Jan 20
Snohomish County’s jobless rate saw another promising decline in December to 8.2 percent, the lowest that unemployment has been in the county since December 2008.
The county had 1,830 fewer people who were unemployed last month, lowering the jobless rate 0.5 percent from November, according to a report released Tuesday by the state’s Employment Security Department. November’s revised unemployment rate was 8.7 percent.
About 31,030 people were jobless in the county in December.
Snohomish County’s unemployment rate is now below that of the state, which was 8.5 percent in December.
Manufacturing and retail had the biggest gains in employment last month. Read full post…
Tags: 2008, Level 2008
Jan 20
The fourth quarter 2011 data from the is in and there is good news and bad news about the venture capital industry.
The good news is that the amount of money venture capital firms are investing is on the rise; the bad news is that the number of venture capital funds out there is declining. In the U.S., 38 venture capital funds raised a total of $5.6 billion in the fourth quarter of 2011, representing a dollar increase of 162 percent but a 41 percent drop in the number of funds compared to the third quarter of 2011.
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Tags: Capital, Venture Capital
Jan 19
To address his promise of relieving costly mandates on local municipalities, Gov. Andrew Cuomo has assembled a Mandate Relief Council, which will hold its first meeting tomorrow.
Made up mostly of the governor’s appointees, Sen. Jack Martins, R-Mineola, is the sole Long Islander on the 11-member council.
Martins was one of two appointments made by Senate Majority Leader Dean Skelos, R-Rockville Centre, as temporary president of the senate.
Related stories
- Martins to sit on NY Mandate Relief Council
- Duffy touts $140M in relief for Long Island
- NY group seeks local government mandate relief
Cuomo created the council to address the rising costs facing local governments including pension costs and increasing Medicaid costs. T
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Tags: Council, Mandate Relief, Mandate Relief Council, Relief Council
Jan 18
If you need to renovate your home for which you are still paying an EMI (stands for Equated Monthly installment), instead of a personal loan, opt for a home improvement loan! In fact, whether you are an existing home loan borrower or not, you can still pledge the value of your house for financing the renovation.
Eligibility criteria
The value of money that you can borrow on your property increases according to the number of years you have completed in your loan tenure. The value will be set at around 60-70% of the appreciated value of the property.
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Tags: Home
Jan 13
Photo: Virginia Star
WHAT if Jamie Dimon is right? What if the chief executive of JPMorgan Chase is not just blowing smoke when he complains that the country – and, indeed, the world – has imposed so many new rules on the banking industry, some of them overlapping, others seeming to contradict each other, yet others whose sole purpose seems to be to weigh down the industry, that they threaten to do as much harm as good.
Last summer, Dimon confronted Ben Bernanke, the Federal Reserve chairman, at a conference and asked him: ”Has anyone bothered to study the cumulative effect of these things?” Just last week, during JPMorgan’s earnings call with analysts, Dimon complained that Europe’s ”regulatory policy, government policy, central bank policy – it’s not co-ordinated.
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Jan 09
NEW ORLEANS (AP) — The Alabama defense took no chances in the rematch.
When Jordan Jefferson dropped back to pass, he was swept under by a tide of crimson. When the LSU quarterback took off running, he mustve felt like Alabama had a few extra players on the field.
Courtney Upshaw, Donta Hightower and Co. sure made it seem that way.
With a smothering display of old-school football, the No. 2
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Tags: Beats No, Lsu