HBLB releases £6.5m fund to assist racecourse cash flow

first_img Regions: UK & Ireland The Horserace Betting Levy Board has released £6.5m worth of capital credits to British racecourses to help them with cash flow during the novel coronavirus (Covid-19) crisis.Under normal circumstances, racecourses can elect to waive the receipt of grants such as those for prize money from the HBLB. These funds are then held by HBLB so that racecourses can make use of them as capital credits for use on improvement projects approved by the HBLB.However, because of the impact the virus has had on the racing industry after all UK racing was suspended last month, the HBLB has allowed racecourses to request these funds for non-capital spending.Currently, 18 racecourses have capital credit balances that they will now be able to access.“HBLB wants to provide flexibility around funds where possible, given the exceptional pressure on the sport while no fixtures are being staged,” HBLB chief executive Alan Delmonte said.“This now includes releasing capital credits balances to those racecourses that wish to have them for day to day cash requirements, rather than being only for use on capital development projects.”The funds will be in addition to the combined £22m provided by the HBLB and the Racing Foundation in emergency funding to the industry.Among the payments the HBLB agreed to make as part of that package was an advance payment of raceday services grants to racecourses.The HBLB typically pays racecourses £12,571 for most fixtures, to cover regulation and integrity services. However, the board has agreed to make up to eight of these payments early, paying four now and four “in the near future”. These payments are worth a combined £8m.The Covid-19 Racing Industry Group’s Resumption of Racing Group has been working with horsemen, racecourses and other stakeholders on a plan to resume racing behind closed doors as soon as possible. The Horserace Betting Levy Board has released £6.5m worth of capital credits to British racecourses to help them with cash flow during the novel coronavirus (Covid-19) crisis. 24th April 2020 | By Daniel O’Boyle AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter HBLB releases £6.5m fund to assist racecourse cash flow Email Address Topics: Sports betting Strategy Horse racing Horse racing Subscribe to the iGaming newsletter Tags: Race Track and Racinolast_img read more

Spain posts year-on-year igaming revenue growth for Q2

first_imgBut monthly average active customer numbers and new account sign-ups declined over the quarter. The average number of active players over the three months came to 642,938, a 25.4% drop from 2019. New sign-ups per month averaged 137,930 in Q2, down 41.0%. Total gross revenue of €208.9m (£189.2m/$245.2m) for the three months to 30 June did represent a 4.2% decline compared to the first quarter of the year, however, while advertising spend by licensees dipped significantly during the period. This came amid significant dips in staking, the Dirección General del Ordenación del Juego (DGOJ) figures reveal. Pre-match, fixed-odds staking fell 49.0% to €288.9m, with in-play wagers down 39.6% to €698.6m, as total stakes across all products and bet types declined 40.4% to €1.05bn. 16th October 2020 | By Robin Harrison Real-money contests, meanwhile, saw revenue soar more than 700%, to €3.9m.  However, a strong performance from online casino offset the betting vertical’s declines, and suggested players had shifted from one vertical to the other. Revenue grew to €93.5m, a 36.5% improvement on the prior year, with customer stakes up 25.3% to €2.86bn.  Regions: Southern Europe Spain Tags: Spain DGOJ Dirección General del Ordenación del Juego Spain’s online gambling market grew 17.7% year-on-year in the second quarter of 2020 as the growth of online casino and poker offset declines for sports betting in a period significantly affected by the novel coronavirus (Covid-19) pandemic. Bonusing also declined sharply, which was to be expected considering cash bonuses were banned under the tightened ad rules, from late March until early June. As such, operators handed out €12.5m in bonuses, down 57.3%. Affiliate marketing spend fell 23.4% to €6.7m during the quarter.  Poker, which has enjoyed a resurgence in countries under lockdown, saw revenue almost double, rising 97.4% to €38.2m, while bingo also enjoyed a strong quarter, with its contribution climbing 66.9% to €5.0m.  Spain posts year-on-year igaming revenue growth for Q2 AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwittercenter_img At a time when strict controls were imposed on igaming licensees during Spain’s Covid-19 lockdown, marketing spend by operators dipped significantly.  Subscribe to the iGaming newsletter The biggest drop was seen in advertising, which was limited to broadcasting on TV and radio between the hours of 1am and 5am under the rules, and accordingly licensees’ investment declined 57.6% to €17.2m.  The only segment to see year-on-year growth in spend was sponsorship, for which operators’ expenditure was up 16.2% to €4.3m. In a period where sporting events around the world, including the country’s football leagues, were suspended due to Covid-19, sports betting endured a difficult quarter. Revenue came to €68.1m, which represented a 20.8% year-on-year decline, and a 38.4% drop from Q1.  Q2 results 2020 Total spend across all channels and formats came to €40.6m, down 50.6% year-on-year, and 65.7% from Q1.  Email Address However, this may soon be a thing of the past, after the Spanish government transferred a number of the temporary measures to its planned package of restrictions on gambling advertising. This will see the 1am to 5am advertising window enshrined in law, while banning all sports sponsorship by the industry, as well as cash bonuses. Topics: Casino & games Finance Marketing & affiliates Sports betting Bingo Online casino Poker Slots Table games Q2 results 2020 Marketing regulation Sponsorship Online sports betting This was largely down to slot play, with the product accounting for €51.9m of casino GGR, up 30.4% year-on-year, and more than 19.9% quarter-on-quarter. Live roulette continued to grow strongly, contributing revenue of €27.0m, a 75.7% jump from Q2 2019. last_img read more

Eyrie Houses / Cheshire Architects

first_img Area:  58 m² Area:  58 m² Year Completion year of this architecture project ArchDaily Projects Eyrie Houses / Cheshire ArchitectsSave this projectSaveEyrie Houses / Cheshire Architects “COPY” “COPY” Year:  2012 Photographs Eyrie Houses / Cheshire Architects Year:  2012 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/774230/eyrie-houses-cheshire-architects Clipboard Save this picture!© Jeremy Toth+ 19 Share Architects: Cheshire Architects Area Area of this architecture project Houses photographs:  Jeremy TothPhotographs:  Jeremy TothEngineering:Thorne DwyerStructures:Steve ThorneBuilding Contractor:Peter OakdenPartners In Charge:Nat Cheshire, Ian ScottCity:KaiwakaCountry:New ZealandMore SpecsLess SpecsSave this picture!© Jeremy TothRecommended ProductsWoodStructureCraftEngineering – Architectural & FreeformDoorsGorter HatchesRoof Hatch – RHT AluminiumDoorsC.R. LaurenceCRL-U.S. Aluminum Entice Series Entrance SystemWoodLunawoodThermowood FacadesText description provided by the architects. Eyrie comprises two houses near Kaiwaka. Each is barely larger than four sheets of plywood. They are made from wood, are off-grid and autonomous, their outsides burnt black. This project is part polemic, part escape. Holiday homes have become this country’s decadence.Save this picture!© Jeremy TothOur sub-prime estuarine site permitted a 1500m² palace. It forbade two 29m² cabins. At night we talked excitedly about Malevich’s Suprematism; in the morning we got up and wrote legal submissions on visual density and the attrition of driveways. We wanted a different vision for New Zealand’s coastal future.Save this picture!© Jeremy TothSave this picture!Floor PlanSave this picture!© Jeremy TothIn these houses a history of prismatic abstraction is conflated with a poetic of small boats bobbing in a sea of grass. There are no doors. One climbs up boulders and in through a window instead. We hoped that in subverting the shorthand language of building these little constructions might feel like something other than – and more than – houses.Save this picture!© Jeremy TothProject gallerySee allShow lessBlind Whale / Z_LabSelected ProjectsARCHIPENDIUM 2016 Now Available for Pre-OrderArchitecture News Share New Zealand CopyHouses•Kaiwaka, New Zealand ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/774230/eyrie-houses-cheshire-architects Clipboard CopyAbout this officeCheshire ArchitectsOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesKaiwakaNew ZealandPublished on September 28, 2015Cite: “Eyrie Houses / Cheshire Architects” 28 Sep 2015. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogLouvers / ShuttersTechnowoodSunshade SystemsCompositesMitrexPhotovoltaic Solar Cladding – BIPV CladdingMetal PanelsAurubisCopper Alloy: Nordic BronzeBathroomsGeberitBathroom Series – ONESkylightsLAMILUXGlass Skylight F100 CircularMetal PanelsTrimoQbiss One in Equinix Data CentreSignage / Display SystemsGoppionDisplay Case – Q-ClassAluminium CompositesAmerican MetalcraftAluminum Panels – Decorative Fencing for BridgesPanels / Prefabricated AssembliesULMA Architectural SolutionsWater Facade PanelDoorsLinvisibileLinvisibile Concealed Sliding Door | MareaWall / Ceiling LightsiGuzziniExterior Light – WalkyWoodPlycoWood Boards – Birch LaserplyMore products »Read commentsSave想阅读文章的中文版本吗?高山住宅 / Cheshire Architects是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

Ana Betancourt: una cubana imperecedera

first_imgPor Rosa María Oliva Enríquez e Ildefonso Gustavo Díaz SandovalAna Betancourt de Mora nació en Camagüey, Cuba, el 14 de diciembre de 1832. Como todas las jóvenes de procedencia acaudalada recibió clases de religión, costura, bordado, tejido, música y economía doméstica.A los veintidós años se casó con el joven Ignacio Mora y de la Pera, hombre culto y de ideas independentistas, quien fue, según la propia Ana, “su maestro y su mejor amigo.”Al comenzar la guerra de los Diez Años, el 10 de octubre de 1868, Mora fue de los primeros en unirse a las huestes libertadoras; mientras Ana se dedica al envío de material bélico y ropas para los insurrectos, así como a escribir y distribuir la propaganda revolucionaria.Perseguida por las autoridades españolas se une a los insurrectos en Guáimaro el 4 de diciembre de 1868, cambiando la serenidad de su hogar por los martirios de la guerra.El 14 de abril de 1869 su voz se escuchó en Guáimaro, sede de la Asamblea Constituyente, y en un discurso lleno de patriotismo proclamó la redención de la mujer cubana:“Ciudadanos: la mujer, en el rincón oscuro y tranquilo del hogar, esperaba paciente y resignada esta hora hermosa en que una revolución nueva rompe su yugo y le desata las alas.”Y agregó:“Ciudadanos: aquí todo era esclavo, la cuna, el color y el sexo. Vosotros queréis destruir la esclavitud de la cuna peleando hasta morir. Habéis destruido la esclavitud del color emancipando al siervo.¡Llegó el momento de libertar a la mujer!”Junto a su esposo, en la manigua, elabora el periódico “El Mambí” donde aparecen interesantes artículos sobre la vida de los mambises en campaña, así como los ideales independentistas de aquellos cubanos que se encontraban comprometidos en la lucha.El 9 de julio de 1871, estando junto a su esposo Ignacio en Rosalía del Chorrillo, fueron sorprendidos por una guerrilla enemiga. Gracias a una estratagema logró  que su esposo salvara la vida, pero ella cayó prisionera debido a que una crisis de artritis en las piernas le impidió huir. La mantuvieron tres meses bajo una ceiba, a la intemperie, en la sabana de Jobabo, como cebo para atraer al coronel Mora.Presionada para que le escribiera a su esposo y le pidiera que depusiera las armas, Ana contesta enérgica:“Prefiero se viuda de un hombre de honor que ser la esposa de un hombre sin dignidad y mancillado.”En esas condiciones tuvo que soportar hasta un simulacro de fusilamiento. El 9 de octubre de 1871 logra escapar y se esconde en La Habana, pero es localizada y deportada a México. Poco después se radicó en Nueva York.En 1872 visitó al presidente de los Estados Unidos Ulises Grant para que intercediera a favor del indulto de los estudiantes de medicina,  presos por los sucesos de noviembre de 1871. En ese mismo año pasó a residir en Kingston, Jamaica, donde en noviembre de 1875 recibió la noticia del fusilamiento de su esposo. Regresa a Cuba con la Paz del Zajón.En 1882 regresó a Nueva York y en 1889 marchó a España donde se dedicó a transcribir el diario de campaña de su esposo, mientras tuvo una activa correspondencia con Gonzalo de Quesada y otros patriotas cubanos. Convirtió la casa de su hermana en un foco de actividad revolucionaria.El 7 de febrero de 1901, en una fría y oscura tarde madrileña, muere la insigne patriota camagüeyana Ana Betancourt, lejos de su suelo natal, ocupado entonces por los Estados Unidos de América. Setenta y siete años después, sus cenizas fueron traídas a Cuba y depositadas, con el merecido honor en el panteón de las FAR, hasta ser colocadas definitivamente en el Mausoleo erigido a su memoria, en Guáimaro.De ella dijo Carlos Manuel de Céspedes, el Padre de la Patria:“Una mujer, adelantándose a su siglo, pidió en Cuba la emancipación de la mujer.”Mujeres como Ana se multiplican en Cuba, ejemplos imperecederos han quedado en la historia, que junto a sus ideales progresistas también han sabido defender los derechos inalienables de la mujer.Nombres como Magdalena Peñaredonda, Amalia Simone, Mariana Grajales, Melba Hernández, Haydee Santamaría, Celia Sánchez Manduley, Vilma Espín son entre otras, dignas representantes de los derechos de la mujer en Cuba, llevando a la práctica los más caros anhelos de las féminas en cuanto a igualdad social.Las mujeres cubanas desde el  triunfo de la Revolución Socialista en enero del 59,  han estado presente en todos los frentes ocupando cargos de dirección en las diferentes organizaciones políticas, sindicales y sociales, en ministerios; así como cumpliendo con diversas y disímiles tareas: en la salud, la educación, el arte, el deporte, la agricultura entre otros.Ellas se crecen día a día para poner bien alto el carisma y la labor incansable de estas “marianas”, que sin dejar de ocuparse de los hijos y de otras actividades hogareñas, enarbolan la bandera en defensa de todos los principios a los que tienen derechos las mujeres, luchadoras incansables por la solidaridad y la unión de los pueblos.No a la violencia de género.No a la subvaloración en los trabajos.No al pago de salarios desiguales y bajos.Viva la mujer como fuente de vida y amor.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

People with disabilities fight back

first_imgProtest organizers Denise Jackson, left, Brian Shea, right.First, there were one or two. Then, a few dozen. By 3 p.m. on Monday, Aug. 1, hundreds of people with mental health and other disabilities from all over the state of Massachusetts were picketing the headquarters of the Boston Globe.They were outraged over the newspaper’s sensationalistic and stigmatizing recent frontpage story, a supposedly in-depth study of the challenges faced by people with disabilities, which was actually one of a series of such articles demonizing people with mental health issues. The news feature story justified police assaults against people with mental health diagnoses, suggesting that they are prone to violence.On the contrary, in Massachusetts hundreds have died at the hands of the police, by being put in harmful restraints and by suicide, in recent years. Despite this terrible toll on the community, the “liberal” Boston Globe focused on homicides involving people who may only have been suspected of having a mental health diagnosis, asserting that police involvement was necessary to protect the public.In a well-organized action, the mental health community and other people with the lived experience of disability turned out to picket the Globe for more than three hours. Peer leaders and members of recovery clubs, M-POWER, ADAPT, the Boston Center for Independent Living, Recovery Learning Communities and others from across the state of Massachusetts came out in force. A handful of nonprofit agency staff were present.This action, unprecedented for its large turnout, was a pure fightback by the rank and file for the very survival of their community. Nine of their number occupied the Globe entrance and were arrested by Boston police, who had a state police contingent “on the ready” nearby. One protester had his banner ripped out of his hands by a Globe security employee and fought back to retrieve it, only to be the first arrested, put in handcuffs and placed in the police wagon by Boston police.The crowd’s anger grew louder as one by one their brothers and sisters were arrested. No Globe reporter took a photograph or interviewed one person in the aftermath of this scene of terror unleashed on the community.Denise Jackson and Brian Shea helped organize the action and joined with other leaders of the protest to confront Scott Allen, the author of the original Globe article, earlier in the day. “We told him he didn’t do enough research. He should have interviewed community leaders. I just wish I could have been arrested today,” Denise Jackson told Workers World.The community also protested the recent decision of MassHealth, the state’s Medicaid and children’s health insurance program, to disallow overtime pay for personal care attendants. Some 35,000 of these attendants belong to District 1199/SEIU, the single largest Service Employees union in the state. The decision is very harmful to people with disabilities, who depend on quality care from the same PCA they have worked with over the years, but who now may not be available. This is a basic survival issue.Longtime activist Brian Shea said: “People are continuing to organize. This is just a start, a resurgence. This is just further proof that wherever there is oppression, there is struggle.”FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Election season underway for FWISD

first_imgGrains to grocery: One bread maker brings together farmers and artisans at locally-sourced store printFort Worth ISD is looking to fill four trustee seats on the school board this year — District 2, District 5 and District 6 are contested, while Christene Moss of District 3 is running unopposed.The next board faces several challenges, such as the search for a superintendent, managing an estimated $489 million bond issue and an academic achievement minority gap.With a budget of nearly $700 million, FWISD ranks 215 out of 1,224 districts in fund spending per student at $9,514 per student, compared to the average of all schools at $12,241 per student, based on the 2014 PEIMS data received from FWISD.The school district includes 146 campuses, over 86,000 students and 10,000 employees.“The search for the next superintendent is number one concern for the majority of the board,” said board member Jacinto Ramos Jr.He said the board also has to address ways to increase test scores and prioritize spending.In District 2, incumbent Tobi Jackson faces Joel Aguilar and Sultan Cole.Long time board member Judy Needham, who represents District 5, will be facing Linda LaBeau once again. LaBeau challenged Needham in her last election.Incumbent Ann Sutherland is vying with Cecelia Speer to represent District 6.All of the districts are single-member districts, which means individual communities are only able to vote for the district they live in.All of the trustees serve four-year terms without pay. They meet every other week.Early voting began April 27 and will end at 7 p.m. Tuesday. Election day is Saturday. Fort Worth set to elect first new mayor in 10 years Saturday ReddIt Libby Vincekhttps://www.tcu360.com/author/libby-vincek/ Libby Vincek Linkedin ReddIt Early Childhood Matters class aims to improve early education in Fort Worth Twitter + posts Facebook The Wandering Boutique New food truck joins Blue Zones Project Forth-Annual Fort Worth Earth Party Previous articleFriday on the Green provides music and fun for all agesNext articleFormer House Speaker, Fort Worth icon Jim Wright dies at 92 Libby Vincek RELATED ARTICLESMORE FROM AUTHOR Twitter Libby Vincekhttps://www.tcu360.com/author/libby-vincek/ Abortion access threatened as restrictive bills make their way through Texas Legislature Libby Vincekhttps://www.tcu360.com/author/libby-vincek/ Libby Vincekhttps://www.tcu360.com/author/libby-vincek/ Facebook Linkedinlast_img read more

Japanese journalist victim of judicial harassment for “defamatory” retweet

first_img On June 23rd, the Osaka High Court dismissed the appeal of Yasumi Iwakami, the founder of the news site Independent Web Journal. The influential journalist was sentenced in September 2019 for “defaming” the former Osaka prefectural governor, Toru Hashimoto, after retweeting two years earlier a message suggesting the governor was responsible for the suicide of one of his subordinates, who claimed he was a victim of harassment.”The Osaka High Court must reconsider its decision to dismiss the appeal of Yasumi Iwakami, which prevents him from demonstrating his good faith when he is clearly the victim of judicial harassment”, insists Cédric Alviani, Reporters Without Borders (RSF) East Asia bureau head. “The journalist should have had no reason to worry about the repercussions of merely retweeting a message he found informative, which is part of a journalist’s work, and even less reason to fear the possibility of being sentenced for defamation.”During the first court ruling, the judge considered retweeting an unverified claim to be an act of endorsement, with the celebrity journalist’s large online audience of nearly 180,000 Twitter followers constituting as an aggravating factor, sentencing him to a fine of 330,000 Yen (2,700 euros).In Japan, although the principles of media freedom and pluralism are largely respected, the press still struggles to fulfill their role as society’s watchdog under the sway of persistent traditions and economic interests. Journalists have been complaining of a climate of mistrust and even hostility directed at them ever since the reelection of prime minister Shinzo Abe in 2012. For journalists covering certain topics deemed sensitive such as the Fukushima nuclear incident or the coronavirus epidemic, government pressure and online harassment by nationalist groups has become the norm.Japan ranks 66th out of 180 countries in RSF’s 2020 World Press Freedom Index. News News On eve of the G20 Riyadh summit, RSF calls for public support to secure the release of jailed journalists in Saudi Arabia Japanese reporter held in Myanmar is charged with “false information” Follow the news on Japan May 5, 2021 Find out more RSF_en News RSF calls on the Osaka High Court to reconsider its dismissal of an appeal made by a journalist who was previously sentenced for the retweet of a controversial message, deemed “defamatory”. Organisation July 14, 2020 – Updated on July 15, 2020 Japanese journalist victim of judicial harassment for “defamatory” retweet to go further JapanAsia – Pacific Condemning abuses InternetFreedom of expressionJudicial harassment September 16, 2020 Find out more JapanAsia – Pacific Condemning abuses InternetFreedom of expressionJudicial harassment Help by sharing this information November 19, 2020 Find out more News RSF urges recently appointed Japan Prime Minister to take a new turn towards press freedom Receive email alertslast_img read more

Gunmen throw petrol bomb at opposition journalist’s car

first_imgNews News June 28, 2003 – Updated on January 20, 2016 Gunmen throw petrol bomb at opposition journalist’s car August 25, 2020 Find out more Follow the news on Venezuela Organisation VenezuelaAmericas Help by sharing this information to go further RSF_en Reporters Without Borders today voiced deep concern about a Molotov cocktail attack by four gunmen yesterday on the car of opposition journalist Marta Colomina of the TV station Televén.Calling the attack reported by Colomina “extremely serious,” the organisation urged the authorities to do everything possible to identify those responsible and their motives.Just hours after it happened, Colomina described the attack on her programme “La entrevista” on Televén. She said two vehicles tried to intercept hers as she drove to the TV station in the morning. Four gunmen leaped out of one of the vehicles and one of them threw a Molotov cocktail at her car. Fortunately, it did not explode.Yesterday was Journalists’ Day in Venezuela and in Colomina’s opinion, the attack was intended as a warning to all the opposition press. Colomina also works for Unión Radio and writes a weekly column for the daily El Universal.As Reporters Without Borders detailed in its last annual report, the press took a heavy toll from the political tension in Venezuela in 2002: one journalist was killed, around 50 were physically attacked, approximately 20 were threatened and six news organisations were targeted with explosives. The list is not exhaustive. The press paid the price of the growing polarisation between supporters and opponents of President Chávez. Journalists with the privately-owned news media headed the list of targets. There has been no let-up this year.center_img New wave of censorship targeting critical media outlets VenezuelaAmericas Receive email alerts News January 13, 2021 Find out more News Two journalists murdered just days apart in Venezuela Coronavirus “information heroes” – journalism that saves lives June 15, 2020 Find out morelast_img read more

Altadena/Pasadena’s Open Studios Art Tour

first_imgEVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS 2 recommended0 commentsShareShareTweetSharePin it Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Name (required)  Mail (required) (not be published)  Website  Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Make a comment Your email address will not be published. Required fields are marked * Top of the News center_img faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes HerbeautyA Mental Health Chatbot Which Helps People With DepressionHerbeautyHerbeautyHerbeauty8 Celebrities People Don’t Love AnymoreHerbeautyHerbeautyHerbeauty10 Of The Most Notorious Female Spies In HistoryHerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeauty14 Effortless Looks That Make Men StareHerbeautyHerbeautyHerbeauty10 Ways To Power Yourself As A WomanHerbeautyHerbeauty Community News First Heatwave Expected Next Week Open Studios is a group of artists from Altadena and Pasadena, dedicated to the promotion of ART and to sharing art with the community. We provide the gift of twice yearly, free art shows to our neighbors. The Open Studios Tour is a self guided, multi-location event featuring multiple genres of art from many local artists, makers, retailers and creatives. Please join us on the weekend of June 6th and 7th from 11 am until 5 pm each day. Bring the family. Forge new friendships. Get inspired. We look forward to sharing a weekend of fabulous art, fun, and fantasy along with music and refreshments at select locations.The Open Studios Weekend Events:• Silent Auction (benefitting Open Studios Tour)Friday June 5th – 5 pm to 9 pm at McGinty’s Gallery, 869 E. Mariposa, AltadenaContinuing: Saturday 11 am – 5pm, Sunday 11am – 3pm• The Open Studios Art Tour – 25+ locationsSaturday June 6th — from 11 am until 5 pmSunday June 7th – from 11 am until 5 pmMaps will be available at most participating locations and a fully interactive map is on line at http://openstudios.gallery/Up to date information and regular features of Open Studios’ artists and their art are available on The Open Studios Facebook Page: https://www.facebook.com/AltaOpStCheck out Open Studios Artists work on Pinterest at: https://www.pinterest.com/lesliedelamater/ Visual Arts Altadena/Pasadena’s Open Studios Art Tour On June 6th and 7th from 11:00 a.m. until 5:00 p.m. From STAFF REPORTS Published on Monday, May 4, 2015 | 8:39 pm More Cool Stuff Business News Subscribelast_img read more

PERRYMAN: The fine line of low unemployment

first_img Twitter Local NewsBusiness Previous articleGEEK: Differentiate between computer booting, hanging during startupNext articleELAM: Well to the DMZ of Markets admin Facebook Pinterest Pinterest WhatsApp By admin – April 29, 2018 Facebook PERRYMAN: The fine line of low unemployment Ray Perryman is the head of The Perryman Group and serves as a distinguished professor at the International Institute for Advanced Studies. The number of job openings in the United States has topped six million for several months now according to the US Bureau of Labor Statistics (BLS), up about a half million from a year ago and the highest the country has ever seen. Although the long years of high unemployment following the Great Recession make this welcome news, the United States may face major difficulties if unemployment drops too far or too fast. A certain amount of friction is needed to allow the economy to function. In some areas, the lack of available workers is already beginning to constrain growth, and it goes beyond specialized skill sets or workers.I have studied labor force issues for decades. I’ve also seen the problems shortages can cause first hand as a long-time resident of the Permian Basin, where a jump in oil prices can lead to worker shortages almost overnight. With extremely low unemployment (well below 3% at times), it’s common to see businesses forced to pay more (even signing bonuses) to employees at all skill levels (including those in fast-food restaurants) and shorten hours of operations due to staffing problems even as demand rises. People also leave important professions (such as teaching) for higher pay elsewhere as wages are bid up. Although the situation in that area is unique because of the dominance of a single industry which is notoriously cyclical, it offers valuable insights into the problem of ultra-low unemployment.For the United States, underlying demographic patterns (including slower population expansion and the retiring of the Baby Boomers) are pointing toward reduced workforce growth in the future. If immigration policy is overly restrictive, the situation becomes even worse. Businesses are looking for ways to deal with the problem, such as automation and other capital investments reducing the need for workers. The degree to which the substitution of capital for labor is possible varies by industry, but over time it is likely that the relative costs of machines and technology will fall compared to workers.At the same time, machine learning and artificial intelligence could eliminate entire occupations in the future. Self-driving trucks could drastically reduce the need for drivers. Robotic retrieval systems could shrink workforce needs in warehouses. Software advances could eliminate many routine tasks. Automated online retailers reduce the need for staff in brick-and-mortar stores. While these changes free up workers, the challenge will be then equipping them to fill available jobs.No one would argue for high unemployment, but it’s also disruptive to the economy to have too few workers to fill available jobs. Dealing with the potential shortage will require a combination of technological advances, capital investments, sound immigration policy and innovative training (and retraining) programs. Twitter WhatsApplast_img read more