Four graphs that tell the story of jobs during the Obama administration – as Donald Trump prepares to be President

Yet one of the ironies of Trump’s campaign is that Barack Obama has presided over an almost complete recovery in the US jobs market – with one vital exception.Obama took office on 20 January 2009 and immediately had to start fighting the global financial crisis. These four graphs tell the story of jobs under Obama to mark the final non-farms payroll release of his eight-year tenure.The unemployment rateFew economic numbers are more important, and in few major economies has the recovery from the financial crisis been so complete. The unemployment rate stood at 4.6 per cent in August 2007 under George W. Bush.It soared during the crisis, but has since steadily fallen back to the same sustained level at the end of 2016. A deep crisis did not turn into a lasting depression. Total employmentAs unemployment soared in 2008 the total number of employed workers plummeted to 138m, out of the total population at that time of 306m.Yet in the seven years since the US has got back on track, with the number of Americans in employment finally surpassing 2007 levels in 2014. Since then the number has continued to rise almost without interruption. Jasper Jolly Labour force participationAnd yet Trump still won the presidency. With the jobs market threatening to reach full employment – where workers are being used in the most efficient way possible – the level of economic disillusion might be puzzling.The graph that offers one of the most likely explanations is the labour force participation. By this measure, the last decade has been disastrous for the US – and Trump’s campaign seized on it as their concrete measure of US economic decline.If the US President were elected by the labour force alone things might have been different, but politicians everywhere will see the lesson here: focusing on headline rates doesn’t necessarily win elections. Friday 6 January 2017 4:29 pm Four graphs that tell the story of jobs during the Obama administration – as Donald Trump prepares to be President Wage growth Wage growth suffered a pronounced dip as the financial crisis took hold – which is hardly surprising.However, in the latter half of Obama’s presidency wage growth has started to trend higher, but still remains below the levels the US worker had been accustomed to over decades. whatsapp US President-elect Donald Trump will come to office in two weeks’ time with the promise to “create a dynamic booming economy that will create 25 million new jobs over the next decade.” He might struggle.So far this has mostly taken the shape of tweeting at various companies planning to outsource production jobs to other countries, with a protectionist mix of tariff stick and tax giveaway carrot used to make companies an offer they can’t refuse. whatsapp Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndoMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldUndomoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comUndoWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped SpeedUndoMedical MattersThis Picture Shows Who Prince Harry’s Father Really IsMedical MattersUndo read more

Patchy regulation prevents the world from reaping the full benefits of the markets

first_imgYet we cannot assume the job is done.Populism, protectionism, reform fatigue and, yes, Brexit too, still pose real risks. We must maintain a regulatory framework that can react to new innovations and problems, increasing benefits for businesses and consumers, while protecting us from systemic risk.That is why the International Regulatory Strategy Group (IRSG) – a network of UK-based financial services leaders that I chair – is today launching a new report on global regulatory coherence. This document is a call to arms to the City to look beyond Brexit and address the vital questions of global regulation.Our report highlights success stories from a coordinated international approach to regulatory issues.One example is the regulation of over-the-counter (OTC) derivatives, the so-called financial weapons of mass destruction. Patchy regulation prevents the world from reaping the full benefits of the markets Share   Ten years ago today, the world woke to the news that yet another bank had collapsed. whatsapp In 2009, global regulators formed the OTC Derivatives Regulators Forum, allowing them to share knowledge, agree on approaches, and defer to each other’s judgement in the supervision of cross-border business. As a result, the regulation of OTC derivatives is better, safer, and more efficient. But there is still more to be done.Patchy implementation prevents the world from reaping the full benefits. Approaches that create unnecessary market fragmentation add to costs. Technological advances – from blockchain to AI and beyond – throw up new challenges for global regulation. New risks require new responses.The UK’s financial services industry must take part in this conversation. While politicians and regulators will make the final decisions, they need detailed market knowledge and practical insight to make effective regulation.Private sector engagement can help create effective solutions to emerging risks, and ensure that consumers continue to benefit from global markets.The IRSG is recommending that the UK government, regulators, and industry intensify their engagement at the global level. For our part, we will establish a new committee on global regulatory coherence to develop ideas to help shape the international agenda, and support UK engagement. whatsappcenter_img We believe that well-regulated global markets are in the interests of businesses and their customers. We also believe that business must play an active role in shaping global regulation.The City, therefore, stands ready to work with UK and global regulators to ensure that financial services play their role promoting a global Britain. Tags: Bank of England Brexit FCA Mark Carney People Washington Mutual was the latest casualty in what became the worst financial crisis since the Great Depression.Those events have cast a long shadow. Governments, businesses, and households have had to tackle the legacy of that crisis.As well as repairing the damage from the crash, policymakers have focused on reforming regulation to reduce the risk posed by a global financial system.We now have an enhanced and coherent international framework for financial regulation, which has made great strides in addressing the risks of market fragmentation, regulatory arbitrage, and global financial instability, while improving efficiencies for the benefit of the real economy.The UK has played a leading role in these reforms, and ensuring its effective implementation at home and abroad. Successive chancellors have promoted multilateral solutions to the risks posed by global financial services, while preserving their benefits for consumers. Mark Carney’s chairmanship of the Financial Stability Board has made a real difference. The Treasury, the Bank of England, and the FCA have all led from the front. 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Quick Take: Beasts of the Southern Wild

first_imgFilmUncategorizedQuick Take: Beasts of the Southern WildThe fantastic and fantastical indie film hits DVDBy Steve Erickson – December 4, 2012415ShareEmailFacebookTwitterPinterestReddItPhotograph courtesy Beasts of the Southern WildAgainst the backdrop of a Katrina-like storm and with a dash of magical realism, first-time feature director Benh Zeitlin and writer Lucy Alibar’s Beasts of the Southern Wild (Fox Searchlight, $30) already has taken up residence on most ten-best-of-the-year lists before the year is even over. At the center of its troupe of bayou nomads is the preposterously preternatural Quvenzhané Wallis, nine years old and the powerhouse to beat for Best Actress. TAGS2012December 2012L.A CultureMoviesPrevious articleMusic Video Monday: Flying Lotus – “Tiny Tortures”Next articleIt Happened This Week in L.A. History: Black and White and Read All OverSteve Erickson RELATED ARTICLESMORE FROM AUTHORArcLight Cinemas and Pacific Theatres Are Permanently Shutting DownL.A. Movie Theaters Can Reopen Next Week—but Some Cinemas Aren’t Quite Ready‘The Raw Materials Were Her Life’: The New Billie Eilish Documentary Shoots for Storytelling with No Filterlast_img read more

Lee County pelicans injured after illegal fish carcass disposal

first_imgIt’s an ongoing problem that both Lee County and FWC said is not only illegal but one that avian experts said is permanently changing bird behavior. “It’s just an easy food source. So imagine you are wildlife, suddenly there is a novel source of food in bigger amounts that is easier to get, you are gonna go for it,” said Kara Lefevre, who studies bird behavior at FGCU. AdvertisementDespite the obvious signs, fishermen were caught on camera hurling leftover carcasses to Pelicans just last week. Barbara Kavanaugh, a volunteer with CROW said instances like these have led to tragedy. A few weeks ago, a Pelican had to be humanely euthanized by CROW after it got caught in the carcass disposal machine at Punta Rassa. “The boat captains, they are asking for help. They don’t want to see this behavior, they don’t want tourists to see.” Kavanagh said.  Proposed changes at Naples Pier aim to protect pelicans June 16, 2021 Advertisement Wildlife officers investigate injured Manatee County pelicans February 16, 2021 RELATEDTOPICS ‘Arvy’ the Pelican recovering from frostbite in Florida February 8, 2021center_img Advertisement LEE COUNTY, Fla. – The Punta Rassa Boat ramp turned into a Pelican Battlefield with the prize being more than half a dozen fish carcasses that were thrown into the water. FWC says it’s illegal to toss fileted fish in the water, but it still happens. Enzo Cherqua is a charter fisherman, and the owner of Enzo Outdoors, a charter that launches out of Punta Rassa. He knows that it’s illegal to feed the birds, but said other fisherman still do it. “Whether it’s the sheriff, FWC, Coast Guard… they are so darn busy. They just cant keep an eye on everything,” Cherqua said.  AdvertisementTags: fish carcassPelican AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 commentslast_img read more

BoC invites comments on bank note design

first_img Share this article and your comments with peers on social media Counting down the nickel The consultation stems from a review the BoC conducted for the process used to select, develop and design the visual content for the polymer series of bank notes. The review concluded that Canadians should have increased participation in the design process for the next series. This consultation seeks to solidify the foundation upon which the visual content — theme, subject matter and images — will be developed in the future. The Bank of Canada Wednesday announced that it is inviting Canadians to comment on the principles that guide the design of the country’s bank notes. The consultation, which will take place until November 10, is a way for Canadians to contribute in an unprecedented way to the design of future bank note series. Canadians can participate in an online survey by visiting the central bank’s Principles for Bank Note Design web page. The BoC says it will publish a summary of the comments received before the end of the year. Time to spend your $25 bills Keywords DollarCompanies Bank of Canada center_img IE Staff Related news Trump says U.S. should start manipulating the dollar Facebook LinkedIn Twitterlast_img read more

Execution Access settles with OSC

first_imgMFDA bans former rep for recommending unsuitable strategy Keywords EnforcementCompanies Ontario Securities Commission Related news PwC alleges deleted emails, unusual transactions in Bridging Finance case BFI investors plead for firm’s sale Mouth mechanic turned market manipulator New York-based Execution Access LLC will pay almost $1 million to settle allegations that it operated an institutional fixed-income trading platform in Canada without proper registration, the Ontario Securities Commission announced Friday. James Langton Share this article and your comments with peers on social media An OSC hearing panel approved a settlement agreement that will see the U.S. firm make a voluntary payment of $970,000, along with $25,000 in costs to settle allegations that it violated securities rules by allowing Canadian firms to use its platform for trading U.S. Treasuries without registering as an exchange or investment dealer. The firm, which operated the Nasdaq Fixed Income trading system (formerly known as eSpeed), facilitated the matching of client orders for firms in Ontario, including banks, brokers and prop trading firms. In doing so, it “operated a marketplace in Ontario without either obtaining an order recognizing it as an exchange… or registering as an investment dealer so it could operate as an alternative trading system,” the OSC settlement says. In approving the settlement, the panel noted that the agreed sanctions were reasonable. It also said that there were no client losses, or complaints, and that the firm co-operated with the OSC once it became aware that it was operating without approval. “Since staff advised the [firm] that it was operating without recognition or registration, the [firm] has co-operated with staff of the market regulation branch to regularize its operations,” the settlement says. Photo copyright: aruba2000/123RF Facebook LinkedIn Twitterlast_img read more

Flood defence work starting across York

first_imgFlood defence work starting across York New larger floodgate to be installed under Lendal Bridge to better protect businesses and roads in the cityNew flood wall being built in Bishopthorpe to reduce flood risk in villagePreparation work also starting in Marygate area (including Museum Gardens), as well as plans for work on Terry Avenue (by Rowntree Park)Work is starting this week under Lendal Bridge on Wellington Row to prepare for the installation of a new, larger floodgate and construction has begun on Chantry Lane in Bishopthorpe.Preparations are also being made for the start of work in the Marygate area and Museum Gardens, as well as on Terry Avenue near Rowntree Park.Lendal BridgeThe Lendal Bridge floodgate installation is the last stage of the Environment Agency’s work from Ouse Bridge to Scarborough Bridge on the station side, which has included raising defences along North Street Gardens and Memorial Gardens.This section of the flood scheme better protects 39 homes and businesses from flooding, as well as access roads.BishopthorpeThe Bishopthorpe work includes the construction of a 180 metre-long flood wall running along Chantry Lane and the boundary of the palace grounds, incorporating a six metre-deep steel barrier underground; a floodgate across the bottom of Chantry Lane and water flow mechanism.This reduces the risk of flooding to 117 properties, as well as Main Street, therefore helping to protect access for residents in the south of the village.MarygateElsewhere in the city, a site compound will be built in Marygate car park from Monday 10 May to facilitate the raising of the flood embankment in the Museum Gardens, as well as increasing the height of the flood walls and gates between Scarborough Bridge and Museum Gardens, including installing glass panels on top of the defences along Earlsborough Terrace.The work will reduce the risk of flooding to 57 homes and businesses in the Marygate area.ClementhorpeA site compound was established on the playing field in Rowntree Park last month to enable construction work to take place on the Clementhorpe section of the scheme, between Skeldergate Bridge and Millennium Bridge.Construction on Terry Avenue will include complex underground work, with a 240 metre-long and six metre-deep semi-permeable barrier being installed in order to prevent flood waters seeping through the ground and undermining overground flood defences. This work will require large machinery to be used that requires appropriate safety precautions to be taken.To ensure the safety of the public, a section of Terry Avenue will be closed from Skeldergate Bridge to just before the entrance to Dukes Wharf. The closure date is yet to be confirmed by the Environment Agency’s contractors but is currently expected to start on Monday 17 May and take 12 months.Once completed, the Clementhorpe section of the flood scheme will provide improved flood protection to 135 homes and businesses.The Environment Agency has worked with City of York Council and the community to create suitable diversion routes. The routes were reviewed and approved by an independent road safety auditor, before being submitted to the council for their review and approval.Ben Hughes, director of the Environment Agency’s York Flood Alleviation Scheme, said:This is a big month for the York Flood Alleviation Scheme. We’re very pleased that further work is starting to reduce the risk of flood to homes and businesses, as well as infrastructure. It’s great news for the city.We understand that parts of the work could be inconvenient for some people, including walkers and cyclists who use the riverside route, but the York Flood Alleviation Scheme essential for long-term resilience of the city, which, as we’re all too aware, is prone to flooding.In total, the Environment Agency is investing £45 million in the York Flood Alleviation Scheme to better protect 2,000 homes and businesses in the city from flooding. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:car, community, council, director, environment, Government, infrastructure, resilience, road safety, running, Safety, Scarborough, steel, the Entrance, UK, UK Government, Water, Wellington, Yorklast_img read more

Driving a strategic response to DFV | Policing domestic and family violence

first_imgDriving a strategic response to DFV | Policing domestic and family violence As the understanding of the complexities of domestic and family violence (DFV) increases, so too does the capability of the Queensland Police Service’s (QPS) response. The Domestic, Family Violence and Vulnerable Persons (DFV&VP) Command was established earlier this year. Evolving from a previous State Unit, the Command is made up of a group of specialist officers who are tasked with driving the QPS’ strategic response to DFV.As a project coordinator, Acting Senior Sergeant Rowena Hardiker liaises with partner agencies, support services and officers on a daily basis to inform how the QPS can best respond to and prevent DFV within our community.“It’s about recognising the opportunities to improve our response – whether that’s through policy, process, training and services for both victims and front line police,” Acting Senior Sergeant Hardiker said.Acting Senior Sergeant Rowena Hardiker works within the Domestic, Family Violence and Vulnerable Persons Command Having previously worked in various places across the state, it was while embedded as a specialist Domestic and Family Violence Liaison Officer in the regional community of Normanton where Acting Senior Sergeant Hardiker really saw the first hand impacts of domestic and family violence on individuals, families and the community“As a regional police officer, you are a part of the community. You live in the area, your kids go to school at the local school and you really feel the effects of these complex and deep seated issues,” she said.“It also makes you really invested in making a difference as you can see how police work can positively influence individuals, families and the broader community.”Holding specialist domestic and family violence roles in both Normanton and Mount Isa, Acting Senior Sergeant Hardiker began to establish connections with both victims and offenders, looking closely at the behaviours and characteristics associated with DFV and the power of a cross agency response.“In Mount Isa, I worked in – what at the time was – the newly establish High Risk Team. We had amazing interagency relationships which really improved the outcomes for victims and offenders to make a real difference,” she said.“Living and working in the community you get to see the individual outcomes, the impact on people’s lives and how important sharing information is so all services can be working towards the same goals and, more broadly, the prevention of DFV.”Now embedded within the DFV&VP Command, Acting Senior Sergeant Hardiker, brings specialist operational knowledge to help drive the QPS’ state-wide DFV response strategy.Watch on YouTube “Our role is to be the QPS voice at the inter-departmental and inter-unit conversations which are happening all the time and are vital to ensuring that we are constantly improving our response,” she said.“We also ensure that that a DFV lens is placed over everything we do as a Service so that no decisions are made in isolation and that all effects on victims and perpetrators are considered.“We are committed to continuous learning, proactively reviewing processes and procedures to ensure our response protects victims and holds perpetrators to account.”Read more in our Policing domestic and family violence series:The DFV specialists supporting first responders – inside the Triple Zero (000) response to DFVSupporting victims post-crisis – behind the scenes of our Domestic and Family Violence and Vulnerable Persons Units A wrap around response for victims – inside the Logan High Risk TeamIf you or someone you know is experiencing domestic and family violence, you should report it to police.Support and counselling is available from the following agencies:DVConnect Womensline: 1800 811 811DVConnect Mensline: 1800 600 6361800 RESPECT: 1800 737 732More information is also available from the Queensland Government Domestic and Family Violence portal. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, community, domestic and family violence, family violence, Government, isolation, Logan, Mount Isa, Normanton, outcomes, police, prevention, project, QLD, Queensland, Queensland Police, Rowena, violencelast_img read more

Labour’s car tax will unfairly punish New Zealanders

first_imgLabour’s car tax will unfairly punish New Zealanders The New Zealand National PartyThe Government’s car tax will unfairly punish Kiwis who don’t have the option right now of switching to an electric vehicle, National’s Transport spokesperson Michael Woodhouse says. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:car, Electric, electric vehicle, Government, New Zealand, New Zealand National Party, nzpol, tax, Transport, vehiclelast_img read more

Alfa Giulia won’t get manual gearbox in North America

first_img PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca Created with Raphaël 2.1.2Created with Raphaël 2.1.2 2017 Alfa Romeo Giulia Quadrifoglio advertisement The Rolls-Royce Boat Tail may be the most expensive new car ever Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” COMMENTSSHARE YOUR THOUGHTS We’ve barely met the Alfa Romeo Giulia – and it’s certainly made a stellar first impression – but Alfa has already broken our hearts.That’s because, according to Car and Driver, Alfa Romeo won’t sell the Giulia Quadrifoglio with a six-speed manual transmission which, incidentally, is standard fare in Europe.Alfa is chalking this one up to generally low take-rates for manual transmissions in North America as a whole, meaning the only way to experience the Guilia Quadrifoglio’s 505-horsepower, twin-turbo V6 is through an otherwise slick eight-speed automatic. Still, the BMW M3 and Cadillac ATS-V – two of the Gilua Quadrifoglio’s main competitors – offer a six-speed manual. They might not sell a lot, but perhaps Alfa is missing out on a slice of that pie. However small it may be. center_img We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. Trending Videos Trending in Canada See More Videos RELATED TAGSAlfa RomeoGiuliaNewsAlfa Romeo SpAAutomotive ReviewsAutomotive TechnologyBMW M3Car and Driver MagazineCars and Car DesignCulture and LifestyleEuropeGiulia QuadrifoglioNorth AmericaPassenger CarsScience and TechnologySports CarsTechnologyVehicle Control ‹ Previous Next ›last_img read more