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Daily Archives: February 11, 2010

WSJ Survey: Economists Expect Shifting Work Force

WSJ: “About a quarter of the 8.4 million jobs eliminated since the recession began won’t be coming back and will ultimately need to be replaced by other types of work in growing industries, according to economists in the latest Wall Street Journal forecasting survey. While the job market is constantly shifting as some sectors fade and others expand, this recession threw that process into overdrive. Thousands of workers lost jobs as companies automated more tasks or moved whole assembly lines to places like China. As growth returns, so will job creation—just with a different emphasis in the mix of jobs being created.”

  • See forecasts for growth, unemployment, housing and more. Plus, views on the Fed’s rates, stimulus and more. Survey conducted Feb. 5-9. (Or download all data as .xls)
  • Related postings on financial system
  • New TRAC Study: Detention of Criminal Aliens

    “A new TRAC study, Detention of Criminal Aliens: What Has Congress Bought?, based on the analysis of hundreds of thousands of records obtained from Immigration and Customs Enforcement (ICE) and an examination of its budget, explores the changes in ICE’s enforcement record since the beginning of FY 2005, when Congress drastically increased the agency’s funding… Continue Reading

    Legislation to Limit Fallout From Supreme Court Ruling That Allows Unlimited Corporate Spending on Elections

    News release: “U.S. Senator Charles E. Schumer (D-NY), Chairman of the Senate Rules Committee, and U.S. Rep. Chris Van Hollen (D-MD) on Thursday announced new legislation to mitigate the negative impacts of the Supreme Court’s decision that allowed unlimited corporate spending on elections. The Court, in its ruling in the Citizens United case last month,… Continue Reading

    Leahy, Feinstein In Letter To President Endorse Use of Federal Courts To Prosecute Terrorists

    News release: “Senator Patrick Leahy (D-Vt.) and Senator Dianne Feinstein (D-Calif.) on Thursday sent a letter to President Barack Obama endorsing the longstanding use of federal criminal courts to prosecute terrorists. Leahy and Feinstein chair the Senate Judiciary Committee and Select Committee on Intelligence, respectively. Leahy and Feinstein have supported the administration’s plans to try… Continue Reading

    New Study: Childhood Obesity, Other Cardiovascular Risk Factors, and Premature Death

    Follow up to previous postings on childhood and adolescent obesity, this new research study: “Obesity, glucose intolerance, and hypertension in childhood were strongly associated with increased rates of premature death from endogenous causes in this population [4857 American Indian children without diabetes]. In contrast, childhood hypercholesterolemia was not a major predictor of premature death from… Continue Reading

    Wave of Refinancing Could Overwhelm an Already Weakened Financial System Community Banks at Greatest Risk

    News release: “The Congressional Oversight Panel’s February oversight report, “Commercial Real Estate Losses and the Risk to Financial Stability”, expresses concern that a wave of commercial real estate loan losses over the next four years could jeopardize the stability of many banks, particularly community banks. Commercial real estate loans made over the last decade –… Continue Reading

    FinCEN Expansion of Special Info Sharing Procedures To Deter Money Laundering and Terrorist Activity

    “FinCEN is issuing this final rule to amend the relevant Bank Secrecy Act (BSA) information sharing rules to allow certain foreign law enforcement agencies, and State and local law enforcement agencies, to submit requests for information to financial institutions. The rule also clarifies that FinCEN itself, on its own behalf and on behalf of other… Continue Reading

    Humane Society grades 50 states on laws to protect animals

    News release: “he Humane Society of the United States, the nation’s largest animal protection organization, has released its first “Humane State Ranking,” a comprehensive report rating all 50 states on a wide range of animal protection laws dealing with pets, animal cruelty and fighting, wildlife, animals in research, horses, and farm animals. At the top… Continue Reading

    EEOC Issues New Data on Job Patterns in Private Sector

    News release: “The U.S. Equal Employment Opportunity Commission (EEOC) has posted extensive new data on job patterns in the private sector, as part of the Obama Administration’s Open Government Initiative. The EEOC posted 11 new aggregate data sets from the most recent edition of its report Job Patterns for Minorities and Women in Private Industry,… Continue Reading