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Seventy Percent of Small Businesses Anticipate Growth in 2009

added: 19-06-2009

Seventy percent of small businesses anticipate moderate to significant growth in 2009, according to the Small Business Attitudes & Outlook Survey conducted by Constant Contact®, Inc., a provider of email marketing and online surveys.

Older Workers Delaying Retirement, Watson Wyatt Survey Finds

added: 19-06-2009

As many workers are being hit by large losses to their retirement funds, a significant number of older workers are planning to delay their retirement, according to a survey by Watson Wyatt.

US Oil and Gas Industry Profits Down

added: 19-06-2009

According to Ernst & Young LLP's annual Exploration & Production (E&P) benchmark study, the industry experienced increased E&P costs, a decline in ending oil reserves and ultimately decreased profits. However, total capital spending for 2008 was up 35% from 2007 and natural gas reserves grew 4% in 2008, demonstrating the industry's long-term vision and commitment to providing a constant supply of oil and gas.

New York Employment Confidence Index Continues Upward Trend

added: 19-06-2009

The New York Employee Confidence Index continues to trend upward, increasing 2.9 points to 45.9 in May, according to the latest Spherion(R) Employment Report. The monthly survey of New York workers, conducted by Harris Interactive(R) on behalf of Spherion Corporation, indicates that a decreasing number of workers believe that fewer jobs are available and more workers are confident in their ability to find a new job.

The Conference Board Leading Economic Index(TM) for the U.S. Improves Again in May 2009

added: 19-06-2009

The Conference Board Leading Economic Index(TM) (LEI) for the U.S. increased 1.2 percent in May, following a 1.1 percent increase in April, and a 0.3 percent decline in March.

Social Media Explosion

added: 19-06-2009

Social networks are exploding in popularity. Forty-three percent of the online community now uses social networking sites, including Facebook, MySpace and LinkedIn. This is up from 27 percent a year ago, reports The Conference Board and TNS.

More Than 50 Percent of U.S. Workers Surveyed Will Have the Summer Off as Result of Unemployment

added: 19-06-2009

With the first day of summer fast approaching, more than half of U.S. workers polled will find themselves with the summer off, due to unemployment. Fifty-five percent of the U.S. workforce will have flexible hours this summer as a result of job loss, according to a nationwide poll conducted by Monster.com®. Monster.com is a leading global online career and recruitment resource and flagship brand of Monster Worldwide, Inc.

China Can Have the Confidence to Emphasize Forward Looking Policies and Structural Reforms, says World Bank

added: 18-06-2009

While China’s economy has continued to feel the brunt of the global crisis, very expansionary fiscal and monetary policies have kept the economy growing respectably, according to the World Bank’s latest China Quarterly Update.

US Consumer Price Index in April 2009

added: 18-06-2009

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in May before seasonal adjustment, the Bureau of Labor
Statistics of the U.S. Department of Labor reported. Over the last 12 months the index has fallen 1.3 percent. This is the largest decline since April 1950 and is due mainly to a 27.3 percent decline in the energy index.

Bankrate: Mortgage Rates Reverse Course

added: 18-06-2009

Mortgage rates pulled back sharply this week, with the average 30-year fixed mortgage rate falling to 5.76 percent. According to Bankrate.com's weekly national survey, the average 30-year fixed mortgage has an average of 0.43 discount and origination points.

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