Economy – Page 5 – Shamskm: A site to exchange knowledge and solutions

Maryland Commission Recommends ‘Common Sense’ Immigration Policy

By Guest PostFebruary 9, 2012Politicse verify system, economic contributions, Economy, fbi, foreign born workers, general assembly, immigrants, immigration status, inforum, jeffrey werling, larry shinagawa, maryland, maryland commission, university of maryland

COLLEGE PARK, Md. – Immigrants to Maryland contribute significantly to the state’s economy, and were vital to its workforce expansion in both technical and less-skilled occupations from 2000 to 2010, concludes a new report by a Maryland commission. During this period, immigrants mostly complemented rather than competed with U.S.-born state residents for jobs, it adds.

The Commission to Study the Impact of Immigrants in Maryland, a state panel coordinated by the University of Maryland, evaluated the economic contributions of the state’s foreign-born and the cost of government services for them. It also studied the education experience of the children of immigrants, immigration law enforcement issues facing local communities, and the use of the federal E-Verify system to verify workers’ immigration status. (more…)

2012 Economic Forecast from UMD Business Faculty

By Guest PostJanuary 25, 2012Economy2012 economic outlook, american jobs act, banking industry, banking sector, black friday, canada, cliff rossi, congress, consumer spending, credit, debt crisis, Economy, european, foreclosure, global financial market, housing market, million dollar question, money, new york times, obama administration, President Obama, qr codes, revenue growth, robo signing, sba, sephora, small business administration, small business saturday, small businesses, unemployment, university of maryland, Wall Street Journal, walmart express

COLLEGE PARK, Md. – A weak housing market, tight credit for small businesses, no significant growth in the banking sector, anemic consumer spending, and modest sales for retailers – that’s the outlook for 2012 according to experts at the University of Maryland’s Robert H. Smith School of Business.

“Several important dynamics frame the 2012 economic outlook,” says Cliff Rossi, Tyser Teacher Fellow and executive-in-residence. These factors include:

Massive financial leveraging across the board by sovereign countries, state and local governments, banks, businesses, and individuals;
Fear and uncertainty among consumers and investors, despite faint signs of optimism at times;
Political self-interest and brinksmanship increasingly interfering with effective policy making. (more…)

UMD Study Finds Facebook Applications Create More Than 182,000 New U.S. Jobs Worth $12.19B+

By Guest PostSeptember 26, 20113 commentsTechnologyapp economy, applications for the facebook platform, Economy, Facebook, farmville, il horn hann, mobile technology applications, popular games, siva viswanathan, software, university of maryland, us jobs picture

College Park, Md. – While the U.S. jobs picture may be bleak, the proliferation of Facebook and mobile technology applications has spawned an entirely new industry dubbed the “App Economy” – that has added at least 182,000 new jobs and contributed more than $12.19 billion in wages and benefits to the U.S. economy this year, according to new research from the University of Maryland’s Robert H. Smith School of Business. Using more aggressive estimates, the Facebook App Economy created a total of 235,644 jobs, adding a value of $15.71 billion to the economy. (more…)

Brazil Continues to Celebrate After Carnival

By Guest PostMarch 8, 20112 commentsPoliticsArgentina, brazil, brazil and the united states, brazilian steel industry, bridge, carnivals, coffee trade, cold war, cultural difference, diamonds, Economy, Europe, footballers, Germany, joseph smith, language barriers, major global power, popular world view, portuguese, president roosevelt, rio branco, russia, south america, spanish speaking countries, sugar industry, superpower, united states, usa, world war two

The popular world view of Brazil may be triggered by thoughts of spectacular Carnivals and skilled footballers, yet the country is also determined to be regarded as a major global power.

The most comprehensive historical review of Brazilian relations with superpower USA has been written by a University of Exeter historian and identifies how the relationship has developed over the last 200 years. (more…)

‘Growing Economy Sparks Change in Chinese Mating Preferences’

By Guest PostFebruary 15, 2011Cultureattractive mates, chastity, China, cultural evolution of values, cultural mate preferences, david buss, economic changes, economic prosperity, Economy, evolutionary hypothesis, evolutionary psychologist, good earning capacity, grow, mates, premarital sex in china, sexual partner, social status, trait, young adults

AUSTIN, Texas — As China’s economy continues to grow, more young adults desire potential mates with good financial prospects, according to new psychology research from The University of Texas at Austin.

In a paper published in the February issue of Personality and Individual Differences, David Buss, an evolutionary psychologist at the university, and a team of researchers found the preference for financial security reflects the extraordinary economic changes in China over the past 25 years. (more…)

10 Reasons Why It Has Become So Soul-Crushingly Difficult To Find A Job In America Today

By Guest PostFebruary 13, 2011Economyadvances in technology, Barack Obama, China, economic benefit, economic downturn, Economy, find a job, food and drug administration, gallup, globalism, middle class, mortgage, rene sommer, robot, soul crushing, taxation, today, trade deficit, u s, unemployed, unemployed worker, united states, war zones

Have you been unemployed lately? If so, then you probably know how frustrating it is to try to find a job in the United States today. It now takes the average unemployed worker about 33 weeks to find a job. There are millions of Americans that have not been able to find a full-time job even after searching hard for an entire year. Some areas of the United States have been devastated so badly by the economic downturn that they are starting to resemble war zones.

Unless you have been there, it is hard to even try to describe the extreme frustration that one feels when you are unable to pay the mortgage and feed your family. It can be absolutely soul-crushing. But it is not the fault of those who are unemployed. The truth is that our economy is dying and it is not producing nearly enough jobs anymore. Unfortunately, as you will see from the facts listed below, most of the things that are causing our economy to die have no realistic chance of being changed any time soon.

The following are 10 reasons why it has become so insanely difficult to find a job in America today…. (more…)

CIO Technology Priorities for 2011: Flexible Financing Options

By Guest PostFebruary 1, 2011Technologybusiness model, chief information officers, cios, daniel gasparro, Economy, global economic climate, howrey, microsoft financing, microsoft financing program, microsoft software, seth eisner, strategic it, technology priorities

*Financing purchases under a Microsoft Enterprise Agreement can help CIOs strategically manage their IT budgets*

REDMOND, Wash. — Feb. 1, 2011 — In the current global economic climate, chief information officers (CIOs) are carefully examining their technology priorities and becoming more involved in financing to meet strategic IT objectives.

Daniel Gasparro of the international law firm Howrey LLP serves as both the firm’s CIO and executive director of operations. His hybrid role of both technical and business leadership has become a growing trend among Fortune 500 and other companies. (more…)

‘Nightmare’ Economy Still a Source of Restless Nights, says Krugman

By Guest PostNovember 11, 2010Economyben bernacke, China, columnist, economist, Economy, federal reserve, global markets, Great depression, japan worriers, japanese economy, martin luther king, microeconomic, new york times, nobel prize, obama administration, paul krugman, richard c levin, sprague hall, united states

Paul Krugman. Image credit: Yale University

Nobel Prize-winning economist and New York Times columnist Paul Krugman had some generally dismal news for the near capacity audience that came to Sprague Hall on Tuesday for his Jackson Institute-sponsored town hall meeting.

The gathering, aimed at undergraduates, was held in conjunction with Krugman’s visit to Yale to receive the Henry E. Howland Memorial Prize, one of the highest honors that the University bestows.

Krugman was introduced by President Richard C. Levin; the two were briefly colleagues in Yale’s Department of Economics in the 1970s. He kicked off the Q&A with background on the current economic situation. (more…)

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