Archive for March, 2009

The Conference Board Reports Online Job Demand Down 100,000 in March

Job demand drops 100,000 in March after dipping only 6,600 in February. February and March losses slow significantly from the sharp 1 million loss in December and January. Historical data for May 2005 through July 2007 have been revised. Outlook: March’s numbers are evidence that the downturn in the labor market has not reversed yet. [...]

Despite Bleak Economic News, 2008 Was a Positive Year for Beverage Alcohol Sales and Consumption

Just released: Full report on U.S. sales and consumption of 2008 distilled spirits, wine and beer and 2009 category forecasts. Overall consumption of distilled spirits, wine and beer rose in 2008, however, the rate of growth in each category was less than recent years, according to data in the Handbook Advance 2009 published by The [...]

2008 Market Volatility Impacts Performance of UK Pension Funds

Bonds buck the trend with returns of 58.1% for Overseas and 12.8% for UK Shift away from equities continued during 2008 falling below 50% for first time New research from BNY Mellon Asset Servicing, reveals that the average UK pension fund achieved a weighted average return of -13.6% for the year ending 31 December 2008. [...]

Europe and the Financial Crisis: Pennsylvania High School Students Take on the Euro Challenge

Is the global economy heading from recession to depression? Why did a crisis in US mortgage markets wreak havoc in economies across Europe? Students from North Allegheny High School and Baldwin-Whitehall High School will have to grapple with these issues on April 1 at the University of Pittsburgh when they compete in the Euro Challenge, [...]