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Salary Budgets Lag Behind U.S. Rate of Inflation

added: 03-08-2011

For the first time since 1980 the U.S. rate of inflation is higher than the average total salary budget increase. During the 12-month period ending April 2011 inflation, as measured by the Consumer Price Index, was 3.2 percent. That compared to a total salary budget increase of 2.8 percent for the same period. Source: “WorldatWork 2011-2010 Salary Budget Survey.”

Consumers Shrug off Uncertainty and Buy the Most Expensive Mix of Cars Ever in July 2011 According to TrueCar.com

added: 03-08-2011

TrueCar.com, the authority on new car pricing, trends and forecasts, estimated today that the average transaction price for light vehicles in the United States was $29,761 in July 2011, up $582 (2.0 percent) from July 2010 and up $102 (0.3 percent) from June 2011.

Work Picked Up in July per the Intuit Small Business Employment Index

added: 02-08-2011

Small businesses were busy in July. They grew employment by hiring 50,000 people and significantly increased both hours worked and compensation.

U.S. Employment Cost Index: June 2011

added: 02-08-2011

Compensation costs for civilian workers increased 0.7 percent, seasonally adjusted, for the 3-month period ending June 2011, the U.S. Bureau of Labor Statistics reported. Wages and salaries (which make up about 70 percent of compensation costs) increased 0.4 percent, and benefits (which make up the remaining 30 percent of compensation) increased 1.3 percent.

One-in-Four Employers Say Their Workers are Less Productive in Summer, According to New CareerBuilder Survey

added: 01-08-2011

As stifling heat waves continue to bear down on much of the United States, many workers are feeling a different type of burnout this summer.

Wells Fargo: Small Business Owner Optimism Holds Steady

added: 31-07-2011

Wells Fargo & Co. announced third quarter results for its Wells Fargo/Gallup Small Business Index that showed small business owners’ optimism holding steady at zero - neither optimistic nor pessimistic – as confidence expressed about present financial situation wasn’t enough to offset lower expectations for future revenues and capital spending allocation.

Double-Dip Recession Now Reality for Most Middle-Class Americans

added: 30-07-2011

At a time when economists continue to debate the likelihood of a double-dip recession, the majority of middle-class Americans think the nation is already in one, according to the First Command Financial Behaviors Index®.

Fidelity® Survey Finds Widespread Lack of Awareness Among Pension Plan Participants About How Their Plans Work

added: 29-07-2011

With more than 42 million Americans participating in corporate pensions today, a Fidelity Investments® survey of corporate pension plan participants has found a widespread lack of awareness about how those plans work. Seventy one percent of those surveyed do not have detailed knowledge of how their pension plans operate, yet more than half said they are counting on those pensions to help pay for living expenses in retirement.

Bankrate: Mortgage Rates Inch Higher

added: 29-07-2011

Mortgage rates turned course this week with the benchmark conforming 30-year fixed mortgage rate rising to 4.74 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.35 discount and origination points.

The Conference Board Consumer Confidence Index® Increases Slightly in June 2011

added: 28-07-2011

The Conference Board Consumer Confidence Index®, which had declined in June, improved slightly in July. The Index now stands at 59.5 (1985=100), up from 57.6 in June. The Present Situation Index decreased to 35.7 from 36.6. The Expectations Index rose to 75.4 from 71.6 last month.

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