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Loan Loss Allowances Rising As Economy Recovers

bankerandtradesman.com2014-06-29 11:13:54Cache

Sunday, June 29, 2014, 3:00am Saving For A Rainy Day By Laura Alix Banker & Tradesman Staff Writer When talk turns to the economy rebounding, the discussion tends to center on unemployment, the housing market or the age of cars on the road today, but loan loss allowances – those funds banks set aside to cover loans gone bad – tell their own story. A valid subscription is required to read the article or use the tool you've selected.

Houma-Thibodaux gains 2,000 jobs over past year

houmatoday.com2014-06-28 12:13:30Cache

Published: Friday, June 27, 2014 at 5:13 p.m. Last Modified: Friday, June 27, 2014 at 5:13 p.m. Houma-Thibodaux posted the state’s lowest jobless rate at 3.7 percent in May, up from 3 percent the month before, new data shows. The area, down from a 4.5 percent jobless rate in May 2013, gained 700 jobs for the month and 2,000 jobs for the year, according to the Louisiana Workforce Commission.

UPDATE 1-EU leaders signal shift from austerity of euro crisis

reuters.com2014-06-28 01:21:41Cache

Fri Jun 27, 2014 2:07pm EDT * Italy, Germany reach deal on flexible use of fiscal rules * Italian PM Renzi hails "turning point" for Europe* Low growth, high unemployment prompts shift from austerity focus (Recasts with quotes from Renzi, Merkel)By Noah Barkin and Jan StrupczewskiBRUSSELS, June 27 (Reuters) - In the latest shift away from the austerity of the euro zone crisis, European Union leaders signalled at a summit that they were ready to give member states extra time to .

Military Entrepreneur Jen Griswold Launches Career Blog for Military Spouses

prweb.com

Military Entrepreneur Jen Griswold Launches Career Blog for Military Spouses

prweb.com2014-06-27 21:03:03Cache

Alexandria, VA (PRWEB) June 27, 2014 Military entrepreneur, Jen Griswold, launches a blog to provide military spouses with career tips specific to entrepreneurship. Currently the rate of unemployment in the United States among military spouses surpasses the national average by a troubling three times. Recognizing the void in resources for military spouses seeking employment, Jen made it her mission to build awareness within her community.

Japan May job availability up to 1.09, best in 22 years

kyodonews.jp2014-06-27 06:52:03Cache

11:43 27 June 2014 By Tomoyuki TachikawaTOKYO, June 27, Kyodo Japan's job availability improved in May to its best level in around 22 years, while the unemployment rate fell to 3.5 percent, its lowest level in more than 16 years, with companies willing to hire more workers on the back of an economic recovery, the government said Friday. The ratio of employment offers to seekers climbed for the 18th straight month to 1.09 in the reporting month from 1.

State Representative Tom Cross running for Illinois Treasurer

cinewsnow.com2014-06-26 16:10:12Cache

June 26, 2014 Updated Jun 26, 2014 at 10:12 AM CDT PEORIA, Ill. -- A Republican State Representative running for Illinois Treasurer says, the way things are now, he'd be hesitant to relocate a business to Illinois. Tom Cross stopped by the WEEK studios Wednesday afternoon. He says the Quinn Administration has done nothing to make the state inviting for business.

Over 5 million apply for Akhilesh\' populist pension scheme

business-standard.com

Over 5 million apply for Akhilesh' populist pension scheme

business-standard.com2014-06-26 14:55:35Cache

Even as the Akhilesh Yadav government in Uttar Pradesh has practically debunked its populist schemes viz. free laptop and unemployment dole, over 5 million poor have applied for his ambitious pension scheme. The 'Samajwadi Pension Scheme' is being touted as the biggest social welfare scheme to be funded by any state government solely out of its own resources.

Mauritius unemployment at 8.0 pct in first quarter

yahoo.com2014-06-26 14:37:32Cache

NAIROBI (Reuters) - The unemployment rate in Mauritius rose to 8.0 percent in the first quarter of 2014 from 7.5 percent in the previous three months, but the figure was lower than the same period a year earlier, official data showed on Thursday. Mauritius relies heavily on business with Europe, its main export market and the source of many of its tourists.

Applications for US unemployment benefits dipped last week, latest sign of scant layoffs

news1130.com

Applications for US unemployment benefits dipped last week, latest sign of scant layoffs

news1130.com2014-06-26 14:25:07Cache

Christopher S. Rugaber, The Associated Press June 26, 2014 5:56 am WASHINGTON – The number of Americans seeking unemployment benefits declined last week, the latest evidence that a sharp economic slowdown earlier this year hasn’t caused employers to cut jobs. Weekly unemployment benefit applications fell 2,000 to a seasonally adjusted 312,000, the Labor Department said Thursday. The four-week average, a less volatile measure, rose 2,000 to 314,000.

Britain\'s David Cameron Isolated in EU Leader Search

ndtv.com

Britain's David Cameron Isolated in EU Leader Search

ndtv.com2014-06-26 11:48:21Cache

FILE - In this Tuesday, May 27, 2014 file photo, British Prime Minister David Cameron walks past the media upon arrival at the European Council building in Brussels. Brussels:  Many political battles are ugly - but toss in 28 nations, high unemployment, angry voters and a sceptical Britain and the fight over who will be the European Union's next chief executive may have profound consequences.