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Contrasting Economic Metrics: GDP and Employment Growth

first_imgHome / Daily Dose / Contrasting Economic Metrics: GDP and Employment Growth Related Articles The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago February 4, 2016 1,012 Views  Print This Post Employment GDP U.S. Economy 2016-02-04 Brian Honea About Author: Brian Honea Share Save Previous: Existing Homeowners Are Not Taking Advantage of Historically Low Rates Next: DS News Webcast: Friday 2/5/2016 Tagged with: Employment GDP U.S. Economy Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. in Daily Dose, Featured, Market Studies, News Demand Propels Home Prices Upward 2 days agocenter_img Contrasting Economic Metrics: GDP and Employment Growth The nation’s real GDP has grown at a slower rate in the last two years while employment numbers have grown at a faster rate relative to their historical records. While it may be too early to declare a trend, what will it mean if these two central measures of the economy continue on the paths they’ve taken the last two years?According to William Dupor, Assistant VP and Economist for the St. Louis Fed, it will mean that the nation has entered a decline in the number of technology-related jobs available.The GDP grew at an average yearly rate of 3.1 percent from 1987 to 2006, which is the 20-year period prior to the recession, while employment grew at a rate of 1.6 percent during that same period. In 2015, GDP growth is likely to finish the year at a rate of around 1.8 percent (the first estimate for Q4 released last week was 0.7 percent). Employment grew at a rate of 1.9 percent for 2015 compared to the projected 1.8 percent for GDP, with a similar pattern happening in 2014, according to Dupor.Among other things, the GDP includes consumer goods and services as well as the buildings and equipment companies use; therefore, Dupor said, “The overriding reason that real GDP grows faster than employment over longer horizons is technology. As technology improves over time, workers become more productive, generating more GDP per worker.”If the GDP and employment rates continue to grow at their respective anomalous rates from the last two years and do not return to the pre-recession growth pattern, Dupor says, “The most disheartening explanation might be that the economy has downshifted into a period of slow technological growth that could last for many years.”While the recent employment reports have been positive as far as the number of jobs created, wage growth has been stagnant—and wage growth has been cited by many economists as the key to increasing household formation and raising a homeownership rate which fell to a 48-year low in the second quarter of 2015.The Bureau of Labor Statistics reported in its December 2015 Employment Summary that wage growth still fails to dazzle, with average hourly earnings for all employees on private nonfarm payrolls in December down by 1 cent at $25.24. This came after a 5 cent increase in November. For the entire year of 2015, average hourly earnings rose by 2.5 percent.Paul Ashworth, Chief US Economist at Capital Economics. says that wage growth was the only disappointment in the BLS report, and “a meaningful pick-up in wage growth is still the missing piece of the puzzle in this recovery, but the survey evidence suggests it will arrive soon.” Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

IURC Nominating Committee Sends Three Candidates to Holcomb

first_imgThe Indiana Utility Regulatory Commission (IURC) Nominating Committee has submitted three nominees for consideration by Gov. Eric J. Holcomb for appointment to the Indiana Utility Regulatory Commission.Those three nominees are:Stefanie Krevda, IURC Executive Director of External AffairsMarcus Turner, IURC Principal Analyst of Water and Wastewater DivisionTristan Vance, Indiana Office of EnergyThe nominating committee interviewed seven candidates and nominated these three candidates to fill the current vacancy on the IURC created the expiration of Angela Weber’s term. Gov. Holcomb may select one of the three nominees to serve on the commission.Members of the nominating committee are Committee Chairman Allen Paul, Mike Micka, Paul Okeson, Bill Davis, Jeb Bardon, Greg Server and Jonathan Little.FacebookTwitterCopy LinkEmailSharelast_img read more

Sane double secures Champions League top spot for Man City

first_imgFILE PHOTOManchester, United Kingdom | AFP | Manchester City survived a sloppy start to secure top spot in Champions League Group F by coming from behind to beat Hoffenheim 2-1 thanks to Leroy Sane’s double on Wednesday.Andrej Kramaric’s penalty put the Germans deservedly in front on 16 minutes as another much-changed City side struggled to get up to speed.However, Pep Guardiola’s men found their feet as the first half wore on and were level just before the break courtesy of a brilliant Sane free-kick.Guardiola was frustrated by his side’s wastefulness in front of goal in the second period, but Sane did at least secure victory by converting Raheem Sterling’s pass on the hour mark.“We started flat because this team is so demanding in terms of how they attack the space, their physicality, they are stronger than us,” said Guardiola.“After that we created an incredible amount of chances, but the result is good.“We are in the best 16, now we are going to see the draw and especially try to arrive in the right moment.”City made life difficult for themselves in the group with a flat performance in losing at home to Lyon in their opening group game and were similarly caught cold having already secured their place in the last 16.Kramaric had fired a warning shot inches over before Ederson produced an incredible finger-tip stop to turn another curling effort from the Croatian behind.However, Kramaric’s luck was in third time round from the penalty spot after Aymeric Laporte was punished for hauling down Benjamin Hubner.All of City’s best efforts before the break came from set-pieces as Gabriel Jesus and Nicolas Otamendi struck the woodwork.– Sane screamer –But the hosts were finally level in spectacular fashion when Sane curled a free-kick into the top corner from 30 yards out. Hoffenheim needed to win just to have a chance of qualifying for the Europa League knockout stage in third, but in their desperation to chase a winner left themselves hopelessly exposed to the pace of Sane and Sterling after the break.“I don’t think three points sums up our position completely. We would have gone further if we had got the points we should have done,” said Hoffenheim boss Julian Nagelsmann, who will leave to join RB Leipzig next season.“As newcomers to this competition, we have learnt a lot, we have played well in the tournament and come back several times in games. We have done a lot for this club and hope there will be more of this in the future.”Sane was guilty of overplaying as City incredibly spurned a three-against-one when Sterling fed the German, who tried to tee up the surprised Bernardo Silva rather than going for goal himself and Baumann saved the Portuguese’s shot.“We are young. I have that feeling. The people in front are 21, 22 years old we need to be more calm in these positions,” added Guardiola.However, the City boss reserved special praise for 18-year-old Phil Foden on his first Champions League start of the season just days after signing a new five-and-a-half-year contract.“He is an amazing player. His mentality, he can score goals, he is a fighter, his control in tight positions, he is a master.“We didn’t have any doubts he is ready to play in a top level with us.”Sterling has been in the news for bravely speaking out about the alleged racist abuse he suffered in defeat at Chelsea on Saturday and news coverage he has received in the past.However, the England international showed little sign of letting it disrupt his fine form on the pitch as he teed up Sane to round Baumann and slot home the winner.Next up the competition favourites will face one of Atletico Madrid, Schalke, Ajax or Roma in Monday’s draw.Share on: WhatsApplast_img read more

Magical float revealed for Rose Parade

first_img The cornucopias will be made of ironed corn husks and golden flax, clover, millet and sesame seeds. Material for the fruit will include a variety of seeds and spices, red peppers, carrots, green mung beans, split peas and orange lentils. Palmdale officials view the float as a way to enhance city pride and are looking for residents to become involved with the project. The city is looking for 500 volunteers to help with decorating the float. Information about volunteering has been posted at the city’s Web site, cityofpalmdale.org, and sign-up sheets will be available at this weekend’s Fall Festival at Marie Kerr Park. “There are lots of opportunities to establish community involvement and to establish traditions for families,” said Mayor Jim Ledford. “We are going to get better at this every year. We want to see this as something that will carry on forever.” The city hired Fiesta Parade Floats, the same Pasadena company that designed and built the independently developed 2005 Antelope Valley float, to build the 2006 entry. City officials envision Palmdale being a regular participant in future parades. City officials plan to solicit sponsorships, which they envision ultimately underwriting the costs of future parade entries. Jim Skeen, (661) 267-5743 [email protected] 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! “He (Rodriguez) spent about two weeks working on it and came back with this magical drawing that we are very pleased with,” Biery said. Four women portraying fairies – named Lavender Moon, Willow Mist, Buttercup Breeze and Autumn Rose – will ride on the float. The float will be 35 feet long and will measure 20 feet tall at the fairy’s wingtips. The fairy’s wings, arms and her wand will be animated. The fairy’s skin will be made of walnut shell, white cornmeal and paprika. Her hair will be made of braided raffia. The costume will be covered in coconut macaroons and coconut flakes with accents of lunaria. The wings will be covered in purple dendrobium orchid florets, hot pink sinuata statice, yellow marigold and gold strawflower outlined with white sweet rice. PALMDALE – Overflowing cornucopias and a giant fairy with animated wings will be the key features of “A Magical Place to Call Home,” Palmdale’s float in the 2006 Tournament of Roses parade. City officials unveiled an artist’s concept on Friday for the $150,000 float, which is named to incorporate the parade’s 2006 theme, “It’s Magical,” with the city’s “A Place to Call Home” slogan. The fairy came from the fairy garden attraction at the city’s Fall Festival, which is celebrating its 20th anniversary this weekend. The cornucopias are symbolic of the city’s growth, not only in population, but in businesses, recreation and education opportunities, said Laura Biery, a city administrative analyst who is working on the float project. The float was designed by famed float designer Raul Rodriguez in collaboration with a Palmdale committee, Biery said. last_img read more

A Geocache 113 Million Years in the Making – Dinosaur Valley Earthcache (GCQMHY) – Geocache of the Week

first_img*experts at Geocaching HQShare with your Friends:More SharePrint RelatedGeoTour Azores (GT6F)November 13, 2018In “GeoTours”Pão de Açúcar — Geocache of the WeekApril 12, 2017In “Geocache of the Week”Råbjerg Mile – GC21787 – GEOCACHE OF THE WEEK – October 25, 2012October 25, 2012In “Community” Staring contest, you and me. Go. Photo by geocacher Indigo Parrish.Millions of years ago, a sea covered a large portion of the land that is now the United States. During this time, dinosaurs called Sauropods and Theropods roamed North Texas. Some experts* say they were geocaching, potentially looking for terrain five geocaches. These giant reptiles left footprints in the soft mud that have been preserved for millions of years. And until this documentary becomes a (terrifying) reality, finding the Dinosaur Valley Earthcache (GCQMHY) might be as close as we can get to living dinosaurs.Mrs. Scattermycaches excited to be at the park’s entrance.The dino footprints that you’ll see while you’re in the park were made about 113 million years ago during the Cretaceous period. The tracks were discovered in the early 1900s, however they did not become famous until 1937 when palentologist R.T. Bird saw them while collecting fossils. Bird continued exploring the Paluxy River looking for more prints and eventually uncovered a large Sauropod and Theropod trackway.As you follow in the footsteps of these dinosaurs, you might be wondering what these beasts looked like. The three-toed footprints are most likely from Acrocanthosaurus, a smaller relative of T-Rex. These meat-eating, giant lizards were about 20–30 feet long.Discovering Theropod tracks. Photo by geocacher Silver Fox 62The round and smaller hoof-like footprints come from Sauropods. This group of dinosaurs are large plant-eaters that walked on all fours. Bones found in 1996 led to the discovery that the tracks belonged to a new species of dinosaur: Paluxysaurus jonesi. At 60–70 feet long and 12 feet tall, these giants became the official dinosaur of Texas in 2009.To earn your smiley for this Earthcache, you’ll have to answer a few dino-related questions. Although the questions aren’t easy to answer, that hasn’t deterred geocachers from experiencing this amazing place. “We love Earth caches for the education that they provide, and this one was no exception. It was amazing to walk in the same footsteps as the dinosaurs!” said geocacher BANDA in their log.These amazing tracks were discovered by someone searching in the woods. What’s the most amazing (and appropriate) thing you’ve discovered while searching for a geocache? Tell us in the comments.Continue to explore some of the most engaging geocaches around the globe. Check out all the Geocaches of the Week on the Geocaching blog or view the Bookmark List on Geocaching.com.If you would like to nominate a Geocache of the Week, send an email with your name, comments, the name of the geocache, and the GC code to [email protected]last_img read more

10 months agoLiverpool defender van Dijk lauds Shaqiri: He’s become our game-changer

first_imgAbout the authorFreddie TaylorShare the loveHave your say Liverpool defender van Dijk lauds Shaqiri: He’s become our game-changerby Freddie Taylor10 months agoSend to a friendShare the loveXherdan Shaqiri has become Liverpool’s game-changer, according to his teammate Virgil van Dijk.The Swiss came off the bench to score two goals in the Reds’ 3-1 win over Manchester United at Anfield on Sunday.”You can concede and it happened,” van Dijk told the club’s website. “The thing then was to bounce back and make sure we kept pushing, putting the pressure on them and being patient.”That’s what we did and in the end, big Shaq came on and did the job for us.”He is a fantastic player. He showed it since the first game against Manchester United in America [in pre-season]. He is something different and sometimes that’s a game-changer.” last_img read more

Videos: Todd Gurley, Mark Richt, Ludacris and Paula Deen All Wished Georgia Good Luck

first_imgTodd Gurley celebrating a touchdown for Georgia.ATHENS, GA – NOVEMBER 9: Todd Gurley #3 of the Georgia Bulldogs celebrates after scoring a touchdown against the Appalachian State Mountaineers at Sanford Stadium on November 9, 2013 in Athens, Georgia. (Photo by Scott Cunningham/Getty Images)No. 10 seed Georgia is set to take on seventh-seeded Michigan State Friday afternoon in the opening round of the East region. Yesterday, the Bulldogs received good luck messages from Samuel L. Jackson and country singer Luke Bryan via Twitter videos. Today, some more Georgia fans got in on the act, and it was a star-studded crew.Georgia football coach Mark Richt and his wife, star UGa running back Todd Gurley, rap artist Ludacris, country singer Jason Aldean and celebrity chef Paula Deen all offered their best wishes for their Bulldogs. Deen got her sons involved, and Georgia hoops head coach Mark Fox even shouted out Ludacris’ upcoming album on Twitter. Take a look:The Dawgs are Dancing, and so is the DawgNation! @MarkRicht pic.twitter.com/78K8kTtzRr— Mark Fox (@coachmarkfox) March 16, 2015The Dawgs are Dancing, and so is the DawgNation! Todd Gurley @TG3II pic.twitter.com/RAI9mhrITm— Mark Fox (@coachmarkfox) March 17, 2015The Dawgs are Dancing, and so is the DawgNation! @Ludacris Ludaversal album avail 3/31 pic.twitter.com/jHDWsXMPVM— Mark Fox (@coachmarkfox) March 17, 2015The Dawgs are Dancing, and so is the DawgNation! @Jason_Aldean pic.twitter.com/z0TEeSsTSL— Mark Fox (@coachmarkfox) March 16, 2015The Dawgs are Dancing, and so is the DawgNation! @Paula_Deen & sons pic.twitter.com/q10bPyIkeG— Mark Fox (@coachmarkfox) March 17, 2015March Madness is awesome. Can’t wait to see what other celebrity supporters Georgia hoops has.last_img read more

Pikeville Walmart Has An Incredible Kentucky 36-0 Soda Display

first_imgPikeville Walmart's amazing Kentucky 36-0 soda display.The Kentucky Wildcats are the first 36-0 team in college basketball history, and everyone in the state – including one grocery store owner – is trying to get in on the action. The Pikeville Walmart apparently has an incredible Kentucky soda display, complete with the team’s record. In the below photo, taken by a Wildcats fan named Brian Daniels, UK’s logo is made out of Sprite Zero cases, while the W/L columns are made out of Coke Zero cases. Diet Coke cases provide the backdrop. It’s well done.Pikeville Walmart yesterday! @ACassady_KSR @KySportsRadio pic.twitter.com/uwzopMhX6W— Brian Daniels (@bdanie01) March 22, 2015Kentucky will take on the winner of Maryland vs. West Virginia next week in the Sweet 16.last_img

Video: Watch This Sneak Preview Of Ohio State’s “Scarlet and Gray Days” Big Ten Network Show

first_imgUrban Meyer talks to a group of players.Ohio State Scarlet and Gray DaysUpdate: We’ve got another Scarlet and Gray Days preview to show you. This one features Braxton Miller, wide receiver. Like what you see, @OhioStAthletics fans? Don’t miss “Scarlet & Gray Days” at 7 p.m. ET Wednesday. #InsideOSU http://t.co/CYarPB7qKE— Big Ten Network (@BigTenNetwork) August 18, 2015Earlier: The Ohio State football program is the subject of a new Big Ten Network show that’s focusing on the Buckeyes’ 2015 training camp. The show, Scarlet and Gray Days, is set to debut Wednesday at 7 p.m. E.T. on BTN. Thanks to Land Grant Holy Land, we’ve gotten a sneak peek at one of the scenes from the first show. In this scene, Urban Meyer is addressing his players. “We will not go into Game 1 in Blacksburg, Va., not nine strong,” he says. Urban Meyer: “We will not go into Game 1 in Blacksburg, VA not ‘nine strong’ … That’s absolutely not negotiable.” http://t.co/y39urFk7T6— Land-Grant Holy Land (@Landgrant33) August 17, 2015Ready for the fall, Buckeye fans? Ohio State opens its season Sept. 7 against Virginia Tech at 8 p.m. E.T. The game will be televised on ESPN.last_img read more

Report: No Player At February’s NFL Combine Failed Drug Test

first_imgAdam Schefter sits in front of his book case during ESPN appearance.SchefterVirtually every year during the NFL Draft process, a few high-profile prospects fail drug tests from February’s combine. That is, until 2016. According to ESPN’s Adam Schefter, not one player tested positive at this year’s event in Indianapolis, something that is almost unprecedented.For the first time in recent memory, NFL has notified all 32 teams that no player tested positive at February combine, per league sources.— Adam Schefter (@AdamSchefter) April 25, 2016No matter where you fall on the subject of recreational drug use, most would hope that a player can avoid failing a test that they know is coming at the combine. Almost every draft class has a few players fail and see their stock suffer, so congratulations to the class of 2016 for bucking that trend.last_img read more

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