VERMONT’S JOB GROWTH REMAINS SLOW, BUT POSITIVE. UNEMPLOYMENT AT 4.9% IN MAY.Montpelier — The Vermont Department of Labor announced today that the seasonally adjusted unemployment rate for May 2008 was 4.9 percent, up five-tenths of a point from the revised April rate of 4.4% and up 1.1 points from a year ago.”Vermont’s continued job growth is insufficient to hold down our growing unemployment rate,” said Patricia Moulton Powden, Commissioner of the Vermont Department of Labor. “This is to be expected in a national environment where unemployment is growing rapidly and the national economy continues to shed jobs. In addition, the seasonal transition in Vermont’s labor market from April to May can be quite volatile depending on weather. This can lead to rapidly changing labor statistics. We should have a better picture of the State’s labor market in the June numbers.”Vermont’s observed seasonally adjusted monthly changes in unemployment levels and unemployment rate are statistically different from April values. For comparison purposes, the US seasonally adjusted unemployment rate for March was 5.5 percent, up a similar five-tenths of a point from April 2008. Unemployment rates for Vermont’s 17 labor market areas ranged from 2.8 percent in Hartford to 6.4 percent in Newport. Local labor market area unemployment rates are not seasonally adjusted. For comparison, the unadjusted unemployment rate for Vermont was 4.6 percent, down four-tenths of a point from April 2008.Jobs Data (Vermont’s job count estimates are produced from a statewide survey of business establishments conducted under the Current Employment Survey (CES) – a cooperative effort with the US Department of Labor, Bureau of Labor Statistics.)Seasonally adjusted job levels grew by 1,200 or 0.4% over April, but remain flat over the year. Most of the growth came from the construction sector: +900 jobs or 6.1% but the sector remains down considerably on an annual basis (-600 jobs / -3.5%). We see the monthly gain as due to a slow start in April rather than a strong May. For similar reasons the Accommodations and Food Services sector shows a strong monthly decline (-600 jobs / -2.0%) What was bad weather for construction kept the ski resorts operating longer in April – thus the decline in May looked worse than is typically expected.Before seasonal adjustment, Total Non-Farm jobs grew seasonally by 4,500 jobs 1.5% from April to May.. Annual unadjusted job growth remains sluggish at +0.1%. Seasonal job gains were seen in construction (+2,400 / 16.4%), but the segment remains in decline showing a 650 job annual loss or -3.7%. Retail Trade jobs grew by 700 in May, but this seasonal boost was not enough to overcome annual job losses of 200 or -0.5%. Professional & Business services grew by 500 over the month and 150 or 0.7% over the year. Arts Entertainment & Recreation grew 700 jobs over the month offsetting a 700 job loss in Accommodations & Food Services. Local Government Education gained jobs in May, but this is almost certainly a school vacation scheduling issue.
Who Will Invest in Clean Energy? Big Money Will FacebookTwitterLinkedInEmailPrint分享Bloomberg New Energy Finance:People who invest in the world’s energy systems often want to know how many trillions of dollars will be needed to finance renewable energy and natural gas. One way to find the answer is to look at what those who have already invested trillions of dollars want to happen as the world transitions to a lower-carbon power system and electrifies transportation.A look at the numbers shows that the first thing they want is scale. The 10 largest institutional asset managers each manage more than $1 trillion; the largest, BlackRock Inc., manages nearly $6 trillion. Trillions of dollars of investor supply naturally need trillions of dollars of asset and company demand.Fortunately for energy, it has such a demand. Bloomberg New Energy Finance estimates that zero-carbon power generation will attract almost $9 trillion in investment between now and 2040.Increasingly, the suppliers of that institutionally managed money want to know how their portfolios will affect climate change. Earlier this year, David Fickling took a smart look at the largest asset managers and found that most of the 20 biggest ones back shareholder resolutions on climate and sustainability. Such resolutions are becoming far more common, too: This year, investors have filed 189 climate and sustainability resolutions with U.S.-listed companies — as many as in the previous five years combined, according to Ceres’ climate and sustainability resolutions database.And then there’s yield. Investors are still piling into U.S. energy high-yield debt, which mostly funds oil and gas exploration and production. As Liam Denning noted in August, even this risky part of the energy bond market still yields in the range of only 6 to 7 percent.A decade ago, the yield from U.S. energy fixed income would have been comfortably investment-grade, according to the International Monetary Fund’s October Global Financial Stability Report. In 2007, all but a very small proportion of corporate debt yielded more than 4 percent, and not a dime of securitized or collateralized debt yielded below 4 percent. Ten years ago, “only” $3.4 trillion of investment-grade fixed income yielded below 4 percent.Things look rather different now. According to the IMF, there is now just under $40 trillion of investment-grade fixed income yielding below 4 percent, including more than $5 trillion with a negative yield.This yield distribution, then, is what anything needs to beat to be considered “high yield.” 2007’s investment-grade yield is today’s risky yield; today’s low-risk yield is barely any yield at all, and could even be a negative yield.There’s plenty of money out there to create renewable technologies, and its institutional investors want more than lower-carbon investment strategies. They also are seeking to beat very low investment-grade yields.In 2007, when renewable technologies were expensive compared with conventional energy, and when shale gas just a glimmer in the eye of the U.S. oil patch, there may have been a funding gap. Today, we’re dealing with something more addressable: a simple matter of allocation. Trillions of dollars are needed; trillions of dollars exist. It’s just a matter of aligning supply and demand.More: Who Will Fund Clean Energy?
Elizabeth Allen is a local legend in Western North Carolina, but you probably don’t recognize the name. Everyone has been calling her Biz since she was two years old, short for busy, because she never sits still. She’s out on the slopes or rivers with her boys, sharing her passion for the outdoors with everyone she meets.The trait I admire most about Biz is her ability to see struggles as gifts that allow us to reach and grow until we realize our greatest potential.“When I first became a single parent, I thought my worst nightmare had become my reality. When you’re doing it alone, you have to reach out and incorporate all available resources. We are surrounded by all of these people with amazing gifts to share and a desire to be involved in my boys’ lives. If I had never been a single parent, our community would be much smaller now. Single parenting has been the greatest gift for my family.”What motivates you to get outside with your kids?Being confined by four walls makes me break out in hives, I swear I have an allergic reaction to being stuck indoors. My best guess is that I was a homeless person in a previous life.Getting outside isn’t just a preferred option. It’s a requirement for me. I am most alive when connected to the Earth. If we want to not merely survive our lives, but truly live, we must be connected with out natural world and I want to pass these values on to my boys, who will be fifteen and seventeen-years old at the end of January.Did you grow up playing outside?My parents weren’t into the outdoors so it wasn’t something nurtured in my childhood. It took a long time for me to incorporate adventure sports into my lifestyle. I was in college at Mars Hill and a few of my girlfriends worked at the Wolf and taught kids how to ski, so I started skiing with them and then worked there.That winter I met a lot of people in the boating community and they said, “Come out and be a raft guide.”“Why would I do that?” I asked.“The parties are awesome,” they said. So I showed up the next spring and I was terrible at it. After training season, the senior guide told me that everyone enjoyed hanging out with me and I should stay and work doing odd chores. I lived in a parking lot that summer with thirty other people and had the time of my life, sleeping on the top of buses and hanging out around the fire every night. We became a big family.The following spring I went back and the same senior guide said, “We aren’t getting off the water until you nail it.”There were tears until it finally clicked. I got enough of the basics down and stayed that season as a raft guide.Spending time on the slopes or rivers comes easy for my kids because it’s all they know, it’s the normal way to live. Because we went outside as a family, the boys are acclimated to the outdoors.When did you start taking your kids to the slopes?I started taking them skiing when they were two. And then I swore I’d never teach them anything else. There was a lot of screaming and not enough drinking. Once they learned how to ski, they didn’t want to hang out with me so I’d dress them up in super bright colors and sent them out. I knew all the ski patrollers and told them, “Keep an eye on them, spank them if they do anything bad.”When I became a single mom, I struggled to keep the love for skiing alive in my boys’ hearts and I believed that being on the snow was a tool to give them a deeper understanding of themselves. Two brothers stepped up and sponsored my boys for years by providing ski passes to Wolf Laurel. Those were pivotal years – those seasons gave my boys a snow family.How did your boys start spending time on the river?When my boys were young, I stayed at home with them. After being in such a social environment working on the slopes and with a rafting outfitter, all that solitude left me on the brink of insanity.At that time, I paddled an Avon Scout, I slapped life jackets on them and piled toys on the floor. I bought them giant squirt guns and paddles that didn’t reach the water, so my boat became a giant playpen. We started a game of picking up litter. I’d pay them a quarter for anything Styrofoam or can. The boys would ask to stop at these thrash-covered beaches. Now the boys do river clean ups on their own. Looking back, it was a genius way of installing the value of cleaning up the environment, but I can’t take any credit, it was completely unintentional.How have your boys benefitted from adventuring?All those guys on the river have become uncles, and now have a mentoring relationship with my boys. Now if I need my boys to know something, I’ll have a friend tell them. Information that comes from other trusted adults is more powerful than hearing something from mom.Others often compliment my boys because they are self-sufficient in the outdoors. They can pack their own gear and carry their own boats. Safety considerations are automatic for them. And an added bonus is that they can hold a conversation with adults – they’ve had to – they’ve been in ski lodges and riding the lifts with grown-ups. They’ve around in parking lots as we figured out shuttle logistics and spent lots of time on the river with adults.Has it ever been difficult to pursue your own outdoor interests after having kids?My boating friends pulled a permit for the Grand Canyon, which is a month-long wilderness trip. At the time, my oldest was just starting kindergarten and I had to miss his first day. I was still married and my boys’ father supported my decision to go. The boy’s grandparents help out too.I got a lot of flack. People said, “How can you leave your kids for a whole month?” They had no problem asking, “Don’t you worry about missing out on their lives when they need you?”That scrutiny was difficult – other people expressed their disappointment with how I lived my life.I knew I had to go. The first there days were the hardest and I cried, especially at night. I was the only female paddling an oar boat and the guys had a bet that I’d flip.The empowerment from sitting at the helm of an oar rig and push through some of the biggest fear I’d ever experienced changed me. I kept my boat upright through all the shit. We all roll through life with a shred of doubt about what we’re capable of. The Canyon removed my doubt about what I could do.What advice do you have for other parents, especially single parents?Letting your kids see you fail is an incredible gift. My kids have seen me struggle. They see me get out there and fall down and watch all the peaks and valleys that come with that.If they never saw me cry, they might not know that people cry when they are disappointed and that it’s okay to struggle. Most adventure sports require us to struggle in order to succeed – there’s a level of discomfort involved when first learning how to stand on skis or roll a kayak or even tie a knot.The secret is embracing, not choking, on the idea of being a single parent. When I first became a single parent, I thought my worst nightmare had become my reality. When you’re doing it alone, you have to reach out and incorporate all available resources. We are surrounded by all of these people with amazing gifts to share and a desire to be involved in my boys’ lives. If I had never been a single parent, our community would be much smaller now. Single parenting has been the greatest gift for my family.
continue reading » Credit union executives who have implemented a board portal say the success of the implementation will depend on choosing a system that meets your organization’s unique objectives.For example, Interra Credit Union wanted to support a cloud-based environment and the CU’s workflow systems.“Our credit union is virtually paperless,” says CUES member Amy Sink, CEO of $1.2 billion Interra CU, Goshen, Ind. “Our board portal (CUES Supplier member Passageways, LaFayette, Ind.) fits our cloud-based strategy; it eliminates paperwork and cumbersome emails, and stores data securely in one place.”“If we need to download the information to a hard drive, we do have that flexibility through our core service provider,” she adds. “But everything in our IT system today is cloud-based.” 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
Times have changed. We all know that. In order to stay relevant with customers we must adapt along with the times. So here’s how to stay real during this digital revolution… Don’t Be Afraid to be YOUGet rid of the jargon and just SPEAK to your audience. As YOU. Put people’s names on your articles and emails. Let your employees own their own voices and brands as they advocate for your institutions. The human side of your bank or credit union is what will set you apart and bring customers back again and again. Don’t hide your messaging behind a generic company name or email address… let your team members be themselves! Embrace the ChaosAs Mark Schaefer puts it so eloquently in his recent book Marketing Rebellion, “We’re moving inexorably toward a subscription-driven, human-driven, emotion-driven, ad-free, funnel-free, big brand loyalty-free world… the alarm bells are ringing.” Schaefer also points out that 80% of consumers don’t trust corporate advertising in ANY form! This is what he means by chaos… everything in marketing is changing, and this is true for all industries. So embrace the unknown and get ready to try new things. You will fail often, but you will also succeed and people will respect you for being flexible and keeping up with the evolving marketplace. Live Chat in All ChannelsIt doesn’t get more authentic in digital then being able to talk to a real person while you’re there. You need to make live text and chat features a priority for implementation at your institution. Even if it’s only active during business hours that’s better than not having it at all. And consider adding video if possible. Let people see the face of your institution! They won’t be disappointed. Don’t Just Talk About YourselfNo one wants to listen to you constantly broadcast your products/services online. Make sure the content you share and discuss is varied and includes topics of interest to people outside of your bank or credit union. Otherwise you’ll just be another annoying business hawking your goods on the internet. Bring value and be open to talking about all kinds of subjects. Emotion Drives ActionWhen creating messaging around your institution, try to focus on the emotions tied to your product/services in marketing – not just the product itself. Include a real and heartfelt testimonial from a member you’ve recently helped or a video of a family visiting the home of their dreams that your staff helped them close on. People relate to these kinds of stories and if they come from the actual customers you helped they will be that much more relatable. Focus on What People Want for the Long-Term – Not Just What’s Trending NOWIn an Inc. Magazine article from last year, Jeff Bezos explained that rather than just focusing on what is changing now, he gears a portion of his business on what customers have shown matters to them over the long term. In the case of Amazon that’s low prices, selection and fast delivery. Once you have narrowed down what will NOT change for your customers, you can focus your products and communications around those priorities. People Want Trusted Advice… Give Them What They Want!For financial institutions consumers have proven they want value, trusted advice and convenience. But as explained by Paul Mc Adams, J.D. Power senior director of the banking practice, “The challenge for banks is getting the advice formula right and delivering it in a personalized manner across all channels—not only at the branch, but also via the website and mobile app.” KISS “Keep it Simple Stupid” It is not an in your face kind of environment any more with how the internet serves people. If you want a person’s attention keep the information and process for getting it simple. Remove as many clicks and steps as possible for people to get to what they are looking for. Then catch their eye with color and emotional cues. Be RelatableIf people can’t relate to you, they won’t fully understand your perspective and therefore they probably won’t really listen. Try to personalize your message and visuals to the audience you are serving them to. For example, If you’re talking about retirement accounts have two stories to share, one that appeals to younger people think about the long-term and one that appeals to older groups who might need to be more aggressive in saving as they have a shorter time frame to work with. Speak conversationallyIt is hard for anyone to keep up with financial lingo, especially if they don’t work in the financial industry on a regular basis. Plus, too much financial language usually drives people away since it can be intimidating and seem like work to learn. So, keep your advice in terms everyone can understand. And if you have to use a technical word to make your point make sure you explain it clearly and never assume people know what you mean unless you tell them. 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Meredith Olmstead Meredith Olmstead is the CEO and Founder of FI GROW Solutions, which provides Digital Marketing & Sales services to Community Financial Institutions. With experience working with FIs in markets of … Web: www.figrow.com Details
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The Dutch Pensions Federation will have to make several of its employees redundant after cost-cutting efforts failed to achieve the results it hoped for. In its annual report, the Federation recorded a funding gap of 6%, citing falling revenues due to the declining number of pension funds in the Netherlands.It said a reorganisation set in motion last year had failed to rein in staff expenses.“Therefore,” it said, “the process will continue into 2015.” A spokesman for the industry organisation declined to specify how many jobs would be at stake.Last year, the Pensions Federation spent €230,000 to “streamline” its organisation.In its annual report, it said it was unable to estimate how much more it would spend on further reorganisation this year. It reported revenues of €5.9m last year, when the number of affiliated pension funds dropped from 258 to 240.However, membership fees fell at a lower rate, as the contribution level is based on assets under management, which has not decreased over the period.The Federation said it was also investigating whether its members needed guidance for their remuneration policy for board members, pensions providers and asset managers.
The Port of Roenne also welcomed Danish government’s proposal to promote the new Power-to-X technologies, which transform renewable energy into hydrogen, that can be further refined to fossil-free fuels. Port of Roenne has welcomed Danish government’s plan to make the island of Bornholm in the Baltic Sea an energy island, facilitating the connection of 2 GW of offshore wind capacity. The port has been selected as the pre-assembly port for Siemens Gamesa’s wind turbines for the 600 MW Kriegers Flak offshore wind farm, as well as for MHI Vestas wind turbines for the 257 MW Arcadis Ost 1 offshore wind farm. “We are pleased that Bornholm has been appointed by the Government to become an energy island, that a 2 GW offshore wind farm is proposed to be located next to Bornholm and the Baltic Sea-region is given political priority, so the climate- and energy ambitions now also apply to the eastern part of Denmark and the regions in the Baltic Sea. This means, that all of Denmark will enjoy the effects of employment and local growth, which comes as a result of the construction of offshore wind farms in Denmark”, said Thomas Bendtsen, CEO of Port of Roenne. “This proposal can have a great impact on the transport sector and the maritime industry at a whole. For example the Government could choose to integrate the green PtX-solutions as part of the community-based ferry services on Bornholm. It will undoubtedly have a great and beneficial effect on the environment. If this could be connected to research and testing facilities for further development and qualification of the PtX-technologies, then Denmark could seriously become the first mover [in] this area”, Bendtsen said. In 2018, the Port of Roenne started making upgrades to accommodate the offshore wind industry. The first phase of the port upgrades, completed in 2019, includes a 150,000-square-meter expansion, increase of the water depth to 11 meters, new external wave breaker, 300-meter-long multi-purpose terminal, and a heavy duty Ro-Ro rental.
Lachica was detained in the lockup facility ofthe Victorias City police station. Police officers served the warrant issued byJudge Dyna Doll Chiongson-Trocio of the Regional Trial Court Branch 40 in SilayCity, Negros Occidental dated Oct. 14, 2013. The court recommended no bail bond for histemporary liberty./PN The 23-year-old resident Jimmy Eva Lachica –who had been hiding from the police for about six years – was caught on thestrength of an arrest warrant around 10:45 a.m. on Sept. 12, a police reportshowed. BACOLOD City – Police arrested a murdersuspect in Barangay 13, Victorias City, Negros Occidental.
Roberto Di Matteo played down the significance of Chelsea’s controversial second goal in their FA Cup semi-final victory over rivals Tottenham.Juan Mata’s effort was adjudged to have crossed the line when it did not, leaving Spurs to ponder what might have been – despite the Blues scoring three more goals to win 5-1 and set up a return to Wembley to face Liverpool in the final.Mata’s goal was allowed to stand.Interim boss Di Matteo insisted his team deserved their triumph and also pointed to refereeing decisions that have gone against them in the past.AdChoices广告“Apparently it didn’t [cross the line], so we were lucky. But many times before we’ve had decisions go against us,” he said.“We believed we should have had a penalty in the league game against them with Ramires. Sometimes you get decisions and sometimes you don’t.“We scored not two goals but five, so I’m not sure how much difference it would have made.”Meanwhile, Chelsea have condemned the actions of Blues fans who did not respect a pre-match silence held as a mark of respect to the victims of the Hillsborough disaster.Chelsea released a statement saying the club was “extremely disappointed that a very small minority of fans embarrassed the club today by not honouring the moment’s silence.”Click here for the Chelsea v Tottenham quizSee also: Chelsea v Tottenham: Player ratingsControversial Mata goal helps Blues thrash Tottenham Di Matteo confrms Luiz is a doubt for Barcelona clashFollow West London Sport on TwitterFind us on Facebook