This morning I woke up to two very different pieces of news, yet they are very much connected. The first was the news that the U.S. unemployment rate fell to 11.1% in June, and as a nation we added 4.8 million jobs to the economy. Certainly it’s good news that the trend line has moved downward for two straight months, and people are returning to work. [caption id="attachment_182239" align="alignright" width="300"] Source: Bureau of Labor Statistics[/caption] Still, economists warn that May and June’s numbers are a little rosier than reality, due to the tracking methodologies. I won’t get into this since it’s not really the point I’m working towards. And regardless of what the numbers might actually be, neither May nor June were particularly good. Make no mistake about that. No matter how much spin you put on it, double-digit unemployment figures are not an indicator of a strong economy, regardless of what a month-over-month trend line looks like, or how the stock market is performing. After all, when you zoom out a little further, that line looks especially bad when just five months ago our unemployment rate was 3.8%. And for what it's worth, soaring stock markets don't change the fact that millions have people have lost their jobs and entire industries have been decimated. Obviously there are extenuating circumstances that are responsible for where we are today. COVID-19 has ravaged our lives and our economy, and it happened almost overnight. So believe me when I say I... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2020-07-02 16:42:10 UTC ]
Andrew Cuomo, the disgraced former governor, seems to inch closer and closer to running for mayor.He clearly hoped Mayor Eric Adams, indicted on corruption charges in September, would resign, triggering a special election. Cuomo, for now, seems less enthusiastic about taking on Adams directly.... Continue reading at Crains New York
[ Crains New York | 2024-12-03 18:43:26 UTC ]
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Hunting for office space before the pandemic, executives at ad agency Wellcom Worldwide were dismayed to encounter asking rents of $90 per square foot a year in Manhattan, which wound up being a deal-breaker. The company landed in far-cheaper Dumbo instead.But now, with Manhattan prices still... Continue reading at Crains New York
[ Crains New York | 2024-11-25 10:48:24 UTC ]
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The Oklahoma-based arts-and-crafts retailer known for its ownership's conservative political leanings is coming soon to Manhattan.Hobby Lobby, which opened its first chain in the city on Staten Island in March, has now signed one of the largest leases in Manhattan so far this year, inking a deal... Continue reading at Crains New York
[ Crains New York | 2024-07-09 09:48:05 UTC ]
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With its divestiture program nearing completion, positive indicators in its research group, and ongoing generative projects, Wiley expects sales and earnings to bounce back in fiscal 2025. Continue reading at Publishers Weekly
[ Publishers Weekly | 2024-06-13 04:00:00 UTC ]
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Looking for a productive way to read and take notes at the same time? Then you probably need this Kindle Scribe that’s currently only $280, way down from its usual price tag of $390. Unlike the other Kindle devices that are mainly for reading, the Kindle Scribe is designed for jotting... Continue reading at PC World
[ PC World | 2024-06-10 14:21:42 UTC ]
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During the Digiday Publishing Summit, the COO of VMG’s news and entertainment arm explained how its publishing business plans to bounce back over the next 12 to 18 months. Continue reading at Digiday
[ Digiday | 2023-09-20 04:01:00 UTC ]
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Lisa Jewell puts a great deal of thought into the monikers she chooses for the people who populate her books. Here are her rules of thumb. Continue reading at The New York Times
[ The New York Times | 2023-09-07 09:02:29 UTC ]
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With attendance back to pre-pandemic levels, there was lots of energy at publishing’s premiere children’s fair. Continue reading at Publishers Weekly
[ Publishers Weekly | 2023-03-10 05:00:00 UTC ]
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Our annual celebration of the rising stars of book publishing features profiles of 36 honorees and five finalists. Continue reading at Publishers Weekly
[ Publishers Weekly | 2022-10-28 04:00:00 UTC ]
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Writers of short stories have said a great deal about relationships of various kinds, and although the novel may be the preferred form for teasing out the complexities and conflicts of a long-term relationship, the short-story form can also provide writers with enough space to pinpoint a... Continue reading at Interesting Literature
[ Interesting Literature | 2022-07-29 14:00:30 UTC ]
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This New York City Children’s Theater adaptation of Maya Angelou’s celebrated memoir faces the challenge of faithfully telling a story that encompasses a great deal of pain. Continue reading at The New York Times
[ The New York Times | 2022-05-25 20:59:11 UTC ]
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While exhibitor and visitor numbers are expected to be well down on pre-pandemic figures, a number of trade professionals have indicated to The Bookseller that they will return to the Frankfurt Book Fair. But what will the new hybrid fair look like? Continue reading at The Bookseller
[ The Bookseller | 2021-10-01 09:11:26 UTC ]
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Simon Heffer’s encyclopedic book about Victorian and Edwardian England offers a fascinating perspective on the present. Continue reading at The Washington Post
[ The Washington Post | 2021-05-05 06:00:00 UTC ]
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“Paul and Bunny Mellon: Visual Biographies - The Trompe l’Oeil Paintings at Oak Spring, Virginia” explores two paintings that reveal a great deal about their owners. Continue reading at The Washington Post
[ The Washington Post | 2020-11-02 13:00:00 UTC ]
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We have a vague idea, and a great deal of received wisdom, but, notoriously, we’ve found it challenging to answer some of the simplest questions. Continue reading at The Bookseller
[ The Bookseller | 2020-08-24 18:03:10 UTC ]
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This morning I woke up to two very different pieces of news, yet they are very much connected. The first was the news that the U.S. unemployment rate fell to 11.1% in June, and as a nation we added 4.8 million jobs to the economy. Certainly it’s good news that the trend line has moved downward... Continue reading at Folio Magazine
[ Folio Magazine | 2020-07-02 16:42:10 UTC ]
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The British Book Awards, the annual celebration of the best books, bookshops and publishers, will return on 29th June with a virtual ceremony open to all. Continue reading at The Bookseller
[ The Bookseller | 2020-05-20 20:57:55 UTC ]
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A survey of indie presses shows that 60% fear they could be out of business by the autumn, writes Galley Beggar Press cofounder Sam JordisonOver the past few years, the success of independent publishers such as Fitzcarraldo, And Other Stories, Bluemooose and Influx Press has been something to... Continue reading at The Guardian
[ The Guardian | 2020-05-15 06:00:32 UTC ]
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Interviews Veronica Esposito Ottilie Mulzet is the principal English-language translator of Hungarian author László Krasznahorkai, winner of numerous international honors. Together, they received the 2019 National Book Award in Translation for Mulzet’s... Continue reading at World Literature Today
[ World Literature Today | 2020-02-20 14:05:36 UTC ]
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New York Comic Con 2019 was held October 3-6 at the Javits Convention Center in Manhattan. Publishers Weekly was on hand to bring back images of the artists, publishers and fans attending the annual celebration of comics, graphic novels and popular culture. Continue reading at Publishers Weekly
[ Publishers Weekly | 2019-10-08 04:00:00 UTC ]
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