Nevada’s seasonally adjusted unemployment rate plunged to 8.5 percent in March 2014 from 10.2 percent in the same month last year, and Nevada employment increased 3.8 percent to 1.2 million over the year, the U.S. Bureau of Labor Statistics reported today.

The jobless rate in March 2014 remained virtually unchanged from February 2014 for the nation and Nevada. The national unemployment rate stood still at 6.7 percent from February 2014 to March 2043. Nevada remained stuck at 8.5 percent. Nevada’s unemployment rate was tied with Illinois and exceeded only by Rhode Island at 8.7 percent in March 2014.

The number of employed workers in Nevada remained about the same as March 2014 as in in February 2014. The government shows 5,000 additional workers, an increase of 0.4 percent, were added between February 2014 and March 2014 in Nevada.

The largest over-the-year percentage increase in employment occurred in North Dakota (+4.5 percent), followed by Nevada (+3.8 percent) and Florida (+3.0 percent).

The largest over-the-year percentage decreases in employment occurred in Alaska, Kentucky, and New Mexico (-0.2 percent each).

 

The Federal Trade Commission is seeking comments from the public to further explore issues raised by last year’s FTC forum examining the state of mobile security. Panelists at the forum discussed a number of complex issues that warrant further public input.
Held on June 4, 2013, the FTC’s mobile security forum consisted of a day-long series of panel discussions and presentations that addressed a wide array of security issues in the mobile arena, including current and potential future threats to user privacy and security, the role that mobile platform providers can play to mitigate mobile threats and ensure the privacy and security of end-users, the unique security challenges posed by the complexity of the mobile ecosystem and the role that telecommunications companies, third-party developers, and other members of the ecosystem can play in securing consumer products and services, and the efficacy and utility of consumer-facing mobile security products, such as authentication and antivirus products.
To expand the record on these issues with an eye towards a report, the FTC invites comment from the public on the following topics:
Secure Platform Design: Commenters may interpret the term “platform” broadly to include mobile operating system providers, device manufacturers, app stores, or others that maintain two-sided markets for third-party developers and consumers. In some cases, a platform may serve several of these roles (e.g., providing a mobile operating system and an app store).
• How can platforms create robust development environments while limiting the potential for abuse by privacy-infringing or malicious third-party applications? Commenters may interpret the term “application” broadly to include any mobile software (e.g., native, web-based, etc.) that has access, via a platform, to consumers’ personal information or device resources.
• Have particular design approaches proven more or less effective than others in protecting consumer privacy and security?
• What, if any, are the trade-offs between different approaches to providing developers with access to consumers’ personal information or device resources?
Secure Distribution Channels:
• What role should platforms play in creating secure distribution channels, such as app stores, for mobile applications?
• Is application review and testing scalable given the explosive growth of mobile applications? What techniques have proven effective in detecting malicious or privacy-infringing applications?
• Do smaller players in the mobile ecosystem, such as third-party app stores, have the resources to deploy such techniques?
• Does limiting application distribution to a single channel provide substantial security benefits? What, if any, are the trade-offs of this approach?
• What are potential alternative approaches to detecting or impeding malicious or privacy-infringing applications on end-user devices?
Secure Development Practices:
• What resources (e.g., application programming interfaces, development guides, testing tools, etc.) are available for third-party developers interested in secure application development?
• Is the developer community taking advantage of these resources? Are they making common security mistakes?
• Do consumers have the information they need to evaluate the security of an application? Are they aware of potential security risks (e.g., the insecure transmission of data)? Are there ways to make the security of applications more transparent to the end-user?
• What more can platforms and other industry players do to ensure that third-party developers have the resources and incentives necessary to implement secure development practices?
Security Lifecycle and Updates:
• What is the security lifecycle of a mobile device – that is, how long is a mobile device supported with respect to security? Do companies distinguish between a mobile device’s general product lifecycle and its security lifecycle? What factors – technical, policy, or business – affect the length of a mobile device’s security lifecycle?
• What are consumer expectations with respect to the security lifecycle of their mobile devices? Do consumers have the appropriate information (e.g., at the time of purchase) to factor security into their device purchasing decision? Do consumers receive notice when a device has reached “end-of-life” with respect to security support?
• What are the challenges in creating, testing, and distributing security updates to end-user devices? What, if any, are the implications of slow update cycles? Are there steps that platforms, manufacturers, telecommunications carriers, and other players can take to streamline this process?

The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential
construction statistics for March 2014:
BUILDING PERMITS
Privately-owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 990,000. This is 2.4
percent (±1.0%) below the revised February rate of 1,014,000, but is 11.2 percent (±1.1%) above the March 2013 estimate of 890,000.
Single-family authorizations in March were at a rate of 592,000; this is 0.5 percent (±1.0%)* above the revised February figure of
589,000. Authorizations of units in buildings with five units or more were at a rate of 370,000 in March.
HOUSING STARTS
Privately-owned housing starts in March were at a seasonally adjusted annual rate of 946,000. This is 2.8 percent (±14.7%)* above the
revised February estimate of 920,000, but is 5.9 percent (±8.4%)* below the March 2013 rate of 1,005,000.
Single-family housing starts in March were at a rate of 635,000; this is 6.0 percent (±15.5%)* above the revised February figure of
599,000. The March rate for units in buildings with five units or more was 292,000.
HOUSING COMPLETIONS

Privately-owned housing completions in March were at a seasonally adjusted annual rate of 872,000. This is 0.2 percent (±13.2%)*
below the revised February estimate of 874,000, but is 7.7 percent (±14.3%)* above the March 2013 rate of 810,000.
Single-family housing completions in March were at a rate of 602,000; this is 3.8 percent (±12.6%)* below the revised February rate of
626,000. The March rate for units in buildings with five units or more was 258,000.
New Residential Construction data for April 2014 will be released on Friday, May 16, 2014, at 8:30 A.M. EDT.
Our Internet site is: http://www.census.gov/starts
The U.S. Census Bureau updated its application programming interface (API) with monthly and quarterly economic indicators. The API
allows developers to combine Census Bureau statistics with other data sets to create tools for research on a variety of other topics. For
more information, go to http://www.census.gov/developers/ .

MGM Resorts International (NYSE: MGM) and Hakkasan Group today announced the formation of a joint venture hotel management company, to be named MGM Hakkasan Hospitality.

The strategic alliance will focus on the design, development and management of luxury non-gaming hotels, resorts and residential offerings under the Bellagio, Hakkasan, MGM Grand and SKYLOFTS brands in key international gateway cities and prime resort destinations across the globe.

All of the hotel and resort projects currently under development by each group will be contributed to the joint venture, including MGM projects in the Americas, the Middle East, and Asia; and Hakkasan projects in Abu Dhabi and Dubai.

 

Real average hourly earnings for all employees fell 0.3 percent from February to March, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today.

This decrease stems from unchanged average hourly earnings and a 0.2 percent increase in the Consumer Price Index for All Urban Consumers (CPI-U).

Real average weekly earnings rose 0.3 percent over the month due to the 0.3 percent decrease in real average hourly earnings being more than offset by a 0.6 percent increase in the average workweek.

Real average hourly earnings rose 0.5 percent, seasonally adjusted, from March 2013 to March 2014. The increase in real average hourly earnings, combined with an unchanged average workweek, resulted
in a 0.5 percent increase in real average weekly earnings over this period.

« Older entries