Latest Macroeconomics Stories

WASHINGTON, March 9, 2012 /PRNewswire-USNewswire/ -- Secretary of Labor Hilda L. Solis issued the following statement on the February 2012 Employment Situation report released today: "Our nation's labor market continued to register solid growth in the month of February. The economy added 233,000 private sector jobs last month, while the unemployment rate held steady at a three-year low of 8.3 percent. "We've had 24 straight months of private sector job growth, adding more...

TORONTO, March 6, 2012 /PRNewswire/ - The C.D. Howe Institute's Monetary Policy Council (MPC) today recommended that the Bank of Canada maintain its target for the overnight rate, the very short-term interest rate the Bank targets for monetary policy purposes, at 1.00 percent at its next announcement on March 8, 2012. Tension between concerns about inflation running above target domestically and fear of adverse events abroad led the group, on balance, to recommend that the...

NEW YORK, March 5, 2012 /PRNewswire/ -- Labor demand up 227,000 over the last 3 months Positive Sign: Supply/Demand rate dips below 3.0 NOTE: Seasonally adjusted data for the 52 largest Metropolitan Statistical Areas now available Online advertised vacancies rose 39,900 in February to 4,423,300, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series released today. The February rise follows gains in December 2011 and January 2012. The Supply/Demand rate...

NEW YORK, March 1, 2012 /PRNewswire/ -- While many polls have shown that large numbers of people want to reduce "government spending" and reduce the budget deficit, a new Harris Poll finds that only rather small minorities of the public want to cut most of the biggest federal government programs. Only 12% of the public want to see a cut in Social Security payments, 21% want to cut federal aid to education and 22% want to cut federal health care programs. The only programs of the...

Having a powerful member of congress could have unintended consequences for a state's economy, according to a study published today (February 28, 2012) in the Journal of Political Economy. Researchers from Harvard Business School found that when a member of a state's congressional delegation becomes chair of a powerful committee, that state sees a tremendous influx of government cash through earmarks and government contracts, as one might expect. But rather than stimulating private sector...

NEW BERLIN, Wis., Feb. 21, 2012 /PRNewswire/ -- International Monetary Systems Ltd. (OTCBB:ITNM) announced that the company has retained DME Capital LLC, a New York-based Investor Relations firm, to expand the Company's strategic investor relations program. John Strabley, CEO of International Monetary Systems Ltd. stated, "As we continue to grow and diversify our interests, I believe this is the right time to send our message to the investment community. After careful consideration,...

KYIV, Ukraine, February 16, 2012 /PRNewswire/ -- Since the beginning of the year the rate of registered unemployment in Ukraine has increased by 0.1 percent totaling 1.9 percent. At the same time the seasonally-adjusted unemployment rate for the euro area (17 countries) was 10.4 percent; the EU (27 countries) unemployment rate amounted to 9.9 percent (as of December 2011). As of February 1, 2012, Ukraine, the country of 45.6 million had 521 thousand people...

NEW YORK, Feb. 14, 2012 /PRNewswire/ -- The national law firm of Epstein Becker Green (EBG) today announced that it has launched a Wage & Hour Guide for Employers app that puts federal and state wage-hour laws at employers' fingertips. At a time when wage-hour litigation and agency investigations are at an all-time high, this app for iPhones and iPads offers an invaluable resource to help employers achieve their business objectives in compliance with federal and state wage-hour...

Artisan Business Group, Inc. is to host "The Midwest Conference on Foreign Investment" in St. Louis. A wide array of EB-5 investment and foreign direct investment experts will come together to share their knowledge with U.S. business professionals to explore attracting both FDI and EB-5 investments. Springfield, IL (PRWEB) February 12, 2012 Artisan Business Group, Inc. is to host “The Midwest Conference on Foreign Investment” which will be drawing U.S. companies, commercial...

In the news release, USW Statement on New Record U.S. Trade Deficit With China, issued 10-Feb-2012 by United Steelworkers (USW) over PR Newswire, we are advised by the organization that the last paragraph, last sentence, should read "Last year's U.S. trade deficit in auto parts with China reached $9.95 billion." rather than "Last year's U.S. trade deficit in auto parts with China reached $.5 billion." as originally issued inadvertently. The complete, corrected release follows: USW...