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US: Payroll Employment in March 2009

added: 09-04-2009

Total nonfarm payroll employment continued to fall sharply (-663,000) in March. Since the recession began in December 2007, 5.1 million jobs have been lost.

Half of Workers Who Were Laid Off in the Last Three Months Found Jobs

added: 08-04-2009

Despite it being one of the most challenging hiring environments in the nation's history, 41 percent of workers who were laid off from full-time jobs in the last three months reported they found a new full-time, permanent position while another 8 percent found part-time work. This is according to a survey from CareerBuilder that included 807 workers who were laid off from full-time jobs within the last 12 months.

With Affordability Up, Home Buyers Are Starting to Return to the Market

added: 08-04-2009

Thanks to record low mortgage rates and declining home prices, 55 million families – or half of all U.S. households – can afford today's $200,000 median-priced new home, according to figures released by the National Association of Home Builders (NAHB).

Many Employees and Employers Out of Synch on Range of Retirement Issues

added: 08-04-2009

At a time in our country’s history when alignment of retirement issues between employers and their employees is becoming increasingly important, findings from MetLife’s 7th Annual Employee Benefits Trends Study highlight the fact that the two groups are out of synch on some key retirement issues ranging from advice to income. The annual study found that many employees and employers see the retirement landscape quite differently, with a gap between what employees are seeking and what employers are currently willing to offer.

Economic Turmoil Changing the Way 401(k) Investors Think About Retirement Needs

added: 08-04-2009

Barclays Global Investors, N.A. (BGI), one of the world's largest asset managers, released the results of a comprehensive survey showing how the ongoing economic downturn is eroding the retirement confidence of 401(k) participants. Notably, the survey indicates that participants give equal importance to guaranteed retirement income and to covering their health care costs when it comes to improving retirement confidence.

US Job Openings and Labor Turnover in February 2009

added: 08-04-2009

On the last business day of February, there were 3.0 million job openings in the United States, and the job openings rate was 2.2 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

30-Year Mortgages Stay Low and Stable

added: 08-04-2009

The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for thirty-year mortgages remained stable for the third consecutive week at 5.08 percent, down slightly from 5.09 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com®.

The Conference Board Employment Trends Index Shows Strong but Moderating Decline in March 2009

added: 07-04-2009

The Conference Board Employment Trends Index (ETI)™ fell again in March. The index now stands at 90.1, decreasing 2.3 percent from the February revised figure of 92.2, and down 22.1 percent from a year ago.

Saving Money Through Green IT Becomes More Appealing in Troubled Economic Times, IDC Says

added: 07-04-2009

As green initiatives become more ingrained in the fabric of enterprise IT environments, the necessity and value placed on green technology continues to expand. According to a survey of IDC Green IT Forum registrants, 68% of respondents rated energy efficiency as "top of mind" when thinking about Green IT. Another 51% said their organization's approach to green was directly tied to the cost savings it could provide.

Record Pace of Mortgage Failures

added: 07-04-2009

The mortgage sector is on pace to see a record number of failures this year as regulators seize banks at an accelerating rate, according to data tracked at the Mortgage Graveyard - a journal of failed, ailing and acquired lenders. A lack of government loans programs and lost warehouse financing played a role in some of the closings.

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