Showing posts with label Employment Report. Show all posts
Showing posts with label Employment Report. Show all posts

Sunday, 3 August 2014

Pizza Pita Kosher Reception Hall full in-house Party Catering service in Montreal




Reception Hall


At Pizza Pita, we offer a full in-house party catering service. Our expert event planners can assist in arranging all aspects of your event. Starting with your personalized theme, to planning an exquisite menu and arranging your space, we are ready to do whatever it takes to make this a successful and memorable event! No affair is too small or too large; we will help guide you through all the details of organizing your perfect party! 

Reception Hall
Our Reception Hall in Pizza Pita is one of the most wanted and popular halls in the Montreal Jewish community. The 2,500 square foot open space is a fully appointed private room. Bright and airy, the room can accommodate up to 100 guests. For your next brachot, wedding shower, birthday party, bar/bat mitzvah, and business meetings.
Service can be buffet or sit-down; menus will be individually tailored to fit any budget. Hosting a Simcha in Pizza Pita is truly a ONE STOP shopping, as all tablecloths, dishes, serving pieces and centrepieces are included! Any special décor requests or themes can be accommodated. Waiters are dressed in formal black and white adding to the atmosphere you desire. Look no further; call us now to book an appointment for your Simcha!
Your Simcha is Our Simcha! For booking call
 Tzvi at: # 514-651-5271

Kosher Pizza


Tuesday, 26 November 2013

Obama Awards Presidential Medals of Freedom, Pays Tribute to JFK



President Obama Honors Presidential Medal of Freedom Recipients


The Presidential Medal of Freedom, established 50 years ago by President John F. Kennedy, is our nation’s highest civilian honor. The medal has been presented to more than 500 individuals who have made especially “meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors.”
Today, in a ceremony at the White House, President Obama added 16 names to that distinguished list. Watch the interviews with the recipients here:
Recipients of the 2013 Presidential Medal of Freedom included sports champions and scientists, musicians and civil rights leaders, activists and journalists, media moguls and public servants.
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“These are the men and women who in their extraordinary lives remind us all of the beauty of the human spirit, the values that define us as Americans, the potential that lives inside of all of us,” President Obama said.
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Watch video of the ceremony here or read more about each of the 2013 recipients below.

Ernie Banks
Known to many as “Mr. Cub,” Ernie Banks is one of the greatest baseball players of all time. During his 19 seasons with the Chicago Cubs, he played in 11 All-Star Games, hit over 500 home runs, and became the first National League player to win Most Valuable Player honors in back-to-back years. He was elected to the Baseball Hall of Fame in 1977, his first year of eligibility.
Ben Bradlee
Ben Bradlee is one of the most respected newsmen of his generation. During his tenure as executive editor of The Washington Post, Mr. Bradlee oversaw coverage of the Watergate scandal, successfully challenged the Federal Government over the right to publish the Pentagon Papers, and guided the newspaper through some of its most challenging moments. He also served in the Navy during World War II.
Bill Clinton
President Clinton was the 42nd President of the United States. Before taking office, he served as Governor and Attorney General of the State of Arkansas. Following his second term, President Clinton established the Clinton Foundation to improve global health, strengthen economies, promote health and wellness, and protect the environment. He also formed the Clinton-Bush Haiti Fund with President George W. Bush in 2010.
Daniel Inouye (posthumous)
Daniel Inouye was a lifelong public servant. As a young man, he fought in World War II with the 442nd Regimental Combat Team, for which he received the Medal of Honor. He was later elected to the Hawaii Territorial House of Representatives, the United States House of Representatives, and the United States Senate. Senator Inouye was the first Japanese American to serve in Congress, representing the people of Hawaii from the moment they joined the Union.
Daniel Kahneman
Daniel Kahneman is a pioneering scholar of psychology. After escaping Nazi occupation in World War II, Dr. Kahneman immigrated to Israel, where he served in the Israel Defense Forces and trained as a psychologist. Alongside Amos Tversky, he applied cognitive psychology to economic analysis, laying the foundation for a new field of research and earning the Nobel Prize in Economics in 2002. He is currently a professor at Princeton University.
Richard Lugar
Richard Lugar represented Indiana in the United States Senate for more than 30 years. An internationally respected statesman, he is best known for his bipartisan leadership and decades-long commitment to reducing the threat of nuclear weapons. Prior to serving in Congress, Senator Lugar was a Rhodes Scholar and Mayor of Indianapolis from 1968 to 1975. He currently serves as President of the Lugar Center.
Loretta Lynn
Loretta Lynn is a country music legend. Raised in rural Kentucky, she emerged as one of the first successful female country music vocalists in the early 1960s, courageously breaking barriers in an industry long dominated by men. Ms. Lynn’s numerous accolades include the Kennedy Center Honors in 2003 and the Grammy Lifetime Achievement Award in 2010.
Mario Molina
Mario Molina is a visionary chemist and environmental scientist. Born in Mexico, Dr. Molina came to America to pursue his graduate degree. He later earned the Nobel Prize in Chemistry for discovering how chlorofluorocarbons deplete the ozone layer. Dr. Molina is a professor at the University of California, San Diego; Director of the Mario Molina Center for Energy and Environment; and a member of the President’s Council of Advisors on Science and Technology.
Sally Ride (posthumous)
Sally Ride was the first American female astronaut to travel to space. As a role model to generations of young women, she advocated passionately for science education, stood up for racial and gender equality in the classroom, and taught students from every background that there are no limits to what they can accomplish. Dr. Ride also served in several administrations as an advisor on space exploration.
Bayard Rustin (posthumous)
Bayard Rustin was an unyielding activist for civil rights, dignity, and equality for all. An advisor to the Reverend Dr. Martin Luther King, Jr., he promoted nonviolent resistance, participated in one of the first Freedom Rides, organized the 1963 March on Washington for Jobs and Freedom, and fought tirelessly for marginalized communities at home and abroad. As an openly gay African American, Mr. Rustin stood at the intersection of several of the fights for equal rights.
Arturo Sandoval
Arturo Sandoval is a celebrated jazz trumpeter, pianist, and composer. Born outside Havana, he became a protégé of jazz legend Dizzy Gillespie and gained international acclaim as a dynamic performer. He defected to the United States in 1990 and later became an American citizen. He has been awarded nine Grammy Awards and is widely considered one of the greatest living jazz artists.
Dean Smith
Dean Smith was head coach of the University of North Carolina basketball team from 1961 to 1997. In those 36 years, he earned 2 national championships, was named National Coach of the Year multiple times, and retired as the winningest men’s college basketball coach in history. Ninety-six percent of his players graduated from college. Mr. Smith has also remained a dedicated civil rights advocate throughout his career.
Gloria Steinem
Gloria Steinem is a renowned writer and activist for women’s equality. She was a leader in the women’s liberation movement, co-founded Ms. magazine, and helped launch a wide variety of groups and publications dedicated to advancing civil rights. Ms. Steinem has received dozens of awards over the course of her career, and remains an active voice for women’s rights.
Cordy Tindell “C.T.” Vivian
C.T. Vivian is a distinguished minister, author, and organizer. A leader in the Civil Rights Movement and friend to the Reverend Dr. Martin Luther King, Jr., he participated in Freedom Rides and sit-ins across our country. Dr. Vivian also helped found numerous civil rights organizations, including Vision, the National Anti-Klan Network, and the Center for Democratic Renewal. In 2012, he returned to serve as interim President of the Southern Christian Leadership Conference.
Patricia Wald
Patricia Wald is one of the most respected appellate judges of her generation. After graduating as 1 of only 11 women in her Yale University Law School class, she became the first woman appointed to the United States Circuit Court of Appeals for the District of Columbia, and served as Chief Judge from 1986-1991. She later served on the International Criminal Tribunal in The Hague. Ms. Wald currently serves on the Privacy and Civil Liberties Oversight Board.
Oprah Winfrey
Oprah Winfrey is one of the world’s most successful broadcast journalists. She is best known for creating The Oprah Winfrey Show, which became the highest rated talk show in America for 25 years. Ms. Winfrey has long been active in philanthropic causes and expanding opportunities for young women. She has received numerous awards throughout her career, including the Bob Hope Humanitarian Award in 2002 and the Kennedy Center Honors in 2010.

Friday, 4 May 2012

It's that Simple;Employment Report Be The Tipping Point For Equities?



OPINION ON TODAY
This is bad...mkt will weaken throughout the day:

1) Upward revisions mean slowdown is worse than feared
2) Upward revisision and headline number and rate means QE NOT likely
3) All the change to get to 8.1 was a decrease in particpation rate
4) Hourly earnings weak




and Europe likely to fade into the close on election fears
http://seekingalpha.com/currents/post/297321

ALSO
 One does not need to be a rocket scientist to grasp the fudging the BLS has been doing every month for years now in order to bring the unemployment rate lower: the BLS constantly lowers the labor force participation rate as more and more people "drop out" of the labor force for one reason or another. While there is some floating speculation that this is due to early retirement, this is completely counterfactual when one also considers the overall rise in the general civilian non institutional population.

Labor Force Statistics from the Current Population Survey

 


Series Id:           LNS11300000
 
Seasonally Adjusted
Series title:        (Seas) Labor Force Participation Rate
Labor force status:  Civilian labor force participation rate
Type of data:        Percent or rate
Age:                 16 years and over


YearJanFebMarAprMayJunJulAugSepOctNovDecAnnual
200266.566.866.666.766.766.666.566.666.766.666.466.3
200366.466.466.366.466.466.566.266.166.166.166.165.9
200466.166.066.065.966.066.166.166.065.865.966.065.9
200565.865.965.966.166.166.166.166.266.166.166.066.0
200666.066.166.266.166.166.266.166.266.166.266.366.4
200766.466.366.265.966.066.066.065.866.065.866.066.0
200866.266.066.165.966.166.166.166.165.966.065.865.8
200965.765.865.665.665.765.765.565.465.165.065.064.6
201064.864.964.965.164.964.664.664.764.664.464.564.3
201164.264.264.264.264.264.164.064.164.164.164.064.0
201263.763.963.863.6





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If you want a true gauge of the sustainability of the economic recovery, look no further than employment and housing. If the job and housing markets remain weak, the consumer-driven U.S. economy will continue to sputter.
It's that simple.


As highlighted in a previous article, the housing situation in the U.S. still remains relatively bleak. Sales of new homes stand at just about half the roughly 700,000-a-year pace that analysts consider evidence of a healthy market. In addition, home prices are back to levels not seen since late-2002 (based on the Case-Shiller Composite 20 Index).

On the jobs front, private employment increased by 119,000 in April, the smallest gain in seven months, after rising by 201,000 in March (according to a report published by ADP on Wednesday).


As shown in the chart above, the ADP report has a strong historical correlation (0.95) with BLS estimates of total nonfarm payroll employment. As such, many analysts now think that Friday's jobs report will come in well below consensus estimates (167,000).
Even if actual payrolls come in close to consensus estimates, monthly employment growth continues to hover below the magic 200,000 number that signals a strong job market. Payroll growth below this level has historically been negative for stocks.





Employment and Stocks
After troughing in mid-2009, monthly payroll growth turned positive again in early 2010 and the job market appeared to be stabilizing (see chart above). The equity market also began to strengthen, rallying significantly throughout 2010 and early 2011.




Payroll growth dropped below 200,000 in May 2011 and stayed below that level for seven consecutive months (through October 2011). As shown in the chart above, the S&P 500 (SPY) was down over 18% from peak to trough over that period.
The Russell 2000 (IWM) fared even worse, declining over 25% over that period (see chart below).


Other high beta sectors like Financials (XLF) and Emerging Markets (EEM) were down over 30% during this sustained period of slow payroll growth (see charts below).


The Tipping Point for Equities?

If the recent payroll report is the start of a new trend of stagnant employment growth, equities could be in trouble in the coming months.
Investors should continue to monitor the employment market very closely and consider hedging their equity positions and/or diversifying into asset classes that will perform better in a "risk off" environment (like precious metals).
As shown in the chart below, gold (GLD) was up over 20% from May 2011 to October 2011.



todays news


U.S. employers decreased hiring for the second straight month in April but the unemployment rate still fell to 8.1 percent, giving mixed messages about the economy's strength ahead of President Barack Obama's November re-election bid.
Employers added 115,000 workers to their payrolls last month, the Labour Department said on Friday.
The reading keeps fears alive that the U.S. economy is losing momentum and dampens hopes that a stretch of strong winter hiring signaled a turning point for the recovery.
The unemployment rate ticked a tenth of a point lower to a three-year low, as people left the work force. The jobless rate is derived from a separate survey of households, which showed a drop in the number of jobs in April.
Still, the government revised upward its initial estimates for payroll growth in February and March by a combined 53,000. That left the six-month average of job growth at 197,000, nearly exactly where it would have been had April job growth come in as expected at 170,000.
"We're still growing just gradually," said Nigel Gault, an economist at IHS Global Insight in Lexington, Massachusetts.
"Hiring is coming back into line with what you would expect with sluggish growth."
The report, which regularly sets the tone for financial markets around the world, could rattle nerves at the White House. Weak U.S. growth and high unemployment create a formidable headwind for Obama, who entered office during the darkest days of the 2007-09 recession.
His Republican challenger, Mitt Romney, repeatedly has accused Obama of doing too little to foster job growth.
The unemployment rate, which soared to as high as 10 percent during Obama's first year in the office, held near 9 percent for most of last year before falling sharply over the winter.
Still, it remains about 2 percentage points higher than its average over the last 50 years, and the U .S. Federal Reserve thinks it probably will not post a full recovery for at least another several years.
Nevertheless, Fed Chairman Ben Bernanke said last month the central bank is providing enough support for the economy.



WEATHER REPORTS
So far this year, the labour market has given mixed signals.
During the winter, fast growth in payrolls led many analysts to think the economy was turning a corner. Then jobs growth braked in March, fueling fears the recovery was losing momentum.
Most economists think mild weather muddied the waters, boosting hiring in the winter but making spring look weaker because companies had pulled hiring forward.
"It's not that there's something wrong with the economy. Employment just got ahead of itself," said Robert Mellman, an economist at JPMorgan in New York.
The report showed the private sector accounted for all the job gains in April, adding 130,000 new positions. Manufacturing registering another strong month, adding 16,000.
Wall Street analysts see economic growth holding at a lackluster 2.2 percent annual rate in the second quarter, matching its pace in the first three months of the year.
The length of the average work week held steady at 34.5 hours in April.

Will The Employment Report Be The Tipping Point For Equities?