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ADP: Hiring Surges in June

first_img Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago in Featured, Headlines, Market Studies, News Home / Featured / ADP: Hiring Surges in June Derek Templeton is an attorney based in Dallas, Texas. He practices in the areas of real estate, financial services, and general corporate transactional law. His experience includes time as an Attorney Adviser for the U.S. Small Business Administration and as General Counsel for a nonprofit organization in Dallas. A self-avowed “policy junkie,” he has a keen interest in the effect that evolving federal policy has on the mortgage, default servicing, and greater housing industries. Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Share Save Tagged with: ADP Bureau of Labor Statistics Job Outlook The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img Related Articles July 2, 2014 660 Views Employment in the private sector rose in June at the highest rate in nearly two years, according to the ADP National Employment Report issued Wednesday for the month of June. By ADP’s calculation, private sector employment rose by 281,000 new jobs created, surpassing most already optimistic projections.The increase represents a gain of 102,000 private sector jobs over May’s 179,000 job increase, signaling that employers are accelerating their hiring as demand continues to increase. The report, which is derived from ADP’s actual payroll data, measures the change in total nonfarm private employment each month on a seasonally-adjusted basis.Mark Zandi, chief economist of Moody’s Analytics, said, “The job market is steadily improving. Job gains are broad based across all industries and company sizes. Judging from the job market, the economic recovery remains fully intact and is gaining momentum.”Of particular note to the housing industry, construction payrolls added 36,000 new jobs. Professional businesses services saw the greatest increase, clocking in at a 77,000 job gain.”The June jobs number is a welcome boost,” said Carlos Rodriguez, president and chief executive officer of ADP. “The number of construction jobs added was particularly encouraging, representing the highest total in that industry since February of 2006.”The report could be a good omen for the Obama Administration as it seeks to reassure the American public that the economy is not in danger of giving back recent gains after a lackluster first quarter of 2014. The government issued jobs report from the Bureau of Labor Statistics, encompassing both the public and private sector job rolls, is due out Thursday.The median economist job growth prediction for June, in the Bloomberg monthly survey, forecasts a growth of 205,000 new jobs. Economists also predict that the unemployment rate will hold steady at 6.3 percent. If these numbers hold, it will be a signal to investors and consumers alike that economic fears that discourage spending and investment are unfounded at this point in time. Governmental Measures Target Expanded Access to Affordable Housing 2 days ago ADP: Hiring Surges in June The Best Markets For Residential Property Investors 2 days ago Previous: Delinquency Write-Off Rate Continues to Drop Next: Servicing Temporarily Restricted for Nationstar Last Year Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Derek Templeton ADP Bureau of Labor Statistics Job Outlook 2014-07-02 Derek Templeton Subscribelast_img read more

Alex Chesterman steps down as CEO of Zoopla parent company ZPG

first_imgZoopla co-founder Alex Chesterman has stepped down from his position as CEO of parent company ZPG following its purchase by US equity firm Silver Lake Partners in July.Unusually for such a large company, no successor has been named yet.Chesterman will no longer be involved in the day-to-day running of the company from the end of September but will remain a board member, shareholder and advisor.The serial entrepreneur no longer needs his CEO’s salary. In 2014 he made £27.5 million following ZPG’s stockmarket flotation and later sold shares worth £25 million. He holds additional share options in ZPG worth £63 million.Chesterman’s departure from the helm of his £300m turnover company has been expected within the industry since Silverlake hoovered it up for £2.2 billion.No.2 portalThis was the end-game of Chesterman’s ZPG journey, which kicked off in 2007 when, armed with several million pounds he had earned from the sale of DVD movie business Love Film, he set out to create a No.2 in the portal market.His strategy was a simple one – establish a new portal brand but then buy up all the small and large competitors to Rightmove to gain market share.This included Think Property and Propertyfinder as well as, five years ago, his break-through deal with the Daily Mail General Trust to acquire its portals PrimeLocation and FindaProperty.It was also Chesterman’s idea to turn Zoopla into a horizontally integrated group of companies each involved in the purchase, letting or management of a home and the running of estate agency businesses.He also ran ZPG in a relatively unusual way during the early days via a flat management structure which enabled the company to move quickly.Chesterman’s increasing level of angel investment in dozens of start-ups including Fuel, Carwow and Secret Escapes recently has pointed to his imminent departure, as has his purchase of a second holiday home on the Palm Beach seafront in Florida next to his existing one.“After ten years of developing and growing ZPG into a multi-billion pound market-leading business, now is the right time for me to step down as CEO,” he says.“I am incredibly proud of what the team has achieved, having transformed the markets we operate in for both our consumers and partners.”  Alex Chesterman Zoopla ZPG September 7, 2018Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Marketing » Alex Chesterman steps down as CEO of Zoopla parent company ZPG previous nextMarketingAlex Chesterman steps down as CEO of Zoopla parent company ZPGEleven years after establishing the No.2 property portal in the UK the OBE holding serial entrepreneur is to focus of his ‘other investments’.Nigel Lewis7th September 201803,625 Viewslast_img read more

Former Australian Fleet ‘XO’ Awarded CSM in Queens Birthday Honours List

first_img View post tag: Queen’s The proud father of three from Sydney’s east is to be recognised for his achievement in the performance of duty as the Fleet Executive Officer at Navy Fleet Headquarters Australia.Commander Landon said he didn’t expect such an honour and was surprised to be announced in the list.“I am very humbled and honoured at being awarded a Conspicuous Service Medal,” Commander Landon said.“As the Fleet Executive Officer the rewards come from observing a new ship’s company develop into a team, ready to tackle the next challenge”. “As a part of the Navy’s sea training group, I was privileged to work with some of the most experienced and professional people in the service. My job was to help them work to the best of their abilities, during a very busy two years of work-up exercises on major fleet units.”The award is not the first recognition of Commander Landon’s commitment to the Navy. In 2008 he received a Chief of Defence Force Commendation for his role as the Executive Officer of HMAS Toowoomba during Operation Catalyst. “The deployment to the Middle East was the first for Toowoomba. We were tasked with protecting vital infrastructure and contributing to the rehabilitation and reconstruction of Iraq,” Commander Landon said.Currently living in Bondi Junction, Commander Landon has just completed his post graduate studies at the University of New South Wales and said he is now preparing for his first command posting. “In December this year I will take over as the Commanding Officer of HMAS Arunta,” Commander Landon said. “It is something I have aspired to throughout my career and I would not be able to achieve without the loving support of my wife and children.” The Conspicuous Service Medal, which will be presented to Commander Landon later this year, is given to those who show outstanding service or achievement in non-warlike situations.[mappress]Press Release, June 9, 2014; Image: Australian Navy View post tag: Honours June 9, 2014 View post tag: Awarded Training & Education Former Australian Fleet ‘XO’ Awarded CSM in Queens Birthday Honours List The next Commanding Officer of HMAS Arunta, Commander David Landon, has been named as a recipient of the Conspicuous Service Medal in the 2014 Queens Birthday honours list this weekend. View post tag: Birthday View post tag: CSM Back to overview,Home naval-today Former Australian Fleet ‘XO’ Awarded CSM in Queens Birthday Honours List center_img View post tag: XO View post tag: News by topic View post tag: List View post tag: fleet View post tag: Australian View post tag: Former View post tag: Naval View post tag: Navy Share this articlelast_img read more

Men’s basketball: Badgers enter NCAA Tournament with much to prove

first_imgWhen Wisconsin fell to then-No. 4 Virginia by seven points in the Battle 4 Atlantis Title game this fall, it served as validation more than a crushing defeat. The No. 25 Badgers mustered up just 46 points, as the Cavaliers’ usual stout defense stymied the Wisconsin backcourt. Despite outscoring Virginia in the second half, Wisconsin was limited to just 18 percent 3-point shooting. Ethan Happ led the Badgers with 22 points, but with no one else in double figures, Wisconsin was simply outlasted by an elite opponent.But after a 2017-18 season in which Wisconsin missed the NCAA Tournament for the first time in nearly two decades, the showing in Atlantis was promising. By competing toe-to-toe with a stacked Virginia team — last season’s No. 1 overall seed in the NCAA Tournament — and dominating other tough opponents early in the season, Head Coach Greg Gard’s bunch gave fans reassurance that this season would not be like the last — Wisconsin would find its way back to the big dance, where it has had a place for so many years.Men’s basketball: Wisconsin struggles in Big Ten Tournament Semifinal with loss to Michigan StateThe No. 4 University of Wisconsin men’s basketball team (23-9, 14-6 Big Ten) fell to the No. 1 Michigan State Read…Ever since the Badgers rattled off an 11-2 start to the season, it’s been somewhat up-and-down. To put it plainly, Wisconsin has been severely inconsistent.While students were away for the winter recess, the Badgers went just 3-5, including home losses to Minnesota and Purdue and road losses to Western Kentucky and Maryland. Then came a brilliant stretch from Happ, who led Wisconsin to a Jan. 19 upset of then No. 2 Michigan at the Kohl Center, kicking off a six-game win streak that fittingly ended Feb. 6 in Ann Arbor. Over the regular season’s home stretch, Wisconsin’s inconsistencies were dramatically exposed. The team shot just 29 percent from deep over the season’s final month after shooting a remarkable 41 percent during the winning streak. Opponents exposed Happ’s brutal free-throw shooting struggles, while his teammates struggled to pick up his slack over a difficult stretch of Big Ten play. Wisconsin’s backcourt, which looked poised to properly and consistently supplement Happ’s offensive production at the beginning of the season, significantly lost its steam. Brad Davison and D’Mitrik Trice could not deliver on a nightly basis despite shouldering heavy responsibility, and Nate Reuvers has not looked the same after a promising January.Men’s basketball: Ethan Happ becomes first three-time All-Big Ten honoree in UW historyFor the third consecutive year, Ethan Happ earned himself a spot on the first-team All-Big Ten team. Happ becomes just Read…In their place, role players like Khalil Iverson and Brevin Pritzl have demonstrated leadership, carrying the team at times down the stretch. Iverson’s revival over the last few games of the season gave Wisconsin’s offense a newer, more explosive dimension that had yet to be unleashed. Pritzl’s premier outside shooting has opened up the floor for Happ and, in turn, given others open looks. And Kobe King, whose role on the team has seemed murky at times, looked more confident in the Big Ten Tournament, particularly against Michigan State where he helped the Badgers force 15 turnovers. Wisconsin has dealt with the ups and downs of a season that many critics did not see coming with resilience. A 23-10 record, one of the nation’s top players and an emerging supporting cast give Wisconsin much to celebrate and look forward to entering the big dance.But even as the South Region’s No. 5 seed, the Badgers face a difficult path ahead. They will face No. 12 seed Oregon — the Pac-12 Tournament champions and winners of eight straight — in the First Round in San Jose, California Friday. A win there will secure a date with either No. 4 seed Kansas State, a team that heavily relies on its tough defense and experienced upperclassmen, much like Wisconsin, or No. 13 seed University of California-Irvine, who won 30 regular season games and relies on a slow tempo similar to Wisconsin’s.Men’s Basketball Roundtable: Questions before March Madness kickoffAs Wisconsin men’s basketball begins postseason play Friday, we asked a panel of our basketball writers — Ben Kenney, Harrison Read…Yes, the south region is loaded with slowed-down offenses and stingy defenses. It’s fitting that its No. 1 seed is none other than Virginia, who Wisconsin would likely face in the Sweet 16 if they are still dancing.It’s unclear whether the Badgers’ supporting cast will show up, or whether Davison and Trice can shoot like they did to open the season. Perhaps more concerning is Happ. Will his free-throw shooting be an open wound that opponents will expose? Will teams expose a one-dimensional Badger offense that relies heavily on low-post scoring?We’ve shouldered these questions and concerns all season. It’s time for Gard, Happ & Co. to finally answer them and present themselves in their true form with their season on the line.last_img read more