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January 14, 2011     Post-Gazette
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Page 4 POST-GAZETTE, JANUARY 14, 2011 king with Ben Doherty THINGS ARE LOOKING UP[ After a terrible year, em- ployers are once again opti- mistic about hiring workers A year ago, talk of a jobless recovery dominated the news in Massachusetts, and climbed out of a deep reces- sion. Economists are signal- ing a brighter picture for 2011, looking at solid growth with an economic recovery on the way. First time signs of unemployment growth are evident in the numbers. Unemployment numbers are falling to a two year low in recent weeks, while job openings have skyrocketed since August 2008, accord- ing to the Labor Department. The national unemployment rate has fallen in each of the last three months. The na- tional unemployment rate has fallen to 9.5% from No- vember 2010. The rate was 9.5% down from 9.8%. In Massachusetts, job openings are up and the employees are optimistic over the next sev- eral months as companies are making history at higher employment. It's getting bet- ter slowly, said the Associ- ated Industries of Massachu- setts, the state's largest employment group. Compa- nies will increase dividends as a way to demonstrate they have recovered, says Fidelity's Joanna Bewick. Dividends are the quarterly way shareholders report as they make up historically more than 40% of the total return of the S&P500 Index Companies are feeling good about increasing dividends in 2011 and over the next two years. Most companies slashed dividends to ride out the recession and now they are paying dividends from increased earnings.. GE reported last month that it will increase its dividends for the quarter by .9 to 14/share. Recruiters are finding it easier to find jobs for people. Frank Gentile has been doing the impossible for the last two years. It's been the busiest time of his life over the past year and the most difficult. Many of those he saw had been unemployed for a year in the desperate hunt for job open- ings for the small number of openings he found, strug- gling to pay bills and cling- ing to hope. You change people's lives he said. It's a great feeling and what keeps you going! Now the cloud is lifting on the job market. Now he is placing about 12 people a month in jobs in fi- nancial services, account- ing and services. It's double the past month or at the peak of the recession when he could place only 1 out of 20. It will take years before employment returns to pre- recession levels. Marimen Behrawash, Chief Economist with HIS Globe Site of Lex- ington estimates, that unem- ployment in Massachusetts will fall to 7.8% this year. Employers confident of an improved economy and eco- nomic tax incentives, will hire, and business tax in- centives approved by Con- gress will encourage growth, but several businesses will hire again for people with technological backgrounds and computer language ex- pertise. You can't invest your way out of the recession. Lay- offs have been steadily slow- ing since 2008 but it's not going to improve overnight Raytheon Company could gain under a Pentagon Plan to reduce spending to help pay the deficit. The move requires $78 billion in spending cuts. The move plans to benefit from expand- ing missile defense systems in Europe, especially radar and 5M missile systems. Raytheon could gain $100 billion. Wall Street expected the cuts would be made by. Nvidia Corp, the California- based stock climbed after Microsoft Corp, announced at the Las Vegas show that a new version of its Windows personal computer will run on low powered missile de- fense chips made by Nvidia Qualcom Inc., and Texas In- struments. This marked a shift in its business with Intel Corp. It's time to call your financial advisor or call me 617-261-7777. MENTAL HEALTH COURTS: Real Problem.Solvers Since the first mental health court opened up in Broward County, Florida back in 1997, the numbers by Sal Giarratani across the country. Today, there are close to 250 such courts across America and the success rates of these criminal courts, which rely on punishment. Mental health courts work like drug courts which use the prob- by Sal Giarratani % Is New World Order Here? If you listen to some of those verbose televangelists on the tube, the end times are nearing. They point to the New World Order where the European Union and the devaluing of the American dollar is the biggest and badest story going. When once we joked that it would take a wheel barrel full of li- ras or pesos to buy a loaf of bread, it is our U.S. currency that is heading for wheel barrel status. Over in Europe, national- ism has given way to the one- size fits all European Union. Meanwhile, it is the yen that has taken over the world market as the U.S. becomes a debtor nation ow- ing mostly to China, the world's largest dictatorship. Back in 1972 when I trav- eled to London, Scotland and Ireland, I remember that dollar was worth two and a half pounds. We were the standard for the whole world's currency. Not anymore. The Euro and the Yen have taken over from us. Meanwhile, back here at home, under Our Fearless Leader in the White House, the healthcare overhaul signed into law last March still has those "death pan- els" in it. Government bu- reaucrats will be deciding who will and will not get that surgery that is needed. If you're too young or too old, you'll need to be thinking cemetery not operating room. Also, as far as George Orwell's fictional Big Brother goviernment goes, 1984 is really here. Out in Califor- niai it is reported that one supermarket chain has al- ready planted chips into the hands of its customers to make things easier at the checkout line. We are get- ting GPS(ed) all over the place. Our country seems falling apart both financially and ethically. We have no stan- dards to uphold. Anything seems to go and we are becoming drones to a faceless government. Our individual liberties are en- dangered and THEY say it is for our own good but for whose good is it really? We used to call ourselves an exceptionable nation but now we have an occupant in the White House who thinks we're really no better than every other nation on this Earth and apparently up there with North Korea or Venezuela. I'm not sure about those upcoming "End Times" preached from TV pulpits are corning but the end times for ithe American taxpayer is surely at hand. The Agency for aft your InSurance Coverages :AUTO HOMEOWNERS TENANTS COMMERCIAL Experience makes the difference of these courts which focuscourts have the result of lem solving technique SPECIALIST in RESTAURANT and BUSINESS POLICIES on treatment rather than opening more such courts rather than criminal court CALL-I-ODAYFOR YOUR QUOTE punishment have grown and avoid the logjam in theproceedings. The rationale behind 617.-523-3456- Fax i 617-723-9212 I ' ] these courts is to keep 1 Longfellow - Place Suite 232 - Boston, MA 02114 Greater Boston s Affordable Private Cemetery people from repeating bad or Conveniently' located with Free Parking Traditional Burial Plot criminal behaviors. The in- dividual who stands before (for, Starting at SlSOO l ' the bench in a mental i _' ~?~:;:~: [ health court is actually a [ ORTH END i ......... ................... ~ : ': :~::!%~ partner in the treatment MICIhELCEMETERY along with court staff and ] Ii COMM , U L U S 4L OWMSmUMS I mental health clinicians .. | '5 nt b (j St. Olt.O-',+.,uov| Theresultsshowthatthis rli,, I ~st"h,~g~,'~]3] www.stmichaeloemetery.oom I new model of action does :3-][~ kiTI ~,l~ the Italian community for over 100 years/ ll wOrknumbersandto thereshow thatare moregd i ~ I'~ i'~ oi I "~I l~J~~'~i~---v-t~J-~'MA O2113 ! sue. .eseCU court nee are a.t open. , ooo o..., Boston Harborside Home version measures that keep =~v~|~=I~[~]~I=]~FJ~;l~1~=~|~=~[~|~|~i~I~J11~j~g~=~`~(- people out of jail and out of i Joseph A. Langone 580 Commercial St. Boston, MA 02109 617-536-4110 www.bostonharborsidehome.com Augustave M. Sabia, Jr. Trevor Slauenwhite Frederick ]. Wobrock Dino C. Manca Courtnev A. Fitzgibbons A Service Family Affiliate of AFFS/Service Corporation International 206 Winter St., Fall River, MA 02720 Telephone 508-676-2454 r J trouble. Less than 5 years ago, there was just 107 such courts with only two in the New England Region. Today, there are two in Massachu- setts and a third planned by the state Department of Mental Health down in Ply- mouth, MA. Rhode Island has two courts and New Hampshire has four. These mental health courts, like drug courts, are effectively helping troubled individuals and keep society safe for both them and us. Quality Printing for all YOUr Commercial and P~rsonal Needs Stationery * Business Cards* Menus * Flyers Program Books * Wedding and Party Invitations Announcements * Business Forms and Documents COMPETITIVE PRICES --