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Full text of Governor Sarah Palin’s Indianola, Iowa speech on September 3rd, 2011

www.youtube.com/watch?v=s8Pg_1i53_Y Full text of Governor Sarah Palin’s Indianola, Iowa speech on September 3rd, 2011: Thank you, Iowa. Thank you so much. The sign that says, “Thank you, Sarah,” no, I thank you. You are what keeps me going, keeps so many of us going. Your love of country keeps us going. Thank you so much. Iowa, Broadcasting platform : YouTube Source : HillBuzz Discovery Date : 04/09/2011 14:36 Number of articles : 2

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Unemployed Workers Face Tough Competition: Underemployed

WASHINGTON — The job market is even worse than the 9.1 percent unemployment rate suggests. America’s 14 million unemployed aren’t competing just with each other. They must also contend with 8.8 million other people not counted as unemployed – part-timers who want full-time work. When consumer demand picks up, companies will likely boost the hours of their part-timers before they add jobs, economists say. It means they have room to expand without hiring. And the unemployed will face another source of competition once the economy improves: Roughly 2.6 million people who aren’t counted as unemployed because they’ve stopped looking for work. Once they start looking again, they’ll be classified as unemployed. And the unemployment rate could rise. Intensified competition for jobs means unemployment could exceed its historic norm of 5 percent to 6 percent for several more years. The nonpartisan Congressional Budget Office expects the rate to exceed 8 percent until 2014. The White House predicts it will average 9 percent next year, when President Barack Obama runs for re-election. The jobs crisis has led Obama to schedule a major speech Thursday night to propose steps to stimulate hiring. Republican presidential candidates will likely confront the issue in a debate the night before. The back-to-back events will come days after the government said employers added zero net jobs in August. The monthly jobs report, arriving three days before Labor Day, was the weakest since September 2010. Combined, the 14 million officially unemployed; the “underemployed” part-timers who want full-time work; and “discouraged” people who have stopped looking make up 16.2 percent of working-age Americans. The Labor Department compiles the figure to assess how many people want full-time work and can’t find it – a number the unemployment rate alone doesn’t capture. In a healthy economy, this broader measure of unemployment stays below 10 percent. Since the Great Recession officially ended more than two years ago, the rate has been 15 percent or more. The proportion of the work force made up of the frustrated part-timers has risen faster than unemployment has since the recession began in December 2007. That’s because many companies slashed workers’ hours after the recession hit. If they restored all those lost hours to their existing staff, they’d add enough hours to equal about 950,000 full-time jobs, according to calculations by Heidi Shierholz, an economist at the Economic Policy Institute. That’s without having to hire a single employee. No one expects every company to delay hiring until every part-timer is working full time. But economists expect job growth to stay weak for two or three more years in part because of how many frustrated part-timers want to work full time. And because employers are still reluctant to increase hours for part-timers, “hiring is really a long way off,” says Christine Riordan, a policy analyst at the National Employment Law Project. In August, employees of private companies worked fewer hours than in July. Some groups are disproportionately represented among the broader category of unemployment that includes underemployed and discouraged workers. More than 26 percent of African Americans, for example, and nearly 22 percent of Hispanics are in this category. The figure for whites is less than 15 percent. Women are more likely than men to be in this group. Among the Americans frustrated with part-time work is Ryan McGrath, 26. In October, he returned from managing a hotel project in Uruguay. He’s been unable to find full-time work. So he’s been freelancing as a website designer for small businesses in the Chicago area. Some weeks he’s busy and making money. Other times he struggles. He’s living at home, and sometimes he has to borrow $50 from his father to pay bills. He’s applied for “a million jobs.” “You go to all these interviews for entry-level positions, and you lose out every time,” he says. Nationally, 4.5 unemployed people, on average, are competing for each job opening. In a healthy economy, the average is about two per opening. Facing rejection, millions give up and stop looking for jobs. Norman Spaulding, 54, quit his job as a truck driver two years ago because he needed work that would let him care for his disabled 13-year-old daughter. But after repeated rejections, Spaulding concluded a few weeks ago that the cost of driving to visit potential employers wasn’t worth the expense. He suspended his job hunt. He and his family are getting by on his daughter’s disability check from Social Security. They’re living in a trailer park on Texas’ Gulf Coast. “It costs more to look than we have to spend,” he says. Eventually, lots of Americans like Spaulding will start looking for jobs again. If those work-force dropouts had been counted as unemployed, August’s unemployment rate would have been 10.6 percent instead of 9.1 percent. Emma Draper, 23, lost her public relations job this summer. To pay the rent on her Washington apartment, she’s working part time at the retailer South Moon Under. She’s selling $120 Ralph Lauren swimsuits and other trendy clothes. Her search for full-time work has been discouraging. Employers don’t call back for months, if ever. “You’re basically on their timeline,” Draper says. “It’s really hard to find a job unless you know somebody who can give you an inside edge.” Retailers, in particular, favor part-timers. They value the flexibility of being able to tap extra workers during peak sales times without being overstaffed during lulls. Some use software to precisely match their staffing levels with customer traffic. It holds down their expenses. “They know up to the minute how many people they need,” says Carrie Gleason of the Retail Action Project, which advocates better working conditions for retail workers. “It’s almost created a contingent work force.” Draper appreciates her part-time retail job, and not just because it helps pay the bills. It takes her mind off the frustration of searching for full-time work. “Right now, finding a job is my job,” she says. “If that was the only thing I had to do, I’d be going insane. There is only so much time you can sit at your computer, sending out resumes.” ___ Leonard reported from St. Louis. AP Business Writer Ellen Gibson in New York contributed to this report.

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A mother and child have been killed in a blaze near Dallas, while another “catastrophic” Texas wildfire has destroyed 300 homes and sent thousands of residents near Austin fleeing for their lives. The 16-mile-long Austin fire has burned through 14,000 acres and is now threatening an additional 700 houses,…

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Apocalypto

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Apocalypto

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Hilda Solis admits she’s ignorant about jobs in Texas

U.S. Labor Secretary Hilda Solis admits she’s ignorant about job creation in Texas, then proves she’s wrong about everything else. Wow. Just wow. We’ve come to expect our politicians to be liars, but we also expect them to be good liars. Solis has obviously mastered the former, but failed at the latter. Broadcasting platform : YouTube Source : I Hate The Media Discovery Date : 04/09/2011 20:28 Number of articles : 2

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UK services slowdown ‘worst since foot-and-mouth’

• Services PMI slumps to 51.1 for August • Fall worse than after Lehman collapse • Pound falls to six-week low on news • Eurozone data shows raised recession risk Britain’s services sector has suffered its sharpest slowdown since the foot-and-mouth crisis of 2001, fuelling concerns that the dominant part of the UK economy is faltering . Growth across the UK services sector slumped in August, according to a monthly survey of purchasing managers conducted by Markit and the Chartered Institute of Purchasing & Supply. The seasonally adjusted index, which measures activity across the sector, fell to 51.1 in August from 55.4 in July. This is the second-biggest fall on record – worse than in the weeks after the collapse of Lehman Brothers. It disappointed economists who had expected a reading of 54 points, rather than a result closer to the 50-point mark that separates expansion from contraction. David Noble, chief executive of CIPS, described the drop in the services purchasing managers’ index as “eye-watering”. It sent the pound falling to a six-week low of $1.6103 against the dollar. Markit said that the general economic uncertainty is hurting the UK services sector, leaving many companies struggling to generate new business. Some firms also reported that the riots that struck parts of the UK last month had also hit trading. “Allied with soft manufacturing data and a slowdown in construction growth, the overall picture provided by the latest PMI surveys is one of a stuttering UK private sector,” said Markit’s senior economist, Paul Smith. “Job losses were again reported as firms remain reluctant to replace leavers or are forced to cut positions in response to excess capacity,” Smith added. Markit/CIPS also found that business confidence in the UK services sector was the lowest for a year. The survey found that worries over the impact of government spending cuts were also “depressing sentiment”. Howard Archer, chief UK economist at IHS Global Insight, said the services data “really rings the growth alarm bells”. He said: “The very sharp slowdown in activity in the services sector in August indicated by the purchasing managers’ survey is a particularly significant blow to the economy given the sector’s dominant role. Even allowing for any impact from the riots and a correction after a surprise spike up in services activity in July, this is a hugely disappointing survey. The only crumb of comfort is that it shows services activity is still expanding.” A separate survey of the eurozone economy published on Monday showed that the risks of Europe slumping back into recession this year have increased. Growth in economic activity across the eurozone fell to its lowest rate in almost two years, according to Markit. The research group reported that the combined eurozone services and manufacturing PMI fell to 50.7 in August, with business optimism falling significantly in Germany, France, Spain and Italy. Chris Williamson of Markit said that austerity measures and fears over the future of the eurozone are eating into economic demand, and could push the region towards a double-dip recession. “The PMI suggests that economic growth in the third quarter of 2011 is unlikely to improve on the 0.2% seen in the three months to June, and a contraction in the final quarter looks a distinct possibility unless business and consumer confidence improve noticeably in coming months,” Williamson warned. The Chinese services sector is also suffering, according to HSBC’s monthly PMI survey. It showed that China’s services companies grew at their lowest rate since the survey began in November 2005 , at 50.6 in August from 53.5 in July. Services sector Economic growth (GDP) Recession Economics Euro Europe Global recession Global economy Graeme Wearden guardian.co.uk

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Roy Orbison

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Roy Orbison

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Modern Warfare 3 limited edition Xbox 360 set ushers in last wave of marketing hype

Call of Duty certainly knows how to wear out its merchandising welcome. After announcing a line of eye strain-reducing glasses and a series of branded headsets , Activision’s juggernaut franchise is steamrolling its pre-release hype all over a custom Xbox 360 . The limited edition 320GB console comes bundled with two similarly bedecked wireless controllers, a requisite copy of Modern Warfare 3 and even includes franchise-specific boot sounds. You can snag this video gaming swag on November 8th for a cool $399, or grab the headset and controllers separately. It’s your call and your paycheck, after all. Official presser awaits you after the break. Continue reading Modern Warfare 3 limited edition Xbox 360 set ushers in last wave of marketing hype Modern Warfare 3 limited edition Xbox 360 set ushers in last wave of marketing hype originally appeared on Engadget on Mon, 05 Sep 2011 08:42:00 EDT. Please see our terms for use of feeds . Permalink

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Kia

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Kia

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Kids Need Flu Shot Even if They Had One Last Year

Even if they got one last year, most children should get another dose of the flu vaccine before flu season begins, according to the latest recommendations from the American Academy of Pediatrics (AAP).

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