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Keyword: rate

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  • There's No Such Thing as an "American" Homicide Rate

    11/10/2017 4:18:26 AM PST · by x1stcav · 54 replies
    von Mises Institute ^ | 11/09/2017 | Ryan McMaken
    We often hear about homicides are rampant in "America" — presumably caused by high levels of private gun ownership — but any serious look at the numbers forces us to refine our question and instead ask why some parts of the US have some of the lowest homicide rates on earth, while the situation in other areas is considerably different. What Libresco did conclude, was that a host of societal issues are driving much of what we hear about in terms of so-called gun violence. Mental illness, suicide, gang violence, and domestic violence are all important factors that drive gun...
  • With a British adieu to EU, it's farewell to a Fed rate hike for now

    06/24/2016 5:34:39 AM PDT · by mykroar · 15 replies
    CNBC.com ^ | 6/23/2016 | Reuters
    The U.S. Federal Reserve, already undecided on when next to raise interest rates, now has one more reason to wait: Britain's vote on Thursday to leave the European Union. Not that the Fed needed another reason. Weaker-than-expected growth in U.S. jobs in recent months had already forced U.S. central bankers to put off a rate hike at their meeting last week.But while data due early next month on June U.S. payrolls growth could help clear up doubts about the strength of the labor market, the political and economic consequences of Britain's exit from the EU will take months or years...
  • Fed Hikes Rates, Unleashing First Tightening Cycle In Over 11 Years

    12/16/2015 3:50:54 PM PST · by Nachum · 8 replies
    zero hedge ^ | 1216/15 | tyler durden
    On the 7th anniversary of entering ZIRP, and for the first time since June 29th 2006, The Federal Reserve announced today that it will try and raise interest rates: *FED RAISES INTEREST RATES 0.25 POINT IN UNANIMOUS VOTE Of course, the flowery language and dots are as dovish as possible while maintaining some semblance of credibility with regard growth expectations as The Fed unleashes a tightening cycle for the first time in over 11 years.
  • Yellen: Unemployment Rate 'Less Rosy' When You Count Part-Time, Discouraged Workers

    02/24/2015 5:36:17 PM PST · by Son House · 21 replies
    CNS News ^ | February 24, 2015 | Ali Meyer
    Federal Reserve Chair Janet Yellen said Tuesday at a Senate Banking Committee hearing that the U-6 unemployment rate--which includes people who are working part-time for economic reasons and those who are marginally attached to the labor force--“definitely shows a less rosy picture” of employment in the country. People "marginally attached" to the labor force "are those who currently are neither working nor looking for work but indicate that they want and are available for a job and have looked for one work sometime in the past 12 months." In January, according to the Bureau of Labor Statistics, the "U-3" unemployment...
  • Full-Time Jobs Down 150K, Participation Rate Remains At 35 Year Lows, "No Job Market For Young Men"

    12/05/2014 8:44:55 AM PST · by GilGil · 21 replies
    Zerohedge ^ | 12-5-2014 | Tyler Durden
    Survey was nowhere close to confirming the Establishment Survey data, suggesting jobs rose only by 4K from 147,283K to 147,287K, and furthermore, the breakdown was skewed fully in favor of Part-Time jobs, which rose by 77K while Full-Time jobs declined by 150K.
  • (Flashback)Unemployment Rate Falls For All The Wrong Reasons

    10/25/2014 7:20:49 AM PDT · by Son House · 2 replies
    CNN Money ^ | April 5, 2013 | Chris Isidore
    The difficulty for younger workers finding jobs is also a factor...The participation rate for those age 16 to 24 was near a 50-year low. Heidi Shierholz, a labor economist with the Economic Policy Institute...She points out that the participation rate of "prime-age" workers, age 25 to 54, also fell to match the lowest reading since 1984. "It's the lack of job opportunities -- the lack of demand for workers -- that is keeping these workers from working or seeking work, not other factors," she said. Shierholz said estimates from the nonpartisan Congressional Budget Office show there are 3.9 million workers...
  • US Hiring Plummets Most Since June 2010, Fewest Hires Since Polar Vortex Ground Economy To A Halt

    10/09/2014 8:17:41 AM PDT · by GilGil · 2 replies
    Zerohedge ^ | 10/7/2014 | Tyler Durden
    There was, however, a big problem. Because while according to the BLS survey employers have almost never had more open positions, they have also decided to put an abrupt stop to hiring, something which certainly points to a major disconnect in the US labor market.
  • Labor Participation Rate Drops To 36 Year Low; Record 92.6 Million Americans Not In Labor Force

    10/03/2014 6:31:19 AM PDT · by Enlightened1 · 24 replies
    Zero Hedge ^ | 10/03/14 | Tyler Durden
    While by now everyone should know the answer, for those curious why the US unemployment rate just slid once more to a meager 5.9%, the lowest print since the summer of 2008, the answer is the same one we have shown every month since 2010: the collapse in the labor force participation rate, which in September slide from an already three decade low 62.8% to 62.7% - the lowest in over 36 years, matching the February 1978 lows. And while according to the Household Survey, 232K people found jobs, what is more disturbing is that the people not in the...
  • Ebola outbreak: 'Five infected every hour' in Sierra Leone

    10/02/2014 7:30:36 AM PDT · by Enlightened1 · 16 replies
    BBC ^ | 10/02/14
    A leading charity has warned that a rate of five new Ebola cases an hour in Sierra Leone means healthcare demands are far outstripping supply.
  • The Rate of Domestic Violence Arrests Among NFL Players

    09/15/2014 6:47:12 AM PDT · by Enlightened1 · 43 replies
    FivetThirtyEight ^ | Benjamin Morris
    Although there seems to be an endless stream of stories about NFL player arrests and misconduct, this is largely because there are a lot of NFL players (and they’re famous). At the league’s peak (during training camps), there are about 2,560 players attached to NFL teams (limit 80 each). As I’ll show, arrest rates among NFL players are quite low compared to national averages for men in their age range — but there are some types of crimes that trail the pack significantly.
  • The Real Unemployment Rate: In 20% Of American Families, Everyone Is Unemployed

    04/29/2014 8:14:42 PM PDT · by Nachum · 41 replies
    Zero Hedge ^ | 4/29/14 | Tyler Durden
    According to shocking new numbers that were just released by the Bureau of Labor Statistics, 20 percent of American families do not have a single person that is working. So when someone tries to tell you that the unemployment rate in the United States is about 7 percent, you should just laugh. One-fifth of the families in the entire country do not have a single member with a job. That is absolutely astonishing. How can a family survive if nobody is making any money? Well, the answer to that question is actually quite easy. There is a reason why government...
  • The New Normal American Dream: Homeownership Rate Plunges To 19 Year Low; Asking Rents Soar

    04/29/2014 8:01:11 AM PDT · by Nachum · 29 replies
    Zero Hedge ^ | 4/29/14 | Tyler Durden
    Each quarter, when we perform our regular update on trends in US homeownership and rents using Census Bureau data, we say that "The American Homeownership Dream is officially dead. Long live the New Normal American Dream: Renting." One thing we added in 2013 is that the American Dream has now officially became a full-blown nightmare after mortgage rates exploded, even if declining modestly afterward, and in the process pummeling the affordability of housing as well as grounding any new mortgage-funded transactions to a complete halt (don't believe us - just ask the tens of thousands of mortgage brokers let go...
  • National Average Labor Participation Rate at 35 year low, February 2014

    03/08/2014 2:28:54 PM PST · by DBCJR · 14 replies
    Day before yesterday I heard on the news that the National Average Labor Participation Rate hit a record low of 63.2%. I checked it on the Dept of Labor site this morning and that report was unavailable - even though it was a Google search result, indicating at one time it WAS available. Again, Obama cleans up his ugly mess.
  • France's 75% tax rate gains approval by top court

    12/29/2013 7:59:25 AM PST · by mykroar · 16 replies
    BBC News Business ^ | 12/29/13 | BBC News
    France's highest court has approved a 75% tax on high earners that is one of President Francois Hollande's signature policies. The initial proposal to tax individual incomes was ruled unconstitutional by the Constitutional Council almost exactly one year ago. But the government modified it to make employers liable for the 75% tax on salaries exceeding 1m euros (£830,000). The levy will last two years, affecting income earned this year and in 2014.
  • Gun Homicide Rate Down 49% Since 1993 Peak; Public Unaware

    11/10/2013 10:14:59 PM PST · by epow · 16 replies
    Pew Research Org ^ | May 24, 2013 | unknown
    Suicides by gun accounted for about six of every 10 firearm deaths in 2010 and just over half of all suicides, according to data from the Centers for Disease Control and Prevention. Since the CDC began publishing data in 1981, gun suicides have outnumbered gun homicides. But as gun homicides have declined sharply in recent years, suicides have become a greater share of all firearm deaths: the 61% share in 2010 was the highest on record. That year there were 19,392 suicides by firearm compared to 11,078 homicides by gun (35% of all firearm deaths). The rest were accidents, police...
  • Sorpresa! Treasury/TIPs Rates Spike, Agency MBS Prices Continue Slide (Fed Failing)

    06/10/2013 11:44:27 AM PDT · by whitedog57
    Confounded Interest ^ | Anthony B. Sanders
    May 2nd was turning point in the fixed-income market. Since May 2nd, Treasury yields have spiked. And Tips yields have spiked over the same period. U-oh. Agency MBS prices continue to decline. For those of us who expected rising rates, the curve trades have been most profitable. Here is the US Treasury curve change since May 2nd. Nearly 60 basis point jump on the 10 year. Here is a chart of Fannie Mae 3% MBS prices since May 2nd. Surprise! Interest rates are rising!
  • Insurers predict 100%-400% Obamacare rate explosion

    05/13/2013 7:02:31 PM PDT · by Nachum · 40 replies
    Washington Examiner ^ | 5/13/13 | Paul Bedard
    Internal cost estimates from 17 of the nation´s largest insurance companies indicate that health insurance premiums will grow an average of 100 percent under Obamacare, and that some will soar more than 400 percent, crushing the administration´s goal of affordability. New regulations, policies, taxes, fees and mandates are the reason for the unexpected "rate shock," according to the House Energy and Commerce Committee, which released a report Monday based on internal documents provided by the insurance companies. The 17 companies include Aetna, Blue Cross Blue Shield and
  • Obamas paid a lower tax rate in 2012 than most Americans in their income bracket

    04/12/2013 2:59:19 PM PDT · by Nachum · 32 replies
    Daily Mail ^ | 4/13/13 | Hayley Peterson
    President Obama and First Lady Michelle Obama paid $112,214 in federal taxes on $608,611 in income last year for a tax rate of 18.4 percent, which is slightly lower than the average rate paid by others in their income bracket. Most American households making between $500,000 and $1 million paid a 20.6 percent rate in 2012, according to the nonpartisan Tax Policy Center. In spite of the lower tax rate, the Obamas still managed to overpay taxes last year to the tune of $16,815, according to their tax returns, which were released by the White House on Friday.
  • Hiring slowed to 88K jobs in March; unemployment rate drops to 7.6 percent

    04/05/2013 3:11:19 PM PDT · by Libloather · 19 replies
    Washington Post ^ | 4/05/13 | Ylan Q. Mui
    The U.S. economy will face the brunt of massive federal spending cuts just as growth in private sector jobs is plunging, according to government data released Friday. **SNIP** The disappointing job growth is the result of weaker performance in critical industries and the steady decline in the government workforce. The Labor Department report showed the U.S. Postal Service alone lost 12,000 positions. Meanwhile, rapidly growing sectors such as health care and construction tempered their gains. “This is the correction that many have been predicting,” said Stuart Hoffman, chief economist at PNC Financial Services Group.
  • U.S. jobless claims climb to four-month high

    04/04/2013 5:47:58 AM PDT · by Accessible Pudding · 22 replies
    Market Pulse ^ | 04-04-2013 | Jeffry Bartash
    The number of people who applied for new unemployment benefits jumped 28,000 to a four-month high of 385,000 in the week ended March 30, the Labor Department said Thursday.