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Seniors: How the New Housing and Recovery Act Can Affect You

added: 12-08-2008

The Housing and Recovery Act of 2008 is going to affect more than first time home buyers, it will affect seniors too. When the President signed into law a $300 billion housing bill to help homeowners renegotiate their mortgages, reverse mortgage lenders reignited their marketing programs focusing on seniors, says Frank N. Darras, the nation's leading disability and Long-Term Care insurance lawyer.

High Gas Prices May Cause Employers to Rethink Telecommuting, Compressed Work Weeks

added: 11-08-2008

With gasoline costs taking a big bite out of employees' paychecks, companies may want to take a second look at where and when employees work, notes CCH, a leading provider of human resources information and software and a part of Wolters Kluwer Law & Business.

Annual Supplier Rankings of Automakers by Suppliers Show Toyota and Nissan Slipping, Ford Gaining and Chrysler Tanking

added: 11-08-2008

The turmoil in the U.S. auto industry is reflected in the 2008 rankings of the six major North American automakers by their suppliers, with Toyota and Nissan dropping significantly and Honda virtually tying Toyota for the best working relations among the automakers. Chrysler is in free-fall, continuing its decline from 2006 and is now in last place - slightly below General Motors - but Ford improved dramatically and jumped two ranks to fourth place.

42 Million Mobile Phones Sold in United States in Q2 2008

added: 11-08-2008

According to the latest research from Strategy Analytics, mobile phone shipments in the United States defied the economic gloom and grew 5 percent annually, to reach 42 million units during Q2 2008. Motorola had a strong quarter and maintained its number one position in the region.

US Productivity and Costs, Second Quarter 2008

added: 11-08-2008

The Bureau of Labor Statistics of the U.S. Department of Labor reported preliminary productivity data-as measured by output per hour of all persons-for the second quarter of 2008. The seasonally adjusted annual rates of productivity change in the second quarter were: 2.3 percent in the business sector and 2.2 percent in the nonfarm business sector.

Grant Thornton Says Supplier Bankruptcy Risk High

added: 11-08-2008

Lower industry volumes and the massive decline in truck and SUV sales have put as many as one-third of automotive suppliers in North America at risk of bankruptcy, according to the Summer 2008 Automotive Industry Review prepared by Grant Thornton Corporate Advisory and Restructuring Services. At the same time, bankruptcy concerns for the Detroit Three domestic automakers are overblown, despite recent credit downgrades by the major debt rating agencies.

Millions Have Been Snubbed for Not Having a College Degree

added: 10-08-2008

With workers' fears about job security and upward mobility at record highs, education may prove to be the saving grace. A new study by eLearners.com, web resource of EducationDynamics, and Kelton Research found that nearly one in five (19%) Americans - that equals about 40 million adults - know someone at their current or past workplace who has been passed over for a job because they didn't have the right degree. One in ten (10%) respondents say they themselves have been denied a job at some point for not having a degree.

U.S. Labor Department and SEC to Share Information Protecting Retirement and Investments of American Workers

added: 09-08-2008

Elaine L. Chao, U.S. secretary of labor, and Christopher Cox, chairman of the U.S. Securities and Exchange Commission (SEC), agreed to make permanent their agencies' longstanding relationship of sharing information on retirement and investments to protect the $5.8 trillion in retirement assets of American workers, retirees and their families held in employee benefit plans by signing a Memorandum of Understanding (MOU).

Market Penetration of Satellite Radio and Navigation Systems in New Vehicles Increases Dramatically

added: 09-08-2008

Growth in consumer demand for high-tech features supplied in new vehicles has led to a significant increase in market penetration for satellite radio and navigation systems according to the J.D. Power and Associates 2008 Multimedia Quality and Satisfaction Study.

Employee Benefits in the United States in March 2008

added: 08-08-2008

Two-thirds of private industry and State and local government workers (defined in this survey as civilian workers) had access to retirement benefits and nearly three-quarters to medical care in March 2008, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

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