The Chief Executive magazine's CEO Confidence Index continued its streak of losses in July and fell 2.3 points to 82.2, reaching its lowest point since 2002, when it started at 100 points. The survey was conducted among 338 top executives.
Total compensation costs for civilian workers increased 0.7 percent from March to June 2008, seasonally adjusted, the Bureau of Labor Statistics of the U.S. Department of Labor reported,the same as the increase from December 2007 to March 2008. Wages and salaries rose 0.7 percent and benefits rose 0.6 percent. In the previous quarter, wages and salaries increased 0.8 percent and benefits increased 0.6 percent.
RSM McGladrey released data gathered in the last ten days that shows global competition for raw materials and rising energy costs are driving up costs and substantially reducing the bottom line of middle market manufacturers and distributors more than they were just three months ago.
A comprehensive study released by the American Clean Skies Foundation (ACSF) and Navigant Consulting, Inc. (NYSE:NCI) indicates the United States has 2,247 trillion cubic feet (Tcf) of natural gas reserves, which is enough to last more than 100 years.
The Monster Employment Index fell six points in July, as a majority of industries, occupations, regions, and local markets noted continued contraction in online job availability.
Standard & Poor's, the world's leading index provider, announced that for fiscal year 2007, S&P 500 companies with full reporting information posted 45.8% of their sales from outside of the United States versus 43.6% in 2006. The data is based upon 251 companies within the S&P 500 that have full reporting information.
In July 2008, there were 3,864,100 online advertised job vacancies, according to The Conference Board Help-Wanted OnLine Data Series™. This is down 330, 800 from June's level of 4,194,900 (revised), a decline that is larger than seasonally expected for this month. In July, job ads continued to run below year ago levels (220,100 or 5.4 percent below the July 2007 level).
Unemployment rates were higher in June than a year earlier in 332 of the 369 metropolitan areas, lower in 27 areas, and unchanged in 10 areas, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Six areas recorded jobless rates of at least 10.0 percent, while four areas registered rates below 3.0 percent. The national unemployment rate in June was 5.7 percent, not seasonally adjusted, up from 4.7 percent a year earlier.
While the relationship between investors and financial advisors and brokers remains a key factor in investor satisfaction, changes in the economy have investors looking more closely at investment performance - now the most crucial driver of investor satisfaction - according to the J.D. Power and Associates 2008 Full Service Investor Satisfaction Study.
Is your resume more fiction than fact? Experts warn bending the truth can cost you the job. Although only 8 percent of workers admitted to stretching the truth on their resumes, nearly half (49 percent) of hiring managers reported they caught a candidate lying on their resume. Of these employers, 57 percent said they automatically dismissed the applicant. This is according to CareerBuilder.com's latest survey of more than 3,100 hiring managers and over 8,700 workers nationwide conducted from May 22 to June 13, 2008.