For better or for worse, bosses don’t spend much time thinking about your needs and worrying about helping you with your career advancement. Bosses, like most people at work, are busy people with their own jobs, their own lives, and their own concerns.
Ed. Note: This is cross-posted from the Bureau of Economic Analysis's blog. It highlights the coordination and collaboration between BEA and NOAA to bring value in data and services to the American public.How many jobs are created from the construction of a new bridge or an increase in tourism?
The Bureau of Economic Analysis’ (BEA) new Web portal on the ocean
and Great Lakes economy shows how the Bureau’s Regional Input-Output
Modeling System (RIMS II) can be used to provide answers to such
questions. The new Web site stems from a joint project with the Commerce
Department’s National Oceanic and Atmospheric Administration.
RIMS II, a regional economic model, is used by investors, planners,
and elected officials to objectively assess the returns to projects
ranging from a new sports stadium to a new bridge. The returns include
the short- and long-term increases in jobs and spending associated
with the projects.
The idea behind the results of RIMS II is that an initial change in
economic activity leads to additional changes in economic activity in
other parts of an economy—for example, building a new bridge leads to
increased production of concrete and steel. The increased production of
concrete and steel leads to more mining. Workers benefiting from these
increases may also enjoy bigger paychecks, so they may then spend more
by eating out at nicer restaurants or splurging more on entertainment.
The market is not sure of what to expect from the US drugstore chain, Rite Aid Corporation (RAD). Rite Aid stock fell 18% after the drugstore revised down its next year’s guidance for the second time in September. This was followed by major investment firms, including JPMorgan Chase & Co.
Rite Aid Corporation (RAD) has retreated roughly 19% in the last three months, underperforming competitor Walgreen Company (WAG) by about nine percentage points (ppts); the company has continued to underperform Walgreen in terms of topline growth.
Rite Aid Corporation (RAD), through its subsidiaries, operates retail drugstores in the United States. The company's drugstores primarily offer pharmacy services.Rite Aid is scheduled to report its first quarter earnings results on June 21, 2012, before market open.
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