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US: Job Openings and Labor Turnover in June 2007

added: 09-08-2007

On the last business day of June, there were 4.3 million job openings in the United States, and the job openings rate was 3.0 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported. The job openings rate increased slightly in June, while the hires rate and the total separations rate were essentially unchanged.

Online Banking Cast in Green Light

added: 09-08-2007

Moving all US banking activity online would save 17 million trees and reduce greenhouse gases by four billion tons per year, according to Javelin Strategy & Research's "2007 Online Banking and Bill Payment: Trends, Forecasts, and Strategies for Reinvigorating Growth and Adoption" report.

US: Mortgage Market Attitudes

added: 08-08-2007

According to the latest Experian-Gallup Personal Credit Index(SM) survey, 50 percent of consumers are uncomfortable making a major purchase such as a home, a car, major appliances or other significant items over the next three months.

FED Decision: No Change

added: 08-08-2007

No riseat the US Federal Reserve meeting this morning, our time.The Open Market Committee kept the key Federal Funds rate on hold at 5.25%, judging that the economy was still on an even keel.It was the 9th time rates were left on hold.The Fed did mention the phrase 'downside risks' in its statement in connection with the recent turmoil in financial markets over subprime mortgages and securities.

Social Security Important for Retirement of Poor and Rich

added: 08-08-2007

Even high-wage workers depend on Social Security for a substantial portion of their retirement income, according to a new study published by the National Center for Policy Analysis (NCPA).

U.S. Consumers Lose More Than $7 Billion to Online Threats

added: 08-08-2007

The online threats associated with using the Internet remain high according to Consumer Reports's latest "State of the Net" survey. Consumer Reports projects that U.S. consumers lost more than $7 billion over the last two years to viruses, spyware, and phishing schemes.

US: Productivity and Costs in Second Quarter 2007

added: 08-08-2007

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 2007. The preliminary seasonally adjusted annual rates of productivity change in the second quarter were: 2.6 percent in the business sector and 1.8 percent in the nonfarm business sector.

Oil Sector M&A's Looking Attractive

added: 07-08-2007

Cash-rich oil companies should become the darlings of merger & acquisition activity in the coming months as investors shy away from deals that involve purchasing through "Wall Street's debt machine," according to James DiGeorgia, editor and publisher of the Gold and Energy Advisor.

Venture Capital Investment Volume in Q2 2007 at Highest Level Since 2001

added: 07-08-2007

Venture capitalists invested $7.1 billion in 977 deals in the second quarter of 2007 - the highest level of deals reported in a quarter since Q3 2001 - according to the MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association based on data by Thomson Financial. The quarterly strength in the number of deals was driven by companies in the Seed and Early stages of development, which increased by 31 percent from the prior quarter.

Second Quarter Employment Index Dips Four Percent in Job Openings

added: 07-08-2007

JobsInTheUS.com Employment Index for the second quarter 2007 showed job openings dipped four percent, reflecting the softness in the housing, auto, and wider service sectors, as compared to the Second Quarter of 2006.

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