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Relocation.com Survey Shows Consumers Moving Further Due to Economy

added: 06-05-2009

Just as the Great Depression contributed to large-scale migrations from certain parts of the U.S., the current recession could be having a similar, historic effect, a new survey from Relocation.com, the leading online consumer resource for moving services, suggests.

Seven Out of 10 Workers Surveyed Say Recession Has Had Some Positive Career Impact

added: 06-05-2009

Although the downturn has proven tough for workers, those who are still employed say they're gaining more from the experience than just managing to keep their jobs. Seventy-seven percent of professionals interviewed cited at least one positive effect the recession has had on their jobs, including the ability to tackle new projects (53 percent), assume additional responsibility (52 percent) and take on more challenging work (52 percent). But according to most respondents, the extra work has yet to be formally rewarded: Only 12 percent said they have received promotions.

30-Year Mortgage Rates Continue to Fall Across the Board

added: 06-05-2009

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for thirty-year mortgages remained relatively steady last week. Last week's rate was 5.05 percent, down slightly from 5.07 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®. Meanwhile, rates for 15-year fixed mortgages fell to 4.70 percent, down from 4.72 percent and 5-1 adjustable rate mortgages decreased significantly, down to 4.30 percent from 4.38 percent the week prior.

Energy Independence Not Attainable Until 2030 or Beyond, Says KPMG Survey of Oil and Gas Executives

added: 05-05-2009

More than three-quarters of oil and gas executives surveyed by KPMG LLP's Global Energy Institute say that energy independence is not attainable until 2030 or beyond, despite the emphasis on alternative energy sources in current and proposed government energy policies. The executives also said mass production of alternative energy is not viable in the short term. While there is a marked shift upward in the number of executives who acknowledge that global warming is occurring, the vast majority still don't support proposed regulations to stem CO2 emissions.

The Conference Board Reports Online Job Demand Down 131,000 in April 2009

added: 05-05-2009

Online advertised vacancies dropped 131,000 to 3,117,000 in April, according to The Conference Board Help-Wanted Online Data Series (HWOL)™. The April loss follows drops of 6,600 in February and 100,000 in March but much larger drops of 500,000 in both December and January. In total, advertised vacancies are down 1,321,000, or 30 percent, in the last six months.

Small Business Survey: Turnaround Expectations Pushed out to 2010 or Later

added: 05-05-2009

More than 59 percent of small business owners don’t expect an economic turnaround until 2010 or later, while 23 percent anticipate a rebound by the end of 2009 and 17 percent are unsure, according to the latest Business Confidence Survey released by Administaff, a provider of human resource services for small and medium-sized businesses.

US Occupational Employment and Wages in 2008

added: 05-05-2009

In 2008, the U.S. median wage was $15.57 per hour or $32,390 per year, according to the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor.

Strong Dollar Has Little Effect on Small Retailers, Larger Effect on Wholesalers

added: 05-05-2009

A strong dollar (making imports cheaper and exporting more difficult) appears to have little effect on the survival rate of small retailers, according to a study released by the Office of Advocacy of the U.S. Small Business Administration. The study covers 15 years of data, from 1990 through 2005, from the U.S. Census Bureau’s Statistics of U.S. Businesses and other sources.

US Employment Cost Index: March 2009

added: 04-05-2009

Total compensation costs for civilian workers increased 0.3 percent from December 2008 to March 2009, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported. This follows a 0.6 percent increase for the September to December 2008 period. In March 2009, wages and salaries also rose 0.3 percent, while benefits rose 0.5 percent. The Employment Cost Index (ECI), a product of the National Compensation Survey, measures changes in compensation costs for civilian workers (nonfarm private industry and state and local government workers).

The Conference Board Reports Online Job Demand Down 100,000 in March 2009

added: 04-05-2009

Online advertised vacancies dropped 100,000 to 3,248,000 in March, according to The Conference Board Help-Wanted Online Data Series.

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