Gingival recession

PandoLogic Labor Insights Report Reveals What’s Changed in the Job Market, Identifies Key Indicators for 2023

Retrieved on: 
Jeudi, février 9, 2023

PandoLogic’s latest research helps talent acquisition and HR professionals make sense of the changes experienced in the second half of 2022.

Key Points: 
  • PandoLogic’s latest research helps talent acquisition and HR professionals make sense of the changes experienced in the second half of 2022.
  • Despite high-profile layoffs, employment in the tech industry continued to grow in late 2022, albeit at a slower rate.
  • Though there are signs of cooling, the labor market continues to remain tight into the new year."
  • Terry Baker, president and CEO of PandoLogic, stated, “Since introducing our Labor Market Insights Report last year, it’s clear that the market has shifted dramatically.

FirstBank Ends 2022 Well Positioned to Navigate Industry Challenges

Retrieved on: 
Mardi, février 7, 2023

At the end of December 2022, FirstBank reported the following year-over-year results:

Key Points: 
  • At the end of December 2022, FirstBank reported the following year-over-year results:
    “Despite slight decreases year-over-year, 2022 represented the second best year for net income in FirstBank’s 60 year history with $285.7 million.
  • Asset and credit quality also remains strong and delinquencies low,” said Jim Reuter, CEO of FirstBank.
  • While the outlook for 2023 appears uncertain, we’ve analyzed multiple financial scenarios to ensure FirstBank is well positioned into the future.
  • Ritter’s extensive commercial real estate and entrepreneurial background will be valuable as FirstBank continues to grow its business products and services.

Lake City Bank Promotes Donald J. Robinson-Gay to Chief Credit Officer

Retrieved on: 
Mardi, janvier 17, 2023

WARSAW, Ind., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Lake City Bank is pleased to announce that it has promoted Senior Vice President Donald J. Robinson-Gay to Senior Vice President, Chief Credit Officer.

Key Points: 
  • WARSAW, Ind., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Lake City Bank is pleased to announce that it has promoted Senior Vice President Donald J. Robinson-Gay to Senior Vice President, Chief Credit Officer.
  • We are confident that Don will continue our disciplined credit culture moving forward.”
    Robinson-Gay joined Lake City Bank as Vice President and Regional Credit Officer in 2018 with responsibility for the bank’s Fort Wayne and Warsaw markets.
  • He played a critical role in developing the credit culture that has made Lake City Bank successful.
  • Lake City Bank, a $6.3 billion bank headquartered in Warsaw, Indiana, is the sixth largest bank headquartered in the state, and the largest bank 100% invested in Indiana.

Pharmacists Urge Passing of Fee-for-Service Amid National Pharmacists’ Day

Retrieved on: 
Jeudi, janvier 12, 2023

The largest pharmacy association in the state, the Pharmacists Society of the State of New York (PSSNY), united its members this week in recognition of National Pharmacists’ Day on Jan. 12.

Key Points: 
  • The largest pharmacy association in the state, the Pharmacists Society of the State of New York (PSSNY), united its members this week in recognition of National Pharmacists’ Day on Jan. 12.
  • Fee-for-service, which was passed by the state legislature in 2020 but was subsequently delayed for two years, is scheduled for implementation on April 1, 2023.
  • This move ensures transparency in New York Medicaid’s pharmacy benefit and guarantees patient access to pharmacies of their choice.
  • “Fee-for-service is crucial not only to our pharmacists’ practice and livelihood, but also for patient choice and access,” said Deanna Ennello-Butler, executive director of PSSNY.

U.S. FORECLOSURE ACTIVITY DOUBLES ANNUALLY BUT STILL BELOW PRE-PANDEMIC LEVELS

Retrieved on: 
Jeudi, janvier 12, 2023

IRVINE, Calif., Jan. 12, 2023 /PRNewswire/ -- ATTOM, a leading curator of real estate data nationwide for land and property data, today released its Year-End 2022 U.S. Foreclosure Market Report, which shows foreclosure filings— default notices, scheduled auctions and bank repossessions — were reported on 324,237 U.S. properties in 2022, up 115 percent from 2021 but down 34 percent from 2019, before the pandemic shook up the market. Foreclosure filings in 2022 were also down 89 percent from a peak of nearly 2.9 million in 2010.

Key Points: 
  • Foreclosure filings in 2022 were also down 89 percent from a peak of nearly 2.9 million in 2010.
  • "Unlike foreclosure activity during the Great Recession, the majority of homes in foreclosure are not being repossessed by lenders," Sharga noted.
  • Those metropolitan statistical areas with a population greater than 1 million that saw the greatest number of foreclosure starts in 2022, included New York, New York (15,821 foreclosure starts); Chicago, Illinois (14,360 foreclosure starts); Los Angeles, California (8,185 foreclosure starts); Philadelphia, Pennsylvania (7,286 foreclosure starts); and Miami, Florida (7,090 foreclosure starts).
  • Some foreclosure filings entered into the database during the quarter may have been recorded in the previous quarter.

M & A Firm Woodbridge International Beats Industry Expectations with Record 32 Closed Deals in 2022

Retrieved on: 
Mardi, janvier 10, 2023

Three deals were closed in December alone, contrasting theories that the market would be on hold until after the New Year.

Key Points: 
  • Three deals were closed in December alone, contrasting theories that the market would be on hold until after the New Year.
  • Robert Koenig, Woodbridge International founder, and CEO states that “Despite the slowdown in the large-deal segment of the M&A market, we live in the lower middle market; transactions in the $5 million to $100 million range.
  • Rather Woodbridge International analysts point to businesses with solid operating processes that consistently perform well in up as well as down markets are primed for sale.
  • Celebrating 30 years of success, Woodbridge International’s ground-breaking approach to marketing a company globally has transformed the way the sell-side M&A industry does business.

Biased Algorithms May Fire You in the Next Recession

Retrieved on: 
Lundi, janvier 9, 2023

Companies are using software and algorithms to make critical business decisions in anticipation of a 2023 recession, according to Capterra’s HR Tech Recession Planning Survey of 300 HR leaders.

Key Points: 
  • Companies are using software and algorithms to make critical business decisions in anticipation of a 2023 recession, according to Capterra’s HR Tech Recession Planning Survey of 300 HR leaders.
  • The survey also revealed that 72% say their employer has already started preparing for a possible recession, while 24% plan to start preparing soon.
  • HR software was still in its infancy during the Great Recession (2007-2009), which is why 2023 labor decisions will be more data-driven than ever before.
  • Algorithms aren’t able to take all of this into account yet, resulting in biased recommendations with potential legal consequences.

Cox Automotive Forecast: U.S. Auto Sales Expected to Finish 2022 Down 8% Year Over Year, as General Motors Reclaims Top Spot, Honda and Nissan Fall Significantly

Retrieved on: 
Mercredi, décembre 28, 2022

General Motors is forecast to reclaim its title from Toyota Motor Company as the top seller in the U.S. market.

Key Points: 
  • General Motors is forecast to reclaim its title from Toyota Motor Company as the top seller in the U.S. market.
  • Sales volume in December is expected to rise by nearly 11% compared to last month, mostly due to two additional selling days in December.
  • The December 2022 auto sales pace, or seasonally adjusted annual rate (SAAR), however, is expected to finish near 13.2 million, a large decline from November's 14.1 million pace.
  • In what started as a year with a supply problem, 2022 is ending with a demand problem, according to Cox Automotive.

HOME AFFORDABILITY WORSENS ACROSS U.S. DURING FOURTH QUARTER OF 2022 DESPITE DECLINING HOME PRICES

Retrieved on: 
Jeudi, décembre 22, 2022

IRVINE, Calif., Dec. 22, 2022 /PRNewswire/ -- ATTOM, a leading curator of real estate data nationwide for land and property data, today released its fourth-quarter 2022 U.S. Home Affordability Report showing that median-priced single-family homes and condos are less affordable in the fourth quarter of 2022 compared to historical averages in 99 percent of counties across the nation with enough data to analyze - far above the 68 percent of counties that were less affordable in the fourth quarter of 2021.

Key Points: 
  • Compared to historical levels, median home prices in 577 of the 581 counties analyzed in the fourth quarter of 2022 are less affordable than in the past.
  • The latest number is up slightly from 572 of the same group of counties in the third quarter of 2022.
  • Among the 581 counties analyzed, 99 percent are less affordable in the fourth quarter of 2022 than their historic affordability averages.
  • For example, the nationwide median home price of $325,000 in the fourth quarter of 2022 requires an annual wage of $80,142.

Nearly 1 in 3 Americans Say Their Financial Situation Worsened Over the Last Year

Retrieved on: 
Mercredi, décembre 14, 2022

Nearly one in three Americans (29%) say their financial situation is worse now than a year ago.

Key Points: 
  • Nearly one in three Americans (29%) say their financial situation is worse now than a year ago.
  • At the same time, respondents who say their financial situation is better than a year ago slightly decreased to 19% in 2022 from 22% in 2021.
  • In 2023, an increasing number say they expect their financial situation to get worse (currently 18% up from 12% last year).
  • Gen Xers (34%) are more likely than boomers (31%) or millennials (21%) to say their financial situation worsened over the last year.