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Daily Archives: February 8, 2012

Pew – Young, Underemployed and Optimistic Coming of Age, Slowly, in a Tough Economy

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Young, Underemployed and Optimistic Coming of Age, Slowly, in a Tough Economy, February 9, 2012

  • “This report is based on findings from a Pew Research Center survey conducted Dec. 6-19, 2011, among 2,048 adults nationwide, including 808 young adults (ages 18 to 34). The report also draws on data from the U.S. Bureau of Labor Statistics…Young adults hit hard by the recession. A plurality of the public (41%) believes young adults, rather than middle-aged or older adults, are having the toughest time in today’s economy. An analysis of government economic data suggests that this perception is correct. The recent indicators on the nation’s labor market show a decline in the unemployment rate. Nonetheless, since 2010, the share of young adults ages 18 to 24 currently employed (54%) has been its lowest since the government began collecting these data in 1948. And the gap in employment between the young and all working-age adults—roughly 15 percentage points—is the widest in recorded history.1 In addition, young adults employed full time have experienced a greater drop in weekly earnings (down 6%) than any other age group over the past five years.”
  • Related postings on financial system

    • CDC study finds levels of trans-fatty acids in blood of U.S. white adults has decreased

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    News release: “Blood levels of trans–fatty acids (TFAs) in white adults in the U.S. population decreased by 58 percent from 2000 to 2009 according to a Centers for Disease Control and Prevention study published in the Feb. 8 edition of the Journal of the American Medical Association. This is the first time CDC researchers have… Continue Reading

    EPIC Sues Federal Trade Commission to Enforce Google Consent Order

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    “EPIC today filed a Complaint and a Motion for Temporary Restraining Order and Preliminary Injunction in Federal District Court in Washington, DC. EPIC is seeking to compel the Federal Trade Commission to act prior to March 1, when Google plans to make changes in its terms of service that will make it possible for the… Continue Reading

    New GAO Reports – Energy-Water Nexus, Humanitarian and Development Assistance, SBA Loan Management, Nuclear Weapons

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    Energy-Water Nexus – Information on the Quantity, Quality, and Management of Water Produced during Oil and Gas Production, GAO-12-156, Jan 9, 2012 Humanitarian and Development Assistance – Project Evaluations and Better Information Sharing Needed to Manage the Military’s Efforts, GAO-12-359, Feb 8, 2012 Information Technology – SBA Needs to Strengthen Oversight of Its Loan Management… Continue Reading

    BSEE and NOAA to complete Arctic oil spill response mapping tool

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    News release: “The Bureau of Safety and Environmental Enforcement (BSEE) and the National Oceanic and Atmospheric Administration (NOAA) announced today they are partnering to enhance the Environmental Response Management Application (ERMA®) for the Arctic region by summer 2012. ERMA® is the same interactive online mapping tool used by federal responders during the Deepwater Horizon oil… Continue Reading

    DOJ Launches Website to Improve Outcomes for At-Risk and Delinquent Girls

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    “The Department of Justice announces a new resource — the National Girls Institute website — to better meet the needs of at-risk and delinquent girls, their families and the agencies and organizations that serve them. The institute is supported by the National Council on Crime and Delinquency (NCCD) through a grant from the Department’s Office… Continue Reading

    Annual Report on Women’s Advancement into Leadership Positions in the American Bar Association

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    Goal III Report – An Annual Report on Women’s Advancement into Leadership Positions in the American Bar Association, February 2012 “To ensure that the ABA would promote women’s advancement in the Association, the Commission created in 1991 the Goal IX Report Card (“Report”), which measures the progress of women in ABA leadership positions. The Report,… Continue Reading

    From The Atlantic – 150th Anniversary Edition – The Duty to Think

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    “On the 150th anniversary of the Civil War, we present this commemorative issue featuring Atlantic stories by Mark Twain, Henry James, Harriet Beecher Stowe, Frederick Douglass, Nathaniel Hawthorne, Louisa May Alcott, and many more.” James Bennet editor of The Atlantic: “It is possible, in these pages, to enter into both the humanity of figures consecrated… Continue Reading

    CDW-G's Federal Mobility Report – Security Edition 2012

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    “CDW-‘s new Federal Mobility Report examines how Federal employees use mobile devices today, the challenges they face and the benefits they enjoy. More than half of Federal employees use at least one mobile device at work, according to CDW-G’s research, and many are using personal devices. The Bring Your Own Device (BYOD) trend is likely… Continue Reading

    Credit at times of stress: Latin American lessons from the global financial crisis

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    Credit at times of stress: Latin American lessons from the global financial crisis, by Carlos Montoro and Liliana Rojas-Suarez. BIS Working Papers No 370 “The financial systems in emerging market economies (EMEs) during the 2008-09 global financial crisis performed much better than in previous crisis episodes, albeit with significant differences across regions. For example, real… Continue Reading