from the Bureau of Labor Statistics
The average person born in the latter years of the baby boom (1957-1964) held 11.7 jobs from age 18 to age 48, according to the U.S. Bureau of Labor Statistics. Nearly half of these jobs were held from ages 18 to 24.
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by Congressional Budget Office
Although freight transport contributes significantly to the productivity of the U.S. economy, it also involves sizable costs to society. Those costs include wear and tear on roads and bridges; delays caused by traffic congestion; injuries, fatalities, and property damage from accidents; and harmful effects from exhaust emissions. No one pays those external costs directly - neither freight haulers, nor shippers, nor consumers. The unpriced external costs of transporting freight by truck (per ton-mile) are around eight times higher than by rail; those costs net of existing taxes represent about 20 percent of the cost of truck transport and about 11 percent of the cost of rail transport.
Infographic Of The Day: Airplane Safety Equipment Ė A View From The Top
Look up! Right now there are approximately 5,000 planes in the air over the United States.
FOREX NEWS by DailyForex
Confidence in the euro zone‚Äôs economy rose for a fourth straight month in March to its highest since July 2011, a European Commission survey showed on Monday, suggesting the weak euro and lower oil prices are spurring the recovery.
It is always easy to be wise after the event. Bank regulators should have been more wary of the risks to the banking sector through dubious loans issued to sub-prime lenders and the folly of ‚Äúsecuritising‚ÄĚ such loans in blocks and believing that that would make an investment grade product.
In spite of the recent Federal Reserve policy decision which was surprisingly and decidedly dovish, the head of the US central bank, Janet Yellen, confirmed over the weekend that the Fed could begin gradually raising interest rates later in the year.
Economists and investors are anxious about the March U.S. labor market report due out in the next week which could be the deciding factor in when the Federal Reserve will spring its first interest rate hike.
Last week saw the final trading session for the week, the month and the quarter from the perspective of these summaries. Get the analysis for March 30, 2015 here.
31Mar2015 Pre-Market Commentary: Unusual Heavy Volatility, Iran Deal Concerning Investors As Greece Lenders Fail To Reach Deal And Iran Talks End Tonight
by Pepe Escobar
Appeared previously at Doomstead Diner 23 March 2015
Way beyond an Iran nuclear deal, and way beyond the end of a nasty economic siege that"s been in place for 35 years since the Islamic Revolution, the coming Western embrace means above all that Iran is now ready to crash the chessboard I call Pipelineistan.
Written by Gary
Premarket has been unusually heavy prior to the opening bell, The U.S. dollar is off of its high mark and is trending down while oil is sea-sawing near its morning lows.
Greece and its EU/IMF lenders failed to reach an initial deal to unlock aid after the creditors dismissed a package of reforms from Athens as ideas rather than a concrete plan as Iran, powers push for nuclear deal as clock ticks toward deadline tonight. Iran and six world powers entered a final day of talks over a nuclear deal that could see the energy-rich country increase oil exports to world markets.
30Mar2015 Market Close: Relative Quiet Day On Wall Street, Oil Experiences Volatility, U.S. Dollar S
30Mar2015 Market Update: U.S. Dollar Rising, Oil Lower And Trading Sideways Along With Equities On L
Written by Doug Short and Steven Hansen
The Conference Board Consumer Confidence Index improved moderately after its decrease last month. The market expected this index to come in at 93.0 to 98.2 (consensus 95.5) versus the 101.3 reported.