Private payrolls increase by 365,000 vs. 600,000 estimate

first_imgA worker wearing a protective mask and gloves assembles face shields at the Cartamundi-owned Hasbro manufacturing facility in East Longmeadow, Massachusetts, on Wednesday, April 29, 2020.Adam Glanzman | Bloomberg via Getty Images – Advertisement – Private job creation showed a sharp deceleration in October as the U.S. economy struggled against a resurgent coronavirus pandemic, according to a report Wednesday by ADP.Companies added 365,000 positions for the month, well below the 600,000 estimate from a Dow Jones economist survey. That was the lowest reported gain from ADP since July.The ADP estimate, done in conjunction with Moody’s Analytics, has varied widely from the government’s official nonfarm payrolls report, particularly during the pandemic. However, the upwardly revised 753,000 in September actually was higher than the Labor Department’s count of 661,000, whereas previous months’ reports were considerably lower than the government’s.- Advertisement – “The labor market continues to add jobs, yet at a slower pace,” Ahu Yildirmaz, vice president and co-head of the ADP Research Institute, said in a statement. “Although the pace is slower, we’ve seen employment gains across all industries and sizes.”The report comes two days before the more closely watched Labor Department tally.Economists expect that report to show growth of 530,000, which would take the total amount of positions brought back since May to nearly 12 million. The unemployment rate is expected to fall two-tenths of a percentage point to 7.7%.However, the gains only make up for a little more than half the 22 million positions lost in the first two months of the pandemic.Economists worry that job creation could slow amid a rise in Covid-19 cases, which increased by 86,507 on Tuesday to bring the pandemic total to 9.3 million, according to the Covid Tracking Project. More than 224,000 Americans have died from the virus and its complications.center_img From a sector perspective, services accounted for almost all the job creation, with 348,000. The hospitality industry, which took the biggest hit during the virus-related shutdown, added 125,000 jobs, while education and health services grew by 79,000 and professional and business services contributed 60,000.Of the 17,000 increase on the goods-producing side, construction and manufacturing each added 7,000 while natural resources and mining rose 3,000.Job creation was split among businesses in terms of size, with companies employing 50 to 499 employees leading with 135,000. Large businesses contributed 116,000 and small firms picked up 114,000.- Advertisement – – Advertisement –last_img read more

Chan confirmed as head of WHO

first_imgNov 9, 2006 (CIDRAP News) – Dr. Margaret Chan, a former Hong Kong health official who has battled H5N1 avian influenza and SARS, easily won election today as the next director-general of the World Health Organization (WHO).Chan received 150 votes in a closed meeting of the 193-nation World Health Assembly, well above the two thirds majority she needed, according to an Associated Press (AP) report. The WHO’s executive board nominated her yesterday to succeed Dr. Lee Jong-wook, who died on May 22. Dr. Anders Nordstrom has been serving as acting director-general.Chan, with the WHO since 2003, has been serving as the director-general’s representative for pandemic influenza and as assistant director general for communicable diseases. Her term as director-general will run until June 2012, according to the Associated Press (AP).In accepting her election, Chan said her top goals will be to improve the health of Africans and of women around the world. She also told reporters she would set her Chinese nationality aside as she works to combat major threats such as avian flu.”I want us to be judged by the impact we have on the health of the people of Africa, and the health of women,” a WHO news release quoted Chan as saying in her acceptance speech. “Improvements in the health of the people of Africa and the health of women are the key indicators of the performance of WHO.”Concluding her speech, she said, “The work we do together saves lives and relieves suffering. I will work with you tirelessly to make this world a healthier place.”Chan is the first Chinese to become the head of a major United Nations agency. China has been accused of being slow to share H5N1 avian flu data and virus samples, especially with regard to poultry outbreaks.Chan promised to use her influence with Beijing in the battle with avian flu, according to an Agence France-Presse (AFP) report.”Now I’m elected as the WHO’s director-general I no longer carry my nationality on my sleeve. I leave it behind,” she was quoted as telling reporters.”I will speak up if some member states need to strengthen their effort, and in this case if you are referring to China I will definitely speak out and urge China . . . to share information,” she said, according to AFP.As Hong Kong’s director of health in 1997, Chan led the city’s effort to stop the first major H5N1 outbreaks in poultry and the first human cases. Her decision to quickly slaughter all 1.5 million poultry in the district has been credited with stopping the outbreak and possibly preventing a major international health crisis.Chan was also in charge when SARS (severe acute respiratory syndrome) spread through Hong Kong in 2003.Infectious disease expert Michael T. Osterholm, PhD, MPH, a leading proponent of pandemic influenza preparedness, praised the election of Chan. He said she provided “outstanding” leadership during the SARS crisis and has “timely and needed” expertise on avian flu.”Margaret Chan understands infectious diseases at the household and neighborhood level, based on her longtime, hands-on public health work in Hong Kong,” said Osterholm, director of the University of Minnesota Center for Infectious Disease Research and Policy, publisher of the CIDRAP Web site. “This type of experience is invaluable in her role now as the leading international public health policy leader. She’s well grounded in the most practical aspects of what the WHO must be doing on a global basis.”See also:Nov 9 WHO news release read more

Return property to its rightful owners

first_imgCategories: Letters to the Editor, OpinionI have a question for Rep. John Faso, who when running for Congress in 2016 spoke of living the American dream. The Constitution Pipeline, who paid you very well in your days as a lobbyist, was denied the water permits by New York state to proceed with their unneeded pipeline. We both were born and raised in New York and we both chose to stay in New York to raise our children and live that American dream. Last August, a federal appeals court upheld New York’s rejection of this unnecessary pipeline. Then in October, a federal court refused to grant the Constitution Pipeline a rehearing on that rejection. Now just last week, FERC rejected Constitution Pipeline’s petition to overturn New York’s ruling. Mr. Faso, I will never forget that it was the company you worked for that badgered and harassed my family for years because of our refusal to give them a piece of our land. This little piece of land that my wife and I worked very hard to acquire in Schoharie County is special to our family and is filled with many memories. Mr. Faso, our American dream never included having a piece of our land confiscated from us to bury a 30-inch natural gas pipeline. We refused the measly one-time payment for the piece of our land that was needed for this unwanted (my opinion) pipeline. As you well know, we were then sued and taken to court. Now some big corporation owns a piece of our land and has most certainly disrupted our American dream. There are many other families who have gone through the same ordeal as we have.This has been going on for about four years now. Time and time again, Constitution has been stopped, blocked and told no. Now back to my question Rep. Faso: Can we have our land back now? Jerry FioreSummit More from The Daily Gazette:EDITORIAL: Urgent: Today is the last day to complete the censusEDITORIAL: Thruway tax unfair to working motoristsFoss: Should main downtown branch of the Schenectady County Public Library reopen?EDITORIAL: Find a way to get family members into nursing homesEDITORIAL: Beware of voter intimidationlast_img read more

Kirstein creates investment manager in bid to broaden client reach

first_imgJesper Kirstein told IPE the main reason his company had decided to split into two in this way was to enable it to be seen as an alternative provider of balanced mandates and project work alongside the main asset management firms.“We feel that as an investment management company we can approach investors we wouldn’t otherwise have been able to,” he said.As things stand, some of the largest investors, for example Danish local authorities, have not seen Kirstein as an alternative to traditional asset managers when putting investment mandates out to tender, he said.“The move also makes it easier to communicate our different value propositions to the clients and avoid misunderstandings of our interests,” Jesper Kirstein said.In future, Kirstein will only advise asset managers, he said.“It’s better for potential conflicts of interest, even though we have addressed this problem before with the code of conduct we wrote, which was signed by the board,” he said.Kirstein used to, among other activities, advise small and medium-sized institutional investors on investment strategy and selection of managers.Most of Spektrum’s clients will be Danish, but the new firm will continue to pitch for Nordic business outside Denmark, Jesper Kirstein said.“Denmark is our main priority,” he said.Spektrum has 12 staff and is providing on-going advice for portfolios with a total value of €4.4bn, the firm said. Danish pensions and investment consultancy Kirstein is splitting into two separate companies as it launches an investment management business.The new company Spektrum Fondsmæglerselskab (fund brokerage) came into being on 1 September as an affiliate of Kirstein.Spektrum will advise and manage portfolios for institutional investors. Kirstein founder Jesper Kirstein will be its chief executive, Andreas Weilby its chief operating officer, and former governor of the Danish National Bank Bodil Nyboe Andersen will become chairman of the board.Kirstein, meanwhile, will continue to advise Danish and international asset managers, the firm said. Anne Mette Lytzen has been appointed as its chief executive, and Jan Willers its COO.last_img read more

Italian pension schemes hit out at government plan for new fund

first_imgItaly’s Social Security Institute (INPS) has proposed the creation of a new “alternative” to second-pillar pension funds in a move that has been strongly opposed by occupational pension schemes.In a speech in Rome last week, INPS president Pasquale Tridico advocated the creation of “a good alternative” to existing second-pillar pension schemes.“To date, as noted by [industry regulator] COVIP, complementary pension scheme membership will soon reach 30%, despite this instrument’s potential,” he said. “This gap could be filled by the creation of a complementary public fund, managed by INPS, as a voluntary and alternative form of complementary private provision, even exceeding the residual participation already planned with FondInps.”The objective, Tridico said, was to ensure prudent management of funds aiming for more channelling of investments within Italy. However, the ambitious proposal was roundly criticised by Assofondipensione, the lobby group for Italy’s fondi negoziali – occupational, industry-wide second-pillar pension funds.In a press release published on Monday Assofondipensione expressed concern about the idea of creating a pension fund directly managed by the INPS.“The proposal risks weakening the complementary pension system, precisely when the sector needs incisive revitalisation interventions”Assofondipensione“The proposal does not seem capable of solving the problem of low pension fund membership but, on the contrary, runs the risk of compromising any initiative aimed at relaunching the system, creating further confusion among potential members,” Assofondipensione said.In its response to Tridico’s plan, the trade body said that, in 20 years of activity, occupational pension funds had accumulated the capacity and organisation that had enabled them to overcome financial crises and achieve a higher return on members’ portfolios than that provided by severance pay allowances.Pension funds were also at the forefront in providing support to the Italian economy, since the most important asset of fondi negoziali was Italian government bonds, the association argued.“These considerations must also be framed in a system that in these last few months is being reshaped following the issuance of the IORP II directive, which has put a series of obligations on the pension funds aimed at an ever greater specificity of skills and roles,” it said. Rome, ItalyAssofondipensione said that, alongside the supervisory authority COVIP and the institutional parties, it had for some time been busy preparing action to boost membership, and had also repeatedly requested talks with the government on launching a promotional campaign.“Therefore the proposal presented by president Tridico risks endangering this delicate balance and weakening the complementary pension system, precisely when the sector needs incisive revitalisation interventions,” it said.In his speech last week, Tridico questioned why, as the largest European social security institution, INPS did not play a significant role in the pension sector.“In 2018, pension funds managed resources €167.1bn, equivalent to 9.5% of GDP, much of which was invested abroad,” he said.last_img read more

GlobeNet and Facebook Team Up on Subsea Link to Argentina

first_imgGlobeNet and Facebook have begun construction of the new submarine cable system GlobeNet announced in May.GlobeNet and Facebook will co-own the system and it will be operated by GlobeNet.Named ‘Malbec’ after the renowned Argentinian wine, the new 2,500 km submarine cable will link the Brazilian cities of Rio de Janeiro and Sao Paulo to Buenos Aires, the capital of Argentina and will have a branching unit to reach Porto Alegre, Brazil.When completed, it will be the first new submarine cable route to reach the Argentinian coast since 2001.“We are excited and proud to work with Facebook,” says Eduardo Falzoni, CEO of GlobeNet. “Argentina deserves state-of-the-art infrastructure to satisfy the pressing demands of the years ahead. This project is a testament to our capabilities, expertise and commitment to the region where we have been operating for 15 years.”Taking advantage of the latest developments in fiber optics, the ‘Malbec’ cable system will feature six fiber pairs, delivering double the current international capacity to Argentina and enabling access to social media content, streaming and cloud services at high speed.Both companies have informed that the contract with the supplier has come into force and confirmed the ready-for-service date for the first half of 2020.last_img read more

Boy with three mums challenges PM (Aust)

first_imgStuff 15 June 2014Orlando Burcham is 11 years old, has three mums, wants to be prime minister one day, and is something of a global phenomenon after giving Tony Abbott a piece of his mind on the subject of gay marriage.The Australian Prime Minister, according to the Cessnock primary school student, is wrong. Orlando wants to meet him to tell him so – boy to man.“He just doesn’t understand. If he’s Prime Minister, he should understand,” he said.Orlando’s letter to Mr Abbott and the reply he received last week went viral after his mother, Cessnock councillor and Liberal branch vice-president Cordelia Troy, put them on her Facebook page.His harsh assessment of Mr Abbott’s opposition to gay marriage – “You were elected to represent our country, not yourself” – was lead the news item on Australian and international websites, including the prestigious US online site The Huffington Post.Orlando’s challenge to Mr Abbott – “Doesn’t our opinions matter to you? Just because you’re the Prime Minister, which by the way does not give you all the power” – became a rallying cry for Australian supporters of gay marriage. read more

Safe Schools Australia? Marxist now a school LGBT adviser

first_imgThe Australian 23 May 2016Family First Comment: Although this is an Australian programme, NZ’s “InsideOut” programme has similar ideology but doesn’t receive the same level of government funding as Australia. However, note the comments of the Safe Schools programme…“Ms Ward, an academic with a degree in gender studies, has become the controversial face of the Safe Schools movement, largely due to her extreme Left political views; including publicly linking the program to a broader Marxist push to liberate society from “gender constructs”. She has also shown some contempt for parents who harbour concerns about the program, which preaches a politically correct approach to sex education and an extreme and contested gender ideology. Ms Ward has previously conceded that Safe Schools was not an anti-bullying program, but rather a means to promote sexual and gender diversity. She has advised school principals that they could dismiss parental concerns about the program with a “tough luck”.”    Roz Ward, the hardline Marxist behind the contentious Safe Schools program, has been -appointed to a high-level committee advising the Victorian govern¬ment on education issues. With the taxpayer-funded sexual and gender diversity ¬program having become a hot election issue, after the Greens and Labor pledged to boost funding, the Andrews Labor government appears increasingly committed to pushing an LGBTI agenda in the schoolyard.Ms Ward, already a director of the Safe Schools Coalition Victoria, has joined the education reference group set up to provide advice on the government’s LGBTI education priorit¬ies and identify new ways to improve equality for gay and transgender youth in schools. The group comes under the mantle of the government’s LGBTI Taskforce, co-chaired by leading transgender activist Brenda Appleton, which provides direct advice to Equality Minister Martin Foley. While the taskforce membership was announced in September, the make-up of its education reference group has not been publicly disclosed. But Ms Ward’s role is detailed on the website of La Trobe University’s Australian Research Centre in Sex Health and Society, where she works.Ms Ward, an academic with a degree in gender studies, has ¬become the controversial face of the Safe Schools movement, largely due to her extreme Left political views; including publicly linking the program to a broader Marxist push to liberate society from “gender constructs”. She has also shown some contempt for parents who harbour concerns about the prog¬ram, which preaches a politically correct approach to sex education and an extreme and contested gender ideology. Ms Ward has previously conceded that Safe Schools was not an anti-bullying program, but rather a means to promote sexual and gender diversity. She has advised school principals that they could dismiss parental concerns about the program with a “tough luck”. And despite having no education qualifications, she has taught elements of the program, designed for the Years 7 and 8 curriculums, to Year 3 children. up with family issues in NZ. Receive our weekly emails direct to your Inbox.last_img read more

Polygamist Mormon sect leader Lyle Jeffs arrested in South Dakota

first_img(CNN) Bishop Lyle Jeffs, leader of the Fundamentalist Church of Jesus Christ of Latter-day Saints, was arrested Wednesday night in South Dakota after almost a year on the run, according to the FBI.Jeffs, 57, is being held in Minnehaha County Jail in South Dakota. The details of his capture were not immediately available.Last July, Jeffs, the brother of notorious FLDS leader Warren Jeffs, escaped house arrest after using olive oil to slip a GPS tracking bracelet off his ankle. At the time of his escape, the FBI warned the pubic that Lyle Jeffs was traveling with bodyguards and was considered dangerous.Jeffs took over leadership of the polygamist Mormon sect after his older brother was arrested on child sex charges related to his underage wives.According to the FBI’s wanted poster, Jeffs was on home confinement while awaiting trial over his alleged involvement in a food stamp fraud case when he escaped.He had been charged with conspiracy to commit benefits fraud and conspiracy to commit money laundering.Jeffs, another brother, Seth, and other conspirators were accused of defrauding the government of more than $12 million from the Supplemental Nutrition Assistance Program — more commonly known as food stamps.Church members were urged to allow the conspirators to use their food stamp cards to buy food, according to court documents.Families that qualified for federal assistance were allegedly told to turn over their food stamp debit cards and take what they needed from a warehouse of pooled resources called “the bishop’s storehouse.”As a result, the federal government alleges, some families subsisted on beans, rice and toast, while high-ranking church members got meat, turkey and seafood.The government also alleges that the Jeffs brothers and others laundered money by swiping food stamp debit cards and ringing up “ghost” purchases at church-friendly businesses. The laundered cash allegedly was used on big-ticket items such as a $30,000 pickup truck, a $14,000 tractor and $17,000 in paper products.An additional $250,000 was allegedly spent on printing costs for Warren Jeffs’ self-published book of jailhouse revelations, “Jesus Christ, Message to All Nations.”A $50,000 reward had been issued for Lyle Jeffs’ arrest. It’s unclear if anyone will be awarded the money.Lyle Jeffs’ church split from the Church of Jesus Christ of Latter-day Saints in the 1930s after the Mormon establishment rejected polygamy.Warren Jeffs took the reins of the sect in 2002 after the death of his father, the church’s founder. He is serving a life-plus-20-year term for sexual assault. Jeffs was convicted in August 2011 of the aggravated sexual assaults of a 12- and a 15-year-old girl who he claimed were his “spiritual wives.”Last year, federal authorities expressed concern that Jeffs, now 61, was reorganizing his sect from prison. FaithInternationalLifestylePrint Polygamist Mormon sect leader Lyle Jeffs arrested in South Dakota by: – June 15, 2017 Sharing is caring! Tweet Sharecenter_img Share Share 73 Views   no discussionslast_img read more

John Wesley Hegwood

first_imgJohn Wesley Hegwood, 80, Greenwood, IN, passed away on June 17, 2019.  He was born on February 16, 1939, in Scottsburg, IN to the late Cletis and Hattie (Doughty) Hegwood.He is survived by his loving wife Gayla; sister Judy (Pete) Doyle and his brother Bill (Diane) Hegwood; his son Mike (Kelly) Hegwood and daughter Jill (Dale) Meyer; his grandchildren Anne (Cole) Pratt, Daniel Fullenkamp, Jack Hegwood, Grace Hegwood, Michael Hegwood and Will Hegwood; and his great-grandchildren Brennan Kerker, Payton Fullenkamp, Jones Pratt and Charlie Pratt.John graduated from Batesville High School in 1957 and Purdue University with a B.S. degree in 1962.  He later attended Xavier University to complete his M.B.A in 1978.   After graduating from Purdue he taught junior high math and science in the Monticello, IN school system.  In 1966 he began a 36-year career with Hillenbrand Industries in their information management systems group.  During that time he worked for Batesville Casket Company and in 1985 helped launch The Forethought Group as vice president of IMS.  John finished his career as a vice president for Batesville Casket in 2002.He married the love of his life, Gayla Gardner, June 22, 1963, and they spent 56 wonderful years together.  While in Batesville, John was very active in the community.  He served on the Batesville Park Board, was active in the Batesville Methodist Church, and considered one of his most proud accomplishments, serving on the CREATE committee, which was instrumental in getting computers in the Batesville Community School System.John enjoyed reading and learning about history, especially about the Civil War period.  He also loved the outdoors, hiking and the serenity of the North Carolina mountains.  He thoroughly enjoyed the annual Hegwood fishing trips to remote parts of Minnesota and the memorable golfing trips with Gay and their friends.  He was always interested in the latest technology and thoroughly enjoyed watching his children, grandchildren, and great-grandchildren participate in their sporting events.After his retirement, John and Gay moved to Lake Lure, NC, and spent many wonderful years together in the mountains, golfing and traveling.  John served on the Board at Rumbling Bald Resort. He and Gay were also very active in the Fairfield Mountains Chapel.In 2016, they moved back to Greenwood to be closer to family.  They attend the Mount Olive Lutheran Church in Greenwood.A Memorial Service will be held at 2:00 PM on Saturday, June 22 at Mount Olive Lutheran Church, 5171 W. Smokey Row Road in Greenwood, with visitation for one hour prior to the service at the church.Memorial contributions may be made to Fairfield Mountains Chapel, 1384 Buffalo Creek Road, Lake Lure, NC 28746 or for his great-grandson Charlie’s cerebral palsy special needs.   Contributions for Charlie can be made to Gayla Hegwood or via PayPal.Me/forcharliesneeds (enter this link into your browser).View full obituary here.last_img read more