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Daily Archives: February 24, 2010

Layoffs Can Affect Life Expectancy – Steel Plant Workers Succumb

New York Times: “A growing body of research suggests that layoffs can have profound health consequences. One 2006 study by a group of epidemiologists at Yale found that layoffs more than doubled the risk of heart attack and stroke among older workers. Another paper, published last year by Kate W. Strully, a sociology professor at the State University of New York at Albany, found that a person who lost a job had an 83 percent greater chance of developing a stress-related health problem, like diabetes, arthritis or psychiatric issues.”

  • Related postings on financial system
  • New GAO Reports: Aviation Safety, Sexual Assault Prevention in Military, Veterans' Disability Benefits, Higher Education

    Aviation Safety: Preliminary Information on Aircraft Icing and Winter Operations, GAO-10-441T, February 24, 2010 Military Personnel: DOD’s and the Coast Guard’s Sexual Assault Prevention and Response Programs Need to Be Further Strengthened, GAO-10-405T, February 24, 2010 Veterans’ Disability Benefits: Opportunities Remain for Improving Accountability for and Access to Benefits Delivery at Discharge Program, GAO-10-450T, February… Continue Reading

    Fed Chairman Bernanke's Semiannual Monetary Policy Report to the Congress

    Chairman Ben S. Bernanke Semiannual Monetary Policy Report statement to the Congress Before the Committee on Financial Services, U.S. House of Representatives, Washington, D.C. February 24, 2010 “Although the recession officially began more than two years ago, U.S. economic activity contracted particularly sharply following the intensification of the global financial crisis in the fall of… Continue Reading

    Hearing: The Collection and Use of Location Information for Commercial Purposes

    “The Subcommittee on Commerce, Trade, and Consumer Protection and the Subcommittee on Communications, Technology, and the Internet held a joint hearing titled, The Collection and Use of Location Information for Commercial Purposes, on Wednesday, February 24, 2010, in 2141 Rayburn House Office Building. The hearing examined privacy and other issues related to the commercial collection,… Continue Reading

    CBO: Using a Different Measure of Inflation for Indexing Federal Programs and the Tax Code

    Using a Different Measure of Inflation for Indexing Federal Programs and the Tax Code, Economic and Budget Issue Brief, February 24, 2010 “Federal laws try to protect taxpayers and recipients of government benefits from the effects of rising prices by specifying that dollar amounts in many parts of the tax code and in some programs… Continue Reading

    What You Need to Know: New Overdraft Rules for Debit and ATM Cards

    News release: “Bank account overdraft fees can be a source of unexpected costs for consumers. A new online Federal Reserve Board publication will help consumers better understand rules that provide additional protection when a debit card or automated teller machine (ATM) transaction causes an account to be overdrawn. Federal Reserve Board rules that take effect… Continue Reading