569,968 research outputs found
Employment Recession and Recovery in the 50 States: A Further Update
No full textPrivate-sector Gross Domestic Product (GDP) growth ratios and employment recovery rates following the Great Recession are calculated for the 50 states, as well as Census regions and divisions. GDP growth rates measure the ratio of state private sector GDP in 2012 to that in 2007. States with 2012 private-sector GDP levels above their 2007 levels have GDP growth ratios greater than one, while those with private-sector GDP lower than their 2007 levels have ratios below one. Employment recovery rates measure the percentage of each state’s private-sector job losses during the recession that have been recovered as of June 2013. The nation’s private-sector GDP growth ratio is 1.026, and its employment recovery rate is 81.7 percent.This is the third in a series of reports measuring how private-sector employment has changed in the 50 states during the Great Recession and the subsequent recovery.This report was published as Issue Paper Number 36, July 2013, in Rutgers Regional Report
Employment Recession and Recovery in the 50 States
No full textThe goal of this paper is to provide a report of record of the employment performance of the 50 states during the Great Recession and the ensuing recovery period. The analysis presented here uses U.S. Bureau of Labor Statistics data to consistently measure the changes in private-sector jobs over the course of the employment cycle from July 2003 through June 2011, a period covering economic expansion, recession, and recovery.The nation lost 8,838,000 private-sector jobs over the 25-month period from January 2008 to February 2010, a rate of loss of 7.6 percent. In the job-recovery period from February 2010 through June 2011, the nation regained 2,230,000 private-sector jobs, a rate of increase of 2.1 percent and a recovery of 25.2 percent of all the private-sector job losses of the recession.The first part of this report measures the private-sector employment performance of each of the states and regions of the country. It also measures the shares of each state and region of the national job losses and job gains during the various phases of the employment cycle.The second part of the report measures the duration of the employment recession, the number of private-sector jobs lost, and the rate of job decline for each state. It then measures the duration of the job-recovery period, the number of private-sector jobs gained, the rate of private-sector job gain, and the percentages of job losses that have been recovered for each state. These rates and durations of decline and recovery are compared with the analogous national rates.Rutgers Regional Report Issue Paper 28This report was published as Issue Paper Number 28, September 2011, in Rutgers Regional Report
Employment Recession and Recovery in the 50 States: An Update
No full textJob recovery rates are calculated for all 50 states. The rate measures the percentage of a state’s private-sector employment losses during and after the recession that have been recovered as of June 2012. As a benchmark for comparing individual states, the national private-sector job recovery rate is 49.3 percent.Public-sector employment (federal, state, and local) increased well into the national recession. It was affected by numerous factors (federal countercyclical spending, deep tax-revenue declines for state and local governments, and varying political responses at the state and local levels in terms of tax increases versus service reductions).This report was published as Issue Paper Number 30, August 2012, in Rutgers Regional Report
The economic and fiscal impacts of Hurricane Sandy in New Jersey, a macroeconomic analysis
No full textThis report estimates the macroeconomic and fiscal impacts of Hurricane Sandy on the economy of New Jersey using the R/ECON™ forecasting model of the state’s economy. The model consists of more than 250 quarterly time-series equations and 30 employment sectors.The analysis takes into account both the economic losses resulting from the hurricane and the offsetting positive economic impacts associated with recovery and reconstruction spending in the months and years following the storm.However, the estimates of impacts depend upon the restoration expenditures actually being made. If the funds for these restoration and recovery expenditures are not made available, the offsetting positive impacts to the economy will not occur and the New Jersey economy will be significantly damaged. See Section 3 for estimates of the negative impacts if restoration expenditures are not made.This report was published as Issue Paper Number 34, January 2013, in Rutgers Regional Report
Best interests, dementia and the Mental Capacity Act (2005)
No full textThe Mental Capacity Act (2005) is an impressive piece of
legislation that deserves serious ethical attention, but
much of the commentary on the Act has focussed on its
legal and practical implications rather than the underlying
ethical concepts. This paper examines the approach that
the Act takes to best interests. The Act does not provide
an account of the underlying concept of best interests.
Instead it lists factors that must be considered in
determining best interests, and the Code of Practice to
the Act states that this list is incomplete. This paper
argues that this general approach is correct, contrary to
some accounts of best interests. The checklist includes
items that are unhelpful. Furthermore, neither the Act nor
its Code of Practice provides sufficient guidance to carers
faced with difficult decisions concerning best interests.
This paper suggests ways in which the checklist can be
developed and discusses cases that could be used in an
updated Code of Practice
JOB DESCRIPTION OF A RECEPTIONIST AT KUSUMA SAHID PRINCE HOTEL SURAKARTA
No full textHotels as a part of the hospitality industry try to create an attractive
image to differentiate themselves from others. This is important in luring travelers
which will directly affect the development of the hotel itself. This can be achieved
only through the efforts of all elements of the hotel which are divided into several
departments. The front office department, especially, should have good
cooperation among its staffs because the front office has most direct contact with
the guests. The receptionist as a part of the front office department has a large
responsibility as a representative of the hotel which should create a good image.
This paper sets out to describe the job scope of a receptionist at
Kusuma Sahid Prince Hotel, Surakarta based on the job training undergone by the
author. The receptionist plays important role in handling the guests’ needs. To
give the best service, a receptionist must have good knowledge about all sectors in
the hotel and also the information external to the hotel related to the guests’ needs.
It is also supported by good and professional grooming based on appropriate hotel
standards.
From the data, one conclusion that can be drawn from this study is
that the job description of a receptionist in Kusuma Sahid Prince Hotel includes
various aspects. The receptionists of Kusuma Sahid Prince Hotel have a large
responsibility to know the job scope and do it to the best of their ability in order to
build an attractive image of the hotel
Reversal of Economic Fortune: Regional and State Prosperity At Risk
No full textChanging national economic forces in 2007 produced a number of surprising regional employment growth patterns. Record Wall Street profits boosted the Northeast region in general, and New York in particular, into one of its best relative economic performances in decades. At the same time, the transformation of a booming housing market into a painful bust resulted in erstwhile high-employment-growth states such as Arizona, California, and Florida experiencing actual job losses in 2007. And soaring commodity and energy prices propelled the energy- and natural resource-production states to the top of the nation’s employment-growth rankings.
As America’s economic dynamics continue to evolve in 2008, it is highly likely that equally dramatic shifts in state and regional growth positions will emerge. Just as the deepening housing contraction transformed the epicenters of the housing boom into the epicenters of the housing bust, the unfolding crisis in the nation’s credit markets threatens to undermine New York and the Northeast region. Such changes may place the Northeast’s economic laggards, among them New Jersey, at particular risk as 2008 advances.This report was published as Issue Paper Number 27, April 2008, in Rutgers Regional Report
Best-value in Korean public building construction
No full textAlthough the low-bid system has played a major role in public building construction sector for a long time, this system has arguably delivered work of low quality, an continued and rising number of claims within the industry. With these challenges in mind, the Korean government has sought to examine and possibly adopt best-value procurement as an alternative approach to delivering public building construction projects within Korea. The reality however is that although delivering arguably a number of advantages, best-value does present the government with its own peculiar challenges because of a lack of a precise understanding of what ‘best-value’ means. Hence, in this study, the author seeks to examine the concept of best-value and its application to Korean public building construction. To achieve the stated objectives, the author draws upon extant literature in ‘value’ procurement to critically examine the impact of ‘best-value’ concepts in Korean public building procurement. Data is obtained from a survey of 180 managers involved in the procurement and management of public buildings in Korea. Utilising ‘best-value’ criteria drawn from literature, the author employs Analytic Hierarchy Process (AHP) to weight ‘best-value’ criteria identified through the survey. Based on the results of the AHP exercise, the following are found; (i) value depends on the state of each individual building which can be defined from a ‘need’ perspective, (ii) the primary criteria for ‘best-value’ in Korea public construction projects were ‘serviceability’, ‘safety’, ‘comfort’, ‘environmental friendliness’, ‘economical feasibility’, and ‘artistry’ and finally that (?) the importance of each primary criteria was dependent on the building type
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