Private employers added more jobs than expected in September, according to a new survey–offering further evidence that the economy, while weak, is not slipping back into a recession. The ADP payroll report showed private employers added 91,000 jobs, slightly more than in August (pdf). Economists had expected a gain of around 75,000 jobs. The private payroll
Continue reading …Is this the modern-day academic equivalent of the Scarlet Letter? Kennedy High School in La Palma, California gave out IDs and student planners in three different colors to its students based on how well they performed on state standardized tests. The school distributed black and gold cards to students who scored “advanced” or “proficient” on
Continue reading …Is this the modern-day academic equivalent of the Scarlet Letter? Kennedy High School in La Palma, California gave out IDs and student planners in three different colors to its students based on how well they performed on state standardized tests. The school distributed black and gold cards to students who scored “advanced” or “proficient” on
Continue reading …Government-backed mortgage giant Fannie Mae knew as far back as 2003 that law firms it had hired to foreclose on delinquent borrowers were engaging in extensive abuses, but did little to fix the problem, according to a new report (pdf). It wasn’t until the summer of 2010 that the Federal Housing Finance Agency (FHFA), which
Continue reading …The Transportation Security Administration has apologized for an incident in which a breast cancer patient was subjected to a TSA pat-down that she says she found “insulting” and “humiliating.” Lori Dorn wrote about the experience on her blog. She described how, after walking through an image scanner at New York’s John F. Kennedy Airport, she
Continue reading …The Transportation Security Administration has apologized for an incident in which a breast cancer patient was subjected to a TSA pat-down that she says she found “insulting” and “humiliating.” Lori Dorn wrote about the experience on her blog. She described how, after walking through an image scanner at New York’s John F. Kennedy Airport, she
Continue reading …The Transportation Security Administration has apologized for an incident in which a breast cancer patient was subjected to a TSA pat-down that she says she found “insulting” and “humiliating.” Lori Dorn wrote about the experience on her blog. She described how, after walking through an image scanner at New York’s John F. Kennedy Airport, she
Continue reading …Fed chair Ben Bernanke is seeking to lower expectations about the Federal Reserve’s recently announced effort to spur borrowing and jump-start the faltering economy. The program, known as Operation Twist will provide “meaningful but not an enormous support to the economy,”Bernanke told lawmakers during testimony before a joint congressional committee. “It should help somewhat on
Continue reading …In a good sign for the economy, construction spending jumped in August, perhaps offering tentative evidence that one of the sectors hit hardest by the downturn could finally be on the way back. Total spending on construction rose in August to an annual rate of $799.1 billion, an increase of 1.4 percent from July, the
Continue reading …Even more Hispanic students were absent from schools Monday following a federal judge’s decision to let the state’s tough new immigration law go into effect on Thursday. Malissa Valdes, a spokeswoman for Alabama’s education department, told The Lookout that total absences among Hispanic students rose from 2,011 on Friday to 2,285 on Monday. The state
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