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Majority of American Families Plan to Spend Tess than Last Year or Nothing at all on Back-To-School Shopping, According to RBC Consumer Outlook Index

added: 05-08-2010

Six-in-ten American families with children at home (62 percent) say they plan to spend less this year than last or nothing at all on back-to-school shopping, according to the RBC Consumer Outlook Index. Although most families are cutting back, nine percent say they actually plan to spend more and 29 percent say they will spend about the same this year as last year on back-to-school items.

Funding Status of U.S. Pensions Rebounds to 76.9 Percent in July, According to BNY Mellon Asset Management

added: 05-08-2010

Strong performances by stocks around the world drove the assets of the typical U.S. corporate pension plan higher in July, sending the funded status of these plans up 2.9 percentage points to 76.9 percent, according to monthly statistics published by BNY Mellon Asset Management.

Bankrate: Mortgage Rates Continue to Drop

added: 05-08-2010

Mortgage rates moved even lower this week, with the average conforming 30-year fixed mortgage rate hitting a record low of 4.66 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.42 discount and origination points.

July Monster Employment Index Grows 21% Year-Over-Year, Sixth Consecutive Month of Positive Annual Growth

added: 05-08-2010

The U.S. Monster Employment Index annual growth rate remained at 21 percent (24-point increase) with the degree of July’s seasonal slowdown matching the historical July average seen in the Index, suggesting some stability in underlying job market drivers. The Index declined by three points (two percent) on a monthly basis reflecting a seasonal easing in online recruitment activity seen at this stage of the year as companies reduce hiring activity after meeting their summer requirements.

Deloitte Survey: One in Five Americans Skip Medical Care When Sick or Injured; Cost is a Major Factor

added: 04-08-2010

With unemployment rates remaining at an all-time high, one in five Americans chose not to seek medical care for a recent illness or injury, with four out of 10 citing cost as the primary factor, according to a Deloitte Center for Health Solutions survey of more than 4,000 adults in the United States.

Half of Americans Wish They Had a Pension

added: 04-08-2010

In a new survey about preparing financially for retirement, Ipsos found that even though seven out of ten (71%) of over 1,000 adults aged 25 and older said they were personally in control of their finances and make financial decisions themselves, half of those who are not yet retired (48%) believe they will not have enough money to maintain their current lifestyle in retirement and half of those already retired (53%) are concerned about their current financial situation.

Relocate for the Same Job? Nearly Half of Working Americans Say, “Yes, If I Can Get a Better Quality of Life”

added: 04-08-2010

If they could find the same job in a community that they thought offered a higher quality of life, almost half (43 percent) of working Americans would move, according to a new Ipsos Public Affairs poll conducted on behalf of the Fairfax County Economic Development Authority (FCEDA, www.FairfaxCountyEDA.org).

SpendingPulse July Retail Report: Sector Spending In Holding Pattern

added: 04-08-2010

MasterCard Advisors’ SpendingPulse, a macro-economic report tracking national retail and service sales, today provided summary results for performance of specific U.S. retail industries in July, 2010. This month, sales in most categories remained mostly flat compared to July 2009 in contrast to the sharper growth of Q1 and the more moderate growth of Q2, 2010.

Discover® U.S. Spending MonitorSM Drops 1.9 Points in July

added: 04-08-2010

Consumer confidence fell for the third straight month as more consumers rated current economic conditions as poor, and fewer see the economy improving, according to the Discover U.S. Spending Monitor for July 2010.

Self-employed Workers to Gain Maternity and Pension Benefits Under New EU Law

added: 04-08-2010

Self-employed workers and their partners will enjoy better social protection – including the right to maternity leave for the first time – under new EU legislation that enters into force today. The Directive on self-employed workers and assisting spouses (Directive 2010/41/EU) repeals and replaces an earlier law (Directive 86/613/EEC) and improves the social protection rights of millions of women in the labour market, strengthening female entrepreneurship. At present only one in three entrepreneurs is a woman.

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