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Monthly Archives: August 2012

Gross job gains decreased in fourth quarter 2011, while gross job losses increased

Business Employment Dynamics Summary – Fourth Quarter 2011: “From September to December 2011 gross job gains from opening and expanding private sector establishments were 6.9 million, a decrease of 204,000 from the previous quarter, the U.S. Bureau of Labor Statistics reported today. Over this period, gross job losses from closing and contracting private sector establishments… Continue Reading

Comparing Compensation for Federal and Private-Sector Workers: An Overview

CRS – Comparing Compensation for Federal and Private-Sector Workers: An Overview – David H. Bradley, Specialist in Labor Economics – July 30, 2012 “Of the five studies under review, one reports an overall average wage penalty for federal workers (PPA), one reports neither an overall average wage premium nor a penalty for federal workers, and… Continue Reading

New GAO Reports – National Defense, Federal Buildings Fund, Federal Fleets, Interagency Acquisitions, Secure Communities

National Defense – Cancellation of the Army’s Autonomous Navigation System, GAO-12-851R, August 2, 2012 Federal Buildings Fund – Improved Transparency and Long-term Plan Needed to Clarify Capital Funding Priorities, GAO-12-646, July 12, 2012 Federal Fleets – Overall Increase in Number of Vehicles Masks That Some Agencies Decreased Their Fleets, GAO-12-780, August 2, 2012 Iraq and… Continue Reading

CRS – Changes in the Arctic: Background and Issues for Congress

Changes in the Arctic: Background and Issues for Congress – Ronald O’Rourke, Coordinator, Specialist in Naval Affairs, August 1, 2012 “The five Arctic coastal states—the United States, Canada, Russia, Norway, and Denmark (of which Greenland is a territory)—are in the process of preparing Arctic territorial claims for submission to the Commission on the Limits of… Continue Reading

Forecasts for the UK economy: a comparison of independent forecasts

Forecasts for the UK economy: a comparison of independent forecasts, July 2012. Compiled by the Macroeconomic Prospects Team, HM Treasury: “This edition of the comparison contains 25 new forecasts, all of which were received between July 2nd and July 11th 2012. The tables below summarise the average and range of independent forecasts for 2012 and… Continue Reading

Report – 2012 Election Will Be Costliest Yet, With Outside Spending a Wild Card

“The 2012 presidential and congressional elections will be the most expensive on record, the nonpartisan Center for Responsive Politics estimates – though not by much. The Center predicts, based on data from 18 months of fundraising and spending, that the elections will cost $5.8 billion, an increase of 7 percent from the 2008 cost of… Continue Reading

Reforming Wall Street, Protecting Main Street: An Update on Wall Street Reform

“Two years ago [July 2010], President Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection Act – the most significant set of financial reforms since the Great Depression. The landmark law is designed to help protect Americans from the excessive risk, fragmented oversight, and poor consumer protections that played leading roles in bringing about… Continue Reading

Federal Sector Report – Best Places to Work Snapshot: Achieving a Culture of Innovation

“Given today’s budgetary constraints, federal employees and their agencies are being asked to deliver more with fewer resources, and this means that innovation will be a critical factor for achieving improved performance. Is our federal government innovative? Which agencies are innovating and which are struggling? To gain insight into how the government and its employees… Continue Reading

Twitter Launches new barometer for the election

Twitter Blog: “One glance at the numbers, and it’s easy to see why pundits are already calling 2012 “the Twitter election.” More Tweets are sent every two days today than had ever been sent prior to Election Day 2008 — and Election Day 2008’s Tweet volume represents only about six minutes of Tweets today. All… Continue Reading

FRASER Digital Library Adds Marriner S. Eccles Document Collection

Katrina Stierholz – Federal Reserve Bank of St. Louis: FRASER, “a digital library dedicated to preserving the nation’s economic history, recently added the Marriner S. Eccles Document Collection. The new collection provides access to nearly 10,000 documents from the archival collection housed by the University of Utah. Eccles served as Chairman (1934-48) and member (1948-51)… Continue Reading

FTC Seeks Comments on Additional Proposed Revisions to Children's Online Privacy Protection Rule

News release: “The Federal Trade Commission is publishing a Federal Register Notice seeking public comments on additional proposed modifications to the Children’s Online Privacy Protection Rule. In updating the Rule to keep current with technology advances, in September 2011, the FTC issued a Notice of Proposed Rulemaking seeking comment on proposed changes to the Commission’s… Continue Reading