Zambeef Products Plc (ZAMB.zm) 2009 Presentation

first_imgZambeef Products Plc (ZAMB.zm) listed on the Lusaka Securities Exchange under the Agri-industrial sector has released it’s 2009 presentation For more information about Zambeef Products Plc (ZAMB.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the Zambeef Products Plc (ZAMB.zm) company page on AfricanFinancials.Document: Zambeef Products Plc (ZAMB.zm)  2009 presentation Company ProfileZambeef Products Plc, listed on the Lusaka Securities Exchange, is the largest vertically integrated food retailing brand in Zambia. The Group is principally involved in the production, processing, distribution and retailing of beef, chicken, pork, milk, dairy products, eggs, stock feed and flour. The Group also has large row cropping operations (principally maize, soya beans and wheat), with approximately 7,971 hectares of row crops under irrigation which are planted twice a year, and a further 8,623 hectares of rainfed/dryland crops available for planting each year.last_img read more

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NCBA Group PLC (NCBA.ke) 2018 Annual Report

first_imgNCBA Group PLC (NCBA.ke) listed on the Nairobi Securities Exchange under the Banking sector has released it’s 2018 annual report.For more information about NCBA Group PLC (NCBA.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the NCBA Group PLC (NCBA.ke) company page on AfricanFinancials.Document: NCBA Group PLC (NCBA.ke)  2018 annual report.Company ProfileNCBA Group Plc is a financial services institution in Kenya offering banking products and services for the retail, commercial and corporate sectors. It also offers stock brokerage, bancassurance, leasing and investment banking services through operations in Kenya, Tanzania and Uganda. Its full-service offering ranges from transactional banking products and services to unsecured and secured loans, secured diaspora loans, property purchase loans and insurance premium financing as well as asset-based lending, capital expenditure loans and construction loans. NIC Bank Limited offers institutional banking services to non-government organisations, diplomatic missions and their affiliate donor/aid entities as well as government institutions, multi-nationals, domestic corporates and medium- to high-net worth individuals. Formerly known as NIC Bank Limited, the company changed its name to NIC Group Plc in 2017. Its head office is in Nairobi, Kenya. NCBA Group Plc is listed on the Nairobi Securities Exchangelast_img read more

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Cornerstone Insurance Company Plc (CORNER.ng) HY2017 Interim Report

first_imgCornerstone Insurance Company Plc (CORNER.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2017 interim results for the half year.For more information about Cornerstone Insurance Company Plc (CORNER.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Cornerstone Insurance Company Plc (CORNER.ng) company page on AfricanFinancials.Document: Cornerstone Insurance Company Plc (CORNER.ng)  2017 interim results for the half year.Company ProfileCornerstone Insurance Company Plc is an insurance company in Nigeria offering products for life and non-life classes. The company provides risk underwriting and related financial services for individuals, corporate and institutional customers. This includes products for motor vehicles, aviation, marine, engineering all risks, asset protection, liability to third party, oil and gas, group life, credit life, mortgage protection, term assurance, wealth creation and Islamic insurance. Cornerstone Insurance Company Plc was the first insurance company in Nigeria to provide customers with an online platform for insurance transactions. The company’s services are easily accessible through internet and mobile technology. Cornerstone Insurance Company Plc’s head office is in Lagos, Nigeria. Cornerstone Insurance Company Plc is listed on the Nigerian Stock Exchangelast_img read more

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Immersed in Thankfulness

first_img LEAVE A REPLY Cancel reply Please enter your name here Please enter your comment! TAGSBlessingsFaithFreedomGodInspirationMike GillandOpinionThankfulnessThanksgivingThe Shepherd Radio NetworkWorship Previous articleFree PPE giveaway December 1-3: Orange County continues to assist small businessesNext articleThe lifesaving power of gratitude Denise Connell RELATED ARTICLESMORE FROM AUTHOR Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 The Anatomy of Fear Opinion | Faith & InspirationBy Mike GillandI came by it honestly, growing up in a home of coffee drinkers.  It took a little while, but by the time that I was a young broadcaster signing on a radio transmitter at 5:30 in the morning, my transformation into a full-grown lover of the coffee bean became complete.  You just gotta love that wonderful warmth and comfort that we get from our morning cup of caffeine.Fast forward to the days when Starbucks began to pop up all over the country. I remember the first time I ever opened the door to one of their shops, all decorated with the green-and-white logos, beautiful wooden cabinets and inviting music playing softly; that’s when it happened. The aroma was everywhere. Not just emanating up from the cup, it was in every cubic inch of the air that we were breathing. It was exhilarating, and I was hooked. Coming into those shops became a treat, because now, it was more than a cup of coffee; it was a java experience.Now, while that might be an extreme way of looking at coffee, (I have been known to talk in superlatives), in a real way, that is exactly how we should view all of the blessings in life that we’ve been given. The Psalmists excelled in this very thing, giving us chapter after chapter of beautiful lyrics, amazing imagery, all crammed through and through with deep theological truths about the goodness of God and our need to be grateful and thankful to Him.If you have ever studied the real stories of America’s history, you will have learned that the desire to worship our God freely in this manner is what drove our nation’s settlers to risk everything on the voyage to this new land where they could worship freely. That desire produced an immersive longing that was thicker and sweeter than the aroma from any coffee bar.What began as a humble feast centuries ago became a national holiday. And while our country has changed in so, so many ways (and continues to do so), one thing should remain the same, unchanged in spite of time, and that is the need to recognize that we are recipients of mercy and grace. God’s grace, given freely. He has given us the privilege of living in a nation where we can, and should, worship freely, where we can receive the bountiful blessings from God and then, in turn, share our blessings with others. It really can happen. We will become more content, more peaceful, and less selfish when we merely stop and do an inventory, see what we have and all that we’ve been given. It will produce in our hearts a thankfulness, and we will enjoy the fragrance of love from our loving Father.And that is better than all the coffee in the world.Happy Thanksgiving!Mike Gilland is Operations Manager for The Shepherd Radio Network, a group of radio stations in Florida that features the “Christian Teach/Talk” format. Mike hosts a daily talk radio show in the 2 PM hour called “Afternoons with Mike”, talking to local pastors and newsmakers.  In Orlando, The Shepherd is heard on WIWA, AM 1270.   In addition to his broadcast experience, Mike spent 36 years in full-time ministry as a pastor and worship leader.  As a guitarist, Mike performs at concerts, restaurants, private parties, etc. He is married to Cindy, the father of four grown children and grandfather to eight grandchildren.center_img You have entered an incorrect email address! Please enter your email address here Photo by Nick Hillier on Unsplash Support conservation and fish with NEW Florida specialty license plate Share on Facebook Tweet on Twitter Save my name, email, and website in this browser for the next time I comment.last_img read more

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FResource Trustfunding survey closes today

first_img  26 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 4 July 2008 | News Fundraising resource site fResource is asking its readers for their views on the Directory of Social Change’s Trustfunding.org.uk online service. The aim is “to try to establish once and for all, the key issues with regards to the DSC’s Trustfunding online service, from subscribers themselves”. The service is used by many trust fundraisers to research sources of grant funding.All the information collected will be analysed by fResource and “made available to both the DSC and to the sector as a whole”, according to Matthew Ide, Director of fResource.The survey closes today at 5pm. Results will be analysed and presented next week.www.surveymonkey.com/s.aspx?sm=GsOCAGZlrmlili7ZFa_2blfw_3d_3d Tagged with: Funding Research / statistics About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. FResource Trustfunding survey closes today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

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ICO launches grants programme to promote data protection & privacy research

first_img About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. The Information Commissioner’s Office (ICO) has launched a Grants Programme to promote and support independent research and solutions focused on privacy and data protection issues.Under the programme, the ICO will award a number of grants each year between £20,000 and £100,000.The ICO Grants Programme’s objectives are to:Support and encourage research and privacy enhancing solutions in significant areas of data protection risk, focused on projects that will make a real difference to the UK publicIncrease awareness of privacy enhancing solutions with data controllers across the UKImprove understanding of how individuals view privacy issues, interactions with new technologies and promote better public awarenessPromote uptake and application of research results by relevant stakeholders, including policy makersDevelop existing privacy research capacity in academic and not-for-profit sectorsProposals do not need to be technology based but must have practical application and provide real world solutions that are of clear public benefit to the UK.Elizabeth Denham, Information Commissioner, said:“Information Rights evolve with time. The new Grants Programme is designed to give practical research and policy a stronger voice in this evolution.“At the core of our new Information Rights Strategic Plan is the objective of promoting trust for the public. Current research shows that 75% of the public don’t trust the way that their personal data is used. I want to see that number reduce and that requires evidence of what is causing the problem and well considered ideas for how to address it.” Advertisement Tagged with: data protection grants Information Commissioner ICO launches grants programme to promote data protection & privacy research  63 total views,  1 views today Eligible organisations are invited to bid for grants for independent research and projects that meet one or more of the five strategic goals set out in the ICO’s Information Rights Strategic Plan:To increase the public’s trust and confidence in how data is used and made available.Improve standards of information rights practice through clear, inspiring and targeted engagement and influence.Maintain and develop influence within the global information rights regulatory community.Stay relevant, provide excellent public service and keep abreast of evolving technology.Enforce the laws we help shape and oversee.In particular, the ICO is seeking proposals that align with goals 1, 2 and 4, and this year is seeking design or accountability solutions that focus on key privacy challenges or the privacy implications of new technologies such as big data, artificial intelligence, machine learning, social scoring and blockchain. It is also interested in projects that address the privacy challenges related to children and the internet.The deadline for applications is 5pm on 28th July. Further information about the Grants Programme, including eligibility, funding and outcome expectations is available on a dedicated page on the ICO website.A webinar discussing the programme in more detail will also take place from 2pm-3pm on 15th June.  64 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis15 Melanie May | 8 June 2017 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis15last_img read more

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Charlottesville: Activists across U.S. ‘double-down’ on anti-racist solidarity

first_imgColumbus, Ohio Cleveland Philadelphia Milwaukee Huntingon, W.Va. Durham, N.C.center_img New York City Houston Oakland, Calif. A huge wave of anti-racist protest is sweeping through the U.S. in determined response to events in Charlottesville, Va. A “Unite the Right” gathering of a few hundred armed white supremacists, Ku Klux Klan units and neo-Nazis seized public space there in a torchlight parade on Aug. 11 and the next day attempted to occupy Emancipation Park, previously named Lee Park after Confederate General Robert E. Lee.The white supremacists were met and pushed back by an anti-racist crowd of thousands. Young queer people of color were the leadership in the call to action. They were joined Aug. 12 by a wide range of people who understood the immediate mortal danger that the rise of white supremacists pose to people of color, immigrants, Muslims, Jews, women, LGBTQ people, people with disabilities and others. As the crowd demonstrated, one of the Nazis assaulted the marchers with his car, killing 32-year-old Heather Heyer and injuring many others.Within 24 hours, over 700 “Solidarity with Charlottesville” demonstrations were posted on the Vox Media website. Many of these took place over the weekend, from a quiet candlelight vigil in West Virginia to rallies all over the state of Wisconsin. (wibailoutpeople.org)A rousing protest in Syracuse, N.Y., led by Black Lives Matter brought hundreds out at a local site where an 1851 action by thousands of abolitionists freed a local African-American man being dragged back into enslavement by federal marshals.In Cleveland, over 300 people gathered to say, “NO to white supremacy!”In Brooklyn, N.Y., 400 people heard a speaker from Peace Action of New York connect the racist violence in Virginia to U.S. attacks on Syria and north Korea.Thousands of people came out to demonstrate at Trump Tower in New York City on Aug. 14, enraged at the alliance of President Trump and his administration with these reactionary forces.A Charlottesville protester, Lee Patterson of Baltimore, spoke to the deep-rooted reasons for growing militancy when he told Workers World: “Today we saw the bare face of capitalist white supremacy. We believe that today is the time to stand up against racist terrorists that come from the capitalist system.” Here is a sample of such actions, which continue to grow.PhiladelphiaA crowd of 200 people gathered at Philadelphia City Hall on Aug. 12 for a vigil commemorating the victims of fascist violence. It was somber as Philly R.E.A.L. Justice, Workers World Party, Refuse Fascism, the Industrial Workers of the World and other local organizations highlighted the trajectory that led to the day’s tragic events. The Philadelphia vigil was organized by Philly Socialists and the local Socialist Alternative branch.Most speakers agreed that the time is now to double-down on organizing. After an hour there, the crowd took to the streets, walking north on 15th Street and then down the Broad Street off-ramp onto eastbound Interstate I-676. With absolutely no police interference or presence, activists marched on the highway between two exits, then got off and dispersed.— Photo and report by Deandra PatricaColumbus, OhioA demonstration was held in Columbus, Ohio, on Aug. 13 to show solidarity with those who were attacked by fascists at the Unite the Right rally in Charlottesville. Several hundred socialists, communists and other central Ohio activists marched from Goodale Park to the steps of the Ohio Statehouse.There, a rally and vigil were held to commemorate the life of Heather Heyer, who was martyred when a fascist intentionally rammed the crowd with his vehicle, and to honor the many others who were injured in that attack.  Several members of local chapters of socialist and communist organizations delivered impassioned speeches on the necessity for those on the left to organize and fight back against the rising tide of fascism and white supremacy.— Report by Josh LinkAtlantaHundreds came out in Atlanta on Aug. 13 to a Charlottesville solidarity event called by All Out ATL. In 2016 this mix of antifa-aligned groups initiated a demonstration against a Klan gathering at Stone Mountain.The protest gathered at Troy Davis Park, so named by the community for an African-American man murdered by the state in 2011. After speeches, including a class-conscious, anti-racist talk by Dawn O’Neal, the march stepped into the streets, 1,000 strong. Workers World carried the banner: “Smash White Supremacy! Fight Racist Terror! Black Lives Matter!”The target of the march was Piedmont Park and its racist statute celebrating the end of Black Reconstruction in the South. The statue was promptly defaced, with no reported arrests.— Report by Dianne MathiowetzHouston  Residents of the most diverse city in the U.S. came together in solidarity with those attacked by far-right racists in Charlottesville on Aug. 12.  Houstonians of all nationalities, genders and immigration status stood together to denounce the murder of Heather Heyer and pledged to fight the right wing in Texas.Speaker after speaker condemned the racism of the alt-right, demanded an end to their terrorism, and stood up for undocumented people, women’s right to choose, and an end to the anti-transgender “bathroom bill” that hate-filled Texas legislators are currently trying to pass.One emotional speaker was Colombian immigrant Ericka Chaves, mother of one of the dozens injured in Charlottesville, Houstonian Natalie Romero.  Chaves said her daughter was the first in her family to attend college, and she is on a full scholarship at the University of Virginia. Romero has a skull fracture and many cuts and bruises, but is expected to recover. The family is raising money to cover her mounting medical bills. Chaves thanked everyone for their support and said she knew her daughter would continue to stand up for justice for all.A young reproductive justice activist drew cheers when she said, “I’m not here just to talk about a woman’s right to choose to have an abortion or have a child. I’m here to say that Black mothers must have the right to raise a child that doesn’t have to see racist statues of Robert E. Lee. And that undocumented mothers have the right to not be separated from their children because of deportation.”The Texas legislature is now considering a bill that could cause more deaths like Heather Heyer’s or serious injuries like Natalie Romero’s. House Bill 250 would make it semi-legal for a driver to run over a protester if that protester is blocking traffic, as long as the driver is “exercising due care.”— Report by Gloria RubacCalifornia Bay AreaOver 500 people came out in Oakland, Calif., on the night of Aug. 12 for a vigil in solidarity with Charlottesville. They rallied at Latham Square, then marched through the downtown area and eventually reached the I-580 freeway — where they shut it down in both directions.The next day, another rally of a few hundred people gathered again in Latham Square. The rally was organized by the Anti Police-Terror Project. The organization’s spokesperson Cat Brooks said, “We know these neo-Nazis, these alt-right folks are on their way to Berkeley and San Francisco on the 26th and 27th. As opposed to waiting for those days to come out in droves to tell them they’re not welcome here, we figured we’d start now. … You are not welcome in the Bay. We are not scared of you. We will not stay inside. We do not cower to bullies, and these are our streets.”Many other rallies were held in San Francisco, San Jose and other cities and towns across the Bay Area.— Report by Terri KayAnne Pruden and Susan Schnur also contributed to this article.Photos: Susan Schnur in Cleveland; Benji Pyles in Huntington, W.Va.; Anne Pruden in New York City; Josh Link in Columbus, Ohio; Peter Gilbert in Durham, N.C.;  Joe Brusky in Milwaukee; Deandra Patrica in Philadelphia; Liliana Castrillon in Houston; Gil Ross in Oakland, Calif.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

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French journalist and activist freed after being held for 25 days

first_img Receive email alerts April 7, 2021 Find out more Vietnam sentences journalist Tran Thi Tuyet Dieu to eight years in prison December 12, 2007 – Updated on January 20, 2016 French journalist and activist freed after being held for 25 days News VietnamAsia – Pacific RSF_en News Follow the news on Vietnam RSF laureates support jailed Vietnamese journalist Pham Doan Trang VietnamAsia – Pacific center_img April 22, 2021 Find out more to go further Reporters Without Borders welcomes the release today of French journalist and activist Nguyen Thi Thanh Van after 25 days in detention. The French authorities confirmed that she has left Vietnam. She is due to arrive at Paris’ Charles de Gaulle airport at 10:35 a.m. tomorrow.Nine journalists and cyber-dissidents are still imprisoned in Vietnam.————-Paris urged to try harder to get French journalist freed, while former French minister is among hundreds who sign petitionReporters Without Borders today reiterated its call for the release of French journalist and activist Nguyen Thi Thanh Van after the Vietnamese authorities yesterday freed three US citizens who, like her, had been accused of “terrorism”, a charge refuted by the US ambassador to Vietnam.”The release of the US dissident of Vietnamese origin, Leon Truong, is good news that allows us to hope that Nguyen Thi Thanh Van will also soon be freed,” the Thanh Van family, their lawyer, Serge Lewisch, and Reporters Without Borders said in a joint statement. “It is surprising that she is still being held as they were arrested together on the same charges. We urge the French government to take action to ensure that she is freed as quickly as possible.”Former French government minister Françoise Hostalier, a parliamentary representative of Nord department, is among those who have signed a petition issued by the Thanh Van support committee. The signatories include many leading Vietnamese dissidents such as Catholic priests Chan Tin and Phan Van Loi, and intellectuals Do Nam Hai, Nguyen Chinh Ket and Bui Tin. The hundreds of French signatories include some residents of L’Haÿ-Les-Roses, where Thanh Van lives.Truong, who was put on a flight back to the United States after his release yesterday, was arrested at the same time as Thanh Van and, like her, accused of “terrorism” because of his support for the unrecognised opposition party Viet Tan. An American couple accused of supporting their so-called terrorist plot by bringing a firearm from the United States were also freed yesterday and allowed to fly home. A fourth American, Nguyen Quoc Quan, is still held, however.Several hours before their release, the US ambassador to Vietnam, Michael Michalak, told the press his embassy had still not received any formal notification of the charges against them. If they were being held for peacefully expressing their political opinions, the United States protested vigorously and demanded their immediate release, Michalak said.The French authorities confirmed that consular officials have visited Thanh Van for the second time in detention but they gave no details. On 30 November, Thanh Van was shown on VTV4, a Vietnamese TV station targeted at overseas viewers. She was seen being forced to simulate clandestine activity, including the transport of leaflets. Help by sharing this information Three more independent reporters arrested in Vietnam April 27, 2021 Find out more News Organisation Newslast_img read more

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Gardaí plan to ‘take out’ agricultural thieves in County Limerick

first_imgNewsLocal NewsGardaí plan to ‘take out’ agricultural thieves in County LimerickBy Alan Jacques – March 13, 2015 788 by Alan [email protected] up for the weekly Limerick Post newsletter Sign Up GARDAÍ have told local councillors in Adare-Rathkeale municipal district that a plan is in place to deal with the high level of agricultural burglaries in rural areas of the county.Speaking at this Tuesday’s monthly council meeting, the Garda Superintendent for Newcastle West district, Tom O’Connor, said that while crime figures for West Limerick were down in the last 12 months, thefts were on the rise.“We have a plan in place to take these thieves out,” said Supt O’Connor.According to Gardaí, items such as diesel, oil and machinery were being targeted during burglaries in County Limerick. Supt O’Connor said relatives of Limerick criminals, based locally, were being linked to the crimes.Fianna Fáil councillor Richard O’Donoghue told the Garda superintendent that the Croom, Ballingarry and Manister side of the district needed extra policing due to a recent spate of robberies.“A mini digger and 16 tonnes of coal were stolen from the creamery in Ballingarry,” said Cllr O’Donoghue.Sergeant Niall Flood from Newcastle West District Garda Station told Cllr O’Donoghue that a Garda crime prevention officer had since visited the creamery in Ballingarry. He also advised local businesses to be more security conscious and suggested they instal CCTV cameras.“People are nervous. A woman in Abbeyfeale was at home with her son during the day recently and looked out her window to see two men walking up the yard with a hammer,” said Sinn Fein councillor Ciara McMahon.“Robberies are on the increase,” she added.However, Fine Gael councillor Stephen Keary believes that people need to be more conscious of their own personal security.“While canvassing for the local election last year, I could have walked straight into 40 per cent of the houses or driven away in their cars as the keys were still in the doors,” claimed Cllr Keary.“People need to mind their items. More awareness is needed,” he insisted.Supt Tom O’Connor pointed out that the Newcastle West district covered 121 square miles and is the same size as County Monaghan.“We are working within our resources and we have not abandoned anyone,” he said. Advertisement Funeral tribute for the Limerick Garda known as ‘Robocop’ Email Twitter Limerick TD says GLAS payments welcome but ‘much more action’ needed to support Agri-sector Linkedin Facebook Man arrested after buildings in Limerick city centre allegedly damaged by gunfire center_img Previous articleLimerick lags behind for ladiesNext articleThe wicked sizzle of Eastwick Witches Alan Jacqueshttp://www.limerickpost.ie TAGSAn Garda SíochánaCllr Ciara McMahonCllr Richard O’DonoghueCllr Stephen KearyFianna FáilFine GaellimerickMunicipal District of Adare-RathkealeSinn FeinSuperintendent Tom O’Connor Decision to enter Phase 4 of reopening Ireland deferred to August 10 Top Fianna Fáil councillor will reject Green coalition deal WhatsApp Fianna Fáil TD Niall Collins appointed as Minister of State Print RELATED ARTICLESMORE FROM AUTHORlast_img read more

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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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