Above the Fold |
July 12, 2012 |
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Fewer auto closings cut jobless claims |
By Christopher S. Rugaber |
The number of people seeking US unemployment benefits plunged last week. But a big reason was that some automakers skipped their traditional summer shutdowns to keep up with demand, leading to fewer temporary layoffs of autoworkers…Read more |
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Companies still on the hook for pensions, Fitch says |
By Paula Aven Gladych |
Legislation passed by Congress that changes how pension plan liabilities are calculated for funding purposes should translate into near-term relief for companies struggling with shortfalls, but won't eradicate long-term shortfalls…Read more |
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The Pulse |
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Overheard on BenefitsPro |
Medicaid expenses for the States is a huge problem. Every Governor will have to weigh those costs over the long term. The carrot is taken away after a relatively short period of time. The Feds can print money.
-- GMiller, Burning questions
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