U.S. jobs gain in March lowest in 9 months

Corrects article to reflect number of months since job growth was lower than in March. WASHINGTON (MarketWatch) — The United States created the fewest number of jobs in March in nine months, adding to a string of reports suggesting companies have cut back on new hires and that the economy is slowing again. The U.S. added a seasonally adjusted 88,000 jobs — the smallest increase since last June — and nearly half-a-million people stopped looking for work last month, according to data issued by the Labor Department Friday. The March jobs report fell well below Wall Street expectations. Economists polled by MarketWatch had forecast a 190,000 increase in jobs. U.S. stocks slumped after the report. “This report is a stark reminder of how fragile the U.S. economy remains now four years into the economic expansion,” said Scott Anderson, chief economist of Bank of the West. See more reaction to jobs report. The unemployment rate fell to 7.6% from 7.7% to mark the lowest level since December 2007, but the decline stemmed from more Americans dropping out of the labor force. As a result, the participation rate fell again to 63.3% and touched the lowest level since 1979. The rate measures the percentage of working-age Americans who have or want a job. All the slack in the labor market is sure to worry the Federal Reserve. Analysts say it probably ensures the central bank will prolong its controversial strategy of buying billions in bonds to keep interest rates low as a means to boost the economy. In Washington, Democrats blamed slow hiring on the unwillingness of Republicans to halt federal spending cuts required by a law known as the sequester. Yet the cuts only began in early March and most economists don’t think they had a big impact. Republicans, for their part, argued that the Obama administration’s policies are holding the economy back. The lackluster pace of hiring in March overshadowed upward revisions to job growth in the first two months of 2013. The number of new jobs created in February was revised to 268,000 from 236,000, while January’s figure was revised up to 148,000 from 119,000. Read about why hiring might not have been as weak as reported. Until the March employment report, the U.S. labor market appeared to be gaining momentum. The economy had added an average of 220,000 jobs a month from November to February in a sharp pickup since last fall. The disappointing March jobs report has revived concerns that the economy could cool off again in midyear like it did in both 2012 and 2011. In both years, hiring started out strong but later petered out. Most economists have been predicting the economy would slow in the second quarter after a strong start to the new year. Growth in the second quarter is forecast to decelerate to 2.2% from an estimated 3% in the first three months of 2013. The onset of large federal spending cuts and a soft global economy are among the drags on growth, analysts say.

  News source:articles.marketwatch.com

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A new day has come

Days are passing like a wind which never stops middle of same thing, always blowing in different angles of the world. So I was waiting so long a miracle to come. But strong impression is beside everyone not to shed tear. In darkness and good times. There comes an epoch every impossibilities turn to possibilities, thoughts is still a waiting for out come result in all. My wishes meet to pessimism which builds new confident to feel my all affection by touching to in angle with my motion less speed in education field with love and knowledge. What object human is? For the purpose of earning wealth loses its healthy same after spends its much wealth to recovery of that lost health. His present remains aloof but future shined in is path, I do believe upon my luck one day the destination come for prosperity of my self to finish tears with statistician. Rain comes down, wash away my tear Shutter the wall of my heart clear my Soul and believe is outer core no gap Remains here any more. Written by……. WASEEM SALEEM

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Obama Reaches for Middle Ground With New Budget Plan

WASHINGTON—President Barack Obama will attempt to spur new budget negotiations Wednesday, first offering a broad plan he hopes can attract bipartisan interest and later dining with a dozen Republican senators to try to pave the way for more talks. The White House will seek to persuade Republicans to warm to its proposal to embrace more short-term spending, which administration officials say will boost jobs, while also locking in medium-term tax and spending changes to reduce the deficit. So far, the White House has found such an approach a tough sell, with Republicans opposing tax increases and saying much of the spending is wasteful. The Ins and Outs of the Federal Budget Drill down to see how components of federal spending and revenue have changed over time. [image] Mr. Obama's budget proposal will call for $3.77 trillion in spending for the fiscal year that begins in October, a senior administration official said, up 6% from projected spending levels in the current fiscal year. The higher spending would come from a combination of canceling the across-the-board spending cuts, known as the sequester, that began in March and pumping more money into education, infrastructure and mental-health treatment, among other things. The White House is hopeful that a number of new changes to its budget, including cuts to the growth of Social Security and other programs, could help attract Republican support. So far, GOP reaction has been mixed. The spending, combined with proposals to raise taxes on wealthier Americans, would lead to a federal budget deficit—the gap between spending and tax revenue—of $744 billion next year, the senior administration official said. This would be down from the projected $845 billion deficit in 2013 but much higher than the $528 billion deficit House Republicans advocate for next year. Budget Battle Stream Obama Aims to Spur New Budget Talks Treasury's Lew Offers Budget Messaging Preview Cuts Spur Air Force to Idle Part of Its Fleet Capital Journal: Liberals Find Themselves in Spending Trap Seib & Wessel: Building a Budget That would put the 2014 deficit at roughly 4.4% of gross domestic product, down from the projected 5.3% deficit in 2013 but higher than the 3.7% deficit that the Congressional Budget Office recently estimated would occur next year if the sequester cuts remained in place. The deficit would fall more sharply later in the decade under the president's plan, senior administration officials said, as a number of changes would kick in, affecting programs like Social Security, Medicare and military spending. Some of these cuts, included for the first time in the White House's budget, aren't sitting well with liberal lawmakers and unions, who have complained that the Obama administration is offering too many spending cuts in the budget. On taxes, the White House will propose limiting the tax breaks that wealthier Americans can claim through two separate initiatives, which would bring in roughly $580 billion in revenue over 10 years. Changing the way the consumer-price index is measured would slow the way tax brackets rise, bringing in a further $100 billion over 10 years. On business taxes, the administration will propose lowering rates but curbing enough deductions so that the overall level of corporate taxes remains the same. WSJ reporter Janet Hook explains why the Obama budget is arriving so late, and looks at whether there is any realistic hope Democrats and Republicans will find common fiscal ground. The White House will propose new taxes on tobacco products, which officials have said will be used to pay for a new "Preschool for All" initiative that would aim to create an early-childhood education system for all 4-year-olds. The president would direct $50 billion for infrastructure spending, on things like roads, highways, bridges, transit systems and airports. Administration officials have said the new initiatives wouldn't add to the deficit because they would be paid for by other budget changes, but they are likely to run into criticism on this front. A senior administration official said the infrastructure programs, for example, would be offset by money saved by ending the wars in Iraq and Afghanistan. Republicans have often described such "savings" as a budget gimmick. The portions of the budget proposal that could draw the most attention—and are expected to be the subject of discussion at the GOP dinner Wednesday—will be the measures to reduce the deficit. White House officials say the budget would build on the roughly $2.5 trillion in deficit-reduction measures—chiefly spending cuts and tax increases—that policy makers have already agreed to over the past two years. The new budget has already drawn some fire for including spending cuts the White House offered to Republicans in December, when Mr. Obama sought a compromise on tax and spending policy. These cuts include $130 billion in reductions over 10 years by slowing the rise in Social Security and other federal benefits by using a different inflation measure to calculate annual cost-of-living increases. The outreach to the GOP and shift in strategy is a gamble with no guarantee of success. The White House wants to show Republicans it is serious about reducing the deficit and will offer cuts in exchange for tax increases. The White House also wants to increase spending in a number of areas that administration officials believe will help lower unemployment. The unemployment rate was 7.6% in March and has remained stubbornly high since the financial crisis. "If we could get parties to come together, as the president's budget [Wednesday] will show, we could reach agreement on a balanced approach that provides for short-term growth and job creation, and long-term fiscal restraint," Treasury Secretary Jacob Lew said in an interview with NPR. But Republican leaders have said they won't accept the new taxes that Mr. Obama will propose, which come largely from limits on tax breaks for upper-income earners. They see many parts of the White House budget as recycled proposals that have been floated and ignored for several years. "Apart from reports of a modest entitlement change—and we'll need to see the details on that—it sounds like the White House just tossed last year's budget in the microwave," Senate Minority Leader Mitch McConnell (R., Ky.) said Tuesday. The White House's strategy, unlike during the past few budget negotiations, is to work around Mr. McConnell and House Speaker John Boehner (R., Ohio) and instead appeal to rank-and-file Republican senators who might be willing to back a large deficit-reduction package. And there are signs that this strategy, albeit in its early stages, is advancing. Sen. John McCain (R., Ariz.), said Tuesday the White House has "showed some willingness to compromise," a sentiment offered by some other Republicans this week. "It's a start,'' said Sen. John Hoeven (R., N.D.). "We have got to figure out how to get to a grand bargain. There are things in the budget where the president signaled he's willing.'' Messrs. McCain and Hoeven attended a dinner with Mr. Obama and 10 other GOP senators last month, where the group delved into budget issues. Since then, Mr. Obama and other White House officials have circled back with many of the attendees. A second dinner, to be held Wednesday at the White House, will include a new batch of GOP lawmakers, including Sens. Johnny Isakson of Georgia and Orrin Hatch of Utah. These talks are moving slowly, with White House officials focusing more on laying the groundwork for future talks. White House officials have designed their budget proposal to fall somewhere between the budget resolutions recently passed by the House and Senate. The House plan, supported only by Republicans, included no tax increases and deep spending cuts, which backers say would eliminate the deficit by 2023. The Senate plan, backed only by Democrats, would reduce the deficit through equal parts tax increases and spending cuts, but it avoids some of the changes to Social Security and other federal benefits that Mr. Obama will offer. Reconciling the differences between the House and Senate plans will be difficult, but some policy makers are trying to spur talks in advance of the summer. That is when the government is expected to run out of room under the statutory debt ceiling, making it much harder to borrow money and continue paying its bills.

  News source online.wsj.com

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I Quantified Myself And All I Got Was This Addictive App

ast week I needed to do some research on wearable computing so I headed to Apple (AAPL) store in San Francisco’s Union Square to pick up some health and fitness gadgets that would help me quantify myself. After clawing my way through tourists, German backpackers updating their Facebook (FB) status, and a woman losing her mind because her iPhone wouldn’t sync with her laptop, I found my way to the accessories where a helpful employee took me through many of the available options for wearable quantification. Two things became immediately obvious. One: while gadgets tend toward the shiny and metallic, wristbands, pedometers, and such are mostly in matte colors—at least the popular ones, suggesting that you want to keep your quantification hidden or at least subdued. I felt good about that. Two: On some level I’m the target market for pretty much everything that is sold in the world today. I’m in 35-49 age bracket, live in a tech-obsessed metropolis, and waste a fair bit of disposable income on gadgetry. There are so many options for app-enabled accessories that I was forced to setup a decision-tree on the store floor. It was working until a toddler kicked a Sphero ball into my device-based parallelogram. The upside is that I walked away from an iPhone connected lightbulb and a pet tracker, which was good because I don’t have a pet. Eventually I settled on the Nike+ FuelBand and the Jawbone UP. I didn’t go for the Fitbit because I wanted the wristband-style and the company, while arguably the leader in the space, hasn’t yet started shipping its wrist-based offering. I took my purchases home, plugged them in for charging—no, neither of them work right out of the box—and fired them up. Kinda. I had to go the App Store and get both apps, then plug the FuelBand into a computer to configure it, then connect the band and my iPhone via Bluetooth. Easy enough, if a bit annoying. The UP plugs directly into your phone but the app took a few tries to remember my profile. And the sync’ing of your bracelet and the app isn’t terribly obvious—in fact I couldn’t find it for a bit until my 6 year old daughter swiped the app and it popped up. Eventually I got everything to work and measured myself for a few days. Both devices keep track of steps, active time, calorie burn, and a few other metrics. Nike (NKE) has created its own “Fuel” measurement, an amalgam of your activities. As a guy who loves made-up statistics, Fuel was my holy grail. I still don’t know what Fuel means, but I crushed it. Measurement was inconsistent and seemingly arbitrary. I’ve yet to figure out how the two devices had such major discrepancies when I was wearing both of them simultaneously on the same wrist. These discrepancies may cause anxiety about meeting your targets. To paraphrase the old saying about the man with two clocks, carrying two fitness trackers means you never know the number of steps you’ve taken. Also, wearing both may cause anxiety that you look like a dork. I definitely got that feeling at the gym; while running in Golden Gate Park, not so much. It’s important to note that the majority of the products in this space are more systems than they are apps or standalone devices. You need to have the hardware and the software together in order to get anything out of them. And eventually you may want to track yourself against others. Nike has already opened up the developer APIs to build new apps and integrate data, and presumably the other vendors will as well if they haven’t already. The systems I tried each had a few quirks that made them slightly less appealing. The UP requires you to plug the bracelet into your smartphone to sync which got old very fast, but it looks cooler than the Fuelband. The Fuelband’s “Fuel” measurement could go either way but most people can’t measure their fitness based on arbitrary statistics. Realistically anything that gets people to exercise more is a good thing. And this experiment has made me a very strong believer in the broadly defined wearable computing for health and fitness product category. It’s nice to see highly addictive applications that don’t involve flinging birds or farming virtual carrots.

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U.S. Air Force designates six cybertools as weapons

Six cybertools have been designated as weapons by the U.S. Air Force, allowing the programs to better compete for increasingly scarce Pentagon funding, an Air Force official said on Monday. Lt. Gen. John Hyten, vice commander of Air Force Space Command, told a conference held in conjunction with the National Space Symposium that the new designations would boost the profile of the military's cyberoperations as countries grapple with attacks originating from the Internet. "This means that the game-changing capability that cyber is, is going to get more attention and the recognition that it deserves," Hyten told conference attendees, according to a Reuters account of the speech. "It's very, very hard to compete for resources. ... You have to be able to make that case." Hyten, who said the Air Force was working to integrate cybercapabilities with other weapons, offered no details on the new cyber weapons. Related stories Anonymous targets Israel in another cyberattack How the Spamhaus DDoS attack could have been prevented Wells Fargo site hit by denial-of-service attack The Air Force plans to increase its cyber workforce by 20 percent, adding 1,200 people to its current 6,000, he said. "We have to do this quickly. We cannot wait," he said. It's widely believed that the United States and Israel created Stuxnet, a sophisticated computer virus that attacked a nuclear enrichment facility in Iran in 2010. Rather than steal data, Stuxnet left a backdoor, meant to be accessed remotely, to allow outsiders to stealthily knock the facility offline and at least temporarily cripple Iran's nuclear program. U.S. officials have blamed Iran for creating the Shamoon virus, which was responsible for a cyberattack that infected more than 30,000 computers at Saudi Arabian oil company Saudi Aramco and Qatar's natural gas firm Rasgas in mid-August.

 News source news.cnet.com
 

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Miracle

I trough the darkness and bad time never finish in my life But one day miracle came in my life. I can not believe the aim is surrounding in my life It is almost been building in my life. Let the person oppress, but you must not fear You bear one day will finish all difficulty in your life. If you have any aim don’t till it anyone One epoch will come you spend a successful life. I trough the darkness and bad time never finish in my life But one day miracle came in my life. But one day miracle came in my life. Waseem saleem

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Afghan Taliban kill 44 in suicide attack on courtroom

Reuters) - Nine Taliban suicide bombers killed themselves and 44 others on Wednesday in an attack on a courtroom in western Afghanistan where 10 of their comrades were on trial, a local official said. Causing the biggest death toll in a single attack since 2011, the militants, strapped with explosives, stormed the governor's compound in the capital of Farah province, bordering Iran, where the trial was taking place. Thirty-four of the dead were civilians, the rest Afghan security forces, the governor's spokesman Abdul Rahman Zhwandai said. The Taliban said all 10 of its fighters who were on trial were freed. "We sent several warnings to those in the Farah government, telling them not to work there," Taliban spokesman Qari Yousuf Ahmadi said. The attack will add to concerns about how Afghan security forces will manage once NATO-led combat troops withdraw by the end of next year. Farah province, where U.S. and Italian troops are stationed, saw a sharp deterioration in security last year, with increased targeting of government officials and a regrouping of insurgent networks, according to the Afghanistan Analysts Network (AAN). The vast distances between towns in Farah, sandwiched between Helmand and Herat, may allow for more Taliban gains in the near future, AAN said in a report last month. Civilian casualties in the NATO-led war, now in its twelfth year, decreased in 2012 after rising for five years, according to the United Nations. More than 80 percent of civilian casualties are caused by insurgents. The last major attack inflicting a high civilian death toll was in July last year, when a suicide bomber killed a prominent anti-Taliban politician and 22 other guests at a wedding in the northern Samangan province. In December 2011, bombers struck Shi'ite Muslim religious observances in Kabul, killing 58 people in a rare sectarian attack. (Writing by Amie Ferris-Rotman; Editing by Robin Pomeroy)


                           News source www.reuters.com

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