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Daily Archives: August 7, 2009

BLS – Employment Situation Summary, July 2009

News release: “Nonfarm payroll employment continued to decline in July (-247,000), and the unemployment rate was little changed at 9.4 percent, the U.S. Bureau of Labor Statistics reported today. The average monthly job loss for May through July (-331,000) was about half the average decline for November through April (-645,000). In July, job losses continued in many of the major industry sectors…In July, the number of unemployed persons was 14.5 million. The unemployment rate was 9.4 percent, little changed for the second consecutive month. Among the major worker groups, unemployment rates for adult men (9.8 percent), adult women (7.5 percent), teenagers (23.8 percent), whites (8.6 percent), blacks (14.5 percent), and Hispanics (12.3 percent) were little changed in July. The unemployment rate for Asians was 8.3 percent, not seasonally adjusted.”

  • Related postings on financial system
  • Federal Financial Institutions Examination Council Support for Responsible Loss Mitigation Activities

    News release: “The Federal Financial Institutions Examination Council members recognize that entities servicing first and subordinate liens on the same residential real estate property may be faced with potential conflicts of interest when making loan modification decisions. A servicer’s decision to modify the first lien mortgage should not be influenced by the potential impact of… Continue Reading

    CBO's Long-Term Projections for Social Security: 2009 Update August 2009

    CBO’s Long-Term Projections for Social Security: Potential Range of Scheduled Social Security Outlays and Revenues – 2009 Update, August 2009 “Today, Social Security’s annual revenues exceed its annual outlays. But as the baby-boom generation (people born between 1946 and 1964) continues to age, growth in the number of Social Security beneficiaries will pick up, and… Continue Reading

    The Budgetary Effects of Expanding Governmental Support for Preventive Care and Wellness Services

    CBO: The Budgetary Effects of Expanding Governmental Support for Preventive Care and Wellness Services, August 7, 2009 “Preventive medical care includes services such as cancer screening, cholesterol management, and vaccines. In making its estimates of the budgetary effects of expanded governmental support for preventive care, CBO takes into account any estimated savings that would result… Continue Reading

    National Transportation Atlas Database 2009

    “The National Transportation Atlas Databases 2009 (NTAD2009) is a set of nationwide geographic databases of transportation facilities, transportation networks, and associated infrastructure. These datasets include spatial information for transportation modal networks and intermodal terminals, as well as the related attribute information for these features. Metadata documentation, as prescribed by the Federal Geographic Data Committee, is… Continue Reading