| ”It’s long been said that Human Resources (HR) is a woman’s game. After all, it’s about the soft skills and “touchy feel-y” stuff—the things that women are supposedly great at.
”My entire career reinforces that. Every HR team I’ve ever been a part of has had more many women than men.” Source: Forbes.com |
30 November 2012
• “Why Human Resources Isn't Just For Women Anymore”
• U.S. Payrolls Shrank Thanks to Sandy – October 2012
| Private wage and salary disbursements decreased $17.1 billion in October, in contrast to an increase
of $22.4 billion in September. The October decrease in private wages and salaries reflected work
interruptions caused by Hurricane Sandy, which reduced wages and salaries by $18.2 billion at an
annual rate.
Goods-producing industries' payrolls decreased $3.6 billion in October, in contrast to an increase of $3.9 billion in September; manufacturing payrolls decreased $2.1 billion, in contrast to an increase of $1.8 billion. Services-producing industries' payrolls decreased $13.5 billion, in contrast to an increase of $18.3 billion. Government wage and salary disbursements increased $0.1 billion, compared with an increase of $1.7 billion. Source: USDOC-BEA |
• U.S. Personal Income and Outlays - October 2012
| Personal income increased $0.4 billion, or less than 0.1 percent, and disposable personal income
(DPI) increased $0.8 billion, or less than 0.1 percent, in October. Personal income was 3.1% above the same month a year ago.
Personal consumption expenditures (PCE) decreased $20.2 billion, or 0.2 percent. In September, personal income increased $47.8 billion, or 0.4 percent, DPI increased $42.1 billion, or 0.4 percent, and PCE increased $84.0 billion, or 0.8 percent, based on revised estimates. The October estimates of personal income and outlays reflect the effects of Hurricane Sandy, which made landfall in the United States on October 29. Source: USDOC-BEA |
29 November 2012
• Connecticut’s Hours and Earnings – October 2012
| Hours of Work: The private sector workweek, not seasonally adjusted, averaged 34.0 hours in October
2012, lower by three-tenths of an hour from the September 2012 figure (34.3), and four-tenths of an hour lower
than the level as of last October 2011 (34.4, -1.2%).
Wages: Average hourly earnings at $27.93, not seasonally adjusted, are down 54 cents or -1.9% from the October 2011 hourly amount. The resultant average private sector weekly pay was estimated at $949.62, down $29.75, or -3.0% over the year. Year-to-year change in the Consumer Price Index for All Urban Consumers (CPI-U, U.S. City Average) in October was 2.2%. Source: CTDOL http://www.ctdol.state.ct.us |
• U.S. New Home Sales Down for Month, Up for Year – October 2012
| Sales of new single-family houses in October 2012 were at a seasonally adjusted annual rate of 368,000.
This is 0.3 percent (±18.3%) below the revised September rate of 369,000, but is 17.2 percent (±21.2%) above the
October 2011 estimate of 314,000.
The median sales price of new houses sold in October 2012 was $237,700; the average sales price was $278,900. The seasonally adjusted estimate of new houses for sale at the end of October was 147,000. This represents a supply of 4.8 months at the current sales rate. Source: USDOC-Census |
• USDOL-OSHA Cites Bristol, Conn., Metal Stamping Plant For 30 Serious Safety Violations, Proposes $139,000 In Fines
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“The U.S. Department of Labor's Occupational Safety and Health Administration has cited Associated Spring-Barnes Group Inc. for 30 alleged serious violations of workplace safety standards at the company's Bristol metal stamping plant. The company faces a total of $139,000 in proposed fines for electrical, mechanical, exit access, fall and combustible dust hazards identified during an inspection by OSHA's Hartford Area Office….
”Specifically, OSHA found that combustible dust was allowed to accumulate, two of the plant's dust collection systems lacked controls to prevent or suppress fires and explosions, and three emergency exit routes led through areas where the dust collection systems would vent if a fire occurred. Inspectors also found a variety of machine guarding, electrical and fall hazards; damaged protective gloves; and an improperly stored container of combustible liquid. Finally, the employer did not provide an emergency eyewash, refitted hearing protection for employees who sustained a standard threshold shift in their hearing and a fire extinguisher in an area where combustible aluminum is cut…. ”Associated Spring-Barnes Group has 15 business days from receipt of its citations and proposed penalties to comply, meet informally with OSHA's area director or contest the findings before the independent Occupational Safety and Health Review Commission…. Source: OSHA |
• U.S. Initial Unemployment Claims Down 23k
| In the week ending November 24, the advance figure for seasonally adjusted initial claims was 393,000, a decrease of 23,000 from the previous week's revised figure of 416,000 and down 1.5% from the same week a year ago.
The 4-week moving average was 405,250, an increase of 7,500 from the previous week's revised average of 397,750. The advance seasonally adjusted insured unemployment rate was 2.6 percent for the week ending November 17, unchanged from the prior week's unrevised rate. The highest insured unemployment rates in the week ending November 3 were in Alaska (5.1), New Jersey (4.1), Puerto Rico (3.8), Pennsylvania (3.6), Connecticut (3.2), Oregon (3.1), California (3.0), New York (2.9), Nevada (2.8), Virgin Islands (2.8), and West Virginia (2.8). The largest increases in initial claims for the week ending November 17 were in Florida (+1,534), Michigan (+1,427), Massachusetts (+1,189), Kentucky (+945), and Minnesota (+872), while the largest decreases were in New York (-30,603), California (-26,337), Pennsylvania (-11,451), Oregon (-1,997) and North Carolina (-1,851). Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits. Source: USDOL-BLS |