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Daily Archives: July 5, 2012

BLS Employment Situation Summary June 2012

News release: “Nonfarm payroll employment continued to edge up in June (+80,000), and the unemployment rate was unchanged at 8.2 percent, the U.S. Bureau of Labor Statistics reported today. Professional and business services added jobs, and employment in other major industries changed little over the month. Household Survey Data: The number of unemployed persons (12.7 million) was essentially unchanged in June, and the unemployment rate held at 8.2 percent. Among the major worker groups, the unemployment rate for blacks (14.4 percent) edged up over the month, while the rates for adult men (7.8 percent), adult women (7.4 percent), teenagers (23.7 percent), whites (7.4 percent), and Hispanics (11.0 percent) showed little or no change. The jobless rate for Asians was 6.3 percent in June (not seasonally adjusted), little changed from a year earlier.”

  • Related postings on financial system
  • New GAO Reports – Appraised Values on Tax Returns, Foreclosure Review

    U.S. Merchant Marine Academy – Additional Actions Needed to Establish Effective Internal Control, GAO-12-369, July 6, 2012 Appraised Values on Tax Returns – Burdens on Taxpayers Could Be Reduced and Selected Practices Improved, GAO-12-608, June 5, 2012 Foreclosure Review – Opportunities Exist to Further Enhance Borrower Outreach Efforts, GAO-12-776, June 29, 2012 Continue Reading

    Pew – The Future of Corporate Responsibility

    The Future of Corporate Responsibility – by Janna Anderson, Lee Rainie. July 5, 2012: “Experts are divided about the role Western technology companies will play in helping monitor and thwart dissident activity in the future. Some hope the open Internet and the prospect of consumer backlash will minimize businesses’ cooperation with authoritarian governments; others believe… Continue Reading

    N.J. Supreme Court – Records related to cases at public law school clinics are not subject to Open Public Records Act

    Chronicle of Higher Education, Peter Schmidt: “The New Jersey State Supreme Court has held that the state’s open-records law does not require a Rutgers University legal clinic to relinquish client files, handing a major victory to higher-education associations, which warned that an inability to maintain attorney-client privilege would badly damage the nation’s public law schools.… Continue Reading

    Issa Releases Report – Countrywide VIP Program focussing on use of discounted loans to advance business, lobbying goals

    News release: “House Oversight and Government Reform Committee Chairman Darrell Issa today released a new report following the Committee’s three year investigation into Countrywide Financial’s “Friends of Angelo” and “VIP Program” that issued discounted mortgages to influential Washington policy figures. The report finds that Countrywide used its VIP Program to aid its lobbying efforts as… Continue Reading

    Monitoring indicators for intraday liquidity management – consultative document

    “Intraday liquidity can be defined as funds that are accessible during the business day, usually to enable financial institutions to make payments in real time. The Basel Committee’s proposed Monitoring indicators for intraday liquidity management [July 2, 2012] are intended to allow banking supervisors to monitor a bank’s intraday liquidity risk management. Over time, the… Continue Reading

    SOI-Tax Stats-Top 400 Individual Income Tax Returns with the Largest Adjusted Gross Incomes

    SOI-Tax Stats-Top 400 Individual Income Tax Returns with the Largest Adjusted Gross Incomes “This release contains four tables which contain information from the Top 400 Individual Income Tax Returns for each of Tax Years 1992 through 2009. Table 1 contains frequencies, money amounts, and average dollar amounts for the major income, deduction, and tax credits… Continue Reading

    Paper – Information “Lost and Found” – new models for library reference service

    Information “Lost and Found” – new models for library reference service, Rauha Maarno, Editor-in-Chief for the HelMet Web Library, Helsink, Finland “The paper discusses the transformation of library reference service in the context of public libraries: from information repository to knowledge platform. The subject is approached with everyday experiences from the Helsinki City Library’s web… Continue Reading