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Heavy Online Spending Continues Later Into the Season

added: 22-12-2008

comScore reported its tracking of holiday season retail e-commerce spending for the first 49 days of the November - December 2008 holiday season. For the holiday season through December 19, $24.03 billion has been spent online, down 1 percent versus the corresponding days last year. The most recent week of the season has seen several strong online spending days, including Monday, December 15 with $859 million in spending to rank as the second heaviest day of the season, behind Tuesday December 9 when $887 million was spent.

U.S. Labor Department's OSHA Highlights Another Successful Enforcement Year in FY 2008

added: 22-12-2008

The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) continued to exceed enforcement goals during Fiscal Year (FY) 2008. The agency's emphasis on identifying and eliminating serious safety and health hazards has resulted in an unprecedented 80 percent of all violations issued being in the most serious categories.

Retail Defaults Lead Rise in U.S. CMBS Delinquencies

added: 22-12-2008

Continued signs of retail weakness contributed to a 13 basis point (bp) increase in delinquencies, as the Fitch Ratings U.S. CMBS loan delinquency index rose to 0.64% in November 2008. The increase is consistent with Fitch's expectation that delinquencies will continue to rise, reaching approximately 2% by year-end 2009.

US Mass Layoffs in November 2008

added: 22-12-2008

In November, employers took 2,328 mass layoff actions, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the Bureau of Labor Statistics of the U.S. Department of Labor reported. Each action involved at least 50 persons from a single employer; the number of workers involved totaled 224,079 on a seasonally adjusted basis.

US Regional and State Employment and Unemployment in November 2008

added: 22-12-2008

Regional and state unemployment rates were generally higher in November. Overall, 37 states and the District of Columbia recorded over-the-month unemployment rate increases, 5 states registered decreases, and 8 states had no change, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

UK Energy and Utilities Outlook is Stable for 2009

added: 22-12-2008

Fitch Ratings says that the credit outlook for the UK energy and utility sector will remain stable during 2009, as negative factors such as higher funding costs are balanced by positive factors such as lower wholesale prices.

Japan Could Do More to Help Young People Find Stable Jobs

added: 22-12-2008

Young people in Japan are finding it increasingly hard to get stable jobs and the Japanese authorities should expand vocational training schemes and increase social security coverage for young non-regular workers in order to help them, according to a new OECD publication.

Fitch: U.S. Gaming Industry Recovery Unlikely Until 2010

added: 22-12-2008

With a view that the global economy is experiencing a severe recession, Fitch is forecasting the steepest GDP decline in the major advanced economies since World War II. The financial profile of the U.S. consumer is expected to remain stressed in 2009, as weak employment trends coupled with depressed real estate and equity prices continue to undermine consumer confidence.

Top 50 U.S. Web Properties for November 2008

added: 21-12-2008

comScore, Inc. released its monthly analysis of U.S. consumer activity at the top online properties for November 2008 based on data from the comScore Media Metrix service. The official start to the holiday shopping season unleashed droves of Americans on retail sites, propelling several categories, including Toys, Consumer Electronics and Department Stores, to double-digit traffic gains in November.

Despite Weak Economy, Desire for Time Off During the Holidays Remains Strong

added: 21-12-2008

With the grim economic news continuing to pour in, one might expect the average American worker to be too focused on keeping his or her job to think about taking time off this holiday season. But a new survey sponsored by The Workforce Institute™ at Kronos® Incorporated and conducted by Harris Interactive, finds that the vast majority of employees plan to forge ahead with their holiday time off requests as planned - some even plan to take more time off this year than in the past.

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