26 June 2015

• U.S. Quarterly Summary of State and Local Government Tax Revenue — Q1 2015


This release provides quarterly estimates of state and local government tax revenue at a national level, as well as detailed tax revenue data for individual states.

The report produces three tables: Tables 1 and 2 include income and sales data and Table 3 provides tax collections by state.

Please visit this link to read the full report: USDOC/Census

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


25 June 2015

• U.S. Initial Unemployment Claims — 20 June 2015


In the week ending June 20, the advance figure for seasonally adjusted initial claims was 271,000, an increase of 3,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 267,000 to 268,000.

The 4-week moving average was 273,750, a decrease of 3,250 from the previous week's revised average. The previous week's average was revised up by 250 from 276,750 to 277,000.

The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending June 13, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 13 was 2,247,000, an increase of 22,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending June 6 were in Puerto Rico (3.3), Alaska (3.0), New Jersey (2.4), California (2.2), Connecticut (2.2), Nevada (2.2), Pennsylvania (2.2), West Virginia (2.2), Arkansas (2.0), and the Virgin Islands (2.0).

The largest increases in initial claims for the week ending June 13 were in Pennsylvania (+6,007), Florida (+1,063), Wisconsin (+709), Nevada (+537), and Delaware (+396), while the largest decreases were in California (-2,592), Tennessee (-1,899), Georgia (-1,893), Texas (-1,575), and New York (-1,458).

Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits.

See the complete report at this link: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Personal Income — May 2015


Personal income increased $79.0 billion, or 0.5 percent, and disposable personal income (DPI) increased $65.5 billion, or 0.5 percent, in May.

Personal consumption expenditures (PCE) increased $105.9 billion, or 0.9 percent. In April, personal income increased $69.6 billion, or 0.5 percent, DPI increased $57.0 billion, or 0.4 percent, and PCE increased $8.5 billion, or 0.1 percent, based on revised estimates.

Real DPI increased 0.2 percent in May, compared with an increase of 0.4 percent in April. Real PCE increased 0.6 percent, compared with an increase of less than 0.1 percent.

Please visit this link to read the full report: USDOC-BEA

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


24 June 2015

• U.S. Time Use Survey — 2014


The American Time Use Survey data include the average amount of time per day in 2014 that individuals worked, did household activities, and engaged in leisure and sports activities. Additionally, measures of the average time per day spent providing childcare....

Some findings:

Employed persons worked an average of 7.8 hours on the days they worked. More hours were worked, on average, on weekdays than on weekend days--8.1 hours compared with 5.7 hours.

On the days they worked, employed men worked 52 minutes more than employed women. This difference partly reflects women's greater likelihood of working part time. However, even among full-time workers (those usually working 35 hours or more per week), men worked longer than women--8.4 hours compared with 7.8 hours….”

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• Connecticut Public Act 15-86 [SB00914]— Effective October 1, 2015


AN ACT CONCERNING AN EMPLOYER'S FAILURE TO PAY WAGES

With one exception, this bill requires, rather than allows, a court to award double damages plus court costs and attorney's fees if it finds that an employer failed to (1) pay an employee's wages, accrued fringe benefits, or arbitration award or (2) meet the law's requirements for an employee's minimum wage or overtime rates.

Under the bill, the double-damage requirement does not apply to employers who establish a good-faith belief that their underpayments were legal. Such employers must, however, pay full damages, plus court costs and attorney's fees. Existing law also allows the labor commissioner to collect unpaid wages and payments or bring a civil suit on the employee's behalf.

NOTE: The analysis provided here may not be based on the ultimate language of the new Public Act as the legislature may have fiddled with it in the final stages of the law’s passage. A final copy of the language of the law can be found at ConnecticutLegislature.

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought..

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Gross Domestic Product: 3rd Estimate — Q1 2015


Real gross domestic product -- the value of the production of goods and services in the United States, adjusted for price changes -- decreased at an annual rate of 0.2 percent in the first quarter of 2015, according to the "third" estimate. In the fourth quarter, real GDP increased 2.2 percent.

The GDP estimate released today is based on more complete source data than were available for the "second" estimate issued last month. In the second estimate, the decrease in real GDP was 0.7 percent. With the third estimate for the first quarter, exports decreased less than previously estimated, and personal consumption expenditures (PCE) and imports increased more (see "Revisions" on page 3).

The decrease in real GDP in the first quarter primarily reflected negative contributions from exports, nonresidential fixed investment, and state and local government spending that were partly offset by positive contributions from PCE, private inventory investment, and residential fixed investment. Imports, which are a subtraction in the calculation of GDP, increased.

Please visit this link to read the full report: USDOC-BEA

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


23 June 2015

• “Projected 2016 Salary Increases by Country and Historical Trends”


• 2016 Forecast for U.S. salary budgets is 2.7% down from 2.9% in 2015.

“An analysis of early projections of 2016 salary increases across 56 countries is provided in Table 1 to support businesses in next year’s salary increase budgeting. This table also includes the International Monetary Fund’s recent research on 2014 actuals, as well as 2015 and 2016 projections for unemployment, growth in gross domestic product (GDP), and the consumer price index (CPI).

”This early look at 2016 salary increase projections is based on ERI Economic Research Institute’s extensive database, plus global historical trends and projections. Data from governmental resources, publications, and over 25,000 companies was assessed in this review….”

Please visit this link to read the full report: EconomicResearchInstitute

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. New Home Sales — May 2015


Sales of new single-family houses in May 2015 were at a seasonally adjusted annual rate of 546,000. This is 2.2 percent (±16.7%) above the revised April rate of 534,000 and is 19.5 percent (±19.7%) above the May 2014 estimate of 457,000.

The median sales price of new houses sold in May 2015 was $282,800; the average sales price was $337,000. The seasonally adjusted estimate of new houses for sale at the end of May was 206,000. This represents a supply of 4.5 months at the current sales rate.”

Please visit this link to read the full report: USDOC-Census

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• New Connecticut Law Protects Interns from Workplace Harassment and Discrimination — Effective 01 October 2015


Public Act 56 prohibits an employer from discriminating against or sexually harassing interns, thus giving interns protections similar to those of paid employees.

It defines an “intern” as a person working for an employer (1) who is not paid by the employer, and (2) who the employer has not committed to hiring. Further, (3) the internship must be designed to supplement training that may enhance the intern's employability.

The bill defines an “employer” as any person engaged in business in the state, who provides a position for an intern (presumably this does not include the state and its municipalities).

The bill makes a violation of its provisions a “discriminatory practice” under state human rights law, which means one may file complaints of alleged violation with the Commission on Human Rights and Opportunities and pursue civil action in Superior Court.

Please visit this link to read the full Public Act: CTLegislature

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders— May 2015


New orders for manufactured durable goods in May decreased $4.1 billion or 1.8 percent to $228.9 billion, the U.S. Census Bureau announced today. This decrease, down three of the last four months, followed a 1.5 percent April decrease. Excluding transportation, new orders increased 0.5 percent. Excluding defense, new orders decreased 2.1 percent.

Shipments of manufactured durable goods in May, down four of the last five months, decreased $0.2 billion or 0.1 percent to $239.9 billion. This followed a 0.2 percent April decrease.

Inventories of manufactured durable goods in May, down following twenty-three consecutive monthly increases, decreased $0.8 billion or 0.2 percent to $400.6 billion. This followed a 0.2 percent April increase.

Please visit this link to read the full report: USDOC-Census

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


22 June 2015

• U.S. Liberal Arts Grads — Where Do They Go?


“Where do liberal arts and humanities graduates go after graduation?

”Three in five liberal arts bachelor’s degree graduates (60.5 percent) from the Class of 2014 landed full-time jobs or a place in graduate school within six months of graduation, according to results of a new study by the National Association of Colleges and Employers (NACE).

”NACE’s Class of 2014 First-Destination Survey found that 42.2 percent of liberal arts and humanities graduates were in full-time positions while 18.3 percent were in graduate or professional school….”

Please visit this link to read the full report: NACE

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Existing Home Sales— May 2015


“Fueled partly by an increase in the share of sales to first-time buyers, existing-home sales increased in May to their highest pace in nearly six years, according to the National Association of Realtors®.

”Led by the Northeast, all major regions experienced sales increases in May….”

Please visit this link to read the full report: NationalAssociationRealtors

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Personal Income…By State — Q1 2015


State personal income grew 0.9 percent on average in the first quarter of 2015, after growing 1.1 percent in the fourth quarter of 2014.

Personal income grew in 46 states and growth accelerated in 15 of those states. The fastest growth, 1.3 percent, was in Florida.

Personal income fell in four states, with the largest decline, 1.2 percent, in Iowa. The national price index for personal consumption expenditures, fell 0.5 percent in the first quarter, after falling 0.1 percent in the fourth quarter.”

Please visit this link to read the full report: USDOC-BEA

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


19 June 2015

• U.S. Regional and State Employment and Unemployment — May 2015


Regional and state unemployment rates were little changed in May. Twenty-five states had unemployment rate increases from April, 9 states and the District of Columbia had decreases, and 16 states had no change. Forty-five states and the District of Columbia had unemployment rate decreases from a year earlier and five states had increases.

In May 2015, nonfarm payroll employment increased in 37 states and the District of Columbia, decreased in 12 states, and was unchanged in Montana. The largest over-the-month increases in employment occurred in California (+54,200), New York (+42,700), and Texas (+33,200). The largest over-the-month decrease in employment occurred in Wisconsin (-8,600), followed by North Dakota (-5,300) and South Carolina (-4,900).

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Manpower Employment Outlook — Q3 2015


“The Manpower Employment Outlook Survey, released today by ManpowerGroup, reveals U.S. employers’ hiring intentions are among the strongest globally for the third quarter of 2015.

”Taking into account seasonal variations, the Net Employment Outlook is +16%, which is on par with Quarter 2 2015 and up from Quarter 3 2014 when the Outlook was +14%....”

Please visit this link to read the full report: ManpowerGroup

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


18 June 2015

• U.S. Initial Unemployment Claims — 13 June 2015


In the week ending June 13, the advance figure for seasonally adjusted initial claims was 267,000, a decrease of 12,000 from the previous week's unrevised level of 279,000.

The 4-week moving average was 276,750, a decrease of 2,000 from the previous week's unrevised average of 278,750.

The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending June 6, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending June 6 was 2,222,000, a decrease of 50,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending May 30 were in Alaska (3.1), Puerto Rico (3.0), the Virgin Islands (2.7), New Jersey (2.5), California (2.4), Connecticut (2.3), Nevada (2.2), Pennsylvania (2.2), West Virginia (2.2), and Wyoming (2.1).

The largest increases in initial claims for the week ending June 6 were in California (+10,917), Pennsylvania (+4,130), Texas (+3,489), Illinois (+3,008), and Florida (+2,502), while the largest decreases were in Missouri (-827), Nebraska (-195), New Mexico (-177), Kansas (-171), and North Dakota (-149).

Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits.

See the complete report at this link: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Leading Indicators — May 2015


“The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.7 percent in May to 123.1 (2010 = 100), following a 0.7 percent increase in April, and a 0.4 percent increase in March.

“’The U.S. LEI increased sharply again in May, confirming the outlook for more economic expansion in the second half of the year after what looks to be a much weaker first half,’ said Ataman Ozyildirim, Director, Business Cycles and Growth Research, at The Conference Board. “While residential construction and consumer expectations support the more positive outlook, industrial production and new orders in manufacturing are painting a somewhat more mixed picture.’”

Please visit this link to read the full report: TheConferenceBoard

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Real Earnings – May 2015


For the Month: Real average hourly earnings for all employees decreased 0.1 percent from April to May, seasonally adjusted. This result stems from a 0.3-percent increase in average hourly earnings being more than offset by a 0.4-percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).

Real average weekly earnings decreased by 0.1 percent over the month due to the decrease in real average hourly earnings and no change in the average workweek.

For the Year: Real average hourly earnings increased by 2.2 percent, seasonally adjusted, from May 2014 to May 2015. This increase in real average hourly earnings, combined with no change in the average workweek, resulted in a 2.3-percent increase in real average weekly earnings over this period.

Please visit this link to read the full report: USDOL-BLS

*Note: Real earnings show the effect of inflation on your pay. If your salary went up by 2.1% over the year while the cost-of-living (CPI-U) rose 2.3%, then the “real” value of your salary fell by 0.2% [differences in some of the data are due to rounding and seasonal adjustment]. The figures reported here are earnings for all employees on private nonfarm payrolls, seasonally adjusted.

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Consumer Price Indexes — May 2015


CPI-U: The Consumer Price Index for All Urban Consumers (CPI-U)was virtually unchanged over the last 12 months, with a May 2015 index level of 237.805 (1982-84=100). For the month, the index rose 0.5 percent prior to seasonal adjustment.

CPI-W: The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W)decreased 0.6 percent over the last 12 months to an index level of 232.908 (1982-84=100). For the month, the index rose 0.6 percent prior to seasonal adjustment.

C-CPI-U: The Chained Consumer Price Index for All Urban Consumers (C-CPI-U) declined 0.3 percent over the last 12 months. For the month, the index rose 0.6 percent on a not seasonally adjusted basis. Please note that the indexes for the past 10 to 12 months are subject to revision.

The Consumer Price Index for June 2015 is scheduled to be released on Friday, July 17, 2015, at 8:30 a.m. (EDT).

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


17 June 2015

• U.S. County Employment and Wages — Q2 2015


From December 2013 to December 2014, employment increased in 319 of the 339 largest U.S. counties (counties with 75,000 or more jobs in 2013).

Weld, Colo., and Midland, Texas, had the largest percentage increases, with gains of 8.0 percent each over the year, compared with national job growth of 2.2 percent.

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. New Residential Construction — May 2015


BUILDING PERMITS: Privately-owned housing units authorized by building permits in May were at a seasonally adjusted annual rate of 1,275,000. This is 11.8 percent (±1.8%) above the revised April rate of 1,140,000 and is 25.4 percent (±2.1%) above the May 2014 estimate of 1,017,000. Single-family authorizations in May were at a rate of 683,000; this is 2.6 percent (±1.2%) above the revised April figure of 666,000. Authorizations of units in buildings with five units or more were at a rate of 557,000 in May.

HOUSING STARTS: Privately-owned housing starts in May were at a seasonally adjusted annual rate of 1,036,000. This is 11.1 percent (±10.4%) below the revised April estimate of 1,165,000, but is 5.1 percent (±11.2%) above the May 2014 rate of 986,000. Single-family housing starts in May were at a rate of 680,000; this is 5.4 percent (±7.0%)* below the revised April figure of 719,000. The May rate for units in buildings with five units or more was 349,000.

HOUSING COMPLETIONS: Privately-owned housing completions in May were at a seasonally adjusted annual rate of 1,034,000. This is 4.7 percent (±13.8%) above the revised April estimate of 988,000 and is 14.5 percent (±14.4%) above the May 2014 rate of 903,000.

Please visit this link to read the full report: USDOC-Census

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


16 June 2015

• U.S. Industrial Production & Capacity Utilization — May 2015


Industrial production decreased 0.2 percent in May after falling 0.5 percent in April. The decline in April was larger than previously reported, but the rates of change for previous months were generally revised higher, leaving the level of the index in April slightly above its initial estimate.

Manufacturing output decreased 0.2 percent in May and was little changed, on net, from its level in January

Capacity utilization for the industrial sector decreased 0.2 percentage point in May to 78.1 percent, a rate that is 2.0 percentage points below its long-run (1972–2014) average.

Please visit this link to read the full report: Federal Reserve

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Employers’ Health Costs to Rise 6.5%—2016


“This PwC Health Research Institute (HRI) report projects a [2016] medical cost trend of 6.5%, down from 6.8% projected for 2015.

”Marking 10 years of slowing growth projected to be slightly lower for 2016…”

Please visit this link to read the full report: PWC-HRI

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


12 June 2015

• U.S. Producer Price Indexes — May 2015


The Producer Price Index for final demand rose 0.5 percent in May, seasonally adjusted. Final demand prices fell 0.4 percent in April and advanced 0.2 percent in March.

On an unadjusted basis, the final demand index declined 1.1 percent for the 12 months ended in May, the fourth straight 12-month decrease.

In May, the increase in the final demand index can be traced to prices for final demand goods, which rose 1.3 percent. The index for final demand services was unchanged.

Within intermediate demand, prices for processed goods climbed 1.0 percent, the index for unprocessed goods jumped 3.3 percent, and prices for services fell 0.5 percent.

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


11 June 2015

• U.S. Initial Unemployment Claims — 23 May 2015


In the week ending June 6, the advance figure for seasonally adjusted initial claims was 279,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 276,000 to 277,000.

The 4-week moving average was 278,750, an increase of 3,750 from the previous week's revised average. The previous week's average was revised up by 250 from 274,750 to 275,000.

The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending May 30, an increase of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending May 30 was 2,265,000, an increase of 61,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending May 23 were in Alaska (3.1), Puerto Rico (2.8), the Virgin Islands (2.6), New Jersey (2.4), Connecticut (2.3), Nevada (2.2), Pennsylvania (2.2), California (2.1), West Virginia (2.1), and Massachusetts (2.0).

The largest increases in initial claims for the week ending May 30 were in Tennessee (+1,006), Puerto Rico (+686), Ohio (+540), New Mexico (+416), and Alabama (+359), while the largest decreases were in California (-7,891), Texas (-2,580), Kansas (-2,075), New Jersey (-1,531), and Florida (-1,232).

Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits.

See the complete report at this link: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Manufacturing and Trade Inventories and Sales — April 2015


Sales: The combined value of distributive trade sales and manufacturers’ shipments for April, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,318.8 billion, up 0.6 percent (±0.2%) from March 2015, but was down 2.3 percent (±0.5%) from April 2014.

Inventories: Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,793.2 billion, up 0.4 percent (±0.1%) from March 2015 and were up 2.6 percent (±0.5%) from April 2014.

Inventories/Sales Ratio: The total business inventories/sales ratio based on seasonally adjusted data at the end of April was 1.36. The April 2014 ratio was 1.29.

Please visit this link to read the full report: USDOCCensus

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Advance Monthly Sales for Retail And Food Services — May 2015


Advance estimates of U.S. retail and food services sales for May, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $444.9 billion, an increase of 1.2 percent (±0.5%) from the previous month, and 2.7 percent (±0.9%) above May 2014.

Total sales for the March 2015 through May 2015 period were up 2.1 percent (±0.7%) from the same period a year ago. The March 2015 to April 2015 percent change was revised from virtually unchanged (±0.5%)* to +0.2 percent (±0.2%).

Retail trade sales were up 1.4 percent (±0.5%) from April 2015, and 2.0 percent (±0.7%) above last year. Motor vehicle and parts dealers were up 8.2 percent (±3.0%) from May 2014 and food services and drinking places were up 8.2 percent (±3.3%) from last year.

Please visit this link to read the full report: USDOC-Census

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


10 June 2015

• Monthly Treasury Statement of Receipts and Outlays of the United States Government For Fiscal Year 2015 Through May 31, 2015


Highlight: The interest on Treasury debt securities is $28 billion, which is 10 percent of the total current month federal outlays.

Please visit this link to read the full report: USTreasuryDepartment

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Employer Costs for Employee Compensation — March 2015


Employer costs for employee compensation averaged $33.49 per hour worked in March 2015. Wages and salaries averaged $22.88 per hour worked and accounted for 68.3 percent of these costs, while benefits averaged $10.61 and accounted for the remaining 31.7 percent.

Private Industry: Total employer compensation costs for private industry workers averaged $31.65 per hour worked in March 2015.

State & Local Government: Total employer compensation costs for state and local government workers averaged $44.25 per hour worked in March 2015.

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


09 June 2015

• U.S. Job Openings, Hires, Turnover, Quits — April 2015


There were 5.851 million job openings [all data NSA] on the last business day of April, up 21.5% from the same month a year ago; the job openings rate was 4.0%.

Hires were 5.423 million in April, up 4% from April 2014; the hires rate was 3.8%.

Total separations were 4.749 million up 7.2% in the last 12 months. This yielded a “turnover” rate of 3.4% for the month…an annual equivalent of 40.8%.

Within total separations, the 2.705 million quits [up 9.8%] yielded a quit rate of 1.9% percent and 1.679 million layoffs and discharges [up 4.4%] yielded a rate of 1.2 percent.

[1] The job openings rate is the number of job openings on the last business day of the month as a percent of total employment plus job openings. [2] The hires rate is the number of hires during the entire month as a percent of total employment. [3] The total separations rate is the number of total separations during the entire month as a percent of total employment; includes quits. [4] The quits rate is the number of quits during the entire month as a percent of total employment; included in "total turnover."

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Business Economists: Labor Market, Economy Still Growing But At Slower Rate — June 2015


”The NABE Outlook Survey panel’s median forecast for real GDP growth from the fourth quarter of 2014 to the fourth quarter of 2015 is 2.3%—sharply lower than that reported in the March survey. The median forecast for 2016 is unchanged at 2.9%. The forecast for the annualized growth rate for 2015 is also lower—down to 2.4% from 3.1% in March. The annualized forecast for 2016 is unchanged at 2.9%....

”The survey results reflect a slowing—but still robust—pace of improvement in the labor market. The median forecast for nonfarm payroll growth in 2015 declined from 251,000 in March to 217,000 in June, while the median forecast for 2016 slipped from 216,000 in March to 207,000. Payrolls expanded at a 260,000 monthly clip in 2014. Expectations for unemployment are similar to those expressed in March, with the unemployment rate anticipated to decline to 5.2% on average during the fourth quarter of 2015 and to 4.9% on average during the fourth quarter of 2016….”

Please visit this link to read the full report: NationalAssociationBusinessEconomics

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


08 June 2015

• U.S. Labor Market Conditions Index — May 2015


Labor market conditions are improving with the index rising to plus 1.3 in May vs an upward revised minus 0.5 percent in April. The gain underscores Friday's very strong employment report as well as the long run of very favorable jobless claims reports. Still, 1.3 isn't that strong of a reading and doesn't point to any urgency for a Federal Reserve rate hike.

Supposedly, values above zero indicate an improving labor market and values below zero indicate a deteriorating labor market.

Please visit this link to read the full report: Federal Reserve

Fed: “The LMCI is derived from a dynamic factor model that extracts the primary common variation from 19, seasonally-adjusted, labor market indicators. Users can read about the included indicators at: Federal Reserve Information on the LMCI. Users of the LMCI should take note that the entire history of the LMCI may revise each month….”

The Wall Street Journal says, “The labor market conditions index is by definition an index. Higher index numbers are positives and vice versa. The report focuses on the change in the index — how strong a plus change or a negative change. Plus indicates improving labor market conditions. But there is extreme detail with 19 components. Subcomponent detail can be important, depending on how many components are positive versus those that are negative or sluggish. A key feature of this report is that it pulls together many labor market indicators into one place.”

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


05 June 2015

• U.S. “Results of First-Ever National Survey of New College Graduate Outcomes” — June 2015


The National Association of Colleges and Employers (NACE) reports that the majority of college graduates from the Class of 2014 were either employed full time or enrolled in graduate and professional schools within six months of graduation.

Please visit this link to read the full report: NACE

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Employment Situation — May 2015


Total nonfarm payroll employment increased by 280,000 in May.

Both the unemployment rate (5.5 percent) and the number of unemployed persons (8.7 million) were essentially unchanged. Both measures have shown little movement since February.

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


04 June 2015

• “Orange [CT] Woman Facing Unemployment Fraud Charge” — 04 June 2015


”A woman was charged with illegally collecting $24,000 in unemployment…

”According to authorities, O'Donnell collected the benefits from September 2010 to July 2011, but was working at the time as a nurse….”

Note: We presume Ms. O’Donnell is innocent unless a court finds otherwise.

Please visit this link to read the full report: HartfordCourant

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Productivity and Costs — Q1 2015


Nonfarm business sector labor productivity decreased at a 3.1 percent annual rate during the first quarter of 2015, as output declined 1.6 percent and hours worked increased 1.6 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.)

The decline in productivity follows a decline of 2.1 percent in the fourth quarter of 2014.

From the first quarter of 2014 to the first quarter of 2015, productivity increased 0.3 percent, reflecting increases in output and hours worked of 3.2 percent and 2.8 percent, respectively.

Unit labor costs in the nonfarm business sector increased 6.7 percent in the first quarter of 2015, reflecting a 3.3 percent increase in hourly compensation and a 3.1 percent decline in productivity. Unit labor costs increased 1.8 percent over the last four quarters.

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Initial Unemployment Claims — 30 May 2015


In the week ending May 30, the advance figure for seasonally adjusted initial claims was 276,000, a decrease of 8,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 282,000 to 284,000.

The 4-week moving average was 274,750, an increase of 2,750 from the previous week's revised average. The previous week's average was revised up by 500 from 271,500 to 272,000.

The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending May 23, a decrease of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending May 23 was 2,196,000, a decrease of 30,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending May 16 were in Alaska (3.2), Puerto Rico (2.9), New Jersey (2.5), California (2.4), Connecticut (2.2), Nevada (2.2), Pennsylvania (2.2), Wyoming (2.1), Massachusetts (2.0), the Virgin Islands (2.0), and West Virginia (2.0).

The largest increases in initial claims for the week ending May 23 were in Kansas (+2,716), Missouri (+1,713), Kentucky (+708), Minnesota (+704), and Mississippi (+661), while the largest decreases were in Washington (-507), Oregon (-376), Ohio (-365), Vermont (-320), and North Carolina (-261).

Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits.

See the complete report at this link: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


03 June 2015

• Waterbury Rep-Am Reports — 03 June 2015


• Big business: Conn.'s already unfriendly

Say budget plan would make things worse.

Three of the state's largest firms threatened to leave Connecticut in response to proposed tax increases because they already consider the state business unfriendly, business experts say. “They see a trajectory where taxes are going to keep going up and they don't think they're going to see the fruits of those taxes in the long term,” said David Cadden, professor emeritus in Quinnipiac University's School of Business.

• Sikorsky to cut 1,400 jobs worldwide

Sikorsky to cut 1,400 jobs worldwide, 180 jobs in Conn. Affected.

Sikorsky Aircraft Corp. says it's cutting 1,400 jobs in the coming year -- including 180 in Connecticut -- as the helicopter manufacturer faces declining demand for shuttling workers to offshore oil platforms.

Please visit this link to read the full report: Waterbury Rep-Am

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Help-Wanted Advertising — May 2015


Online advertised vacancies rose 83,100 to 5,445,000 in May, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series. The April Supply/Demand rate stands at 1.59 unemployed for each advertised vacancy with a total of 3.2 million more unemployed workers than the number of advertised vacancies. The number of unemployed was 8.5 million in April.

“Following a very strong January and February, the growth in online vacancies has been basically flat over the past three months,” said Gad Levanon, Managing Director, Macroeconomic and Labor Market Research. “Still, even with the recent three-month pause, the 2015 growth rate has significantly outpaced the 2014 growth rate during the same time period.”

Please visit this link to read the full report: ConferenceBoard

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Balance of Trade — April 2015


The goods and services deficit was $40.9 billion in April, down $9.7 billion from $50.6 billion in March, revised. April exports were $189.9 billion, $1.9 billion more than March exports. April imports were $230.8 billion, $7.8 billion less than March imports.

The April decrease in the goods and services deficit reflected a decrease in the goods deficit of $9.3 billion to $60.7 billion and an increase in the services surplus of $0.4 billion to $19.8 billion.

Year-to-date, the goods and services deficit increased $1.5 billion, or 0.9 percent, from the same period in 2014. Exports decreased $18.0 billion or 2.3 percent. Imports decreased $16.5 billion or 1.8 percent.

Please visit this link to read the full report: USDOC-BEA

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• ADP U.S. National Employment Report — May 2015


Change in U.S. nonfarm private sector employment in May of 2015: 201,000.

Please visit this link to read the full report: ADP

According to ADP, “…the ADP National Employment Report is designed to align with the final revised BLS numbers, and not those that are first reported…. The BLS revises its employment data several times: In the two subsequent months after the initial release…. Because our data is based on actual live payroll data, we believe our number will most closely correlate with – and should be compared with – the final revised BLS numbers when all of the data from the survey respondents has [sic] been incorporated.”

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Major Metro Area Employment, Unemployment — April 2015


Unemployment rates were lower in April than a year earlier in 344 of the 387 metropolitan areas, higher in 36 areas, and unchanged in 7 areas. Eleven areas had jobless rates of less than 3.0 percent and 11 areas had rates of at least 10.0 percent.

330 metropolitan areas had over-the-year increases in nonfarm payroll employment, 46 had decreases, and 11 had no change. The largest over-the-year employment increases occurred in Los Angeles-Long Beach- Anaheim, Calif. (+160,100), New York-Newark-Jersey City, N.Y.-N.J.-Pa. (+135,900), and Dallas-Fort Worth-Arlington, Texas (+125,800). The largest over-the-year percentage gain in employment occurred in Lake Charles, La. (+7.8 percent), followed by Odessa, Texas, and Provo-Orem, Utah (+6.4 percent each).

Please visit this link to read the full report: USDOL-BLS

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


02 June 2015

• U.S. Auto Sales — May 2015


”U.S. car sales at the big three automakers — Fiat Chrysler, General Motors and Ford — beat expectations in May, the companies said on Tuesday.

”Sales surged at Fiat Chrysler and General Motors, which had their best month in at least seven years.

”Overall sales are expected to maintain their acceleration to top an annualized rate of 17 million this year, a level not seen since 2001, despite estimates that they’d be down slightly this month from a year ago….”

Please visit this link to read the full report: Forbes

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• CT: 5th Highest Per Pupil Spending…2nd Lowest Funds from Federal Government — 2013


Per pupil spending for the nation was $10,700 during fiscal year 2013, a 0.9 percent increase from 2012, but varied heavily among states with a high of $19,818 in New York and a low of $6,555 in Utah.

States and state-equivalents spending the most per pupil in 2013 were New York ($19,818), Alaska ($18,175), the District of Columbia ($17,953), New Jersey ($17,572) and Connecticut ($16,631). States spending the least per pupil included Utah ($6,555), Idaho ($6,791), Arizona ($7,208), Oklahoma ($7,672) and Mississippi ($8,130).

States receiving the highest percentage of their revenue from the federal government: Mississippi (16.0 percent), Louisiana (15.2 percent), South Dakota (14.8 percent), New Mexico (14.8 percent) and Arizona (14.6 percent).

States receiving the lowest percentage of their revenue from the federal government: New Jersey (4.1 percent), Connecticut (4.3 percent), Massachusetts (5.1 percent), New York (5.6 percent) and New Hampshire (5.7 percent).

Please visit this link to read the full report: USDOC-Census

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Manufacturers’ Shipments, Inventories and Orders — April 2015


Summary: New orders for manufactured goods in April, down eight of the last nine months, decreased $1.8 billion or 0.4 percent to $476.7 billion. This followed a 2.2 percent March increase.

Shipments, following two consecutive monthly increases, were virtually unchanged at $482.4 billion. This followed a 0.5 percent March increase.

Unfilled orders, down four of the last five months, decreased $1.1 billion or 0.1 percent to $1,202.4 billion. This followed a 0.1 percent March increase. The unfilled orders-to-shipments ratio was 6.98, down from 6.99 in March.

Inventories, up two of the last three months, increased $0.6 billion or 0.1 percent to $649.0 billion. This followed a 0.1 percent March decrease. The inventories-to-shipments ratio was 1.35, up from 1.34 in March.

Please visit this link to read the full report: USDOC-Census

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


01 June 2015

• New Rule Under Development Would Aid Unions, Hurt Small-, Medium-Size Businesses


"Supporters of tougher regulations on businesses usually present them as necessary to curb abuses by large "fatcat" corporations.

”However [the] administration is pursuing a new labor rule that would largely ignore big business and instead target small and medium-sized companies….

"Under the federal 'persuader' rule, businesses currently must disclose whenever they hire somebody to try to convince their employees they shouldn't unionize — hence the rule's name. Now the administration wants to expand the disclosure to include any time managers receive legal advice on the subject....

”The administration, which has been pushing for the rule since 2011, quietly announced on May 21, right before Memorial Day weekend, that the new version is set to be completed in December….

”The administration has said the rule will be broad, covering all advice that could ‘directly or indirectly persuade workers’ — so basically all communications related to unionizing. The NFIB's Milito says the group expects to have to report every time one of its 350,000 members downloads the labor law legal advice manual from its website….

Please visit this link to read the full report: WashingtonExaminer

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Construction Spending At $1,006.1 Billion Annual Rate — April 2015


Construction spending during April 2015 was estimated at a seasonally adjusted annual rate of $1,006.1 billion, 2.2 percent (±1.5%) above the revised March estimate of $984.0 billion. The April figure is 4.8 percent (±2.0%) above the April 2014 estimate of $960.3 billion.

During the first 4 months of this year, construction spending amounted to $288.7 billion, 4.1 percent (±1.5%) above the $277.3 billion for the same period in 2014.

Please visit this link to read the full report: USDOC-Census

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Purchasing Managers Say New Orders, Production, Employment and Inventories Growing — May 2015


"The May PMI® registered 52.8 percent, an increase of 1.3 percentage points over the April reading of 51.5 percent. The New Orders Index registered 55.8 percent, an increase of 2.3 percentage points from the reading of 53.5 percent in April. The Production Index registered 54.5 percent, 1.5 percentage points below the April reading of 56 percent.

”The Employment Index registered 51.7 percent, 3.4 percentage points above the April reading of 48.3 percent, reflecting growing employment levels from April.

”Inventories of raw materials registered 51.5 percent, an increase of 2 percentage points from the April reading of 49.5 percent. The Prices Index registered 49.5 percent, 9 percentage points above the April reading of 40.5 percent, indicating lower raw materials prices for the seventh consecutive month.

”Comments from the panel carry a positive tone in terms of an improving economy, increasing demand, and improving flow of goods through the West Coast ports. Also noted; however, are continuing concerns over the price of the US dollar and challenges affecting markets related to oil and gas industries."

Please visit this link to read the full report: InstituteForSupplyManagment

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Personal Income and Outlays — April 2015


Personal income increased $59.4 billion, or 0.4 percent, and disposable personal income (DPI) increased $48.8 billion, or 0.4 percent, in April. Personal consumption expenditures (PCE) decreased $2.6 billion, or less than 0.1 percent.

In March, personal income increased $4.0 billion, or less than 0.1 percent, DPI increased $0.5 billion, or less than 0.1 percent, and PCE increased $65.6 billion, or 0.5 percent, based on revised estimates.

Real DPI increased 0.3 percent in April, in contrast to a decrease of 0.2 percent in March.

Real PCE decreased less than 0.1 percent, in contrast to an increase of 0.4 percent.

Please visit this link to read the full report: USDOC-BEA

NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Participation in Government Assistance Programs — 2012


Approximately 52.2 million (or 21.3 percent) people in the U.S. participated in major means-tested government assistance programs each month in 2012, according to a U.S. Census Bureau report . Participation rates were highest for Medicaid (15.3 percent) and the Supplemental Nutrition Assistance Program, formerly known as the food stamp program (13.4 percent).

Children under age 18: Those under 18 were more likely to receive means-tested benefits than all other age groups. In an average month, 39.2 percent of children received some type of means-tested benefit, compared with 16.6 percent of people age 18 to 64 and 12.6 percent of people 65 and older.

The black population: At 41.6 percent, blacks were more likely to participate in government assistance programs in an average month. The black participation rate was followed by Hispanics at 36.4 percent, Asians or Pacific Islanders at 17.8 percent, and non-Hispanic whites at 13.2 percent.

Female-householder families: At 50 percent, people in female-householder families had the highest rates of participation in major means-tested programs. The rates for people in married-couple families and male-householder families were 14.7 percent and 29.5 percent, respectively.

Non-high school graduates: 37.3 percent of people who did not graduate from high school received means-tested benefits. 21.6 percent of high school graduates and 9.6 percent of individuals with one or more years of college participated in one of the major means-tested government assistance programs.

The unemployed: In an average month, 33.5 percent of the unemployed received means-tested benefits in an average month of 2012. By comparison, 25.3 percent of those not in the labor force, 17.6 percent of part-time workers, and 6.7 percent of full-time workers participated in means-tested programs.

Please visit this link to read the full report: USDOC-Census

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NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions.

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