Unemployment rate up, jobs down

first_imgUNEMPLOYMENT EDGES UP SLIGHTLY TO 4.8% IN JULY, VERMONT’S ANNUAL JOB SLIPS DOWN 0.1%.Montpelier (August 15, 2008)– The Vermont Department of Labor announced today that the seasonally adjusted unemployment rate for July 2008 was 4.8 percent, up one-tenth of a point from the revised June rate of 4.7% and up one point from a year ago.”National economic conditions continue to make job growth a challenge in the short-term,” said Patricia Moulton Powden, Commissioner of the Vermont Department of Labor. “This is showing up in our own labor market as a slight increase in unemployment coupled with a small decline in job growth.”Vermont’s observed seasonally adjusted monthly changes in employment, unemployment and unemployment rate are not statistically different from June values. For comparison purposes, the US seasonally adjusted unemployment rate for July was 5.7 percent, up two-tenths of a point from June 2008. Unemployment rates for Vermont’s 17 labor market areas ranged from 2.9 percent in Hartford to 6.0 percent in Newport. Local labor market area unemployment rates are not seasonally adjusted. For comparison, the unadjusted unemployment rate for Vermont was 4.5 percent, down two-tenths of a point from June 2008 and up eight-tenths of a point from a year ago.Jobs Data (Vermont’s job count estimates are produced from a statewide survey of business establishments conducted under the Current Employment Survey (CES) – a cooperative effort with the US Department of Labor, Bureau of Labor Statistics.)Seasonally adjusted job levels fell by 1,200 or -0.4% over June, and by -700 or -0.2% over the year. Much of the decline came as a result of a larger than expected fall in Local Government jobs – mostly education, (-600 or -2.0% over the month) and Construction jobs, (-400 or -2.8% over the month). However, sixteen out of the twenty-three seasonally adjusted series we measure showed declines or no growth in jobs. An important exception was Private Educational Services which grew by 700 jobs or 5.5% over the month.Before seasonal adjustment, Total Non-Farm jobs fell seasonally by -8,650 jobs or -2.8% from June to July – again driven by Local Government Education which shed 9,600 jobs for the summer. More importantly, annual unadjusted job growth was down -300 jobs or -0.1%. Seasonal job gains were seen in Construction (+150 / 0.8%), but the segment remains in decline showing a 650 job annual loss or -3.5%. Similarly, Retail Trade jobs grew by 100 in July, but still fell short of last year by 250 jobs or -0.6%. Leisure and Hospitality sector grew by 1,400 jobs or 4.2% in July, leaving the sector unchanged over the year.-30-last_img read more

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Weekly unemployment claims slip again after Irene

first_img       Changes From Total Labor Force359,800359,800360,0000-200   Employment338,800339,300338,400-500400   Unemployment21,10020,50021,600600-500   Rate (%)5.95.76.00.2-0.1Vermont’s labor force, employment and unemployment statistics are produced from a combination of a Statewide survey of households and statistical modeling.  The data are produced by the Local Area Unemployment Statistics Program (LAUS) a cooperative program with the US Department of Labor, Bureau of Labor Statistics and the Vermont Department of Labor. There were 572 new regular benefit claims for Unemployment Insurance last week. This is a decrease of 36 from the week before, as new claims fell for the thrid consecutive week following a two-week spike in claims resulting from Tropical Storm Irene. The week prior to the storm saw a seasonal low of fewer than 500 claims. Altogether 5,787 new and continuing claims were filed, a decrease of 194 from a week ago and 1,475 fewer than a year earlier. The Department also processed 1,412 First Tier claims for benefits under Emergency Unemployment Compensation, 2008 (EUC08), 31 fewer than a week ago. In addition, there were 722 Second Tier claims for benefits processed under the EUC08 program, which is 5 fewer than the week before. The Unemployment Weekly Report can be found at: http://www.vtlmi.info/(link is external). Previously released Unemployment Weekly Reports and other UI reports can be found at: http://www.vtlmi.info/lmipub.htm#uc(link is external)  Vermont’s unemployment rate increased two-tenths in August to 5.9 percent. See story HERE.    August2011July2011August2010July2011August2010 Vermont Labor Force Statistics (Seasonally Adjusted)last_img read more

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Trail Mix: Rain Perry

first_imgIncome streams are dwindling. Record sales aren’t what they used to be. The devaluation of music and what it’s now deemed to be worth is laughable to me. My single costs 99 cents. That’s what one cost in 1960. On my phone, I can get an app for 99 cents that makes fart noises – the same price as the thing I create and speak to the world with. Some would say the fart app is more important. It’s an awkward time. Creative brains are being sorely mistreated. Those words were spoken by Vince Gill in 2012 during an interview with The Boot, during which Gill offered opinions on a variety of concerns regarding the modern country music scene.Gill’s words immediately came to mind when I got word of Rain Perry’s documentary, The Shopkeeper, which chronicles the story of a record studio and cadre of independent musicians in Austin, Texas. First and foremost, first time movie make Perry is a musician, so the subject matter of the film – the often conflicting goals and needs of musicians versus those of the technology industry – hits particularly close to home for her. She has seen first hand the effects – both positive and negative – that the always evolving technological innovation can have on her life and livelihood.What began as a small idea evolved into a poignant and relevant documentary on the struggles of everyday musicians around the country.I recently caught up with Rain Perry about balancing technology with musical tradition, making the movie, and where she goes from here.BRO – What drew you to the story of Mark Hallman?RP – Mark is my own record producer. We’ve done three albums together. He and I were talkign about his plans to celebrate 30-plus years of his studio, Congress House, which evolved into the idea of filming the party. Somehow, that morphed into me making a documentary about him and his studio.BRO – Your biggest challenge as a first time movie maker?RP – Not being a movie maker! When the idea was brewing, I reached out to a talented filmmaker friend, Micah Van Hove, who had directed a music video for me and with whom I had a good working relationship. He became my director of photography and also my own personal film school. We made the movie as a crew of two, which worked very well for a film about a small recording studio. No lighting, no big crew. Just Michael and his shoulder-mounted camera and me asking questions. Also, I just watched a ton of documentaries and studied the best ones for structure and interviewing technique. It was definitely a “learn while you go” situation.BRO – How do you think we should balance the ever changing technological landscape with the real time effects it has on the working musician?RP – First of all, artists should educate themselves. Spotify and the rest of these online platforms have done a masterful job with two things that work against artists. First, they’ve taught a generation of music fans that they have a right to expect access to every song they want to hear and that paying for music is silly. Second, they’ve convinced musicians that they’ve got to be on Spotify to have a career these days. Musicians need to evaluate the pros and cons of allowing Spotify to profit from their work and make strategic decisions for their own careers. It doesn’t need to be a given that they have to make all their own work available for free (or nearly free) streaming.BRO – When you finished this project, would you describe yourself as more hopeful or more worried for the independent musician?RP – I would say I was more hopeful. Every time I would get to a dark place on the topic, Mark would force me to be more optimistic. He sees a lot of good in the current model, that because they don’t expect to profit, artists are freer to make the art they really want to make, instead of chasing a label deal.BRO – Now that you’ve completed your first film, what’s next?RP – It’s time to get busy writing songs for a new record. That and promoting the film and using it to spur conversations like the one we’re having right now.For more information on how to see The Shopkeeper, surf here. You can check it out at home or attend a community screening near you, and feel free to offer up a financial donation for the cause.last_img read more

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Atletico come back to beat Lopetegui’s Real Madrid in Super Cup

first_imgAtletico Madrid’s Spanish forward Diego Costa (C) holds the trophy as he celebrates with teammates after winning the UEFA Super Cup football match Atletico de Madrid vs Real Madrid CF at the Lillekula Stadium in Tallinn, Estonia, on August 15, 2018. / AFP PHOTO / Raigo PAJULASaul Niguez and Koke scored in extra time as Atletico Madrid fought back to beat city rivals Real Madrid 4-2 and win the UEFA Super Cup in Tallinn on Wednesday, as Julen Lopetegui got off to a losing start with the European champions.Real had earlier looked set to win the trophy in their first competitive game since the departures of Cristiano Ronaldo and coach Zinedine Zidane when a Sergio Ramos penalty put them 2-1 up in the second half.ADVERTISEMENT In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ Real had won the trophy under Zidane in each of the last two years, and emerged victorious against their neighbours in the Champions League finals of 2014 and 2016.But this result comes after a close season in which Atletico have strengthened while Real look to have gone backwards, with no replacement signed for Ronaldo after his move to Juventus.Griezmann starts, Modric on benchGriezmann started for Atletico at the compact Lillekula Stadium, fresh from helping France to World Cup glory last month.In contrast, former Spain coach Lopetegui left Luka Modric on the Real bench at kick-off, seeking to ease the Croatian playmaker back after he led his country to the World Cup final.ADVERTISEMENT Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew ‘High crimes and misdemeanors’: Trump impeachment trial begins Nadine Lustre’s phone stolen in Brazil SEA Games 2019: Rubilen Amit finally beats Chezka Centeno for 9-ball gold (HIGHLIGHTS) PLAY LIST 05:05SEA Games 2019: Rubilen Amit finally beats Chezka Centeno for 9-ball gold (HIGHLIGHTS)00:50Trending Articles00:50Trending Articles02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award MOST READ LATEST STORIES Don’t miss out on the latest news and information. Gov’t in no rush to rescue animals in Taalcenter_img Sports Related Videospowered by AdSparcRead Next China hits ground running for 2022 Olympics Judy Ann’s 1st project for 2020 is giving her a ‘stomachache’ Palace OKs total deployment ban on Kuwait OFWs Peza offers relief to ecozone firms DepEd’s Taal challenge: 30K students displaced Goalkeeper Thibaut Courtois did not feature at all following his recent arrival from Chelsea, while nine of Real’s starting line-up also started May’s Champions League final win over Liverpool in Kiev.Atletico also had France winger Thomas Lemar making his competitive debut following his 72 million-euro ($84 million) move from Monaco, and they took the lead after just 49 seconds.With Simeone watching from the stands as he serves a touchline ban, Costa met Diego Godin’s long ball forward with his back to goal and nodded it over Ramos before turning to burst through and rifle a shot home from a tight angle.It was a superb finish, but Real were level just before the half-hour via a combination of the two men expected to step up following Ronaldo’s departure.Gareth Bale delivered a cross from the right and Benzema headed past Jan Oblak at the far post.Lopetegui sent on Modric for Marco Asensio just before the hour mark and Real took the lead shortly after, Ramos scoring a 63rd-minute penalty awarded for a Juanfran handball.It looked like that would win it, yet Atletico showed great resolve to level the scores again in the 79th minute as Juanfran and substitute Angel Correa combined to set up Costa to stab home.Into extra time they went, and Atletico went ahead again in the 98th minute, Thomas Partey pressing to win back possession before holding up a cross for Saul to thump a superb left-foot volley past Keylor Navas from 17 yards.The powerful Costa and substitute Vitolo then set up Koke to make it 4-2, securing victory and giving Atletico their seventh trophy since Simeone took charge in late 2011.Now they will hope to push Barcelona and Real all the way in La Liga, with their opening game at Valencia on Monday, after Lopetegui’s side host Getafe on Sunday. View comments That came after Karim Benzema cancelled out Diego Costa’s first-minute opener in the Estonian capital, but Costa hauled Diego Simeone’s side level again late on to force extra time.Simeone’s men then looked stronger in the extra period as they won this competition, the annual meeting of the Champions League and Europa League winners, for the third time in nine seasons.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSTim Cone still willing to coach Gilas but admits decision won’t be ‘simple yes or no’“I stayed at Atletico because the project is a good one. I have confidence in this club, in the coach and I saw tonight that I was not mistaken,” said Atletico striker Antoine Griezmann who was linked with a move to Barcelona in the summer.Atletico defender Lucas Hernandez added: “To win this trophy is something great but to do it against our eternal rival is even better.”last_img read more

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FCPA Professor Turns 9

first_imgIn 2009, I launched FCPA Professor with this simple mission statement.Nine years and 2,500+ posts later, FCPA Professor is still here and the mission remains the same.What started out in 2009 as a “blog” has turned into a comprehensive website that has been described as “the Wall Street Journal concerning all things FCPA-related,” and “the most authoritative source for those seeking to understand and apply the FCPA.” Along the way, FCPA Professor has been named a Top Law Blog for in-house counsel by Corporate Counsel, a Top 25 Business Law Blog by LexisNexis, and a top 100 Legal Blog by the American Bar Association.Other FCPA information sources often regurgitate what the DOJ or SEC say or serve as proxies for marketing legal and compliance services. FCPA Professor asks the questions that yield a more sophisticated understanding of the FCPA’s modern era. Other FCPA information sources spin narratives with seemingly little regard to actual facts. FCPA Professor publishes real news and real commentary backed by real statistics written by an individual with real FCPA experience.Doing anything every day for nine years straight has its ups and downs and the surprises, rewards and struggles remain the same as those described in this previous anniversary post.Running FCPA Professor takes time, money, and substantial effort, yet the content on FCPA Professor is provided free to readers (hundreds of thousands of readers each year from around the world). If I may ask one thing of readers on this occasion, it is to make this “relationship” more of a two-way street.Thus, if FCPA Professor adds value to your practice or business or otherwise enlightens your day and causes you to contemplate the issues in a more sophisticated way, please consider a donation to FCPA Professor to help celebrate this 9th anniversary.  Yearly subscriptions to other legal publications or sources of information can serve as an appropriate guide for a donation amount.last_img read more

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