Instant view: Weekly jobless claims fall slightly

NEW YORK | Thu Jun 30, 2011 8:56am EDT

NEW YORK (Reuters) – New claims for unemployment benefits fell by 1,000 to a seasonally adjusted 428,000, the Labor Department said Thursday

The prior week’s figure was unrevised at 429,000.

It was the 12th straight week that claims have been above 400,000, a level that is usually associated with a stable labor market.

The number of people still receiving benefits under regular state programs after an initial week of aid fell 12,000 to 3.70 million in the week ended June 18. So-called continuing claims covered the survey week for the employment report’s household survey, from which the unemployment rate is derived.

Employment stumbled badly in May, with employers adding just 54,000 jobs — the fewest in eight months. Nonfarm payrolls are expected to have increased 90,000 this month, according to a Reuters survey, with the unemployment rate edging down to 9.0 percent. The employment report for June will be released on July 8.

TOM PORCELLI, CHIEF U.S. ECONOMIST, RBC CAPITAL MARKET, NEW YORK:

“Claims remain stubbornly high. The important thing for us in a bigger picture perspective, even with claims around this level it is still consistent with payrolls running around 150,000, and that is a pace we think we will get back to in the second half of the year. There is no impact from this number on our forecast for payrolls for next week — there we are looking for a very modest 110,000 in private and 85,000 on the headline. We think that this will probably be another month of just utterly modest payrolls growth, but that is consistent with the soft patch that we are going through.”

DAVID RESLER, CHIEF ECONOMIST, NOMURA SECURITIES, NEW YORK:

“We suspect that the last two weeks may be reflecting early seasonal shutdowns in the auto industry. We don’t know that for sure, but we do know some companies were planning to shut down for retooling in June rather than typically they do it in early July.

“There may be some of that behind the relatively higher readings the last two weeks than the previous weeks. It’s a possibility, we don’t know for sure how much of that’s in the data.

“We’re in a bit of soft patch in the economy, so I wouldn’t expect it to fall significantly, let’s say fall below 400,000 on a sustained basis until the economy is on a decidedly stronger footing.”

JOHN CANALLY, INVESTMENT STRATEGIST AND ECONOMIST, LPL FINANCIAL, BOSTON:

“People are kind of still underestimating the impact of the first school layoffs. School ended at end of May, and most can cancel out claims in September, but many don’t have jobs until September.”

“Also, usually auto plants shut down for retooling maybe the last week of June, first week of July. But because of the autopart shortages with the tsunami, many decided to move up the plant shut down to the middle of June. So the layoffs are hitting the data now. So we’ll have elevated readings now this week, but by the second week of July we’ll see them come down a bit.”

“The markets have had low expectations for data over the past week. But we’ve beaten lower expectations. So the bad news is priced in already.”

LOU BRIEN, MARKET STRATEGIST, DRW TRADING GROUP, CHICAGO:

“The claims number, net-net, should have been a little bit positive for the bonds, but instead you’re seeing the shorts pressing.

“Claims seem to consistently be above expectations. Claims data is not telling a very good story because the labor market improvement we’ve seen in the past year and a half has been because of fewer layoffs and not more hiring. The number of people that are getting jobs each month is no better than it was at the worst levels of the labor market back in 2009. The improvement has been from less firing. So the increase in claims, from that regard, doesn’t tell a very good story.”

BRETT RYAN, ECONOMIST, DEUTSCHE BANK, NEW YORK

“We think in July definitely we will start to see the number drift back down. One reason claims have been elevated as of late is because auto makers that usually take July to do auto retooling at the plant moved that forward to June.

“The labor department probably doesn’t take that into account. We do think from anecdotal evidence from Toyota and other automakers that hiring will go up in July.”

TROY DAVIG, SENIOR U.S. ECONOMIST, BARCLAYS CAPITAL, NEW YORK:

“This is roughly in line with expectations. This reflects lingering softness in Q2 from some of the temporary factors. The job market is still going sideways.

“Payroll growth is going to be more like last month’s rather than first three months of the year. We think there’ll be about 100,000 in private job growth and 75,000 overall.”

VIMOMBI NSHOM, ECONOMIST, IFR ECONOMICS, A UNIT OF THOMSON REUTERS:

“Essentially the unemployed have been engaging in similar filing behavior for nearly a month now, where the moving average fine tuned between 426,250 – 426,750 in four of the past five weeks.

“This week’s corresponding moving average is no different at 426,750. There is nothing unusual manifested in these numbers, basically a mediocre report reflecting an uneventful week. Taken in a larger sense (adding today’s numbers to the picture coming together in the past two months), claims seem to have come off moderate-to-high swings shifting by 20,000-40,000 and slowed to modifications raising and lowering the level by no more than 10,000.”

Morning Links: No Doubt Readies New Album, Lady Gaga Launches a Tumblr – BlackBook

● David Duchovny and Tea Leoni are “taking time apart” after 14 years of marriage — minus the few months back in 2008 when Duchovny checked into sex-rehab. [TMZ]● Shia LaBeouf “nodded affirmatively” when asked if he hooked up with Megan Fox while working on Transformers. “I think you can see the chemistry onscreen,” he said. “It was what it was.” True or not, he’s totally cool with you thinking that he did. [Details] ● Ten years after their debut, No Doubt are readying a new album that’s slated for the end of summer. Rolling Stone reports that the still-untitled album is a “party-ready reggae blast featuring Stefani’s toasting skills.” Which, except for the part where everyone in the band is ten years older, sounds a lot like a No Doubt album. [RS]

(‘’)

● Tom Petty really wishes Michele Bachmann would quit using “American Girl” as her campaign song. And thus begins the season of embarrassed musicians and even more embarrassed politicians. [Politico]● Lady Gaga’s launched a Tumblr, where she’s been posting photos and quotes. Have at those “likes,” little monsters. [AmenFashion]● Rachel Zoe’s baby already dresses better than you. This photo of him in sunglasses is surely just the beginning. [E!]

Dynamic Builders notch opening win

Wednesday, June 29, 2011

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DYNAMIC Builders 9-A-Side Football Tournament 2011 defending champion Dynamic Builders Football Club (FC) kept its winning form as it notched a 3-1 victory over Ceres Transport Sunday in the 2011 Negros Leo and Pia Yanson (LPY) 9-A-Side bootfest played at the Ayala North Point pitch in Talisay City.

Ali Rojas Go led the Dynamic’s offense with two goals.

Win US $500 cash in Sun.Star’s music video contest

Go drew first blood with his goal in the 17th minute but it was negated in the 19th minute as Ceres’ Ariel Opelario nailed a quick equalizer to even the score at the half.

In the resumption of the game, Noel de Oca scored a goal in the 58th minute to put Dynamic ahead, 2-1. Go sealed the squad’s victory with his second goal in the 62nd minute.

In the second game, 2011 Dynamic Builders 9-A-Side Football Tournament first runner-up Trimaxi Agro FC blanked Talisay FC, 7-0.

FJ Serios topscored for Trimaxi with a pair of goals in the 11th and 56th minutes of the match.

Talisay held Trimaxi to a lone goal at the first half but Trimaxi’s strong attacks in the second half-stunned Talisay’s defense, allowing 6 successful goals in 16 minutes.

Michael Benedicto opened Trimaxi’s second half goal at the 49th minute, followed by Jason Padilla in the 52nd minute and Serios’ 56th minute goal. Theo Limas added another in the 59th as Alejandro Montelibano and Eric Gallaga scored one goal apiece in the 64th and 65th minute, respectively.

In the third match, Real Negrense FC defeated Las Buenas FC, 4-2, on a come-from-behind victory.

Hostilities will run from June 26 to September 11, 2011.

Published in the Sun.Star Bacolod newspaper on June 29, 2011.

Sun.Star on social media

Prune now for fireworks later

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Trenton Police Detective Shoots Drug Dealer

TRENTON, N.J. (AP) — Trenton police say a city detective shot and wounded a suspected drug dealer after the man pointed a loaded handgun at him.

Police Director Joseph Juniak said 32-year-old Aaron Veh Carter of Trenton, was shot several times, but his wounds were not considered to be life-threatening. He was taken to Capital Regional Medical Center at Fuld Hospital, but further details on his injuries were not disclosed.

The shooting occurred shortly before 10:30 a.m. Saturday, after police working on a burglary task force detail in the 600 block of Martin Luther King Boulevard saw an apparent drug deal Carter was involved in, Juniak said.

Carter ran off and apparently tried to conceal something in his waistband shortly before he was tackled by the detective, whose name was not disclosed. The detective then tried to handcuff Carter, who initially did not resist but then escaped and ran off again, Juniak said.

A brief chase then ensued before Carter pulled out his weapon, and the detective shot him with his department-issued weapon. Juniak said Carter had two loaded handguns in his possession, and both were recovered at the scene.

The detective was not injured in the incident, which remains under investigation city police, but his status was not immediately known late Saturday afternoon.

The shooting will also be investigated by the Mercer County Prosecutor’s Office and has been referred to the State Attorney General’s Office, which is standard policy in police-involved shootings.

(© Copyright 2011 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

6/30: New Kids vs. Backstreet Boys: A Tale of Two Boy Bands

They were among the bigger teen sensations of their generations, New Kids on the Block giving girls of the ’80s a reason to shriek and Backstreet Boys doing the same for the turn-of-the-century Tiger Beat enthusiast.

Now, they’re joining forces on a tour they couldn’t help but bill as NKOTBSB, arriving Thursday, June 30, at US Airways Center.

Here’s a guide to help you keep those letters separate in your mind.

Loading list…

New Kids on the Block

Hometown: Boston.

Year assembled: 1984.

The boys: Donnie Wahlberg, Danny Wood, Joey McIntyre, Jordan Knight, Jonathan Knight.

Svengali-like impresario behind their rise to fame: Maurice Starr, the man who gave the world New Edition.

Years in which those shrieking young girls helped put singles on the pop charts: 1988-92, although they did enjoy a decent comeback single in 2008 with “Summertime.”

Breakthrough single: “Please Don’t Go Girl,” a ballad written and produced by Starr in the style of New Edition’s “Is This the End,” hit No. 10 on Billboard’s Hot 100 in October 1988. (Aaron Carter, whose big brother Nick is in the Backstreet Boys, recorded “Please Don’t Go Girl” for his first album at the age of 10.)

Age of youngest member at the time of U.S. breakthrough: Joey was 15 when “Please Don’t Go Girl” peaked at No. 10.

Ages now: Donnie, 41; Danny, 42; Joey, 38; Jordan, 41; Jonathan, 42.

Number of chart-topping singles: 3.

Number of platinum singles: 2.

Biggest hits: “I’ll Be Loving You (Forever),” “Hangin’ Tough,” “Step by Step.”

Biggest album: Released in 1988, “Hangin’ Tough” went eight-times-platinum.

Classic quote from back in the day: At 17, Joey told People, “I’m not at an age where I want to have a real girlfriend. One person for the rest of my life? That’s ridiculous. If I was to date someone, she’d have to be a lot older, like 19 or 20.”

Crush-worthy lyric: “Please don’t go, girl/You would ruin my whole word,” from “Please Don’t Go Girl.”

Backstreet Boys

Hometown: Orlando.

Year assembled: 1993.

The boys: Brian Littrell, Nick Carter, A.J. McLean, Howie Dorough and Kevin Richardson (who no longer performs with the group).

Svengali-like impresario behind their rise to fame: Lou Pearlman, who also launched ‘N Sync and O-Town.

Years in which those shrieking young girls helped put singles on the pop charts: 1995-2005.

Breakthrough single: Released as their first U.S. single in the summer of 1997, nearly a year after topping the charts in Austria and Switzerland, “Quit Playing Games (With My Heart)” hit No. 2 on Billboard’s Hot 100 and remains their highest-charting U.S. single ever.

Age of youngest member at the time of U.S. breakthrough: Nick Carter was 17 when “Quit Playing Games (With My Heart)” hit Billboard’s Hot 100.

Ages now: Brian, 36; Nick, 31; A.J., 33; Howie, 37.

Number of chart-topping singles: 0.

Number of platinum singles: 3.

Biggest Hits: “Quit Playing Games (With My Heart),” “Everybody (Backstreet’s Back),” “All I Have to Give.”

Biggest album: Released in 1999, “Millennium” has sold more that 12 million copies.

Classic quote from back in the day: At 18, Nick told Billboard, “It’s definitely a compliment to have all these screaming young girls. But at the same time, we feel our music is for everybody. We want it to be for young, old, Black, White, anything. Recently, we’re starting to see adults getting into it. We love that, to be respected by older people.”

Crush-worthy lyric: “I’ll never break your heart/I’ll never make you cry/I’d rather die than live without you,” from “I’ll Never Break Your Heart.”

Clear Lake man sentenced on child endangerment and weapons charges

MASON CITY – A Clear Lake man was sentenced in Cerro GordoCounty District Court to two years probation for leaving his4-year-old son home alone back in April.

Christopher Dean Wood, 38, Clear Lake, was also sentenced to twodays in jail for carrying a dangerous weapon.

Wood was stopped by a Clear Lake police officer on April 9,according to a news release from the Clear Lake PoliceDepartment.

The police officer found that Wood was driving with a suspendedlicense.

Wood told the officer he needed to go home because he had lefthis 4-year-old child alone in his apartment.

Another officer was dispatched to the apartment, where the boywas found alone.

Wood was sentenced to two years in prison on the childendangerment charge. The prison time was suspended and Wood wasplaced on two years probation. He was also ordered to pay a $625fine.

In addition to the two days in jail for carrying a dangerousweapon, Wood was given a $315 fine.

Wood was charged with carrying a knife with a blade of five toeight inches in length.

Google Transparency Report: U.S. accounts for most user data requests

Editor

Andrew J. Nusca is an editor for ZDNet and SmartPlanet. As a journalist based in New York City, he has written for Popular Mechanics and Men’s Vogue and his byline has appeared in New York magazine, The Huffington Post, New York Daily News, Editor & Publisher, New York Press and many others. He also writes The Editorialiste, a media criticism blog.

He is a New York University graduate and former news editor and columnist of the Washington Square News. He is a graduate of the Columbia University Graduate School of Journalism. He has been named “Howard Kurtz, Jr.” by film critic John Lichman despite having no relation to him. He lives in his native Philadelphia with his wife, cat and Boston Terrier.

Follow him on Twitter.

Independence Day plans are announced – journalpatriot: : july 4, fireworks,

Several observances of Independence Day are scheduled in WilkesCounty, but one annual event has been delayed to this fall.

The Fly-In at the Wilkes County Airport, organized by theMountain View Ruritan Club, has been on a Saturday close to July 4every year since the first one in 1992.

Club spokesman Jimmy Wiles said the 19th annual Fly-In isscheduled for Sept. 17 this year because of the likelihood ofcooler weather then.

Wiles said free games for children, live music and otheractivities are planned, including a parachute jumping demonstrationby a company based in Swan Creek. Food will be for sale.

New in McGrady

A free program, planned for the first time, about theDeclaration of Independence, U.S. Constitution and Articles ofConfederation, is from 6-7 p.m. Saturday at the Halls MillsCommunity Center on N.C. 18 North in the McGrady community.

This event is being organized by the Halls Mills Ruritan Cluband is designed for people of all ages, said a club spokesman. Freerefreshments will be provided.

In the Wilkesboros

The 12th annual Wilkes County Emergency Vehicle Parade throughthe Wilkesboros and the annual Independence Day fireworks displayat Memorial Park are both scheduled Monday. The fireworks display,co-sponsored by Wilkes Law Enforcement Officers Association (WLEOA)and the Wilkes Journal-Patriot, starts at dusk.

The parade starts at 8:30 p.m. and will include different typesof emergency vehicles from Wilkes and surrounding counties. Stagingfor the parade is at West Park, North Wilkesboro from 6-8 p.m. July4.

It will leave West Park, turn right on West D Street, then righton CBD Loop to Sixth Street, then left on Sixth Street to MainStreet, then left on Main Street to 10th Street, then right on 10thStreet to D Street, then left onto D Street to the CBD Loop, thenleft on the CBD Loop, then right on Wilkesboro Boulevard, then lefton Wilkesboro Avenue and end at Memorial Park and the Board ofEducation parking lots.

No candy will be thrown during this event, said Parade ChairmanRandy Bell.

 “Any agency wishing to stay for fireworks can park at theWilkes Board of Education Office on Cherry Street or MemorialPark,” said Bell. The parade is held in memory of his son, BradleyRay Bell.

A drawing will be held for a free Stihl product from entries inthe parade. One entry per emergency vehicle. People with questionscan call Bell at 566-1298.

Other events

• annual July 4 gathering starting at 3 p.m. Monday, withfireworks shortly after 9 p.m., at the Roaring River Fire Stationon Abtco Road, which is off N.C. 268 East, in Roaring River. FireChief Dale Pierce said there will be live music, hayrides,mini-train rides, inflated jumping slides and jumping areas,antique and contemporary race cars, other antique cars and more.Pierce said hot dogs, other food and drinks will be for sale;

• annual July 4 gathering at the Brushy Mountain CommunityCenter and pool on Brushy Mountain Road, provided by the BrushyMountain Ruritan Club, from 4-6 p.m. Monday. Club spokesman PaulBarelski said free hot dogs, burgers and drinks will be servedstarting at 5 p.m. There will also be live music and otheractivities;

• annual event with pool games, other activities and food atOakwoods Country Club near Wilkesboro for club members is Sunday,said a club spokesman.

Fireworks regulations

Wilkes Fire Marshal Kevin Bounds said he wanted to remind thepublic that state laws requiring the presence of certifiedpersonnel at fireworks displays are fully in effect this year afterbeing waived last year at this time since they were so newthen.

Bounds said people with fireworks certification are lined up tobe present at the fireworks displays at Memorial Park and theRoaring River Fire Station, but that he wasn’t aware of thisrequirement being met for any other displays in Wilkes.

He said law enforcement officials can write citations forviolations, but that enforcement generally is complaint-driven.Bounds said law enforcement officials also have the option ofseizing fireworks being used illegally whether or not citatationsare issued.

Sideshow: Morgan apologizes to rant revealer

Morgan already has issued a number of mea culpas.

“I didn’t mean it. I don’t have a hateful bone in my body,” he said Tuesday at the media-mobbed Morgan-Rogers love-in.

Rogers, a gay American man, said Morgan “has promised me that his actions going forward are going to be positive and supportive of my community.”

Another Weiner attack? Is Chris Brown, who was busted in ’09 for assaulting his then-gf Rihanna, now sending her porn-orific self-portraits? Gossip sites say Brown has been regularly sexting Rihanna. On one occasion, he mistakenly posted his note to his publicly read Twitter account. Yikes!!! “@RIHANNA you got that pic I sent you?” the tweet says. Anonymous Sources insist Brown is referring to images of the Anthony Weiner variety. A new beau for Ashlee?

Well, here’s the news you’ve been waiting for: Ashlee Simpson may have a new boyfriend. People mag reports that la Simpson was espied a few days ago in the company of Boardwalk Empire costar Vincent Piazza. They were, like, kissing and and walking arm-in-arm, which might, just might, indicate a certain mushiness. Watch this space for further developments.

A beatdown for Octomom Jen Posner, WMGK (102.9 FM) morning cohost and mother of two, will strike a virile blow against reality TV and the cult of faux celebrity on June 29 in a – no-doubt sweat-, blood-, and bile-engorged – celeb boxing smackdown against Nadya “Octomom” Suleman at Pennant East, 141 Crescent Blvd. in Bellmawr.

Posner, who has a boy, Liam, 3, and a girl, eight-month-old Lila, with hub Frank Neil, is pumped. It was all we could do to hold her down once she launched into a vitriolic pre-bout, um, bout of trash-talking.

“I know how exhausted I get taking care of two kids, and she has 14. So I think I’ll have the edge,” Posner says of the famously fecund Octomom.

“Two moms will be going at it,” adds Posner, who learned kickboxing in the months leading up to her ’07 wedding. “And the best mom will be standing at the end.”