Viernes 04/03/11 situation del empleo podrian ser 200,000

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Eventos economicos

Viernes

Situacion del empleo
Ordenes de fabricas

Employment Situation
8:30 AM ET

Factory Orders
10:00 AM ET

Treasury STRIPS
3:00 PM ET

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Parece que el sector privado ha empezado a contratar personal, se espera que se hayan creado 192,000 empleos en Febrero.

AHEAD OF THE TAPEMARCH 4, 2011
Job Growth: A Public-Private Partnership
By KELLY EVANS

The U.S. labor market is in the midst of a sea change.

A slew of recent indicators suggest private-sector businesses are finally in hiring mode. The employment index of the Institute for Supply Management's manufacturing survey rose in February to its highest level since 1973. The service sector's reading is at nearly a six-year high. Meanwhile, the weekly level of new jobless claims is at its lowest since

Job seekers fill out applications at a job expo in Garden Grove, Calif., last month.

In turn, the Labor Department's official February employment report, out Friday, is expected to show a hefty gain in the number of jobs the U.S. economy added last month. Economists polled by Dow Jones on average are looking for a gain of 192,000 after just 36,000 in January. Excluding last summer's one-time census-related hiring boost, this would easily be the biggest one-month increase since 2007.

Such job creation, if sustained, "is sufficient to give the U.S. economy escape velocity" out of the downturn, says Pimco portfolio manager Anthony Crescenzi. And it better, because what the private sector giveth, the public sector may taketh away. As illustrated by high-profile budget battles taking place in state capitals such as Madison, Wis., the ax threatens to fall on government employees, especially if they refuse wage or benefit concessions.

So far, the public sector has largely avoided deep layoffs. Indeed, public-sector employment increased from December 2007 to last February, a period when private-sector employment lost 8.8 million jobs. Only since last July—the start of the current fiscal year for many states and municipalities—has government employment begun to shrink.

That could accelerate now that states face deep budget holes for fiscal 2012 and 2013, even as $140 billion in federal stimulus funds evaporate. Combined, some 45 states and the District of Columbia face shortfalls of about $125 billion for the coming fiscal year, and a further $70 billion gap looms already for fiscal 2013, according to the Center on Budget and Policy Priorities.

The degree to which that interferes with the broader recovery depends on the strength of private-sector job growth. After all, the government employs about 22 million workers; the private sector is about five times as large. As long as the private sector is ascendant, public-sector pain may not be such a drag.

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Live Spot Prices

SPOT PRICE IS OPEN
Price: US$/lb 

Copper March 03,21:19
Bid/Ask 4.4655 - 4.4666
Change -0.0006 -0.01%
Low/High 4.4644 - 4.4923
Charts

Nickel March 03,21:14
Bid/Ask 13.0595 - 13.1003
Change +0.0054 +0.04%
Low/High 13.0540 - 13.1134
Charts

Aluminum March 03,21:19
Bid/Ask 1.1601 - 1.1613
Change +0.0007 +0.06%
Low/High 1.1595 - 1.1626
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Zinc March 03,21:19
Bid/Ask 1.1217 - 1.1247
Change -0.0017 -0.15%
Low/High 1.1191 - 1.1283
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Lead March 03,21:15
Bid/Ask 1.1873 - 1.1917
Change -0.0020 -0.17%
Low/High 1.1863 - 1.1936
Charts

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Oil up, futures DJ +7

9:20 p.m. EST 03/03/11Futures
  Last Change Settle
Crude Oil 102.33 0.42 101.91
Gold 1418.2 1.8 1416.4
DJ Industrials 12246 7 12239
S&P 500 1331.30 1.60 1329.70
9:31 p.m. EST 03/03/11Currencies
  Last (bid) Prior Day †
Japanese Yen (USD/JPY) 82.36 82.36
Euro (EUR/USD) 1.3953 1.3960
† Late Thursday in New York.

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Asia-Pacific
INDEX VALUE CHANGE % CHANGE TIME
NIKKEI 225 10,751.40 165.35 1.56% 21:00
HANG SENG INDEX 23,425.30 302.88 1.31% 21:09
S&P/ASX 200 INDEX 4,857.10 50.70 1.05% 21:25

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Au up
SPOT MARKET IS OPEN
closes in 19 hrs. 40 mins.
Mar 03, 2011 21:34 NY Time
 Bid/Ask 1418.30 - 1419.30
 Low/High 1409.40 - 1437.50
 Change +3.00   +0.21%
30daychg +76.40   +5.69%
1yearchg +278.70   +24.46%

[admin]

Los futures del Dow Jones 18 puntos al alza.

Au up 1,418.50, oil up 102.29

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Estan reportando que Obama, Farrakhan y Gadhaffi son amigos. Con razon que se demoro tanto en denunciarlo.

+14

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Euro down 1.3947

Australia +1.07%, el Shanghai c. +0.33%, Korea +1%, el Hang Seng +1.32%, el Nikkei +1.56%

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Hoy informaron que uno de los fundadores de Facebook habia vendido acciones. No se sabe cual de los fundadores. Son las acciones antiguas por que de las nuevas hay prohibiciones para venderlas.

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Mc Cain estuvo 12 dias en el Medio Oriente, dice que el hombre mas famoso en Tunisia es el CEO de Facebook Zuckerberg.

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Senador Hatch: Obama no es un lider. No sabe que hacer.

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A los republicanos les ha dolido mucho perder la presidencia, parece que han madurado y han aprendido de sus errores. Veremos

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El partido republicano promete recortar los servicios de beneficencia para balancear el presupuesto Americano.

El House Speaker John Boehner dijo el Jueves que el esta decidido a ofrecer un presupuesta esta primavera que recortara el Social Security (pensiones) y Medicare (seguro de salud para los retirados) a pesar del riesgo politico y dijo que los republicanos trataran de persuadir a los americanos que tendremos que hacer sacrificios.

GOP Aims to Tame Benefits Programs
By NAFTALI BENDAVID And JANET HOOK
WASHINGTON—House Speaker John Boehner said Thursday that he's determined to offer a budget this spring that curbs Social Security and Medicare, despite the political risks, and that Republicans will try to persuade voters that sacrifices are needed.

In an interview with The Wall Street Journal, Mr. Boehner said House Republicans would offer a budget for the next fiscal year that sets goals for bringing the programs' costs under control. But he acknowledged that Americans aren't yet ready to embrace far-reaching changes to Social Security and Medicare because they aren't aware of the magnitude of the financial problems.

"People in Washington assume that Americans understand how big the problem is, but most Americans don't have a clue," Mr. Boehner said, speaking in his Capitol office. "I think it's incumbent on us, if we are serious about dealing with the big challenges, that we go out and help Americans understand how big the problem is that faces us."

He added, "Once they understand how big the problem is, I think people will be more receptive to what the possible solutions may be."

Mr. Boehner also spoke forcefully in favor of raising the government's debt limit, a move strongly opposed by many conservative House Republicans. He reiterated that the action would have to be coupled with significant spending cuts.

House Speaker John Boehner said in an interview the GOP will set goals to control benefit programs' costs.
."I think raising the debt limit is the responsible thing to do for our country, the responsible thing for our economy," Mr. Boehner said. "If we were to fail to increase the debt limit, we would send our economy into a tailspin."

Even while Republicans and Democrats wrangle over cuts to the discretionary spending that is determined by Congress every year, the question of how to tackle the government's promised Social Security and Medicare payments has loomed as a tougher challenge.

Entitlement programs such as Social Security, Medicare and Medicaid make up more than 60% of the budget. Annual outlays are expected to grow an average of 5.4% for Social Security and 6.8% for Medicare through the end of the decade.

Medicare's trustees estimate its main program will have sufficient funds to fully cover expenditures through 2029. The comparable date for Social Security is 2037.

.A Wall Street Journal/NBC News poll this week showed less than a quarter of Americans support making significant cuts to Social Security or Medicare to tackle the government's financial woes. But a majority supported reducing benefits for wealthier retirees and raising the Social Security retirement age.

Mr. Boehner, an Ohio Republican, said he told President Barack Obama that he would take the political plunge alongside him if the president announced his own willingness to tackle changes to those programs.

"I offered to the president we could lock arms and walk out and begin the conversation about the size of the problem," Mr. Boehner said, adding that Mr. Obama responded "positively."

But he also took aim at Mr. Obama for not proposing a plan to overhaul the programs. "I think the president shrank from his responsibility to lead," Mr. Boehner said. "He knows the numbers as well as we do."

The White House declined to respond, but Rep. Rob Andrews (D., N.J.) said tackling big problems would be tougher if the two sides criticized each other. "It's impossible if the process begins with the parties attacking each other, and I think Speaker Boehner ought to reconsider that tone and that message," he said.

Mr. Boehner made it clear the Republicans are not themselves offering a detailed plan anytime soon. Rather, the budget is likely to contain cost containment goals, but no specific ideas on how to achieve them.

During the interview, Mr. Boehner sipped coffee from a Styrofoam cup, the kind that were banished from the Capitol as environmentally unfriendly by former House Speaker Nancy Pelosi. He spoke to the Journal shortly before going into a meeting with Vice President Joseph Biden and top congressional leaders about spending for the rest of the 2011 fiscal year. He refused to say where he thought those talks would lead.

"Am I optimistic we're going to cut spending and keep the government open? Yes," he said.

At the meeting, the White House offered to make an additional $6.5 billion in spending cuts to the budget for the fiscal year that ends on Sept. 30. That was a step in the direction of Republican budget-cutters, but a fraction of the $57 billion difference between the parties.

Some have questioned whether the two sides can reach a deal for the rest of the fiscal year by a March 18 deadline, the date that legislation currently funding the government expires. But Mr. Boehner said, "We can do this in two weeks. I'm a glass-half-full guy."

He added that his relationship with Mr. Obama, with whom he talks every couple of weeks, is good. "It's open, it's honest, it's fair," he said.

Mr. Boehner declined to specify how he'd persuade GOP freshmen to support raising the debt ceiling. Many of them ran hard-hitting ads last fall blasting Democratic incumbents for voting to do so in the past.

Mr. Boehner spoke extensively about his relationship with the restless group of 87 House GOP freshmen. He recalled that during last year's campaign, many of them told him they noticed that Republican House members remained unified. During a meeting with the freshmen Thursday, he said, he recalled that observation.

"I reminded them of that story at noon today, because it was very obvious to them as they were candidates that this team stuck together," Mr. Boehner said.

But the GOP freshmen have shown considerable independence from Mr. Boehner and other Republican leaders—rejecting, for example, the leadership's initial 2011 spending plan. Democrats and other critics have suggested that Mr. Boehner isn't fully in charge of his own troops.

The speaker played down the freshmen's rebelliousness, saying he remembers what it was like to be a newcomer. "I was one of those wild-eyed, bomb-throwing freshmen," he said. "When they act like themselves, I'm very familiar with it."

Mr. Boehner added that he spends a good deal of time explaining to the freshmen what he's doing and getting their input, including Thursday's half-hour session. "Some think this is smart, we're doing good," he said. "Others think we should be doing more."

Mr. Boehner's office features such mementos as an oversized gavel and two golf-related books on a coffee table. On his wall, a New Yorker magazine drawing shows a wary Mr. Obama extending a handshake to a smiling Mr. Boehner, who in return offers a "fist bump.''

Mr. Boehner said he loved the men's expressions, and that the two men would probably be looking at each other that way all year.

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El Jueves el gigante de software dijo que estaba entrando en una sociedad con The Dealmap, un agregador de titulos locales, estrategia que les permitira usar el 13.1% de su participacion de mercado de buscadores para ofrecer sus servicios a mayores audiencias. La alianza le permitira a los clientes que compran publicidad tener acceso a usuarios de computadoras como telefonos inteligentes para que puedan usar Bing.
Partnership Provides Microsoft's Bing With Mobile, Social Shopping

By STEVEN D. JONES
Microsoft Corp. is getting into social shopping.

Thursday, the software giant said it was partnering with The Dealmap, an aggregator of local and national deals, a move that would allow it to use its 13.1% share of the search market to offer vendors bigger audiences than they currently reach. The alliance will allow advertisers to reach both desktop and mobile users of the software giant's Bing search engine.

Partnering with The Dealmap, owned by Menlo Park, Calif.-based Center'd Corp., pushes Microsoft into the newly emerging group-shopping business. Social shopping allows businesses to reach larger pools of customers by offering discounts on goods and services to people who sign up for the bargains.

The partnership will complement Bing Shopping, a retail website that offers goods from shoes to computers. In a news release, Microsoft said working with The Dealmap made more sense than "creating our own program" for social shopping. The content will only appear through Bing, not Yahoo, even though Bing now powers Yahoo search.

Microsoft may add other group-shopping partners in the future, a spokesman said in an email response to questions.

Terms of the deal were not disclosed.

Group-shopping sites offer deep discounts on everything from clothing to dining and wine tasting. By featuring deals daily in each market area and capping how many of those deals can be purchased, the sites create demand and interest. Retailers benefit from heightened exposure and customers get a deal.

Group shopping—one of the fastest-growing segments of the Web—was pioneered two years ago by Chicago-based Groupon Inc. About one third of U.S. online shoppers have signed up for a social-shopping service, but only half that number have so far purchased items through the services, J.P. Morgan estimated in a January research report. Spending will grow as familiarity with the sites grows and things like mobile access make them easier to use, the report said. Groupon, which turned down a $6 billion takeover offer from Google Inc. last year, could be worth three times that amount if it goes public, analysts say.

The Dealmap aggregates deals from nearly 300 local businesses, national companies and other shopping sites. Those include Groupon and competitor Living Social Inc. of Washington D.C., as well as Restaurants.com of Arlington Heights, Ill.

Nine-month-old Dealmap aggregates nearly 400,000 deals daily, compared with other group-deal sites that frequently offer fewer than 5,000 promotions daily, according to Jennifer Dulski, chief executive of Center'd.

The service delivers those deals to about 1.6 million subscribers to its Dealmap site, as well as about 40 distribution partners, such as email marketers and search site CitySearch.com. Ms. Dulski said Microsoft's Bing would be its biggest partner.

Retailers and Web shopping sites deliver their shopping content to a "deal exchange" that The Dealmap operates. Distribution partners, such as Bing, then draw out content for delivery to shoppers on demand, said Ms. Dulski. The company receives revenue on each of those transactions and shares it with its distribution partners, Ms. Dulski said.

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Walmart aumento el pago de dividendos en 21%