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U.S. Mass Layoffs in June 2009

added: 24-07-2009

Employers took 2,763 mass layoff actions in June that resulted in the separation of 279,231 workers, seasonally adjusted, as measured bynew filings for unemployment insurance benefits during the month, theBureau of Labor Statistics of the U.S. Department of Labor reported. Each action involved at least 50 persons from a single employer. The number of mass layoff events decreased by 170 and associated initial claims decreased by 33,649.

Housing Affordability Being Restored In Many Markets, Pool of Buyers Increasing

added: 24-07-2009

The U.S. housing market continues its price correction, with single-family home prices across the U.S. falling 19 percent over the 12-month period ending March 31, 2009.

China: Per Capita Cash Income of Rural Households Surged in the First Half Year 2009

added: 24-07-2009

According to the result of nationwide sampling survey on 68 thousand rural households in 31 provinces (autonomous regions, municipalities) of China, it was indicated that per capita cash income of rural households reached 2,733 yuan in the first half year, a year-on-year increase of 8.1 percent, and a real growth of 8.1 percent after deducting price factors.

Euro Area Balance of Payments in May 2009

added: 24-07-2009

In May 2009 the working day and seasonally adjusted current account of the euro area recorded a deficit of EUR 1.2 billion. In the financial account, combined direct and portfolio investment showed net inflows of EUR 60 billion.

U.S. Base Salary Increases at Lowest Levels in the Past Decade

added: 24-07-2009

U.S. employees can expect pay increases of 3.0% in 2010, according to a new Hay Group study. Planned increases at 3.0% are consistent for executives, middle management, supervisory and clerical positions. After factoring in the consumer price index growth forecast for 2010 at 1.3%, the result is a ‘real’ gain of 1.7%.

Asia-Pacific Governments Urged to Consider Conditional Cash Incentives

added: 24-07-2009

Asia-Pacific governments should consider enhancing the use of Conditional Cash Transfers to help vulnerable families affected by the global financial crisis, Asian Development Bank (ADB) Vice-President Ursula Schaefer-Preuss said.

comScore Media Metrix Ranks Top 50 U.S. Web Properties for June 2009

added: 24-07-2009

comScore, Inc. released its monthly analysis of U.S. Web activity at the top online properties for June 2009 based on data from the comScore Media Metrix service. Online visitation to travel sites gained as Americans began planning and preparing for their summer vacations. The end of another school year resulted in an increase of interest at gaming sites. Career services and development sites saw strong growth due to the influx of recent college graduates entering the job market, in addition to a rising unemployment rate.

IT Employee Confidence Index Rebounds in Second Quarter of 2009

added: 24-07-2009

The IT Employee Confidence Index increased 6.1 points to 45.8 in the second quarter of 2009, according to a recent survey commissioned by Technisource((R)), the technology placement division of Spherion Corporation.

Economic Recovery Funds Help Feed the Nation's Hungry

added: 24-07-2009

Funding from the American Reinvestment and Recovery Act has significantly increased the amount of food purchased by the U.S. Department of Agriculture for distribution to food banks throughout the nation, in an effort to support the growing needs of the nation's hungry, many of whom are accessing emergency food assistance for the first time.

Bankrate: Mortgage Rates Inch Lower

added: 24-07-2009

The average 30-year fixed mortgage rate continued to move lower, coming in at 5.55 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.39 discount and origination points.

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