News release: “Employers took 1,726 mass layoff actions in December that resulted in the separation of 153,127 workers, seasonally adjusted, as measured by new filings for unemployment insurance benefits during the month, the U.S. Bureau of Labor Statistics reported today. Each action involved at least 50 persons from a single employer. The number of mass layoff events in December decreased by 87 from the prior month, and the number of associated initial claims decreased by 10,696. Both figures reached their lowest level since July 2008. In December, 433 mass layoff events were reported in the manufacturing sector, seasonally adjusted, resulting in 44,072 initial claims. Both figures decreased over the month to their lowest levels since November and August 2007, respectively. During the 25 months from December 2007 through December 2009, the total number of mass layoff events (seasonally adjusted) was 51,978, and the associated number of initial claims was 5,242,840. (December 2007 was the start of a recession as designated by the National Bureau of Economic Research.)”
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Daily Archives: January 27, 2010
CRS Report: Terrorist Attacks on Commercial Airlines: Federal Criminal Prohibitions
Terrorist Attacks on Commercial Airlines: Federal Criminal Prohibitions. Charles Doyle, Senior Specialist in American Public Law, January 22, 2010 “A handful of terrorists have been prosecuted in federal court for attacks on commercial airlines or their passengers. Most often they have been charged with several crimes. Prosecution for some crimes depends upon where they were… Continue Reading
CBO Releases Budget and Economic Outlook: Fiscal Years 2010-2020, An Analysis of Roadmap for Americas Future Act of 2010
An Analysis of the Roadmap for Americas Future Act of 2010, as Specified by Congressman Ryans Staff, January 27, 2010 “Today CBO released a letter to Congressman Paul Ryan, Ranking Member of the House Budget Committee, analyzing the Roadmap for Americas Future Act of 2010. This legislation, which Congressman Ryan introduced today, would make comprehensive… Continue Reading
New CRS Report: Honey Bee Colony Collapse Disorder
CRS: Honey Bee Colony Collapse Disorder, updated January 7, 2010 “Starting in late 2006, commercial migratory beekeepers along the East Coast of the United States began reporting sharp declines in their honey bee colonies. Because of the severity and unusual circumstances of these colony declines, scientists named this phenomenon colony collapse disorder (CCD). Reports indicate… Continue Reading
House Oversight Hearing on The Federal Bailout Of AIG
Follow up to January 25, 2010 posting, Work of Special IG For TARP Draws Increasing Attention, read Mr. Barofky’s testimony today before the House Oversight Committee on The Federal Bailout Of AIG. See also Treasury Secretary Timothy F. Geithner’s Written Testimony before the House Committee on Oversight and Government Reform and related postings on financial… Continue Reading
Joint Economic Committee Releases New State-by-State Report
News release: “A new report released today by the Joint Economic Committee (JEC) provides a snapshot of the current economic climate in each state, offering policy makers easy access to the major economic indicators in all 50 states and the District of Columbia in the areas of jobs, unemployment, personal earnings and housing. Understanding the… Continue Reading
OECD – The Financial Crisis: Reform and Exit Strategies
The Financial Crisis: Reform and Exit Strategies: “The financial crisis left major banks crippled by toxic assets and short of capital, while lenders became less willing to finance business and private projects. The immediate and potential impacts on the banking system and the real economy lead governments to intervene massively. These interventions helped to avoid… Continue Reading
National Wildlife Federation Report: Corn Ethanol and Wildlife
Corn Ethanol and Wildlife – How increases in corn plantings are affecting habitat and wildlife in the Prairie Pothole Region, 01-13-2010. Rebecca Brooke, Gregory Fogel, Aviva Glaser, Elizabeth Griffin and Kristen Johnson. “Government incentives have led to skyrocketing growth in the U.S. corn ethanol industry over the past five years. This has contributed to major… Continue Reading
Investigative Report – US oil industry hit by cyberattacks
Christian Science Monitor: “At least three US oil companies were the target of a series of previously undisclosed cyberattacks that may have originated in China and that experts say highlight a new level of sophistication in the growing global war of Internet espionage. The oil and gas industry breaches, the mere existence of which has… Continue Reading
Bipartisan Policy Center Launches Debt Reduction Task Force
News release: “Calling Americas fiscal path unsustainable, the Bipartisan Policy Center today launched its Debt Reduction Task Force to develop a comprehensive, bipartisan plan to reduce projected federal debt. Co-Chaired by former Senator Pete Domenici and Dr. Alice Rivlin, the Domenici-Rivlin Task Force will develop a comprehensive, balanced, and politically-viable package of spending reductions and… Continue Reading
