Industry Impact: American Employment and Wages Rise

first_img About Author: Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. in Daily Dose, Featured, Government, News Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago construciton Employment Federal Reserve 2019-11-01 Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post Previous: What’s Missing from GSE Reform Next: Over $2T Worth of Homes at Risk of Wildfire Destruction The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save November 1, 2019 1,103 Views Employment rose by 128,000 in October according to the latest Employment Situation Summary from the Bureau of Labor Statistics. Fannie Mae Chief Economist Doug Duncan notes that this number accounts for net losses of 42,000 for motor vehicles and parts manufacturing, and what this means for the Fed’s rate decision.“The average workweek held steady, and average hourly earnings growth was unchanged at 3.0% year over year, which should offset concerns of weakening personal income growth,” Duncan said. “In the household survey, the unemployment rate ticked up one-tenth this month but remains at historically low levels, and labor force participation increased as well, indicating workers are continuing to return from the sidelines. Based on this report, the Fed should be comfortable with its tone at the recent FOMC meeting in which it implied a more muted appetite for future rate cuts.”With the increased number of jobs comes an increased volume of residential construction workers, notes First American Deputy Chief Economist Odeta Kushi. The solid jobs report is a good reflection of strength in the housing market.“More hammers means more homes, so October’s month-over-month gain of 2,900 residential construction jobs signals an increase in new home construction may be on the horizon, which would benefit home buyers and the housing market,” Kushi said in a statement. “Since the recession, housing starts per construction worker (construction productivity) has improved, but seems to have settled just above 1.4 housing starts per worker. The rise in construction jobs is good news for the housing market, as finding ways to increase the productivity of construction workers is critically important to alleviating the labor shortage challenge and the gap between household formation and home building.”Americans are making more as well, according to U.S. Secretary of Labor Eugene Scalia.”Once again, Americans are receiving more money in their paychecks, as year-over-year wage growth rose by 3.0%,” Scalie said. “Wages have grown at or above 3.0% for 15 straight months, including September’s increased revision.”center_img Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Home / Daily Dose / Industry Impact: American Employment and Wages Rise Tagged with: construciton Employment Federal Reserve The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Related Articles Servicers Navigate the Post-Pandemic World 2 days ago Industry Impact: American Employment and Wages Rise Demand Propels Home Prices Upward 2 days ago Subscribelast_img read more

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CIPD must fight to get clear message across

first_img Previous Article Next Article CIPD must fight to get clear message acrossOn 31 Oct 2000 in Personnel Today Related posts:No related photos. Anyone reading about last week’s CIPD conference in national newspapers will have come away with the impression that the agenda was all to do with Internet abuse and pop psychology about gender roles. They certainly wouldn’t get a clear message about the CIPD’s policies and priorities. So much for the body’s inaugural year as a chartered institute. But the problem goes deeper than the apathy of the national press towards the CIPD’s agenda. Incoming CIPD president Don Beattie kicked off this year’s conference by admitting that too many chief executives hold back from good HR practices. Belatedly, the institute appears to be ready to do something about it. Personnel Today has learned that the CIPD plans to expand resources to improve channels of communication with ministers.Beattie also used the conference to invite Chancellor Gordon Brown to take into account the institute’s research on HR and business performance when he sits down with the CBI and the TUC to discuss how to make the UK more competitive.But the CIPD will need to come up with more than vague invitations to the Treasury if it is to ever get its message across to the media, industry and the Government. It could do worse than looking to the American personnel body, the SHRM, which employs a team of professional political lobbyists and has even gone so far as to sue the US Government over bad legislation. The CIPD must wake up to the modern political climate of professional spin and lobbying. Employing a team of professionals to get the ear of the Government this would be a big step in the right direction. But the institute must go further. It must decide whether it needs to fundamentally change its remit from being an educational body to being a political force capable of representing the interests of human resource management at the highest level. It is time for the CIPD to climb off the fence and tell the world what it believes in. Comments are closed. last_img read more

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Closed-door matches not an option, says PSSI chief

first_imgThe Soccer Association of Indonesia (PSSI) has assured that it will not be continuing its Liga 1 and Liga 2 soccer leagues over the course of the COVID-19 outbreak, the association chief confirmed, casting off speculation of possibly organizing matches behind closed doors.During a recent teleconference with House of Representatives lawmakers, PSSI chief Mochamad “Iwan Bule” Iriawan rejected the idea of continuing the competition without spectators, an idea proposed by several members of the House Commission X overseeing sports.“We have discussed this option. FIFA hands over the decision to each federation regarding the matter but still urges safety on top of everything,” he said in a recent discussion. The Liga 1 competition, which kicked off on Feb. 29, had only entered its third-match week, while Liga 2 only held its first official match on March 14.Lawmakers were split between those who favor continuing the competitions for entertainment value in a time of crisis, and those who worry the COVID-19 outbreak is too much of a risk.“Sporting events, just like other shows on television, have lost their soul. But at least they are a source of entertainment for citizens [to weather the crisis],” said former entertainer Rano Karno, a House Commission X lawmaker from the ruling Indonesian Democratic Party of Struggle (PDIP-P).On the other hand, Democratic Party lawmaker Yoyok Sukawi insisted that organizing matches behind closed doors would not be effective in efforts to curb the spread of the disease, as league clubs are required to be highly mobile during competitions.“Regions on the island of Java have now been categorized as red zones for COVID-19 cases. It will be difficult for clubs to obtain permits to host matches,” said Yoyok, who is also the CEO of Semarang-based soccer club PSIS.“[Organizing matches without spectators] would also result in losses for both clubs and operators. If sponsors withdraw, PSSI and the operators could go bankrupt, as 80 percent of the income comes from them.”The COVID-19 outbreak that has swept the country in the past few months has exacerbated the conditions of Indonesia’s national soccer industry. With both leagues postponed and physical distancing measures in place, there was barely any opportunity for players and coaches to prepare for the FIFA Under 20 World Cup in 2021, which Indonesia will be hosting.PSSI has long been on the receiving end of criticism, as the association battles decades of entrenched corruption and poor management.Djohar Arifin Husin, a Gerindra lawmaker and former PSSI chief between 2011 and 2015, warned the association not to forget to prepare for the Under 20 competition, noting that the PSSI had yet to discuss its plans with the House Commission X.He also criticized the association for stalling on a presidential mandate to speed up national soccer development.“It’s been a year, but there’s still nothing. The PSSI can actually make use of the opportunity to involve several ministries to work together in improving the country’s soccer industry.”President Joko “Jokowi” Widodo specifically instructed Youth and Sports Minister Zainudin Amali at his appointment last year to “fix Indonesian soccer”, which is marred with deep-seated problems like match fixing and hooliganism.Iriawan said the association had assembled a team headed by the PSSI’s West Sulawesi regional chapter to work on a road map for the industry.He said the PSSI was maintaining communications with the world soccer body on whether or not it was planning to go ahead with the World Cup. FIFA had planned on visiting the country last month to determine the host cities, but the plan was scrapped.From a total of 11 stadiums that the PSSI had proposed to FIFA for the competition, only six would be getting the nod to host cup matches. These include Gelora Bung Karno stadium in Jakarta, Gelora Bung Tomo stadium in Surabaya, East Java, and Si Jalak Harupat stadium in Bandung regency, West Java.“We will wait for the guidelines from FIFA and the government. If the coronavirus pandemic lasts only until September, we can start renovating the stadiums for the 2021 World Cup,” he said.Topics : “Looking at the number of confirmed COVID-19 cases in the country, we decided it was best to postpone the league. Even if we continued the league without spectators, there would still be at least 50 people gathering for a match.”The Jakarta administration became the first province last week to impose large-scale social restrictions (PSBB), a partial lockdown that calls for strict physical distancing measures. One such measure is to prohibit gatherings of more than five people.Other provinces soon followed suit.PSSI has moved to halt all competitions until May 29.last_img read more

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Lambert backs Delph to step up

first_img Lambert can certainly see Delph going on to star on the big stage on a regular basis as he said: “If he keeps progressing he is going to have a massive career. “He is a guy who is growing in stature, and with the way he’s playing, and now an England international, there’s no fear with him. “He knows now what it takes (to play at the highest level).” After serving a three-match ban, Delph’s return to the Villa side for Saturday’s home clash with Gerrard’s Liverpool is key for Lambert following a wretched run at present. The battle between Delph and Gerrard in the centre of the pitch will be a vital one if Villa are to fire up front after scoring just one goal in their last six league games. “The way Fabian plays the game, with his all-energetic style, is infectious, so him coming back is a massive boost, a major plus for us,” added Lambert. “As I said, there isn’t any fear there. He has the confidence he can mix with that company (Gerrard).” Whilst Lambert sees Delph filling the void vacated by Gerrard with England, the Scot feels someone doing something similar at Liverpool is virtually an impossibility. In July last year Gerrard announced his retirement from international football after becoming the third most-capped player in Three Lions’ history with 114 to his name. Gerrard’s boots are naturally big ones to fill, but Delph has taken strides to that effect this season by claiming his first three caps for his country, particularly starting in the European Championship qualifying wins over Switzerland and Estonia. With Gerrard to join LA Galaxy this summer, Lambert said: “Steven leaving Liverpool, how are you going to replace him? “He’s been an iconic player for them. It will be a massive hole for them, not just on the pitch, but off it. Maybe off it will be a bit harder than on it. “He is one of the Premier League’s midfield greats. You don’t do what he has done and not think he hasn’t done anything in the game. He’s won most things. “The good thing about him is he seems a really nice guy. Somebody who has won the things he has won could easily be big headed or look down on people. “But I’ve always found him really humble, someone who talks really well in the game. “I don’t know him personally, but that’s the way he comes across. “But then I’ve always found that with top players, that they never need to say anything. It’s the wannabes who shout from the rooftops.” With Delph out of contract this summer, Lambert is determined to avoid having his own major chasm to fill should the 25-year-old opt to leave. Lambert believes he can convince Delph to stay as he said: “With Fabian it will not be about money. “I’ve known him long enough to know the type of guy he is, and it will not be a money thing with him. He just wants to play football. “It would be a major boost if we can get him to stay. It would send out a great message. “Him turning around and staying would be a massive statement for everybody at this club – fans, players, staff.” Whilst Delph returns and new signing Carles Gil is poised to make his debut, Lambert is without defender Ciaran Clark who serves a one-game ban and midfielder Joe Cole with a hamstring injury. Aston Villa manager Paul Lambert has suggested Fabian Delph could be the man to replace Steven Gerrard at the heart of England’s midfield. Press Associationlast_img read more

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Caution urged for Donegal motorists as spot flooding hits

first_imgSPOT flooding is causing driving difficulty on a number of Donegal roads tonight.With a status yellow rainfall in place in Donegal until 2am, flooding has taken hold in parts.The road at Ballyraine, between the Ballyraine roundabout and the Pin Tavern, is flooded. There are also parts of the R236 between St Johnston and Raphoe and the N14, Lifford to Letterkenny road, affected with surface water making conditions dangerous in places.Motorists are advised to travel with care.It was forecast that Donegal would get between 20mm and 30mm of rain from 8pm.Met Eireann said: “Heavy downpours of rain expected with totals 30-40mm with spot flooding likely especially near the coast. “Saturday night will be wet as persistent or heavy rain over Munster and Leinster continue with risk of spot flooding.“It is not certain yet if this rain will extend over Ulster and Connacht, but there is good possibility that it will.“The rain will eventually clear eastwards overnight with clear spells following. Lowest temperatures of 9C to 11C.”Caution urged for Donegal motorists as spot flooding hits was last modified: September 28th, 2019 by Chris McNultyShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:AA RoadwatchdonegalfloodFLOODINGMet Eireannn14last_img read more

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Latest: Chelsea 1 QPR 1 – Blues stunned as Austin hits back for Rangers

first_imgCharlie Austin’s goal just after the hour mark hauled QPR level in the west London derby at Stamford Bridge.Chelsea were ahead through Oscar’s brilliant strike when Austin netted his fifth goal of the season, diverting Leroy Fer’s mis-hit shot into the net.The Blues dominated the first half and Branislav Ivanovic missed an early chance to give them the lead.The Serbian defender, unmarked at the near post, fired into the side netting from close range after being found by Willian’s cross.Willian was involved in creating an earlier chance for Oscar, who scuffed a shot wide after the fit-again Diego Costa had back-heeled the ball into his path.At the other end, Austin headed over from Junior Hoilett’s cross.That was a rare QPR attack, though, and Fabregas had an effort pushed away by keeper Rob Green shortly before setting up the opener.Fabregas dribbled towards the penalty area, drawing defenders towards him – including left-back Yun Suk-Young – and was able to pick out Oscar in space to his right.The Brazilian did the rest, beautifully steering the ball beyond Green and into the far corner with the outside of the boot.Fabregas has now been involved in 10 of Chelsea’s 25 league goals this season, scoring one himself and providing nine assists.Chelsea continued to threaten after the break, with Eden Hazard just failing to connect with Willian’s right-wing cross and Filipe Luis firing over the Rangers bar.But the visitors hit back when keeper Thibaut Courtois fisted away Eduardo Vargas’ driven cross and was then off-balance and beaten by Austin’s clever flick after Fer had scuffed his effort. Chelsea: Courtois; Ivanovic, Cahill, Terry, Filipe Luis; Matic, Fabregas; Willian (Drogba 64), Oscar, Hazard; Costa.Subs: Cech, Zouma, Ake, Ramires, Salah, Schurrle. QPR: Green, Isla, Caulker, Dunne, Yun, Hoilet (Zamora 60), Sandro, Fer, Vargas, Austin.Subs: Murphy, Traore, Hill, Phillips, Wright-Phillips, Kranjcar.Follow West London Sport on TwitterFind us on Facebooklast_img read more

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SA gets tough on air pollution

first_img27 June 2005The top 50 air-polluting industries in South Africa are to be targeted in a bid to improve South Africa’s air quality, Environmental Affairs and Tourism Minister Marthinus van Schalkwyk announced in Cape Town on Monday.The department will review major polluters’ air-pollution permit conditions as a precursor to implementing the new Air Quality Act, Van Schalkwyk said. The review will be an interim measure while the government works on the far stricter law.“We will be helping industry to prepare for and phase in the much stricter standards of the new law, and perhaps most importantly we will be improving air quality sooner rather than later for our communities,” he said.Speaking at the Western Cape’s Sustainable Development Conference at the Cape Town International Convention Centre, Van Schalkwyk said a contractor would be appointed by the end of July to identify the country’s top 50 air-polluting industries.“Once identified we will, in partnership with provinces and local councils, target these industries to completely review their air-pollution permit conditions,” he said.The department will train and employ at least 30 air-quality licensing officers in each of the nine provinces. This will build the skills needed to apply the new Air Quality Act, Van Schalkwyk said.“As industry and communities pump greenhouse gases like carbon dioxide into the air, the planet is getting warmer, our rainfall patterns are changing and our plant and animal species are increasingly under threat.“Sustainable development is about ensuring the future of our people and our planet. It is the balancing act between growth and development today, and the health and well-being of our children tomorrow,” he said.“Will we have enough clean water to drink in 10 or 15 or 20 years? Will there be enough soil in our third and fourth decades of freedom to grow the food to feed our people? For us, sustainable development is about survival.”A national strategyVan Schalkwyk said the conference was the first time the global message of the World Summit on Sustainable Development had been translated into a programme of action on a provincial level in South Africa.“We can only hope that this conference will provide a model to be applied in other provinces, and ultimately at the level of local government as well.”Earlier this year Cabinet approved a framework for a National Strategy for Sustainable Development (NSSD), he said.“The outcomes of this conference will, we believe, feed directly into the NSSD development process, which we aim to complete by March next year.”SouthAfrica.info reporter Want to use this article in your publication or on your website?See: Using SAinfo materiallast_img read more

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CBI carries out searches at 22 locations in West Bengal in chit fund scam case

first_imgThe CBI is carrying out searches at 22 locations in West Bengal which are the premises of directors and promoters of New Land Agro Industries, one of the accused companies in a ponzi scam case, officials said on Monday.The company was booked in May 2017 on the orders of the Supreme Court, they said.The apex court had directed the agency to probe all the companies allegedly involved in the ponzi scam being probed by a Special Investigation Team of West Bengal, the officials said.It was alleged in the complaint that over 250 agents, who had deposited approximately ₹ 1 crore each, were cheated by the promoters and directors of the agency by promising them lucrative return.But the maturity amounts were not paid to the gullible investors, it was alleged.last_img

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10 months agoBarcelona ace Messi: Dembele? Less said the better

first_imgBarcelona ace Messi: Dembele? Less said the betterby Carlos Volcano10 months agoSend to a friendShare the loveBarcelona ace Leo Messi says Ousmane Dembele can still have a big future with the club.Speaking with Marca, the Argentine was clear about Dembele’s talent. “On the pitch he’s a phenomenon. It’s up to him where he ends up, he could be one of the best,” said Messi. “He’s young and he is adapting.”In terms of his off the pitch life, Messi said: “The less that’s said about it the better. Now he’s aware of his errors. He’s a very good boy, he’s made up for it and we will all help him.” About the authorCarlos VolcanoShare the loveHave your saylast_img

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