Washington, DC…Nonfarm payroll employment rose by 223,000 in June, and the unemployment rate declined to 5.3 percent. Employment increased in professional and business services, health care, retail trade, financial activities, and in transportation and warehousing. Incorporating revisions for April and May, which decreased nonfarm employment by 60,000, monthly job gains have averaged 221,000 over the […]
Sacramento, CA…The California State Board of Equalization (BOE) announces the state excise tax on gasoline will drop by six cents per gallon on July 1, 2015. This will lower the excise tax rate from 36 cents to 30 cents per gallon. “The lower rate is welcome news for overtaxed Californians who pay higher gas costs […]
Washington, DC…U.S. Secretary of Labor Thomas E. Perez issued the following statement about the December 2014 Employment Situation report released today: “The U.S. economy closed out the year on a continued hot streak – 252,000 new jobs, with the unemployment rate falling to 5.6 percent. December was the 58th consecutive month of private sector job […]
Washington, DC…(Dec.17) A 131-count criminal indictment was unsealed today in Boston in connection with the 2012 nationwide fungal meningitis outbreak, the Justice Department announced. Barry J. Cadden, owner and head pharmacist of New England Compounding Center (NECC) and NECC’s supervisory pharmacist Glenn A. Chin were charged with 25 acts of second-degree murder in Florida, Indiana, […]
Brisbane, AU…The G20 meetings have wrapped up and the world leaders representing 85-90% of the world’s economic output are jetting home. Since official communication has to be vetted by many parties the releases on various topics will always be quite bland from summits such as this. Behind the wording of the beige pronouncements was real […]
Washington, DC…The Postal Service kicked off the holiday shipping season today by announcing that it will be delivering packages seven days a week in major cities and high volume areas starting Nov. 17 through Christmas Day in response to expected double-digit package volume growth. smiles“The Postal Service will be out making deliveries every single day […]
GROTON, Conn. (NNS) — USS North Dakota (SSN 784) officially became the Navy’s newest addition to the submarine force following a commissioning ceremony held Oct. 25, at Naval Submarine Base New London. North Dakota is the 11th Virginia-class attack submarine to join the fleet, and the first of eight Block III Virginia-class submarines to be […]
Washington, DC….After a modest decline last month, existing-home sales bounced back in September to their highest annual pace of the year, according to the National Association of Realtors®. All major regions except for the Midwest experienced gains in September. Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased […]
Washington, DC…THE PRESIDENT: Hello, everybody, hello! (Applause.) Thank you so much. Everybody, please have a seat. Welcome to the White House. The executive order I’ll sign in a few minutes is one that’s good for workers, it’s good for responsible employers, and it’s good for the middle class. That explains the folks who are standing […]
Sacramento, CA – President Obama signed the Workforce Innovation and Opportunity Act (WIOA), H.R. 803, to reauthorize and modernize the Workforce Investment Act (WIA) of 1998. The WIA was enacted to serve as the nation’s employment and job training program by providing federal funding to states for job training, education, and employment services for unemployed and […]
