vehicle clerks with decent pay, good benefits and exceptional job security. Among those hiring: •California. The state is opening homes to care for indigent veterans, many suffering from Alzheimer's disease, and has 60 openings for physical therapists, office technicians, groundskeepers and others. •Delaware. The city of Dover is hiring a trash truck driver, a mechanic for the sewer system and a water plant operator. •Texas.El Paso lifted a hiring freeze this year and is hiring 31, including a veterinarian for the animal shelter. •Florida. The state's website lists 592 job openings, including a bilingual customer service representative for Medicaid and a public relations person to promote Florida citrus. "The state had 4,000 vacant positions. As the budget gets worked out and we see it's not as severe as when we took huge revenue hits in '08 and '09, we can start to hire for some vacant positions," says Kristopher Purcell of the Florida Department of Management Services. US jobs on the riseMarketWatch, Dow Jones company that provides business statistics, 7/2/2012 ("Intuit Small Business Indexes Show Strong Employment Growth, Decrease in Revenue", 7/2/2012, http://www.marketwatch.com/story/intuit-small-business-indexes-show-strong-employment-growth-decrease-in-revenue-2012-07-02, Accessed: 7/4/2012) AHL MOUNTAIN VIEW, Calif., Jul 02, 2012 (BUSINESS WIRE) -- U.S. small businesses are seeing unambiguous gains in employment rates and average compensation and hours worked, while revenue figures are down. These are among the results of the monthly Intuit Inc. INTU +0.79% Small Business Employment and Revenue Indexes, which together provide a complete and current picture of the economic health of the nation's small businesses. The employment index shows that employment increased by 0.3 percent in June, for an annualized rate of 4.1 percent -- the strongest rate of growth that small businesses have seen in the past three months. This equates to approximately 70,000 new jobs created, although Intuit is recalibrating the index and expects these numbers to change. Average monthly compensation grew by 0.5 percent, or $14, while average monthly hours worked increased by 0.3 percent, or 18 minutes. The employment index is based on data from Intuit Online Payroll and covers the period from January 2007 through June 23. The revenue index indicates that small businesses overall saw revenue decline in May. Among the industries tracked by the index, the construction and real estate fields were the only ones to see an increase, which posted 0.5 and 0.1 percent gains, respectively. The index is based on data from QuickBooks Online and covers the period from January 2005 through May 2012. "This month's employment figures are strong and indicate more progress to a full recovery than do the revenue figures," said Susan Woodward, the economist who worked with Intuit to create the indexes. "While the revenue figures are disappointing overall, the rise in revenue for the housing-related sectors has been a long time coming and is essential for the full recovery which still eludes us. "The rise in compensation and the hourly wage suggest that the labor market for the smallest firms is a bit firmer than it has been for several years," said Woodward. "The low hiring rate, however, indicates that small business employees are not yet feeling too secure and are sticking with the jobs they have. When a full recovery is underway, the small business hiring rate will likely rise as big firms hire people away from small firms, but this is not yet happening." Small Business Revenue Index- Small businesses overall saw revenue decline by 0.12 percent in May. Broken down by specific sectors, the accommodation and food services, professional services and health care categories were among those to post declines, while construction and real estate were the only sectors to post revenue increases. The Intuit Small Business Revenue Index is based on data from approximately 150,000 small businesses, a subset of the total QuickBooks Online financial management user base. Small Business Employment Index-
Increase in Hours Worked, Compensation- Small business hourly employees worked an average of 110.7 hours in June, an increase of 0.3 percent, or around 18 minutes, from the revised figure of 110.4 hours in May, making for a 25.6-hour workweek. Average monthly pay for all small business employees increased to $2,763 in June, an increase of 0.5 percent, or $14, from the May revised figure of $2,749 per month. The equivalent annual wages would be about $33,200 per year, which is part-time work for almost half of small business employees. Small Business Employment by Geography- The employment index shows overall employment growth in June for all census divisions except for the West North Central division, which remained flat. Increases were seen in all states statistically significant to the index, with the exception of Pennsylvania, which remained flat. Arizona, Colorado and Maryland recorded the highest rates of growth. Small Business Employment by U.S. Census Division continues to grow in all parts of the country. The data reflects employment from approximately 80,000 small business employers, a subset of small businesses that use Intuit Online Payroll. The month-to-month changes are seasonally-adjusted and informative about the overall economy. Small Business Employment by State is up for most states in which Intuit Online Payroll has more than 1,000 small business firms represented. The month-to-month changes are seasonally adjusted and informative about the overall economy. About The Intuit Small Business Indexes- The Intuit Small Business Indexes provide unique, near real-time information each month on the activity of the smallest businesses in the U.S. in terms of revenue, hiring and compensation trends. The revenue index is based on anonymized, aggregated data from 150,000 small businesses, a subset of users that use Intuit's QuickBooks Online financial management offering. The employment index is based on anonymized, aggregated data from 80,000 small business employers, a subset of users that use Intuit Online Payroll. Together, the indexes provide a more complete picture of the economic health of the nation's small businesses. More information on the Intuit Small Business Indexes is available at index.intuit.com. About Intuit Inc.- Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks(R), Quicken(R) and TurboTax(R), simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries(R) and Lacerte(R) are Intuit's leading tax preparation offerings for professional accountants. Intuit Financial Services helps banks and credit unions grow by providing on-demand solutions and services that make it easier for consumers and businesses to manage their money Directory: files files -> Answer True False 2 points Question 2 files -> Integer programming and game theory files -> 4 Integer Programming files -> Bpa vehicle Window Repair Scenario #1 task: Procure vehicle window relacement. Objective files -> Pop Warner History files -> North Carolina Inclusion Initiative Mapping Where Children with ieps are Being Served Purpose files -> Fall 2013 Spring 2014 Program Data: Standard 1 Exhibit 4d files -> Hanban – asia society confucius classrooms network 2010 request for proposal files -> Northern England’s set-jetting locations Download 0.63 Mb. Share with your friends:
|