Follow up to related postings on ATF’s Operation Fast and Furious program, see Fast and Furious: The Anatomy of a Failed Operation Part 2 of 3 – October 29, 2012 Chairman Darrell Issa: “The report discloses widespread management failures within the hierarchy of the Justice Department. The Justice Department has yet to evaluate these management… Continue Reading
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Monthly Archives: October 2012
Department of Labor – Highlights of Womens Earnings in 2011
Highlights of Womens Earnings in 2011, U.S. Department of Labor U.S. Bureau of Labor Statistics, October 2012, Report 1038 In 2011, women who were full-time wage and salary workers had median usual weekly earnings of $684, about 82 percent of median earnings for male full-time wage and salary workers ($832). In 1979, the first year… Continue Reading
Report – Need for a Sustainable Solution: Restoring the Balance In Safety Net Financing
“Hospitals and health systems that provide the bulk of care for societys most vulnerable people, such as the uninsured and Medicaid recipients, face a daunting challenge: steep cuts to federal support for uncompensated care and millions more uninsured patients than first projected under health care reform. Recent reports have focused largely on these two data… Continue Reading
A Review of Recent Research on Labor Supply Elasticities
A Review of Recent Research on Labor Supply Elasticities: Working Paper 2012-12, Robert McClelland and Shannon Mok: “This paper updates a review conducted by CBO in 1996 in which the agency evaluated the academic research on the effects of changes in after-tax wages on labor supply in the U.S. economy. That review concluded that substitution… Continue Reading
FDA Meningitis Investigation Continues
“FDA is advising medical professionals not to use products from a New England company being investigated in connection with a multistate meningitis outbreak.” “[October 26, 2012] the U.S. Food and Drug Administration released a copy of the FDA Form 483 issued to the New England Compounding Center (NECC). The FDA observed and has since confirmed… Continue Reading
2013 Army Weapon Systems Handbook
Via Steven Aftergood, Secrecy News: “The U.S. Army has just published the 2013 edition of its annual Weapon Systems Handbook, which is filled with updated information on dozens of weapon systems, the military contractors who produce them, and the foreign countries that purchase them…An appendix provides an informative breakdown of military industry contractors by weapon… Continue Reading
Federal Reserve Board announces annual indexing of reserve requirement exemption amount and of low reserve tranche for 2013
News release: “The Federal Reserve Board on October 25, 2012 announced the annual indexing of the reserve requirement exemption amount and of the low reserve tranche for 2013. These amounts are used in the calculation of reserve requirements of depository institutions. The Board also announced the annual indexing of the nonexempt deposit cutoff level and… Continue Reading
WSJ.com offers all readers free access on October 29, 2012
From live Hurricane Sandy storm updates to national and global financial news, all content on WSJ.com is open to non-subscribers October 29, 2012. Continue Reading
BEA – Personal income and outlays September 2012
Full news release and tables: “Personal income increased $48.1 billion, or 0.4 percent, and disposable personal income (DPI) increased $43.0 billion, or 0.4 percent, in September, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $87.9 billion, or 0.8 percent. In August, personal income increased $17.8 billion, or 0.1 percent, DPI increased… Continue Reading
National Economic Trends October 2012
National Economic Trends October 2012 – “This publication contains charts and tables compiled by the Data Desk staff of the Federal Reserve Bank of St. Louis. The data are related to the state of the U.S. economy: output, inflation, labor markets, interest rates, government budgets, international trade, and more.” Related postings on the financial system Continue Reading
NOAA – StormCentral 2012
NOAA – Latest news on Sandy Latest advisories from NOAA’s National Hurricane Center Satellite image Rainfall forecast graphics Tide and water level predictions NOAAs QuickLook report NOAA National Weather Service news Continue Reading
Unemployment Insurance: Payments, Overpayments and Unclaimed Benefits
Unemployment Insurance: Payments, Overpayments and Unclaimed Benefits, By David L. Fuller, B. Ravikumar and Yuzhe Zhang. Federal Reserve Bank of St. Louis. Overpayments in the U.S. unemployment insurance system have received increasing attention of late. For example, CNN.com cited a recent study by the Department of Labor in reporting that 11 percent of all unemployment… Continue Reading
