US adds 173,000 jobs in August; unemployment rate drops to seven year low

Monday, September 7, 2015

The US economy added 173,000 jobs in August, the Bureau of Labor Statistics reported on Friday. The unemployment rate fell from 5.3 to 5.1 percent, the lowest since April 2008.

Although August job gains were lower than most economists forecast, job growth numbers for June and July were revised upwards by a combined 44,000. Average job gains over the past three months stand at 221,000, compared to March-May’s 189,000 monthly average. Over the past twelve months, job growth has averaged 247,000 per month.

Average hourly earnings rose 0.3 percent, or 8 cents, marking the largest increase in earnings in seven months. Hourly earnings had risen by 6 cents in July. Wages have risen by 2.2 percent over the past year.

Job growth in August was primarily concentrated in the health care and social assistance, financial activities, and professional and business services sectors. Those three areas of the economy added a combined 108,000 jobs. Food service and drinking places employment increased by 26,000 over the month, and other economic sectors saw employment hold steady. Manufacturing, on the other hand, saw employment decline by 17,000 in August. A stronger dollar and worldwide economic weakness make US exports less desirable, leading to a flattening in manufacturing employment so far this year after steadily rising in the early years of the US economic recovery.

The solid overall job gains led analysts to slightly raise expectations for a decision by the Federal Reserve to raise interest rates this month. Investors raised the likelihood of a September rate increase from 26 percent before the jobs report to 30 percent, and stocks dropped by over one percent on Friday. “The payrolls data is certainly good enough to allow for a Fed rate hike in September,” said Deutsche Bank’s head of currency strategy, Alan Ruskin. “The big question is still whether financial market volatility will scupper the plans.”

“This is the first time the market has looked at a Fed meeting and really has no idea what the Fed is going to do,” said Mark Kepner, a New Jersey equity trader with Themis Trading. “Right now you’re looking at the overall uncertainty and that’s what’s hanging on the market. I don’t think this number in and of itself changes how somebody’s going to vote.”

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Canada’s Beaches—East York (Ward 32) city council candidates speak

This exclusive interview features first-hand journalism by a Wikinews reporter. See the collaboration page for more details.

Friday, November 3, 2006

On November 13, Torontonians will be heading to the polls to vote for their ward’s councillor and for mayor. Among Toronto’s ridings is Beaches—East York (Ward 32). Four candidates responded to Wikinews’ requests for an interview. This ward’s candidates include Donna Braniff, Alan Burke, Sandra Bussin (incumbent), William Gallos, John Greer, John Lewis, Erica Maier, Luca Mele, and Matt Williams.

For more information on the election, read Toronto municipal election, 2006.

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Penis Rash Concerns Preventing And Treating Penis Skin Infections

Penis Rash Concerns Preventing and Treating Penis Skin Infections

by

John Dugan

Men of all ages – even those who are not sexually active – are likely to develop a penis rash from time to time. In most cases, a red, itchy penis causes mild to moderate discomfort, but is not a cause for alarm. While it is normal for a penis rash to raise concerns about sexually transmitted disease, the answer is usually far less frightening and more easily dealt with. Daily skin care with penis-specific vitamins and minerals can help to prevent common infections that can cause penis rash, soreness, and itching; however, it is a good idea to be aware of the following penis infections, as well as their causes and the best methods for treating them. Men who experience an ongoing penis rash that does not respond to treatment, gets worse, or is accompanied by flu-like symptoms, should seek medical attention as soon as possible.

Yeast Infection – There is a common misconception that yeast infections are a female issue, but the fact is that men are just as prone to this common condition as women. The candida yeast develops in areas that are warm and moist, especially when the body s natural pH level is out of balance. Yeast infections can cause a red, spreading rash, along with mild to severe itching, and dry, peeling or flaking skin. Candida infections are easily transferred back and forth between sexual partners, so treating them and abstaining from sex until they resolve is necessary.

Avoiding yeast infection is not always possible, but keeping the genital area clean and dry and keeping the skin in balance with natural moisturizers and penile skin nutrients may help to prevent yeast overgrowth resulting in an uncomfortable skin condition.

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Jock Itch – The skin is covered with tiny organisms known as dermatophytes, which comprise a variety of different types of fungi. Most of these organisms are perfectly harmless, but some of them can grow into fungal infections under the right conditions. The fungus known as tinea cruris tends to thrive in warm, moist environments, and when the genital area is not kept clean and dry, a red, spreading, itchy rash can develop. This condition is highly contagious and can be spread through sharing towels or clothing and transferred to sexual partners. Athletes who wear tight, supportive clothing or men who are overweight or sweat easily are more likely to experience this uncomfortable penis rash.

The key to avoiding the symptoms of jock itch is to keep the area clean and dry, wear loose, breathable clothing, as well as treating the skin of the penis with a nutrient formula that boosts the body s natural infection-fighting ability with vitamins such as A, C and D.

Balanitis – This condition is more often seen in men who are not circumcised and is generally related to hygiene issues. Balanitis presents as an itchy rash, reddened skin, burning and swelling. If the urethra (the opening of the penis) is affected, painful urination may occur.

Preventing balanitis requires keeping the penis, and especially the area under the foreskin, clean, dry and well moisturized. Natural antibacterials such as vitamin A can be used to prevent bacterial infections from developing, as well as to soothe irritation and discomfort related to this common penile skin condition, while vitamin C promotes rapid healing and healthy skin tone.

Penis rash prevention and treatment

In addition to maintaining adequate personal hygiene and refraining from sharing items such as towels, clothing and athletic supporters, treating the penis with vitamin products designed to promote healthy skin is suggested. Penis rash and itching can be alleviated through the use of a specialized penis health formula (most health professionals recommend Man1 Man Oil) which contains natural hydrating agents such as shea butter and vitamin E, as well as disease-fighting antioxidants and nourishing vitamins and minerals.

For additional information on most common

penis health issues

, tips on improving penis sensitivity, and what to do to maintain a healthy penis, visit:

penishealth101.com

. John Dugan is a professional writer who specializes in men’s health issues and is an ongoing contributing writer to numerous online web sites.

Article Source:

Penis Rash Concerns Preventing and Treating Penis Skin Infections

Apple introduces iPhone and Apple TV

Wednesday, January 10, 2007

Apple Inc. today has introduced the much-anticipated iPhone at the Macworld Conference in San Francisco.

The iPhone is claimed to be “a revolutionary mobile phone” as stated on the Apple website. The device appears to be running a mobile version of the Apple operating system Mac OSX. It is approximately the same size as a 5th generation iPod, it has a 3.5-inch LCD touchscreen display that is used to access all features of the phone including number dial, as well as making phone calls. The iPhone plays music, movies, displays pictures and is able to connect to a wireless network.

Apple CEO Steve Jobs unveiled the device by walking onto the stage and taking the iPhone out of his jeans pocket. During his 2 hour speech he stated that “Today Apple is going to reinvent the phone, We are going to make history today”.

Today Apple also released their Media Center device – Apple TV. It will directly compete with Microsoft’s Media Center operating system. Apple has taken a different approach to the media center market; rather than storing content (such as movies, music and photos) on the device, Apple TV connects to a computer (Mac and Windows) over a wirless network connection and plays all content stored on that computer. This makes it substantially easier for users to organize their media content.

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University of Calgary scientist Keith cracks carbon capture conundrum

Thursday, October 2, 2008

A University of Calgary research team developed a new method for extracting carbon dioxide (CO2) directly from the air — a fundamental shift in carbon capture technology enabling capture of the most common greenhouse gas from so-called diffuse sources like aircraft, trucks and automobiles that represent half of the greenhouse gases emitted globally.

Professor David Keith, Director of University of Calgary’s (UofC) Institute for Sustainable Energy, Environment and Economy (ISEEE) and a team of researchers from UofC’s Energy and Environmental Systems Group built and operated a prototype system this summer producing results that compared favourably with commercial carbon capture systems. Two ‘provisional’ patents have been filed on the technology but Keith warns there are still “many pitfalls along the path to commercialization.”

Using a process adapted from the pulp-and-paper industry that halves the cost of CO2 air capture in their custom-built tower, Professor Keith and his team captured the equivalent of about 20 tonnes per year of CO2 (approximately equal to the yearly output of one person in North America) directly from the air with less than 100 kilowatt-hours of electricity per tonne of carbon dioxide on a single square metre of scrubbing material.

“This means that if you used electricity from a coal-fired power plant, for every unit of electricity you used to operate the capture machine, you’d be capturing 10 times as much CO2 as the power plant emitted making that much electricity,” explains Professor Keith.

A report co-authored by Keith in the American Chemical Society’s journal Environmental Science & Technology explains “nearly all current research on carbon capture and storage (CCS) focuses on capturing CO2 from large, stationary sources such as power plants. Such plans usually entail separating CO2 from flue gas, compressing it, and transporting it via pipeline to be [stored] underground.”

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Using CO2 air capture technology, “a company could, in principle, contract with an oil sands plant near Fort McMurray to remove CO2 from the air and could build its air capture plant wherever it’s cheapest — China, for example — and the same amount of CO2 would be removed,” says Professor Keith in a UofC press release.

“While it’s important to get started doing things we know how to do, like wind power, nuclear power, and ‘regular’ carbon capture and storage,” Professor Keith continues, “it’s also vital to start thinking about radical new ideas and approaches to solving this problem.”

ISEEE’s Executive Director David Layzell points out that “energy-efficient and cost-effective air capture could play a valuable role in complementing other approaches for reducing emissions from the transportation sector, such as biofuels or electric vehicles.”

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“No H5N1 virus” found in blood tests of suspected human Bird Flu cluster

Thursday, August 3, 2006

Preliminary tests performed on samples taken from six villagers in the Kabanjahe District of Sumatra in Indonesia have tested negative for the deadly H5N1 Avian Flu virus.

“Investigations by the ministry of health lab and Namru, too, on August 2 and 3 on all specimens collected from the suspected cases in Kabanjahe district came up negative,” said Indonesia’s health minister, Siti Fadilah Supari.

Final test results are expected in at least seven days from the Center for Disease Control (CDC) in Atlanta, Georgia. “The World Health Organization (WHO) requires human samples to be sent to one of WHO’s six collaborative centres. So, we only need to send them to CDC Atlanta as it has worked with the U.S. NAMRU-2 lab here,” added Supari.

Supari also stated that all individuals are suffering from the “common flu.”

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Pros And Cons Of Installing A Low Wind Generator

Submitted by: K. Purdenn

In these times where the financial crisis has forced people into finding new ways to save their hard earned money. One way that is commonly used now is using alternative energy sources to power their homes. And one of the most popular methods of using renewable forms of energy is wind turbines, particularly low wind generators.

Vertical wind turbines, also known as vertical axis turbines are wind power generators that have the gearbox and generator placed at the base and the main rotary shaft installed vertically. This is an efficient wind turbine design as it can be a low speed wind generator that can operate on minimal amounts of wind currents. Though there are certainly advantages in using this design but there are also disadvantages.

The most obvious advantage that a vertical wind turbine has is that it does not need to be pointed at the direction the wind is blowing from in order to be effective. In places where the wind may come from a bunch of different directions this type of turbine can be very useful. This makes the vertical axis wind turbine very flexible in terms of where they can be installed. They don t need to be installed in a wide open space or on a high mounting point.

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When there are low wind speeds, the horizontal wind turbines can be hard to spin. However, this is not a problem for vertical wind turbines, with their long and curved blades that are designed to be able to be pushed by very minimal amounts of wind. So on days where the air seems still you can still expect the vertical design turbine to produce electricity for you.

Another great advantage of the vertical wind generator is that there s no need to install it atop a tower. Since they can still work in highly turbulent winds they can be installed on the ground, making repairs and maintenance a whole lot easier since there s no need to climb up a very tall tower.

The drawback with installing it on the ground is that the wind is slower, so the effectiveness of the turbine will also decrease. Though the blades can still spin in low speed winds, the electricity that is produced isn t that much. And installing it on a tower will be difficult given its unwieldy design. Another previous disadvantage a vertical wind turbine has is the pulsating torque. This happens when opposing winds are blowing on both sides of the rotator shaft. Since the blades are light, they will tend to go in the direction it is going, but if the directions are opposite each other then there is torque produced. This can reduce the efficiency of the turbine by damaging the blades. But the good thing is that in new models of vertical wind turbines this is no longer a problem.

So having seen the advantages and disadvantages of a low wind generator you can see that the pros of this type of renewable energy source far outweighs the cons. So why not give it a try? Everyone needs to save money anyway, why not you?

About the Author: Are you ready to start generating your own energy? You can start building your own wind

turbine

as soon as this weekend by learning the information

here

.

Source:

isnare.com

Permanent Link:

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US president Obama, Congress call for blocking of executive bonuses at AIG insurance company

Wednesday, March 18, 2009

United States President Barack Obama stated Monday that insurance giant AIG is in financial trouble due to “recklessness and greed,” and called for legal action to stop the company from giving out millions of dollars in bonuses to its executives.

“It’s hard to understand how derivative traders at AIG warranted any bonuses, much less $165 million in extra pay,” Obama said. “How do they justify this outrage to the taxpayers who are keeping the company afloat.”

Obama’s statement comes after reports surfaced last weekend saying the insurance agency, which is in deep financial trouble, had paid US$165 million to executives in bonuses, after receiving $170 billion as part of a government bailout plan.

AIG has said that the bonuses have to be given out, as the company is legally required by contract to do so. A representative with the National Economic Council, Lawrence H. Summers, also said that the bonuses were required to be given out. If AIG had refused to give out the bonuses, employees could file a lawsuit against the company for the money.

“We cannot attract and retain the best and the brightest talent to lead and staff the A.I.G. businesses — which are now being operated principally on behalf of American taxpayers — if employees believe their compensation is subject to continued and arbitrary adjustment by the U.S. Treasury,” AIG CEO Edward M. Liddy said in a letter addressed to Treasury Secretary Timothy F. Geithner on Saturday.

Liddy said that he asked Geithner “to use that leverage and pursue every legal avenue to block these bonuses and make the American taxpayers whole.”

“I want everybody to be clear that Secretary Geithner’s been on the case,” Obama said. “He’s working to resolve this matter with the new CEO, Edward Liddy, who, by the way, everybody needs to understand, came on board after the contracts that led to these bonuses were agreed to last year.”

If the bonuses cannot be stopped, the U.S. Congress says they want AIG to reimburse the government. Congress is looking to impose stiff new taxes on the pay, or ordering the company to return the money which was originally granted from a government bailout. In a letter to House Speaker Nancy Pelosi on Tuesday, senator Richard Shelby promised that the treasury will recover all of the money. Several U.S. senators along with Liddy have sent letters to AIG asking for the bonuses to be renegotiated, something AIG agreed to and says they will reduce future bonuses by 30%. Senators state that if Libby does not respond by renegotiating the bonuses, the Senate Finance Committee will propose an excise tax. Not only will an excise tax be proposed on AIG, but all companies receiving bailout money and their employees who receive bonuses.

What is the highest excise tax we can impose that will stand up in court? Let’s find out.

Numerous House Democrats have introduced legislation which would place a 100% tax on any bonuses of over $100,000 from companies that are receiving government bailout funds. Meanwhile in the Senate, a bipartisan proposal by Max Baucus (D-Montana) and Charles Grassley (R-Iowa) would levy a special 90% excise tax on AIG’s bonuses. Asked Senator Baucus, who chairs the Senate Finance Committee: “What is the highest excise tax we can impose that will stand up in court? Let’s find out.”

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Von D from “LA Ink” TV series sets world record for tattooing

Wednesday, January 9, 2008

Realising how visual a medium tattooing is, tattoo artist Kat Von D of TV series LA Ink set a world record while raising funds to fight childhood blindness. In 24 hours, Von D tattooed 400 people with an “LA” logo, in her West Hollywood, California tattoo shop.

The December event at High Voltage Tattoo drew 1000 people in line, although only 400 could get the image emblazoned on them, for a $20 donation. Most learned of the event through her MySpace profile. In all, the funds raised will help 32,000 children’s eyesight, through Vitamin Angels.

Vitamin Angels is the only organization in the world solely dedicated to eradicating vitamin A definciency among children, with the goal of warding off youth blindness by 2020. The year 2020 is chosen because perfect vision is described as “20/20“.

First in line at the event was Jose Flores, who had camped out in front of the store since 7:15 the previous evening. Doors didn’t open until 10 am, and Flores didn’t get the tattoo until Von D was done with her friends and family, including internet celebrity Jeffree Star.

A Guinness World Records official was scheduled to attend, but was caught in a snow storm.

Katherine Von Drachenberg told the Los Angeles Times that, as a teenager, she “be at the mall and parents would grab their kids and be like, ‘Honey!’ It was like that scene in Pretty Woman, where the women on Rodeo Drive think Julia Roberts is going to shoplift. Now people just come up to me more out of curiosity — everyone from grandmas to soccer moms.”

The record setting event was filmed for LA Ink, a series that airs Tuesday nights on TLC in the United States. The series is a spin-off of Miami Ink, a series featuring Von D’s previous place of employ, before she set off on her own.

The series’ second season started last night, however that particular episode will air March 4.

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