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It's a sign of the times: an increasing number of states are running out of money to pay unemployment compensation benefits.

Seven states have already depleted their employment insurance trust funds, according to the National Conference of State Legislatures (NCSC). Another 11 states are in danger of running out of money by the end of 2009.

What's more, states have borrowed $2.3 billion in emergency money from the U.S. government - - money that must be paid back - - to pay for unemployment compensation.

Continue reading Tell-tale stat: States' unemployment compensation funds running low

Tell-tale stat: States' unemployment compensation funds running low originally appeared on BloggingStocks on Wed, 11 Feb 2009 15:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>continuing claimsfull employmentinthenewsjobsNational Conference of State LegislaturesU.S. Labor Departmentunemploymentunemployment compensationunemployment ratesWed, 11 Feb 2009 15:00:00 EST<![CDATA[Bernanke boosts Fed's transparency]]>http://www.bloggingstocks.com/2007/11/14/bernanke-boosts-feds-transparency/http://www.bloggingstocks.com/2007/11/14/bernanke-boosts-feds-transparency/http://www.bloggingstocks.com/2007/11/14/bernanke-boosts-feds-transparency/#commentsFiled under: , , , , ,

The initial analysis regarding U.S. Federal Reserve Chairman Ben Bernanke's major changes to the Fed's communication strategy is that the changes, via increased information, will enhance the market's ability to identify and analyze Fed policy.

Bernanke, who announced the changes during a speech Wednesday, said the Fed will now:
  • publish economic forecasts quarterly, up from semi-annually. (These reports will include forecasts for economic growth, unemployment and inflation.)
  • publish a 3-year horizon analysis, up from a 2-year analysis, and this section will also include "a narrative" that summarizes the views shaping the outlook, as well as the breadth of views among Fed governors.
  • publish a price gauge prediction for headline inflation (which includes food and energy costs), as well as a prediction for core inflation.

Continue reading Bernanke boosts Fed's transparency

Bernanke boosts Fed's transparency originally appeared on BloggingStocks on Wed, 14 Nov 2007 14:45:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>business cycleconsumer price indexCPIFederal Reservefull employmentGDPhousinginflationinflation targetinterest ratesinthenewsmonetary policymortgagesPPIprice stabilityproducer price indexU.S. CongressU.S. economyU.S. Federal ReserveunemploymentWed, 14 Nov 2007 14:45:00 EST