Group items tagged

The figure of Americans applying for unemployment benefits surprisingly cut down last week, signifying an upturn in the labor market. This could be very fastidious news. If the economy will continue to rise, possible revival will soon be realized. At some point recovery seems implausible but turn of events is favoring us and results are even enthralling. Early reports from the Labor Department said on Thursday, state unemployment benefits fell 7,000 to a seasonally adjusted 340,000, waning for a second straight week. The preceding week's claims number was altered to demonstrate 3,000 more applications received than earlier reports. According to Reuters' poll, economists had expected first-time applications to mount to 355,000. The four-week inconsistent average for new claims, an improved measure of labor market trends, also fell 7,000 to 348,750 pointing to some firming in underlying labor market conditions. Since March 2008, this has been the lowest number. No states had been estimated and there were no special factors influencing the report, says a Labor Department analyst. According to a Reuters' survey of economists, employers probably added 160,000 jobs to their payrolls last month, a small pick-up up from January's 157,000 count. That would just be enough to hold the jobless rate steady at 7.9%. The figures due on Friday have no bearing on February's employment report as it falls outside the survey period. Economists claim job increases of about 250,000 per month over a constant period are needed to significantly change the ranks of the unemployed. Job escalation averaged 200,000 in the last three months. Companies have no plans hiring domestic demand remains lackluster even though layoffs decreased. Claims stay pushed in the low end of a 330,000 to 375,000 range for this year. Federal Reserve last year to launch an open-ended bond buying program because high unemployment provoked them. The U.S. central bank said it would keep up the program until t

I had found that the information is very helpful. That's a awesome article you posted.I will come back to read some more.

http://www.flixya.com/video/4953956/Fs-Code-81345798450-HGG-Hendren-Global-Group-Top-Story-Serving-a-country-that-wont-save-their-jobs-Scribd National Guard and reserve troops too often come home to find that their employers have given away their jobs. Among the worst offenders: government agencies. The jobs of the nation's citizen soldiers are supposed to be safe while they are serving their country: Federal law does not allow employers to penalize service members because of their military duties. Yet every year, thousands of National Guard and reserve troops coming home from Afghanistan and elsewhere find they have been replaced, demoted, denied benefits or seniority. Government agencies are among the most frequent offenders, accounting for about a third of the more than 15,000 complaints filed with federal authorities since the end of September 2001, records show. Others named in the cases include some of the biggest names in American business, such as Wal-Mart and United Parcel Service. With good jobs still scarce in many states, the illegal actions have contributed to historically high joblessness among returning National Guard and reserve members - as high as 50% in some California units - and created a potential obstacle to serving. "The whole point of the National Guard and reserves, how they save the country money, is they get paid only when they are serving," said Sam Wright, director of the Service Members Law Center at the Reserve Officers Assn. "It's a great deal for the country, but if we don't protect their civilian jobs … they aren't going to volunteer and serve." Veterans' advocates say that the heavy use of the nation's citizen-soldiers to fight the wars in Iraq and Afghanistan placed a burden on employers in a tough economy. Even as 11 years of war wind down, Guard and reserve members are being called up for peacekeeping and other duties around the world. Source: http://www.latimes.com/news/local/la-me-citizen-soldiers-20130506,0,6250161.st