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U.S. Tech Industry Adds 118,500 Jobs in First Half of 2007

added: 27-09-2007

AeA released an employment study based on government data from the U.S. Bureau of Labor Statistics that shows that the U.S. high-tech industry added 118,500 jobs between January and June of 2007, a two percent rise, for a total of 5.94 million. This is slightly less than the 143,000 tech jobs added in the first half of 2006.

US: CCH Projects Key Tax Figures for 2008

added: 27-09-2007

The indexing of many features of the tax code will bring some relief to taxpayers next year, according to CCH, a Wolters Kluwer business and a leading provider of tax and accounting law information, software and services. CCH released estimated income ranges for each 2008 tax bracket.

US: Occupational Pay Comparisons Among Metropolitan Areas, 2006

added: 27-09-2007

Average pay in the San Francisco metropolitan area was 19 percent above the national average in 2006, the highest among the 78 metropolitan areas studied by the National Compensation Survey (NCS), the Bureau of Labor Statistics of the U.S. Department of Labor reported.

Seniors Lose 40% of Buying Power Since 2000

added: 27-09-2007

Seniors have lost 40 percent of their buying power since the beginning of the decade, according to a new study released by The Senior Citizens League, one of the nation's largest nonpartisan seniors groups.

Fixed-Rate Mortgages Remain Strong

added: 27-09-2007

Traditional home loans, such as the 30-year fixed-rate mortgage, have survived the so-called "mortgage meltdown" and homebuyers are seeking them out in large numbers, according to Dr. Susan M. Wachter, Professor of Real Estate and Finance at the University of Pennsylvania's Wharton School.

Hedge Funds Anticipate Recession in 2008

added: 27-09-2007

The U.S. economy is heading for a recession in 2008, according to a poll conducted on behalf of CPA firm Rothstein Kass by Russ Prince, a leading authority on private wealth. Over 61% of hedge fund industry principals surveyed indicated that a recession in 2008 is a "very likely" scenario.

US: Regional and State Employment and Unemployment in August 2007

added: 26-09-2007

Regional and state unemployment rates were generally little changed in August. Overall, 21 states and the District of Columbia recorded over-the-month unemployment rate decreases, 18 states registered increases, and 11 states had no changes, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

US Consumers Turning to Credit Cards to Bail Them Out

added: 26-09-2007

As high interest rates and the sub-prime mortgage crises continue to put a squeeze on the economy, US consumers are increasingly turning to credit cards to bail them out, according to Mail Monitor, the credit card direct mail tracking service from global market research company Synovate.

Web 2.0 Users Go Shopping

added: 26-09-2007

Web 2.0 users spent about $27 billion online in the United States in the second quarter of 2007, according to comScore’s "Web 2.0 in Retail Today” report.

Conference Board Consumer Confidence Index Declines Again

added: 26-09-2007

The Conference Board Consumer Confidence Index, which had declined in August, fell further in September. The Index now stands at 99.8 (1985=100), down from 105.6 in August. The Present Situation Index decreased to 121.7 from 130.1. The Expectations Index declined to 85.2 from 89.2.

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