Copyright © 2010 Exclusive Economy. All Rights Reserved. Snowblind by Themes by bavotasan.com. Powered by WordPress.
U.S Market
The Department of Labor reports unemployment (initial claims) statistics as follows.
“In the week ending June 19, the advance figure for seasonally adjusted initial claims was 457,000, a decrease of 19,000 from the previous week’s revised figure of 476,000. The 4-week moving average was 462,750, a decrease of 1,500 from the previous week’s revised average of 464,250.”
These figures are still high and continued job losses may still be on the horizon.
Print Continue Reading »
Check out this info graph comparing California to the world’s other economies. California alone is the world’s 8th largest economy.
Print Continue Reading »From the Bureau of Labor Statistics:Total nonfarm payroll employment grew by 431,000 in May, reflecting the hiring of 411,000 temporary employees to work on Census 2010, the U.S. Bureau of Labor Statistics reported today… The unemployment rate edged down to 9.7 percent.
The job market will remain sluggish for 2010! Companies for the last two years have downsized to an efficient operating workforce, therefore without demand, hiring will remain flat.
Apple has dethroned Microsoft. Apple is the world largest tech company by $3 billion dollars!
From the New York Times:
“As of Wednesday, Wall Street valued Apple at $222.12 billion and Microsoft at $219.18 billion. The only American company valued higher is Exxon Mobil, with a market capitalization of $278.64 billion.
The revenue of the two companies are comparable, with Microsoft at $58.4 billion and Apple at $42.9 billion. Microsoft is sitting on more cash and short-term investments, $39.7 billion, to Apple’s $23.1 billion, which makes the value assigned by the market to Apple — essentially a bet on its future prospects — all the more remarkable.”
Print Continue Reading »
The Department of Labor reports unemployment (initial claims) statistics as follows.
“In the week ending May 15, the advance figure for seasonally adjusted initial claims was 471,000, an increase of 25,000 from the previous week’s revised figure of 446,000. The 4-week moving average was 453,500, an increase of 3,000 from the previous week’s unrevised average of 450,500.”
These figures are still high and continued job losses may still be on the horizon.
Print Continue Reading »
Check out this chart below, it shows the National Debt as a percentage of GDP. It doesn’t matter which presidents you like or don’t like, but data doesn’t lie. Many critics assume that deficits were created on January 20th, 2009!
Source: zFacts.com
Print Continue Reading »
The Department of Labor reports unemployment (initial claims) statistics as follows.
“IIn the week ending May 8, the advance figure for seasonally adjusted initial claims was 444,000, a decrease of 4,000 from the previous week’s revised figure of 448,000. The 4-week moving average was 450,500, a decrease of 9,000 from the previous week’s revised average of 459,500.”
These figures are still high and continued job losses may still be on the horizon.
Print Continue Reading »
U.S. Census Bureau Release:
The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that total March exports of $147.9 billion and imports of $188.3 billion resulted in a goods and services deficit of $40.4 billion, up from $39.4 billion in February, revised. March exports were $4.6 billion more than February exports of $143.3 billion. March imports were $5.6 billion more than February imports of $182.7 billion.
From the Bureau of Labor Statistics:
Nonfarm payroll employment rose by 290,000 in April, the unemployment rate edged up to 9.9 percent, and the labor force increased sharply, the U.S. Bureau of Labor Statistics reported today.