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U.S. Metropolitan Areas Shortchanged in Stimulus Infrastructure Spending

added: 15-06-2009

The nation's major metropolitan areas have been short-changed in the receipt of federal stimulus funds for transportation infrastructure administered by governors and state highway departments, according to a preliminary report issued today by the U.S. Conference of Mayors. The first phase of funding allocations will be completed on June 30.

Industrial Production Down by 1.9% in Euro Area in April 2009

added: 15-06-2009

In April 2009 compared with March 2009, seasonally adjusted industrial production fell by 1.9% in the euro area (EA16) and by 0.9% in the EU27. In March production decreased by 1.4% and 1.3% respectively.

The Conference Board Leading Economic Index™ for Japan Decreased in April 2009

added: 15-06-2009

The Conference Board Leading Economic Index™ (LEI) for Japan decreased 2.9 percent and The Conference Board Coincident Economic Index™ (CEI) increased 0.4 percent in April.

Bankrate: Mortgage Rates Surge Higher

added: 15-06-2009

Mortgage rates soared this week, with the average 30-year fixed mortgage rate rising to 5.95 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.

China: Operation of the National Real Estate Market from January to May 2009

added: 15-06-2009

From January to May, the total investment in real estate development was 1,016.5 billion yuan, up by 6.8 percent year-on-year, and went up 1.9 percentage points over first four months, while that of a decrease of 25.1 percentage points over same period of previous year.

The Conference Board Leading Economic Index™ for the U.K. Increases in April 2009

added: 15-06-2009

The Conference Board Leading Economic Index™ (LEI) for the U.K. increased 0.9 percent, and The Conference Board Coincident Economic Index™ (CEI) increased 0.1 percent in April.

Couples Make No Progress in Joint Planning and Management of Retirement Finances Despite Historic Market Volatility

added: 14-06-2009

Fidelity Investments(R) released the results of its second Couples Retirement Study, first fielded in 2007, that tests communication, knowledge and agreement about finances and retirement planning issues between husbands and wives.

Majorities of Americans Continue to Believe Teacher Pay Too Low

added: 14-06-2009

As the economic recession continues one area that could be impacted is education as states and localities look to trim costs and cut budgets. Compared to last year, however, perception of the quality of education in both the country as a whole and Americans’ local areas is holding steady, but it is overall not considered excellent or very good.

Employers Share the Most Unconventional Tactics Job Seekers Have Used to Get Their Attention

added: 14-06-2009

Facing the most difficult job market in decades, some job seekers have resorted to using unconventional methods to stand out from the crowd. According to a new survey from CareerBuilder, nearly one-in-five hiring managers (18 percent) reported that they are seeing more job seekers try unusual tactics to capture their attention in 2009 compared to last year. This is up from 12 percent of hiring managers who said the same in 2008 as compared to previous years.

Social Media an Increasingly Important Tool in Keeping Employees Engaged During Tough Economic Times

added: 13-06-2009

Employers faced with reduced communication budgets and resources are turning to social media to keep their workforce engaged, according to a survey.

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