Autor: venred

Aptiv to Present at the 7th Annual Morgan Stanley Auto 2.0 Conference

DUBLIN, Jan. 8, 2021 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener, and more connected, announced that Aptiv’s Senior Vice President and Chief Technology Officer, Glen De Vos, will present at the Morgan Stanley Auto 2.0 Conference on Monday, January 11 at 1:30 p.m. EST.

…

DUBLIN, Jan. 8, 2021 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener, and more connected, announced that Aptiv’s Senior Vice President and Chief Technology Officer, Glen De Vos, will present at the Morgan Stanley Auto 2.0 Conference on Monday, January 11 at 1:30 p.m. EST.

A simultaneous webcast of the presentation will be available on the Aptiv Investor Relations website at ir.aptiv.com. For additional information, please contact Aptiv Investor Relations at ir@aptiv.com.

About Aptiv
Aptiv is a global technology company that develops safer, greener and more connected solutions enabling the future of mobility. Visit aptiv.com.

 

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SOURCE Aptiv PLC

Artists, Advocates & Thought Leaders to Convene for W.K. Kellogg Foundation’s Fifth Annual National Day of Racial Healing

BATTLE CREEK, Mich., Jan. 8, 2021 /PRNewswire/ — On Tues., Jan. 19, 2021, the W.K. Kellogg Foundation will virtually host the fifth annual National Day of Racial Healing, an afternoon of essential and timely conversations about racial healing, equity…

BATTLE CREEK, Mich., Jan. 8, 2021 /PRNewswire/ — On Tues., Jan. 19, 2021, the W.K. Kellogg Foundation will virtually host the fifth annual National Day of Racial Healing, an afternoon of essential and timely conversations about racial healing, equity and justice with leading advocates, artists and influencers.

The 100-minute (approx.) online event will feature conversations, panels and performances featuring Ta-Nehisi Coates, John Legend, Padma Lakshmi, Yara Shaidi, Storm Reid and more. The program will be led by Kellogg Foundation President and CEO La June Montgomery Tabron, and include performances by Aloe Blacc, Connie Lim (MILCK), Flor de Toloache, the Detroit Youth Choir, including an original poem by Youth Poet Laureate Amanda Gorman.

The annual program is designed to bridge divides, affirm our common humanity and inspire action. Conversations explore the truth-telling and trust-building that lead to racial healing and a more just and equitable future for all. The event will also recognize work done by grantees implementing the W.K. Kellogg Foundation’s Truth, Racial Healing & Transformation (TRHT) process in communities across the U.S.

What: A 100-minute (approx.) virtual National Day of Racial Healing event with panels, conversations, videos, music and creative performances; local virtual events are also being held across the country.

Where: To RSVP for the national event, please visit: www.dayofracialhealing.org 

When: Tues., Jan. 19, 2021 from 3:00 pm – 4:45 pm EST

Who: Hosted by the W.K. Kellogg Foundation and featuring:

  • Aloe Blacc
  • Cheryllyn Branche
  • Dominique Brown
  • Ta-Nehisi Coates
  • Rev. Dr. Kelly Brown Douglas
  • Detroit Youth Choir
  • Dr. Mónica Moreno Figueroa
  • Flor de Toloache
  • Amanda Gorman
  • María Hinojosa
  • Saru Jayaraman
  • Fr. Tim Kesicki
  • Padma Lakshmi
  • Connie Lim (MILCK)
  • Hasan Minhaj 
  • John Legend
  • Dr. Manuel Pastor
  • Rabbi Jonah Pesner
  • Storm Reid
  • Martin Sensmeier
  • Yara Shahidi
  • La June Montgomery Tabron
  • Jerry Tello
  • Baratunde Thurston
  • Lance Wheeler
  • And other youth advocates, performers and speakers

Visuals: Speakers, panelists and conversations, as well as music, dance and spoken-word poetry performances.

Visit www.dayofracialhealing.org for a complete list of events taking place around the country including Los Angeles, CA; Chicago, IL; Selma, AL; New Orleans, LA; Buffalo, NY; Baton Rouge, LA; Battle Creek, MI; Flint, MI; Kalamazoo, MI; Dallas, TX; and Richmond, VA. Join the conversation on social media via the hashtag #HowWeHeal.

About National Day of Racial Healing
The «National Day of Racial Healing» was established by the W.K. Kellogg Foundation in 2017 to promote healing as a critical path for ending racial bias and creating a society in which all children can thrive. The annual outreach grew out of W.K Kellogg Foundation’s Truth, Racial Healing & Transformation effort, a national and community-based process designed to bring transformational and sustainable change to communities, while addressing the historic and contemporary effects of racism.

About the W.K. Kellogg Foundation
The W.K. Kellogg Foundation, founded in 1930 as an independent, private foundation by breakfast cereal innovator and entrepreneur Will Keith Kellogg, is among the largest philanthropic foundations in the United States. Guided by the belief that all children should have an equal opportunity to thrive, W.K. Kellogg Foundation works with communities to create conditions for vulnerable children so they can realize their full potential in school, work and life.

The W.K. Kellogg Foundation is based in Battle Creek, Michigan, and works throughout the United States and internationally, as well as with sovereign tribes. Special attention is paid to priority places where there are high concentrations of poverty and where children face significant barriers to success.  W.K. Kellogg Foundation priority places in the U.S. are in Michigan, Mississippi, New Mexico and New Orleans; and internationally, are in Mexico and Haiti.

Contact: Aprill O. Turner or Louie Tan Vital, pd@megaphonestrategies.com 

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SOURCE W.K. Kellogg Foundation

Second Front Systems Applauds Congressional Passage of National Defense Authorization Act for the 60th Consecutive Year

ARLINGTON, Va., Jan. 8, 2021 /PRNewswire/ — Today, Second Front Systems (2F), a venture-backed defense software company, applauds Congress for passing the National Defense Authorization Act (NDAA) for the 60th year in a row.

ARLINGTON, Va., Jan. 8, 2021 /PRNewswire/ — Today, Second Front Systems (2F), a venture-backed defense software company, applauds Congress for passing the National Defense Authorization Act (NDAA) for the 60th year in a row.

«The bi-partisan commitment to NDAA is a testament to the dedication of Committee Chairmen Inhofe and Smith, Ranking Members Reed and Thornberry, and the hard work of their staffs,» said 2F Co-Founder and CEO Peter Dixon. «I would also like to thank Congressman Moulton for his leadership on the Future of Defense Task Force that we’re now seeing reflected in the priorities set by the NDAA.»

2F continues to support investments and policies that advance innovation within the Department of Defense, improve the capabilities of the modern-day warfighter, and are in the best interest of taxpayers.

«We are excited to see policies that advance and support defense innovation organizations and their efforts to connect with the venture backed community, start-up incubators, and government-focused accelerators,» added Dixon. «Providing these organizations the direction and tools necessary to tap into the best and brightest minds America has to offer is a big step in the right direction as they seek out ways to modernize the DoD.»

About Second Front Systems
Second Front Systems (2F) is a software company that equips defense and national security professionals for long-term, continuous competition for access to emerging technologies. Founded by two former Marines with firsthand experience of the dangers outdated technology poses in combat, 2F is fast-tracking government access to disruptive, commercially proven technology for national security missions. Second Front Systems is a venture-backed, public benefit corporation with a mission to accelerate delivery of emerging commercial technologies to warfighters. For more information, visit https://secondfront.com/

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SOURCE Second Front Systems

Mandatory COVID-19 testing introduced to bolster border measures

Mandatory COVID-19 testing introduced to bolster border measures

Mandatory COVID-19 testing introduced to bolster border measures

PR Newswire

LONDON, 08 January 2021

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Mandatory COVID-19 testing introduced to bolster border measures

Mandatory COVID-19 testing introduced to bolster border measures

PR Newswire

LONDON, 08 January 2021

LONDON, 08 January 2021 /PRNewswire Policy/ —

International arrivals required to prove negative COVID-19 test result before departure for England.

Passengers arriving from all international destinations will be required to present a negative COVID-19 test result before departing for England to help protect against new strains of coronavirus circulating internationally.

Transport Secretary Grant Shapps has announced that from next week inbound passengers arriving by boat, plane or train will have to take a test up to 72 hours before departing the country they are in, to help protect against the new strains of coronavirus such as those seen in Denmark and South Africa.

Today’s (8 January 2021) decisive action is in response to the changes seen in the transmission of the virus both domestically and across the globe. Pre-departure testing will protect travel and will provide an additional layer of safety from imported cases of coronavirus on top of the mandatory 10 day self-isolation for arrivals, helping identify people who may currently be infectious and preventing them from travelling to England.

A negative pre-departure test reduces the risk of someone travelling whilst infectious, acting as another safeguard to prevent imported infections. Passengers arriving from countries not on the government’s travel corridor list must self-isolate for 10 days regardless of their pre-departure test result to provide further robust protection from those travelling from high-risk countries.

Prior to departure passengers will need to present proof of a negative COVID-19 test result to carriers, as well as their passenger locator form. The UK Border Force will conduct spot checks on arrival into England to ensure that passengers are fully compliant.

The move further bolsters existing protective measures which helped to safely enable international travel last year, with self-isolation for new arrivals and travel corridors remaining critical in reducing the risk of imported cases from high-risk countries.

Transport Secretary, Grant Shapps said:

«We already have significant measures in place to prevent imported cases of COVID-19, but with new strains of the virus developing internationally we must take further precautions.

«Taken together with the existing mandatory self-isolation period for passengers returning from high-risk countries, pre-departure tests will provide a further line of defence – helping us control the virus as we roll out the vaccine at pace over the coming weeks.»

National lockdown restrictions which came into force on 6 January 2021 remain in place meaning everyone must stay at home unless travelling for a very limited set of reasons, including for work.

Permitted travellers will need to take their test up to 72 hours before departure, and this will apply irrespective of whether a country is on the travel corridor list. The government will set out the standards that these tests will need to meet and what proof passengers will need to present.

Passengers arriving into England who have successfully demonstrated a negative result prior to departure from a country not on the travel corridor list will still have the option to reduce the self-isolation period from 10 to as little as 5 days by paying for a test through the Test to Release scheme. The scheme requires a test to be taken on or after the fifth full day since leaving a country not on the travel corridor list.

Passengers will be required to show their negative test result before boarding, and transport operators will deny boarding if necessary. On arrival back into the UK, Border Force will check passengers test results through the current spot check regime, to ensure that individuals are compliant with the new rules, and passengers will be subject to an immediate fine of 500 pounds.

There will be a limited number of exemptions, including for hauliers, children under 11, crews and for those who travelling from countries without the infrastructure available to deliver the tests. Further exemptions will be set out on GOV.UK.

This follows the recent decision to temporarily suspend direct travel from South Africa to England after new evidence emerged from health authorities reporting an outbreak of a variant strain of coronavirus spreading to some local communities.

Those who travel indirectly from South Africa must self-isolate for 10 days.

All travellers will still be required to complete a passenger locator form before arrival into England. This is critical in being able to track the virus in case of any local outbreaks, and those who fail to complete a passenger locator form will be subject to an increased fine of 500 pounds.

SOURCE UK Department for Transport

LONDON, 08 January 2021 /PRNewswire Policy/ —

International arrivals required to prove negative COVID-19 test result before departure for England.

Passengers arriving from all international destinations will be required to present a negative COVID-19 test result before departing for England to help protect against new strains of coronavirus circulating internationally.

Transport Secretary Grant Shapps has announced that from next week inbound passengers arriving by boat, plane or train will have to take a test up to 72 hours before departing the country they are in, to help protect against the new strains of coronavirus such as those seen in Denmark and South Africa.

Today’s (8 January 2021) decisive action is in response to the changes seen in the transmission of the virus both domestically and across the globe. Pre-departure testing will protect travel and will provide an additional layer of safety from imported cases of coronavirus on top of the mandatory 10 day self-isolation for arrivals, helping identify people who may currently be infectious and preventing them from travelling to England.

A negative pre-departure test reduces the risk of someone travelling whilst infectious, acting as another safeguard to prevent imported infections. Passengers arriving from countries not on the government’s travel corridor list must self-isolate for 10 days regardless of their pre-departure test result to provide further robust protection from those travelling from high-risk countries.

Prior to departure passengers will need to present proof of a negative COVID-19 test result to carriers, as well as their passenger locator form. The UK Border Force will conduct spot checks on arrival into England to ensure that passengers are fully compliant.

The move further bolsters existing protective measures which helped to safely enable international travel last year, with self-isolation for new arrivals and travel corridors remaining critical in reducing the risk of imported cases from high-risk countries.

Transport Secretary, Grant Shapps said:

«We already have significant measures in place to prevent imported cases of COVID-19, but with new strains of the virus developing internationally we must take further precautions.

«Taken together with the existing mandatory self-isolation period for passengers returning from high-risk countries, pre-departure tests will provide a further line of defence – helping us control the virus as we roll out the vaccine at pace over the coming weeks.»

National lockdown restrictions which came into force on 6 January 2021 remain in place meaning everyone must stay at home unless travelling for a very limited set of reasons, including for work.

Permitted travellers will need to take their test up to 72 hours before departure, and this will apply irrespective of whether a country is on the travel corridor list. The government will set out the standards that these tests will need to meet and what proof passengers will need to present.

Passengers arriving into England who have successfully demonstrated a negative result prior to departure from a country not on the travel corridor list will still have the option to reduce the self-isolation period from 10 to as little as 5 days by paying for a test through the Test to Release scheme. The scheme requires a test to be taken on or after the fifth full day since leaving a country not on the travel corridor list.

Passengers will be required to show their negative test result before boarding, and transport operators will deny boarding if necessary. On arrival back into the UK, Border Force will check passengers test results through the current spot check regime, to ensure that individuals are compliant with the new rules, and passengers will be subject to an immediate fine of 500 pounds.

There will be a limited number of exemptions, including for hauliers, children under 11, crews and for those who travelling from countries without the infrastructure available to deliver the tests. Further exemptions will be set out on GOV.UK.

This follows the recent decision to temporarily suspend direct travel from South Africa to England after new evidence emerged from health authorities reporting an outbreak of a variant strain of coronavirus spreading to some local communities.

Those who travel indirectly from South Africa must self-isolate for 10 days.

All travellers will still be required to complete a passenger locator form before arrival into England. This is critical in being able to track the virus in case of any local outbreaks, and those who fail to complete a passenger locator form will be subject to an increased fine of 500 pounds.

SOURCE UK Department for Transport

Tech Hiring Stands Out in December Jobs Report

DOWNERS GROVE, Ill., Jan. 8, 2021 /PRNewswire/ — U.S. information technology (IT) companies increased employment by a net 22,200 workers while IT occupations throughout the economy grew by an estimated 391,000 positions in December, an analysis by CompTIA, the nonprofit association for the IT industry and workforce, reveals.[1]

…

DOWNERS GROVE, Ill., Jan. 8, 2021 /PRNewswire/ — U.S. information technology (IT) companies increased employment by a net 22,200 workers while IT occupations throughout the economy grew by an estimated 391,000 positions in December, an analysis by CompTIA, the nonprofit association for the IT industry and workforce, reveals.[1]

Tech hiring continues to bring a degree of stability to a still fragile labor market in an incomplete recovery.

The positive tech employment news stood out in a month where the U.S. economy lost 140,000 jobs, according to today’s U.S. Bureau of Labor Statistics (BLS) Employment Situation report (#JobsReport).

«Tech hiring continues to bring a degree of stability to a still fragile labor market in an incomplete recovery,» said Tim Herbert, executive vice president for research and market intelligence at CompTIA. «With projections of employer demand for tech talent remaining strong in the year ahead, we hope tech can continue to serve as a catalyst for business and career opportunity.»

The tech occupation unemployment rate was 3% in December, compared to 6.7% for the overall  economy. Tech unemployment started 2020 at 3% and ranged from a low of 2.4% to a high of 4.6% during the year.

Tech Sector Hiring Led by Services, Software Jobs

December hiring within the IT sector was paced by the addition of 20,300 jobs in the IT services and custom software development category in the employment category, an important indicator of small and medium-size business activity.

Also in positive territory were the categories of data processing, hosting and related services (+ 2,600), computer, electronics and semiconductor manufacturing (+ 1,600) and other information services, including search portals (+ 200). Telecommunications employment declined by 2,500 jobs.

During 2020 the U.S. IT sector recorded six months of employment growth and six months of job losses. IT occupation employment experienced seven months of growth and five months of declines in 2020. Last month’s addition of an estimated 391,000 new positions represented the largest monthly gain last year.

Tech Job Postings Up

Another positive sign was a modest increase in the number of employer job postings for core information technology positions, to nearly 207,000 in December. Software and application developer openings accounted for the largest share of the total at 62,900. IT support specialist (18,100), systems engineers and architects (16,600), systems analysts (13,700) and IT project managers (13,500) were also in demand.

Industries with the largest number of tech jobs postings included professional, scientific and technical services (38,215), finance and insurance (18,054), manufacturing (14,872) and information (12,406).

Among metropolitan areas across the country, New York, Seattle, San Jose, Chicago and San Francisco saw the largest month-over-month increase in tech job postings. At the state level, Washington, California, New York, Michigan and Illinois experienced the strongest month-over-month gains.

Employer hiring for emerging tech job roles and skills reached 57,509 for the month, a slight increase from November. As a percentage of overall technology job postings, emtech accounted for 28% in December, up 6 percentage points over the January 2020 rate of 22%.

The CompTIA Tech Jobs Report is available at https://www.comptia.org/content/tech-jobs-report.

About CompTIA

The Computing Technology Industry Association (CompTIA) is a leading voice and advocate for the $5 trillion global information technology ecosystem; and the estimated 75 million industry and tech professionals who design, implement, manage, and safeguard the technology that powers the world’s economy. Through education, training, certifications, advocacy, philanthropy, and market research, CompTIA is the hub for advancing the tech industry and its workforce. Visit www.comptia.org.

Media Contact 
Steven Ostrowski 
CompTIA 
+1 630-678-8468 
sostrowski@comptia.org

[1] Monthly occupation-level data reporting from the Bureau of Labor Statistics may be subject to higher levels of variance and volatility.

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SOURCE CompTIA

Global Electric Vehicle Battery Reuse & Recycling Market Report 2020: Collaborations Between Private and Public Entities will Become an Important Strategy

DUBLIN, Jan. 8, 2021 /PRNewswire/ — The «Evolution of the Global Electric Vehicle Battery…

DUBLIN, Jan. 8, 2021 /PRNewswire/ — The «Evolution of the Global Electric Vehicle Battery Reuse & Recycling Market, Forecast to 2025» report has been added to ResearchAndMarkets.com’s offering.

Research and Markets Logo

China will continue to dominate the electric vehicle (EV) battery reuse and recycling market because it is the world’s largest EV market. The rising number of EVs on the road is anticipated to increase the cost of the key materials used in batteries (lithium and cobalt, for example).

To reduce their dependence on the import of key materials from other countries, many companies have decided to construct their own facilities for the recycling of batteries. Existing recycling methods are based on chemical extraction processes tailored for single, specific elements (mainly, lithium and cobalt). The need of the hour is a new technology/solution that will help to overcome the challenge of having separate extraction processes for various elements.

Given the challenges battery disposal presents, recycling works as an opportunity to increase profit margins and decrease footprint, which will act as additional benefits for stakeholders. Battery manufacturers are working on a unified design that will be easy to dismantle; information can also be shared about battery controlling systems’ interfaces and communication protocol.

Collaborations between private and public entities will become an important strategy for effective advanced vehicle battery recycling. Innovative business models such as the Tesla-Umicore partnership create arrangements that are as good for the company as they are for the community; they also demonstrate how a recycling system can be both profitable and environmentally sound.

Supportive regulations that focus on the recycling of Li-ion batteries will alleviate material scarcity, lower material costs, and reduce energy usage, emission, and mining-related impacts. Robust investments in collection and recycling infrastructure and technology for new-generation vehicle batteries, along with effective regulations, will promote higher collection and recycling rates for Li-ion batteries.

Key Topics Covered:

1. Executive Summary

  • 2019 Highlights
  • Li-ion Batteries – Types of Chemistries
  • Li-ion Battery Portfolio and Battery Chemistry Value Chain
  • The Journey of the Li-ion Battery
  • Responsibility Scenarios
  • Key Trends Impacting the Market

2. Research Scope and Segmentation

  • Research Scope
  • Research Aim and Objectives
  • Key Questions this Study will Answer
  • Research Background
  • Research Methodology

3. Global EV Battery Reuse and Recycling Market Outlook

  • 2019 Highlights
  • Recovery Process for Used Li-ion Batteries
  • Recycling of Batteries
  • Li-ion Batteries – Types of Recycling Methodologies and Comparison
  • Key Trends Impacting the Market
  • Challenges and Barriers in the Battery Recycling Process

4. Chemistry of Li-ion Batteries

  • Li-ion Batteries – Types of Chemistries
  • Li-ion Batteries – Types of Chemistries
  • Li-ion Battery Portfolio and Battery Chemistry Value Chain
  • Li-ion Batteries – Adoption Trend by OEMs

5. Reuse and Recycling Methods and Value Chain

  • The Journey of the Li-ion Battery
  • Design for the Disassembly of EV Battery Packs
  • Li-ion Batteries – Recycling Value Chain
  • Responsibility Scenarios
  • Battery Recycling Companies
  • Li-ion Batteries – Recycling Value Chain (Basic Outline)
  • Service and Collection
  • Dismantling and Sorting
  • Battery Quality Check
  • Battery Reuse
  • Second-Life Battery Application
  • Battery Scrap
  • Battery Material Refining
  • Battery Remanufacturing

6. Existing Business Models

  • Existing Reuse and Recycle Business Models

7. Reuse and Recycling Policies

  • Recycling and Reuse of EV Li-ion Batteries
  • Outlook for Battery Reuse and Recycling Policies – US and Canada
  • Outlook for Battery Reuse and Recycling Policies – Europe
  • Outlook for Battery Reuse and Recycling Policies – China

8. Growth Opportunities and Companies to Action

  • Growth Opportunities
  • Strategic Imperatives

9. Key Conclusions

10. Appendix

Companies Mentioned

  • Tesla
  • Umicore

For more information about this report visit https://www.researchandmarkets.com/r/ohvn6f

Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
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SOURCE Research and Markets

New Energy Equity Expands MI Portfolio with City of Norton Shores

NORTON SHORES, Mich., Jan. 8, 2021 /PRNewswire/ — New Energy Equity, along with their development partner Chart House Energy, has completed a 326 kW-DC solar development project consisting of three separate municipal buildings in Norton Shores, MI. The three rooftops,…

NORTON SHORES, Mich., Jan. 8, 2021 /PRNewswire/ — New Energy Equity, along with their development partner Chart House Energy, has completed a 326 kW-DC solar development project consisting of three separate municipal buildings in Norton Shores, MI. The three rooftops, totaling about 21,000 square feet, includes the City of Norton Shores Fire Station, Public Works building, and City Hall. Working with the City of Norton Shores and Chart House Energy will add to New Energy Equity’s continued expansion throughout Michigan. Outside of Michigan, New Energy Equity has completed over 150 projects, totaling more than 185 MW in the Midwest Region.

New Energy Equity provided the upfront development financing, engineering and design support and long-term financing for the project. The project allows the City to save money on their annual electricity bills with no upfront costs. New Energy Equity will continue to work with the City of Norton Shores, Chart House Energy, and other local organizations across the state to promote the use of clean renewable energy.

«This project is expected to offset around 420 MWh per year, roughly equivalent to the annual energy usage of about 50 households. We are thrilled to see our partnership with New Energy Equity result in the successful installation of solar across the region,» says Jon Ledsworth of Chart House Energy.

«When cities like Norton Shores prioritize access to clean energy for their community, they not only save money on their electricity costs, but they also reduce their carbon footprint.» says New Energy Equity CEO and President Matthew Hankey. «We are excited about this project and the partnership between the City of Norton Shores, New Energy Equity and Chart House Energy. «

New Energy Equity recently completed a series of projects in the area totaling 647 kW-DC and has a local development pipeline exceeding 5 MW for 2021 in the state of Michigan.

About New Energy Equity

Founded in 2013 and headquartered in Annapolis, Maryland, New Energy Equity develops and finances solar power generation assets, providing clean electricity to commercial, industrial, municipal, and utility customers under long-term contracts. New Energy Equity successfully developed over 250MW of solar projects since 2013. The company was ranked as the sixth-largest developer on Solar Power World’s «2019 Top Solar Contractors» list and was voted as one of the fastest-growing energy companies in D.C., Maryland, and Virginia by Inc. Magazine in 2020.

For more information please visit New Energy Equity’s website at www.newenergyequity.com.  To stay up-to-date on current news, subscribe to our newsletter, follow us on LinkedIn, Twitter, & our blog.

Media inquiries:
Bridget Plunkett, Marketing Associate
T:   801-866-3687
E: bplunkett@newenergyequity.com

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SOURCE New Energy Equity

The U.S. Private Sector Job Quality Index (JQI)® December 2020

NEW YORK, Jan. 8, 2021 /PRNewswire-PRWeb/ — Following the release of the Employment Situation Report for December 2020 by the U.S. Bureau of Labor Statistics (BLS), the U.S. Private Sector Job Quality Index (JQI)® has been revised to a level of 81.24, down by…

NEW YORK, Jan. 8, 2021 /PRNewswire-PRWeb/ — Following the release of the Employment Situation Report for December 2020 by the U.S. Bureau of Labor Statistics (BLS), the U.S. Private Sector Job Quality Index (JQI)® has been revised to a level of 81.24, down by 0.91% from its revised level one month earlier and reflecting a higher proportion – relative to the prior month – of U.S. production and non-supervisory (P&NS) jobs paying less than the mean weekly income of all P&NS jobs («Low Quality Jobs»), relative to those jobs paying above such mean. The JQI remains heavily impacted by the extraordinary disruption in the number and composition of private sector production and non-supervisory jobs since the beginning of the U.S. impact of the COVID19 global pandemic, with regard to which the following additional special factors should be noted:

  • the BLS Employment Situation Report for December reflects a 95,000 decline in private sector payrolls, finally reflecting the cumulative impact of the sustained historically high level of initial weekly claims for unemployment insurance benefits which itself is reflective of overall damage to employers as well as virus surges, colder weather and the elimination of pretty much all benefits to job creation arising from the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), including the Payroll Protection Program (PPP) and the federal unemployment insurance benefit supplement, prior to the enactment of additional relief at the very end of 2020 (which had no impact on December results).
  • More workers in Low Quality jobs who were laid off during the peak crisis months, returning to their jobs starting in mid-year and through the fall, were again laid off in December. This will stall the JQI reversion back to its pre-pandemic, lower levels to the extent that those lower quality jobs continue to be lost over the winter; and
  • the JQI may rise or fall for a period of time to the extent that such large numbers of Low Quality Jobs have been substantially eliminated or restored (temporarily or otherwise), as offset by the significantly higher benchmark mean weekly income used in computing the index since the elimination of large numbers of Low Quality Jobs.

The mean weekly wage income of all P&NS jobs as of the current reading (which reflects the level as of November 2020) increased to 847.88, a change of 0.29% from its revised level the month prior. This reflects the continued absence (as a result of the pandemic) of the low-wage/low-hours positions that had grown substantially in number over the course of the past four years. The JQ-Instant™ preliminary read of the 95,000 loss in all private sector, non-farm payrolls for December 2020 shows that 100% of the losses in private sector jobs were in industry sectors offering P&NS jobs with an average weekly income below the mean weekly income of all P&NS jobs (i.e. «Low Quality Jobs»). This reading was due to a very substantial loss of jobs in the leisure and hospitality sector – particularly in the restaurant industry – and the dramatic increase in the average weekly income for all P&NS jobs resulting from the elimination of millions of Low Quality Jobs during the COVID19 crisis, causing several marginal sectors to fall below the new average weekly income measure. This distortion will ultimately sort itself out during the course of this year.

Dan Alpert, co-creator of the U.S. Private Sector Job Quality Index, said, «More workers in Low Quality jobs who were laid off during the peak crisis months, returning to their jobs starting in mid-year and through the fall, were again laid off in December.»

For an explanatory video on the JQI, please see: http://www.vimeo.com/jqi.

This news release presents data from the most recent JQI reading calculated through the month immediately prior to the month covered by this release. The JQI assesses job quality in the United States by measuring desirable higher-wage/higher-hour jobs versus lower-wage/lower-hour jobs. The JQI offers a near-real time analytical tool to policymakers, researchers and financial market participants with relevance to a variety of trends in the economy at large. The JQI analyzes a representative sample of the economy using production and non-supervisory job (P&NS) data from 180 different industry groups spanning across all 20 super-sectors into which the BLS groups establishments. The principal data utilized is contained in the Current Employment Survey (CES, also often referred to as the establishment survey) P&NS data on average weekly hours, average hourly wage and total employment for each given industry group (seasonally adjusted, in all cases). The JQI is updated on a monthly basis contemporaneously with the release of new CES data from the BLS.

The JQ-Instant reading is for the month covered by this release and has implications for the likely direction of the JQI itself in future months. As the JQI is reported as a three-month rolling average of actual monthly readings, significant imbalances (readings varying from an even distribution between high and low quality jobs) in the JQ-Instant results would suggest future JQI readings moving in the direction of the dominant side of such distribution.

The U.S. Private Sector Job Quality Index (patent pending) is a joint development of the Program on the Law and Regulation of Financial Institutions and Markets at the Jack G. Clarke Institute of Cornell Law School, the University of Missouri Kansas City Department of Economics, the Coalition for a Prosperous America, and the Global Institute for Sustainable Prosperity.

For more information, and to read the full report, visit https://www.jobqualityindex.com/.

©2020 JQI IP Holdings LLC. «Private Sector Job Quality Index» and «JQI» are registered trademarks of JQI IP Holdings LLC. The Private Sector Job Quality Index is patent pending, application number US 62/900,923. Cornell logo and Cornell Law School and Jack G. Clarke Program names and references used with permission.

Media Contact

Melissa Tallman, Coalition for a Prosperous America, 315.269.4205, melissa@prosperousamerica.org

 

SOURCE U.S. Private Sector Job Quality Index

Iowa’s Sports Betting Market Poised for Boom with Expiration of In-Person Registration, According to PlayIA.com

LAS VEGAS, Jan. 8, 2021 /PRNewswire/ — Iowa took a monumental step in its development as a sports betting industry on New Year’s Day with the expiration of the state’s in-person registration requirement to bet online, opening the door to exponential growth that should generate billions in annual wagers, according to analysts for PlayIA,…

LAS VEGAS, Jan. 8, 2021 /PRNewswire/ — Iowa took a monumental step in its development as a sports betting industry on New Year’s Day with the expiration of the state’s in-person registration requirement to bet online, opening the door to exponential growth that should generate billions in annual wagers, according to analysts for PlayIA, which tracks Iowa’s legal sports betting and gambling industries.

«The in-person registration requirement has unquestionably stunted the growth of Iowa’s online sports betting, which the main engine in every state where online sports betting is legal,» said Jessica Welman, analyst for PlayIA.com. «With the requirement in place, Iowa would have never reached its potential as a market. Letting the requirement expire is akin to correcting a mistake, and we expect Iowa to blossom because of that correction.»

PlayIA analysts projected in 2019 that within five years Iowa would grow into a market that generated more than $4 billion in bets annually, more than $300 million a year in operator revenue, and more than $20 million a year in state taxes.

But Iowa’s start has been muted by in-person-registration, which required that online bettors sign up in-person at a physical sportsbook. Since launching in August 2019, Iowa has generated a total $682.6 million in wagers and $53.4 million revenue, according to official statistics. That has produced $3.7 million in state taxes.

Illinois launched earlier this year with an in-person registration requirement and then suspended it over the summer. The effect on that market was immediate. With just one operator, Illinois grew wagers to $52.5 million in July 2020 from $8.3 million in June 2020 and saw an immediate influx of 230,000 mobile sports betting accounts in the days after the state lifted in-person registration requirements, all as a slew of new operators launched.

In the months since, Illinois has grown to the fourth largest market in the U.S., generating $434.4 million in wagers in October 2020 alone.

«Illinois showed just how much drag in-person registration puts on a market,» said Dustin Gouker, analyst for PlayIA.com. «It was an uneven, unsure start, but almost as soon as the registration requirement was suspended the market embarked on an expansion that has been the most rapid in U.S. history.»

In November, Iowa ranked No. 7 among states where sports betting is legal with a state record $87.2 million in wagers. That still significantly lagged No. 6 Colorado, which has about twice the population as Iowa but attracted $231.2 million in November bets.

Home to some of the best-known brands in online sports betting, operators’ interest in the Hawkeye State has already increased. BetMGM, one of the largest operators in the U.S., launched on Monday. And more could come soon.

«With a fair tax rate and strong regulatory framework, Iowa was already an attractive market for operators,» Welman said. «This was the missing piece. With the in-person registration requirement now gone, Iowa can truly reach its potential as a sports betting market.»

For more information and analysis on regulated sports betting in Iowa, visit PlayIA.com/news.

About the PlayUSA.com Network:

The PlayUSA.com Network and its state-focused branches is a leading source for news, analysis, and research related to the market for regulated online gaming in the U.S.

Contact:
Zack Hall, DVA Advertising & PR, 541-389-2411, 288749@email4pr.com 

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SOURCE PlayIA.com

Home Prices Up 13%, Pending Sales Rise 38%

SEATTLE, Jan. 8, 2021 /PRNewswire/ — (NASDAQ: RDFN) — The median home sale price increased 13% year over year to $319,000 during the 4-week period ending January 3, according to a new report from Redfin (<a target="_blank"…

SEATTLE, Jan. 8, 2021 /PRNewswire/ — (NASDAQ: RDFN) — The median home sale price increased 13% year over year to $319,000 during the 4-week period ending January 3, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage.

Below are other key housing market takeaways for 400+ U.S. metro areas during the 4-week period ending January 3.

  • Pending home sales were up 38% year over year.
  • New listings of homes for sale were up 7% from a year earlier—the smallest increase since July.
  • Active listings (the number of homes listed for sale at any point during the period) fell 32% from 2020 to a new all-time low.
  • 38% of homes that went under contract had an accepted offer within the first two weeks on the market, well above the 25% rate during the same period a year ago.
  • The average sale-to-list price ratio, which measures how close homes are selling to their asking prices, declined slightly to 99.3%—still 1.5 percentage points higher than a year earlier.
  • For the week ending January 3, the seasonally adjusted Redfin Homebuyer Demand Index—a measure of requests for home tours and other services from Redfin agents—was up 32% from pre-pandemic levels in January and February of 2020.
  • For the week ending January 7, 30-year mortgage rates fell to another new record low of 2.65%.

«The economy faces new challenges in the next few weeks, which are likely to see continued political instability and rising coronavirus cases,» said Redfin chief economist Daryl Fairweather. «Still, it’s unlikely that either will have a meaningful or long-term impact on homebuying demand, which, already extremely strong, is now bolstered by even lower mortgage rates. Migration and progressive economic policies will shape the housing market in the months to come. The recent migration of Americans to affordable places like Atlanta,  Phoenix and suburbs across the country has contributed to what will be a major change in fiscal and economic policy starting on January 20. While more government spending could lead to moderate mortgage-rate increases, it will also likely include programs to make homeownership affordable to more people.»

 

To view the full report, including charts and methodology, please visit: https://www.redfin.com/news/housing-market-prices-up-13/

About Redfin
Redfin (www.redfin.com) is a technology-powered residential real estate company, redefining real estate in the consumer’s favor in a commission-driven industry. We do this by integrating every step of the home buying and selling process and pairing our own agents with our own technology, creating a service that is faster, better and costs less. We offer brokerage, iBuying, mortgage, and title services, and we are the #1 nationwide brokerage website, offering a host of online tools to consumers, including the Redfin Estimate. We represent people buying and selling homes in over 90 markets in the United States and Canada. Since our launch in 2006, we have saved our customers over $800 million and we’ve helped them buy or sell more than 235,000 homes worth more than $115 billion.

For more information or to contact a local Redfin real estate agent, visit www.redfin.com. To learn about housing market trends and download data, visit the Redfin Data Center. To be added to Redfin’s press release distribution list, email press@redfin.com. To view Redfin’s press center, click here.

 

 

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SOURCE Redfin