OTTAWA – Canada’s national unemployment rate was 5.8 per cent in April. Here are the jobless rates last month by province (numbers from the previous month in brackets):— Newfoundland and Labrador 14.5 per cent (14.2)— Prince Edward Island 11.2 (10.3)— Nova Scotia 6.7 (7.4)— New Brunswick 8.0 (8.0)— Quebec 5.4 (5.6)— Ontario 5.6 (5.5)— Manitoba 6.1 (6.2)— Saskatchewan 6.3 (5.8)— Alberta 6.7 (6.3)— British Columbia 5.0 (4.7)
JARVIS, Ont. – An eight-year-old boy and his six-year-old brother escaped unharmed after they allegedly crashed their parents’ truck at a Tim Hortons coffee shop in southwestern Ontario.Provincial police say the boys took the pickup truck around 7 a.m. Thursday to go to the restaurant to get some breakfast.They say the eight-year-old, who was driving, lost control of the vehicle in the Tim Hortons’ drive-thru in Jarvis, Ont.The truck hopped the curb and veered into a field where it became stuck.Police say a Tim Hortons’ employee checked on the truck and discovered the children.No charges were laid and the boys were turned over to their parents.
Rabat – A trio of American scientists have won the 2017 Nobel Prize in Physiology or Medicine for their discoveries of the molecular mechanisms that govern human beings’ biological rhythms.Jeffrey C. Hall, Michael Rosbash, and Michael W. Young were awarded the prize for research that explains “how plants, animals and humans adapt their biological rhythm so that it is synchronized with the Earth’s revolutions,” said the Noble committee.They based their research on flies, isolating the gene that governs the daily biological rhythm of living organisms. “They showed that this gene encodes a protein that accumulates in the cell during the night, and is then degraded during the day. Subsequently, they identified additional protein components of this machinery, exposing the mechanism governing the self-sustaining clockwork inside the cell. We now recognize that biological clocks function by the same principles in cells of other multicellular organisms, including humans,” explained the committee.“With exquisite precision,” the trio’s discovery revealed that our biological clock “adapts our physiology to the dramatically different phases of the day. The clock regulates critical functions such as behavior, hormone levels, sleep, body temperature and metabolism.”Jeffrey C. Hall was born in 1945 in New York. He earned his Ph.D. in 1971 from the University of Washington in Seattle and was a postdoctoral fellow at the California Institute of Technology in Pasadena from 1971 to 1973.He joined the faculty of Brandeis University in Waltham in 1974. In 2002, he became a partner with the University of Maine.Michael Rosbash was born in 1944 in Kansas City. He received his PhD in 1970 from the Massachusetts Institute of Technology in Cambridge. Over the next three years, he was a postdoctoral fellow at the University of Edinburgh in Scotland. Since 1974, he has been a professor at Brandeis University in Waltham, USA.Michael W. Young was born in 1949 in Miami. He earned his Ph.D. from the University of Texas at Austin in 1975. Between 1975 and 1977, he was a postdoctoral fellow at Stanford University in Palo Alto. Since 1978, he has been a professor at Rockefeller University in New York.
We’re not on the war path here. We’re just letting our position knownOttawa will create an unlevel playing field if it grants Air Canada’s request for a decade of relief from the $4.2-billion deficit in its defined benefits pension fund, the Air Transport Association of Canada said Tuesday.The group, which represents small regional carriers and training centres, said Ottawa should provide broad pension assistance to all Canadian companies, instead of giving a competitive advantage to the former Crown corporation.“Rather than dealing with the problem with Air Canada’s pension funds, deal with Canadian pension funds as a rule because if they (politicians) create this precedent, I can think of all the other industries that are going to line up at the PM’s door and say: ’Me too,”’ association president John McKay said from Ottawa.In a recent letter to Prime Minister Stephen Harper, McKay said singling out a company that has already received “immense support” not forthcoming to its competitors would seriously impact the competitiveness of the airline industry.Any relief should instead be short-term and based on annual approvals using established financial measurement tools, instead of locking in assistance over 10 years.McKay said it’s hard to predict what financial shape the airline will be in over the next few years, adding that interest rates could rise and the airline’s recent profits could accelerate as it expands its fleet and ramps up its new low-cost carrier.The country’s largest carrier wants Ottawa to put a $150-million cap on its annual solvency deficit payments for the next decade, starting in 2014. This would mean $700 million a year in relief in each of the first five years. The payments are in addition to its ongoing pension funding contributions that will total $1.5 billion between 2009 and 2013.Air Canada, which has been supported in its efforts by its unionized employees, declined to comment on the association’s position.The National Airlines Council of Canada, a group founded in 2008 to address issues affecting large carriers such as WestJet Airlines, Air Transat and Jazz, also declined to comment.However, WestJet executives met with cabinet ministers last fall to oppose its rival’s pension relief request, according the federal Register of Lobbyists.WestJet said it did not want to specifically comment about the meetings.“But at a general level, we are concerned about the impact on the state of competition caused by Air Canada repeatedly asking the federal government for financial assistance,” said airline spokesman Robert Palmer in an email.The Air Transport Association cancelled a news conference Tuesday because it didn’t want to give the impression that it was attacking Air Canada.“We’re not on the war path here. We’re just letting our position known,” McKay said.Although its membership includes smaller and newer carriers, including Sunwing and Porter, some face the challenges of funding defined benefit pension plans, albeit at a smaller scale than Air Canada.“It may not be of the same magnitude but still in this highly competitive world, you don’t come up with a solution that favours one carrier.”McKay added that he doesn’t know why Ottawa would intervene to help Air Canada when Transport Minister Denis Lebel refused to support insolvent aircraft maintenance company Aveos, claiming the government won’t help private companies.But Robert Kokonis, president of airline consulting firm AirTrav Inc., believes the Conservatives will approve the 10-year moratorium request but perhaps not the cap requested by Air Canada. He said the government signalled its willingness to help the airline during its labour disputes last year with unionized employees.“So based upon that track record, I just, for the life of me, can’t see the government of Canada backing off,” he said.Kokonis said the Air Transport Association likely doesn’t have enough sway to get the government to back down fully from providing pension relief, but may be able to prompt it to carefully consider the shape and form of such relief.“I think something needs to happen but unfortunately it can’t be all things to all people.”Air Canada has said that cost savings from its recent labour agreements, startup of low-cost carrier Rouge and pension relief will help to lead the airline to sustainable profits.Failing to get pension relief will have some effect on those plans, said Kokonis.“Will it threaten Air Canada’s viability? No, I don’t’ think so. It will slow down that return to recovery,” he said.On the Toronto Stock Exchange, Air Canada’s shares closed down one cent at $2.36 in Tuesday trading.
Celebrating at the GIS Day pizza lunch are, from left, graduate student Karen Cudmore, Earth Sciences professor Frank Fueten and Genevieve LePine, Geography student and Map Library staff member.Staff, faculty and students gathered at the Map Library this week to celebrate GIS Day.The annual event celebrates geographic information systems (GIS) technology. Map Library festivities on Nov. 17 included displayed maps created by the Brock community, a hands-on demonstration of GIS and miniature presentations of GIS mapping projects. There were also door prizes and a pizza lunch.GIS Day is held in conjunction with Geography Awareness Week.
Representatives of the regional groupings at the UN then took the floor to deliver encomiums for the man whom Ambassador Brown Beswick Chimphamba of Malawi, speaking for Africa, called the embodiment of compassion who had represented the poor, the voiceless, the marginalized, the desperate and the oppressed.On behalf of the Asian States, Ambassador Daw Penjo of Bhutan called the Pope not only the spiritual leader of the Catholic Church but a true leader for all, who had devoted his life to the cause of peace, harmony and justice.Ambassador Tiina Intelmann of Estonia, on behalf of Eastern European States, said John Paul had been a great humanist and protector of morality, who had dedicated his whole life to spiritual liberation, moral self-betterment and tolerance.Speaking for the Latin American and Caribbean States, Ambassador Philip Sealy of Trinidad and Tobago called the pontiff a genuinely charismatic figure and an enormous force for good in the world, whose influence had gone far beyond his own congregation.Ambassador Anders Lidén of Sweden, on behalf of the Group of Western European and other States, said the Pope would be particularly remembered for his role in ending the division of Europe.Speaking on behalf of the Organization of the Islamic Conference (OIC), Ambassador Baki Ilkin of Turkey said that the international community would remember the late Pope as a man of peace, humanity and compassion who personified brotherhood, tolerance, righteousness and the coexistence of all religions.Ambassador Jean-Marc Hoscheit of Luxembourg, speaking on behalf of the European Union and associated countries, recalled that almost 10 years ago the late Pope stood at the General Assembly rostrum and spoke about the human principles of dignity, liberty, respect for others and solidarity, with the UN as the moral centre of the world.Polish Ambassador Andrzej Towpik said his country was bidding farewell not only to a great man, but also to the greatest Pole in human history, whose words and deeds should remain a great guidance in efforts to make the UN a better organization.Celestino Migliore, Observer for the Holy See, recalled that during his first visit to the UN in 1979, the late Pope attached great importance to collaboration with the UN as the place best suited to addressing all the challenges facing mankind and had wanted dearly to see it develop more effective strategies than war to solve humankind’s problems.
The United Nations today paid tribute to Rotary International on the humanitarian service organization’s 100th anniversary for its commitment to ending polio worldwide as a leading member of the Global Polio Eradication Initiative, to which it has contributed well over half a billion dollars to help immunize more than 2 billion children.“In the effort to eradicate polio, Rotary International has spurred a model private-public partnership,” UN World Health Organization (WHO) Director-General Lee Jong-wook told Rotarians gathered for the centenary celebrations in Chicago.“The combined strengths of civil society, the private sector, governments and international agencies, have made enormous progress in what once seemed an impossible task,” he added of the once-widespread paralyzing disease that infected hundreds of thousands of children each year.As a key partner in the Global Initiative, the world’s largest health drive which also includes the WHO, the UN Children’s Fund (UNICEF) and the United States Centers for Disease Control and Prevention (CDC), Rotary is the leading private-sector contributor, surpassed only by the United States Government.Since 1985, when Rotary launched its PolioPlus program, individual Rotary members have collectively raised $600 million and contributed countless volunteer hours to help immunize more than 2 billion children in 122 countries.“Rotarians continue to be the heart and soul of the polio eradication effort,” UNICEF Executive Director Ann M. Veneman said. “In addition to their own record-breaking financial contribution for polio eradication and countless volunteer hours, Rotarians have helped leverage a further $1.7 billion from governments for the cause.”The spread of polio could end this year. Just over 1,000 cases were reported in 2004, compared to 350,000 in 1988, a 99 per cent reduction. But the goal is threatened by a major funding shortfall and the initiative urgently needs $50 million dollars in 2005 and another $200 million in 2006.
Additional participants are being sought for a research study at Brock University examining the role dairy plays in the diet and exercise efforts of overweight teenage girls.The research team is recruiting girls from around Niagara to take part in the three-month study, led by Assistant Professor of Kinesiology Andrea Josse.“The study is currently underway and so far we have received excellent feedback from the participants involved. We are still looking to recruit up to 50 more participants before the study wraps up next year,” she said.Participants will be exercising with personal trainers three times a week and will receive personal diet counselling from a dietitian. Participants will also receive specialized devices to help them monitor their physical activity and to help with the exercise training. Some of the girls will be asked to consume a certain amount of dairy foods per day, while others will not. The research team will provide milk, yogurt and cheese to participants in the dairy group.Josse said the research study, funded by the Dairy Farmers of Canada, will specifically look at the role of dairy products in weight management.The main measures of the study will be body composition and bone health. Researchers are also assessing fitness and strength, and other cardiovascular disease risk factors such as cholesterol, blood sugars and insulin.All of the girls, whether they are in the dairy group or non-dairy group can expect to see changes including loss of fat mass, an increase in cardio fitness and strength and a greater knowledge of nutrition.The study is recruiting overweight girls who are 10-16, have menstruated, do not perform regular physical activity and consume a diet low in dairy products.They will receive an iPod shuffle or iTunes gift card along with a Fitbit, for their participation in the study.For more information, or to participate in the study, call 905-688-5550 x5826 or email firstname.lastname@example.org.
Dwight Howard had something to say to the city where he began his career.Thanks.Three weeks after leaving Orlando in a blockbuster trade that sent him to the Los Angeles Lakers, the All-Star center took out a full-page ad in Sunday’s Orlando Sentinel to express his appreciation for the city and the chance to play there.“To play the game of basketball in the NBA is a blessing and to have had the opportunity to play before the Orlando fans for eight years was truly a privilege and an honor,” Howard says in the advertisement, which according to a story on the newspaper’s website appears on Page C7.“Words cannot express the love that I have for Orlando. With your support we have done great things in this city from hanging banners to impacting our youth.”“Although my career with the Magic has come to a close, my love for the city and the people that make it beautiful will never end.”The complex four-team deal with the Lakers on August 10 left Orlando with new additions in guard Aaron Afflalo and forward Al Harrington from Denver, forward Moe Harkless and center Nikola Vucevic from Philadelphia, and forward Josh McRoberts and guard Christian Eyenga from the Lakers.The Lakers received Howard, guard Chris Duhon and forward Earl Clark from Orlando. The Magic also traded guard Jason Richardson to Philadelphia.The Magic also will get a second-round draft pick from Denver next year, a first-round pick from either Denver or New York in 2014, a conditional first-round pick from Philadelphia and a conditional second-round pick from the Lakers in 2015, and a conditional first-round pick from the Lakers in 2017. Orlando also will have a $17.8 million trade exception to use over the next year.It remains uncertain when Howard will make his Lakers debut after season-ending back surgery in April and whether he will be returning to the L.A. after this season or testing the free-agent market.The Howard trade ended a saga that has badly damaged his reputation, particularly within Florida. He appeared immature and petulant after changing his mind more than once about wanting a trade, putting Orlando in a tough situation.After initially opting for another year with the Magic, Howard turned around later and told the team of his desire to be moved, specifically to the Brooklyn Nets. However, Orlando general manager Rob Hennigan turned down several offers from Brooklyn that included center Brook Lopez and three first-round draft picks, among other compensation.Howard’s antics eventually cost the job of Orlando head coach Stan Van Gundy.
“Yes I can see that it is technically breaking the regulations, but why now?”Surely common sense says this should be looked at because these drives are very short.”Cllr Packer branded it “appalling” that residents were having to face paying countless fines after being unfairly hounded.Redbridge Council leader Cllr Jas Athwal admitted it looked as though the Labour-ruled authority had made a mistake.Cllr Athwal said: “We’ve had this problem before in the opposite way – cars blocking pavements were not getting ticketed.”I’ll have to give the same answer now as then.”If that vehicle is causing an obstruction, and if the pavement is narrow, then there will be a ticket issued.”But if the pavement is wide, and the back wheels aren’t on the pavement and there is only an overhang, then there shouldn’t be a problem.”Cllr Athwal, who has paid four parking fines while in office, insisted that over-zealous wardens will be retrained if necessary. Councillor Karen Packer said a residents’ only permit scheme could be set up or all ticketing be suspended until a long-term solution is found.”These residents have lived in this road for 20, 30, 40 years, and there’s never been a problem.”But now some people are getting two or three tickets a day, just for having a few inches of their car hanging over the boundary of their drive,” said the councillor for Barkingside. Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings. Motorists are being fined for parking in their own drives – because their cars are nudging out on to the path by inches.Dozens of tickets have already been dished out and some drivers’ cars are being hit with two or three fines a day.They are suddenly being targeted because a new enforcement officer has been told to patrol wartime Roll Gardens in Gants Hill, Ilford, Essex.And the warden’s getting tough because bigger motors just creep out on to the pavement as the drives were built in the 1940s and aren’t long enough.Irshad Nabee, Roll Gardens Neighbourhood Association chairman, told the Ilford Recorder: “It’s just stupid.”Common sense should dictate that these tickets should not be given out.”It seems like one new enforcement officer has decided to just walk up and down twice a day and ticket cars parked on their owners’ drives.”
MondayVancouver City Council, City Hall, 415 W. Sixth St., Vancouver.4:15 to 5 p.m., workshop: mid-year financial update5 to 6 p.m., workshop: homeless issues update.6:30 p.m., council consent agenda meeting: water main replacement project, approve purchase of replacement cold milling machine, approve $662,996 for IT staff, authorize use of DocuSign electronic signature service, approve franchise to establish terms of construction for telecommunication facilities in the city’s right-of-way, amend Civil Service Ordinance to require all police and fire department employees to undergo civil service process, appointment to Aviation Advisory Committee, appointment to Downtown Redevelopment Authority, approve claim vouchers.Battle Ground Public Schools school board, Room C-21, Lewisville Middle School, 406 N.W. 5th Ave., Battle Ground5 p.m., executive session: collective bargaining.6 p.m., regular meeting: agenda includes adoption of the 2017-2018 budget.Woodland Public Schools, Room 2203, Woodland High School, 1500 Dike Access Road, Woodland.5:30 p.m., regular meeting: dual language program, 2017-2018 budget appropriations.Hockinson School District, library, Hockinson High School, 16819 N.E. 159th St., Brush Prairie.6 p.m., regular meeting: substitute salary increase approval, superintendent’s leave approval.TuesdayClark County council, Sixth Floor, 1300 Franklin St., Vancouver.9:45 a.m., hearing agenda: extension of interlocal agreement with Town of Yacolt for professional long-range services, request approval of a resolution designating a sewer purveyor for certain property in the Hockinson Rural Center, development agreement with Rock Lake Ranch Inc.Educational Service District 112 board of directors, Columbia Room, Educational Service District 112, 2500 N.E. 65th Ave.
A recent report claims Napoli were too slow for Bayern Munich-bound Benjamin Pavard as they didn’t act fast in the transfer window.Napoli were among the favourites to sign Pavard towards the end of last year, but Bayern confirmed last week that the Stuttgart stopper had agreed to join them in the summer.“Did I try to take Pavard to Naples? We talked a lot and tried, but it wasn’t easy,” Francesco Di Frisco revealed in a quote on Football Italia.“Even Stuttgart didn’t know until a week ago that he had accepted a contract from Bayern Munich.Match Preview: RB Leipzig vs Bayern Munich Boro Tanchev – September 14, 2019 RB Leipzig will have the chance to prove their title-winning capabilities when they host Bayern Munich today at 18:30 (CET).“There was no offer from Napoli, but they liked him. How hard did Napoli try for him? Interest was there, both from the club and their scouts.“It was a name that Napoli verified immediately. Full-back or central defender? He’s normally a central defender plays as a full-back for his national team.“’Yes’ to Bayern but not a ‘no’ to Napoli? It’s dfficult to say. Ultimately, an offer never came from Napoli, although they conducted themselves very well, as did the lad.”
On an early morning hike nine days ago, we climbed steep hills south of San Francisco to enjoy stunning views both of San Francisco Bay and the Pacific Ocean. Then we headed to the local Starbucks, in San Bruno, to round out our morning.As we approached the forgettable strip mall, our host pointed to an office building next door — the headquarters of YouTube. The world-famous company, owned by Google, was barely noticeable in the suburban landscape of job-rich Silicon Valley.It’s hard to grasp the creative energy of this region where businesses can explode from garage startup to multibillion-dollar acquisition target almost overnight. Top-tier businesses can fade into the suburban landscape or sprawl in well-known enclaves like the Googleplex, a 3.5-million-square-foot office complex that houses one of the world’s most successful companies. Silicon Valley gained a stunning 47,000 new jobs last year, at a growth rate double the statewide average. The wealth of the area, encompassing Santa Clara and San Mateo counties, is staggering. Forty-five percent of households earned more than $100,000 annually in 2012, up by 6 percent from 2006, according to the Silicon Valley Index. Households earning less than $35,000 a year held almost steady at about 20 percent during those same years. Middle-income households declined from 40 percent to 35 percent of the total. Stark comparisonBy comparison, just 22 percent of Clark County households earn more than $100,000 a year. Almost half fall in the middle-income range, and 30 percent earn less than $35,000. Yes, you can live on far less here. Still, we have more poor, fewer in the middle class and far fewer rich families.
The National Transportation Safety Board is investigating the cause of a plane crash near Anaktuvuk Pass on Saturday. NTSB Air Safety Investigator Shawn Williams says a Cessna 208 operated by Wright Air Service that departed Fairbanks about Saturday morning was later reported down about 6 miles from the Anaktuvuk Airport.Download Audio“A little after 1 p.m. NTSB was notified of an aircraft accident. There were eight people on board — seven passengers, plus the pilot. All sustained serious injuries. There were no fatalities.”Williams says the injured were evacuated to Anchorage hospitals. He says the aircraft will be recovered this week as part of a crash investigation that will look at man, machine and environment.“By man we’re going to look at the pilot — his 72-hour history, his training. By machine, we’re going to look at the aircraft — anything that could’ve been wrong with the airplane or how it was equipped. And the environment — that’s where we’re going to look at the winds, the weather, the terrain, the radar environment and every other aspect of this event.Williams says the plane was travelling along a river valley at the time of Saturday’s accident, and that winds were calm and visibility about 6 miles, with a 4,000-ft. ceiling.
A state judge handed down a significant ruling Thursday on a case involving the controversial lease for the state’s Legislative Information Office in downtown Anchorage.Download AudioRead Judge Patrick J. McKay’s order denying the motion for summary judgement.The case centers on claims made by attorney James Gottstein, who owns the building next to the LIO, and alleges the lease agreement between Legislators and developers is illegal. There are also allegations of threats and damages he suffered during construction. On top of that, Gottstein argues that as a whistleblower he should receive 10 percent of the monies saved if the lease agreement is invalidated.On Thursday, Superior Court Judge Patrick McKay ruled that Gottstein waited an unreasonable amount of time–17 months–before raising the issue of illegality, during which time he accepted tens of thousands of dollars in professional fees and rent from the construction company. Additionally, McKay disagreed with many of the smaller points raised by Gottstein, not finding sufficient evidence for allegations of damages or threats.The ruling stops short of issuing a judgment in the case. Instead, McKay wrote that too many factual issues remain unresolved to declaratively say whether or not the lease agreement signed by the Legislative Affairs Agency and developers in September of 2013 was illegal. However, the decision pokes many large holes in arguments brought forward by Gottstein, and bolsters the defenses claim that Gottstein’s delay caused harm.In an emailed statement, Amy Slinker, a spokesperson for the company representing the building’s owners wrote, “The State is in a different fiscal environment now than when the lease was legally signed in 2013. Mindful of this reality, 716 West Fourth Avenue, LLC has indicated its willingness to work with the Alaska Legislature to find a pathway to savings.”The case is separate from the Legislature’s December 19th decision to put lease payments on hold until attorneys decide whether the office building meets “competitive costs.”The case is scheduled to go to trial in March.
Long on opposite sides of the debate to legalize in vitro fertilization, the center-left Citizen Action Party (PAC) and the conservative evangelical National Restoration Party may be able to strike a compromise to allow access to the fertility treatment in this Catholic country. Costa Rica remains one of only a few countries in the worldto prohibit in vitro fertilization.The comments came after a meeting Tuesday between President-elect Luis Guillermo Solís of PAC and members of the National Restoration Party (RN) Tuesday, reported CRHoy.com.Lawmaker and president of RN, Carlos Avendaño, asked for more dialogue and said that the current bill was unacceptable. Avendaño also expressed his concern over Solís’ choice of Vice President Ana Helena Chacón, who will oversee social issues for the president-elect and has previously supported same-sex unions, IVF and some forms of abortion, according to the daily La Nación.Mired in political and religious debates over whether or not IVF constituted a form of abortion because of the fertilized eggs not implanted in a women’s uterus, the court-ordered legislation regulating the treatment has stalled for years.According to CRHoy.com, Emilia Molina, the chief of PAC’s legislative faction, said the party would push an IVF bill if incoming PAC lawmaker Henry Mora wins the presidency of the Legislative Assembly in the coming weeks, a position that would allow PAC to set the legislative agenda for the coming year.PAC holds 13 of the 57 seats in the 2014-2018 Assembly and will need support from other political parties to wrest control from the National Liberation Party, which won 18 seats in the Feb. 2 election.Costa Rica is the only country in the Western Hemisphere to outlaw IVF, despite the Inter-American Court of Human Rights’ 2012 ruling that the ban violated the plaintiffs’ human rights and ordering that the Legislative Assembly pass a bill regulating the procedure. Facebook Comments Related posts:Costa Rica to regulate IVF after long row Costa Rican president presents draft decree to legalize in vitro fertilization Costa Rican plaintiffs disappointed, but not surprised, by president’s IVF proposal Next up for new ombudswoman Montserrat Solano: Costa Rica’s inaction on in vitro fertilization
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Share Has Homeownership Finally Found its Balance? in Daily Dose, Data, Government, Headlines, News, Origination First-Time Homebuyers Homeownership Rate U.S. Census Bureau 2016-01-28 Staff Writer As the employment situation continues to improve, more buyers made their way into the housing market for the second quarter in a row.The homeownership rate increased marginally over the last two quarters, but was fairly unchanged year-over-year, especially compared to the all-time high in 2004, the U.S. Census Bureau reported Thursday.This has left many in the industry questioning if homeownership has bottomed out.”Today’s Census Homeownership and Vacancy Survey release also provides optimism that the homeownership rate may have hit bottom in 2015,” said Ralph B. McLaughlin, Chief Economist at Trulia. “Many Gen Xers lost their homes during the recession, so this is a positive sign that we may be seeing boomerang buyers coming back into housing market. However, the increase was not statistically significant from a year ago.”According to the report, homeownership rate rose 0.1 percent to 63.8 percent in the fourth quarter of 2015, compared to 63.7 percent last quarter. Despite the rise however, the homeownership rate is 0.2 percent below the rate of 64.0 percent last year during the same period.In addition, although the homeownership rate, while up from a 48-year low in the second quarter of 2015, is still below the peak of 69.2 percent in June 2004.After suffering a major drop in November 2015, existing-home sales rose 14.7 percent to a seasonally adjusted annual rate of 5.46 million in December, up from 4.46 million in November. Year-over-year, existing-home sales are up 7.7 percent, and December’s jump will mark the largest increase ever.According to the National Association of Realtors (NAR), the first-time buyers share was at 32 percent in December, up from 30 percent in November and 29 percent a year ago. For the year, first-time buyers made up 30 percent of homebuyers, up 1 percentage point from 2014 and 2013.”First-time buyers were for the most part held back once again in 2015 by rising rents and home prices, competition from vacation and investment buyers and supply shortages,” said Lawrence Yun, NAR Chief Economist. “While these headwinds show little signs of abating, the cumulative effect of strong job growth in recent years and young renters’ overwhelming interest to own a home should lead to a modest uptick in first-time buyer activity in 2016.”The Bureau found that homeownership was highest among those 65 years and older at 79.3 percent int he fourth quarter of 2015, down slightly 79.5 percent in the previous quarter. However, the only age group to increase their homeownership rate was the 35 to 44-year olds, from 58.8 percent in the fourth quarter of last year to 59.3 percent in the fourth quarter of 2015.Capital Economics Property Economist Matthew Pointon added, “That gradual rise in the homeownership rate should continue over the next few years. On the demand side, there are large numbers of young adults who are currently living with their parents. And many of them would like to form their own household. The financial crisis locked them out of homeownership, as they lost their jobs and/or banks refused to provide them with a mortgage. But both factors are now steadily improving. Jobs are being created at a rapid pace, and we expect earnings growth will finally start to rise this year. As well as allowing more households to access homeownership, that will also cut down on mortgage delinquencies and keep more families in their homes.”The Bureau reported that the homeownership rates were highest in the Midwest at 68.1 percent in the fourth quarter, and lowest in the West at 59.0 percent. All regions, except the West experienced a year-over-year decline in homeownership.Rental vacancy rates in the fourth quarter were 7.0 percent in the fourth quarter, unchanged from last year and down 0.3 percent from the previous quarter. The homeowner vacancy rate was 1.9 percent for the quarter, also unchanged from last year and last quarter.”An improving labor market and easing credit conditions are finally leading to a gradual rise in the homeownership rate. But the rental vacancy rate has yet to rise, and that will put upwards pressure on rents over the coming months,” Pointon stated.Click here to view the full report. January 28, 2016 687 Views
D-backs president Derrick Hall: Franchise ‘still focused on Arizona’ Nevada officials reach out to D-backs on potential relocation Comments Share Kolb was sacked three times Friday night in the Cardinals victory, and was 3-for-6 with 22 yards and no touchdowns. John Skelton led the Cardinals with a 3-for-3, 23 yard touchdown drive, although they started with a short field on the drive. The Associated Press contributed to this report What an MLB source said about the D-backs’ trade haul for Greinke Top Stories While Arizona Cardinals coaches and fans all debate who should be the starting quarterback for the regular season, one opposing player wanted to put in his two cents. Oakland Raiders defensive end Tommy Kelly, who sacked Kolb for a safety Friday night didn’t seem to have a kind review for him after their game.“He is skittish. He is scared back there,” Kelly said. “Anytime anybody gets close to him he starts looking at the refs. As a defensive lineman you love a quarterback like that. He ain’t even trying to look at the routes no more. He is paying attention to us and you ain’t going to get nothing done like that.” Cardinals expect improving Murphy to contribute right away
Alabama defensive lineman Quinnen Williams runs a drill at the NFL football scouting combine in Indianapolis, Sunday, March 3, 2019. (AP Photo/Michael Conroy) Derrick Hall satisfied with D-backs’ buying and selling Grace expects Greinke trade to have emotional impact The 6-foot-3, 303-pound Williams impressed during the NFL Draft Combine, running a 4.83-second 40-yard dash and recording a 30.5-inch vertical jump. 8 Comments Share Former Cardinals kicker Phil Dawson retires Top Stories The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Williams joins Bosa and quarterback Kyler Murray as the potential options to be selected first overall.The MMQB’s Albert Breer reported Monday that Bosa was visiting Arizona on Thursday and Friday after he had met with the team for dinner in Ft. Lauderdale, Fla., last week. Murray met with the Cardinals on the Oklahoma campus following the Heisman winner’s pro day last month.Related LinksArizona Cardinals to host draft day partyRapoport: Undecided Cardinals could draft Kyler Murray, keep Josh RosenIf Cardinals buy Kyler Murray’s potential, there’s only 1 decisionDT Quinnen Williams skips drills at Alabama pro day, to visit CardsAlabama HC Nick Saban gives praise for Kyler Murray, Quinnen WilliamsAs much as the rumor-mill connects the Cardinals to Murray because of first-year coach Kliff Kingsbury’s affinity toward the Oklahoma product and Heisman winner, they could also use some help on the defensive line. Arizona returns veteran tackle Corey Peters and signed free agent Darius Philon, but who becomes the third starting lineman in defensive coordinator Vance Joseph’s scheme isn’t clear.Tackle Robert Nkemdiche is the top candidate but will enter 2019 coming off knee surgery.Williams, who reportedly visited the 49ers (No. 2 pick) and Raiders (No. 4 pick) this week, is widely viewed as the second-best prospect in the draft behind Bosa.During his redshirt junior season in 2018, Williams broke out after Alabama converted him from defensive end to tackle. He followed up a 20-tackle campaign a year prior by producing 71 tackles (19.5 for loss) and 8.0 sacks for the Crimson Tide this year as Alabama went 14-0 before falling to Clemson in the national title game. Ohio State pass-rusher Nick Bosa isn’t the only potential No. 1 NFL Draft pick visiting the Arizona Cardinals on Thursday. He’ll be joined by Alabama defensive tackle Quinnen Williams as one of the 30 prospects allowed to visit team headquarters, reports NFL Network’s Ian Rapoport.Previously, Rapoport reported that Williams was expected to take visits to the top seven teams picking in the 2019 draft.