With Mississippi as the highest and Vermont the third lowest, the TransUnion Credit Risk Index, a statistic developed to measure the changes in average consumer credit risk within various geographies, increased 1.98 percent from 124.79 in the fourth quarter of 2008 to 127.26 in the first quarter of 2009. On a year-over-year basis, the Credit Risk Index increased 7.10 percent (from 118.83 in the first quarter of 2008), the largest increase for that time period in this decade. The Credit Risk Index is defined as the weighted average probability of 90-day delinquency or worse among consumers in a given region relative to the nation as a whole.On a state basis, Mississippi ranks as the riskiest state in the nation with a Credit Risk Index of 166.45. It is followed closely by Texas (162.59), Nevada (158.97), South Carolina (158.76) and Louisiana (153.84). The least risky states include: North Dakota (82.02), Minnesota (88.53), Vermont (91.82), South Dakota (94.75) and Iowa (95.26).The states that experienced the largest quarterly changes included Nevada (4.25 percent increase), Arizona (4.06 percent increase) and California (3.98 percent increase). Though Louisiana’s Credit Risk Index is the fifth highest in the nation, it is the only state that experienced a drop on a quarterly basis of .03 percent. Arkansas experienced a minimal 0.01 percent gain while Vermont increased 0.52 percent.On a year-over-year basis, Arizona (14.82 percent increase), Nevada (14.38 percent) and California (13.82 percent) had the highest percentage increases. The three states with the lowest yearly percent increases included, Alaska (1.51 percent increase), Vermont (2.17 percent increase) and Kentucky (2.85 percent increase).”The Credit Risk Index is a true barometer of today’s economy, and the first quarter of 2009 indicates that the inherent level of credit risk within the U.S. is now 27.26 percent higher than the level reflected in TransUnion’s consumer credit database at the conclusion of 1998,” said Chet Wiermanski, global chief scientist at TransUnion. “Credit Risk Index data suggest that the growth in consumer credit risk has slowed during the past quarter, a positive note. However, the index remains at an all-time historical high, indicating that delinquencies and foreclosures will continue to rise in the coming months.””It is apparent that many of the states experiencing the highest increases in credit risk are the same when looking at the Credit Risk Index statistic on both a quarterly and yearly basis,” said Wiermanski. “This leads TransUnion to believe that consumers in these states will experience prolonged systemic difficulties in both in their ability to satisfactorily repay their existing credit obligations and in their ability to acquire new credit.”While an individual credit score can be quite powerful and accurate in predicting the probability of delinquency for an individual, the average credit score for a specific geography or customer segment does not accurately portray the level of risk existing within that footprint or segment to the same degree as TransUnion’s Credit Risk Index. This is because most credit scores are built on a non-linear scale, so averaging scores does not yield the correct measure of underlying probability of default. Credit Risk Index is a great instrument for gaining insight into the potential impact of external factors on the credit risk and rate of default within a given region, or for a given population segment, precisely because it accounts for the non-linearity of the underlying credit score,” continued Wiermanski.The Credit Risk Index uses the fourth quarter of 1998 as a baseline for comparison. Therefore it measures changes in consumer credit score distributions relative to the national distribution and delinquency rates as a whole at the end of 1998. This is considered by TransUnion as a representative year of credit performance within the usual dynamic of the historical credit cycle. A value of more than 100 represents a higher level of relative risk.TransUnion’s Credit Risk Index reflects the distribution of consumer credit risk as measured by TransUnion’s TransRisk Account Management Credit Risk Model and is a key metric within TransUnion’s Trend Data database. For comparison purposes, the Credit Risk Index in recent years has generally ranged between 110 and 120, experiencing a one- or two-point shift between quarters.TransUnion’s Trend Data databaseThe source of the underlying data used for this analysis is TransUnion’s Trend Data, a one-of-a-kind database consisting of 27 million anonymous consumer records randomly sampled every quarter from TransUnion’s national consumer credit database. Each record contains more than 200 credit variables that illustrate consumer credit usage and performance. Since 1992, TransUnion has been aggregating this information at the county, Metropolitan Statistical Area (MSA), state and national levels.www.transunion.com/trenddata(link is external)About TransUnionAs a global leader in credit and information management, TransUnion creates advantages for millions of people around the world by gathering, analyzing and delivering information. For businesses, TransUnion helps improve efficiency, manage risk, reduce costs and increase revenue by delivering comprehensive data and advanced analytics and decisioning. For consumers, TransUnion provides the tools, resources and education to help manage their credit health and achieve their financial goals. Through these and other efforts, TransUnion is working to build stronger economies worldwide. Founded in 1968 and headquartered in Chicago, TransUnion employs associates in more than 25 countries on five continents. www.transunion.com/business(link is external)Website: http://www.transunion.com(link is external) Source: TransUnion. CHICAGO, July 9, 2009 /PRNewswire/ —
Herald Sun 1 May 2017Family First Comment: Interesting survey from Australia“Better physical health was likely due to delaying putting children into childcare, which increases the “immediate likelihood of contracting infectious diseases”, the University of Melbourne study said. Reduced stress from having a secure income and less pressure to return to work may be behind the better mental health results.”… “Ten to 20 per cent of new mothers suffer depression in the first year of their baby’s life, and women who go back to work within six months have poorer mental health. Dr Hewitt said the study was likely to underestimate the total life benefits because it only focused on the first year after the policy started.”Taxpayer-funded maternity leave boosts the mental and physical health of new mothers, a study of more than 5000 Australian women has found. The introduction of the paid parental scheme of 18 weeks’ pay at minimum wage delivered significant benefits to all new mums in the first year of their baby’s life. Better physical health was likely due to delaying putting children into childcare, which increases the “immediate likelihood of contracting infectious diseases”, the University of Melbourne study said. Reduced stress from having a secure income and less pressure to return to work may be behind the better mental health results.Prior to the introduction of paid parental leave in 2011, women who worked continuously for the same employer got a period of unpaid leave for at least 12 months and the right to return to the same position. Less than half of mothers had access to paid leave from their company — usually those in the public sector or large organisations.The researchers surveyed mothers before and after the introduction of the scheme, finding small but significant improvements in their health 12 months after giving birth. “Overall, the study provides evidence that introducing paid maternity leave universally delivers health benefits to mothers,” lead author Dr Belinda Hewitt said. The World Health Organisation recommends all babies are breastfed for the first six months of their life.Writing in Social Science and Medicine, Dr Hewitt said social policies which alleviated family role stressors and pressures for women to return to work while breastfeeding could significantly improve maternal health and wellbeing. Ten to 20 per cent of new mothers suffer depression in the first year of their baby’s life, and women who go back to work within six months have poorer mental health. Dr Hewitt said the study was likely to underestimate the total life benefits because it only focused on the first year after the policy started.READ MORE: http://www.heraldsun.com.au/news/paid-parental-leave-is-good-for-mums-australian-study-shows/news-story/fe71d143dce74b6a9117ebdf2b1af662
23 Views no discussions Sharing is caring! NewsRegional Britain’s APD response ‘a slap in the face’ for Caribbean by: – December 7, 2011 Share St Kitts and Nevis Minister of Tourism and International Transportation Ricky Skerritt making a statement in the St Kitts and Nevis National assembly on Tuesday afternoon. (Photo by Erasmus Williams)BASSETERRE, St Kitts — The British government’s announcement on Tuesday that it will continue to discriminate against the Caribbean in relation to the banding aspect of the Air Passenger Duty (APD) system, has been described as “a slap in the face for all Caribbean people.”In a 26-page document published on Tuesday, the British government said that APD rates to Caribbean destinations will continue to be considerably higher than those to some competitor destinations. Furthermore, the fact that premium economy passengers will continue to be charged the same APD as first class passengers is a blow for those customers wanting to upgradeOver a period of three years, the Caribbean and its community in the UK have consistently sought to raise the issue of APD at all levels of the British government and with the UK parliament. St Kitts and Nevis Minister of Tourism Ricky Skerritt, chairman of the Caribbean Tourism Organisation (CTO) said: “Today’s announcement on the APD is a slap in the face for all Caribbean people. It dismisses all of the research and information CTO has provided to the British government over the past three years, and it contradicts the message sent by the UK Chancellor, George Osborne MP, in March 2011 when he cited the discrepancy between the USA and Caribbean APD rates as one of the reasons for holding a consultation on reform of UK APD. The Caribbean is the most tourism-dependent region of the world and the British government’s decision totally ignores the negative effect that APD is having on our economies and the Caribbean’s business partners in the UK travel industry.”“It is a slap in the face of Caribbean people because at no point in recent months has the Caribbean being led to believe that its concerns would not be addressed. As recently as the second week in November I sat face to face with a senior Minister in the United Kingdom Treasury who reassured me that the British government was sensitive to our concerns and would be announcing shortly a decision that would have addressed the issue of parity,” Skerritt continued.“I say it is a slap in the face because the UK government’s announcement in effect says it will continue to discriminate against the Caribbean. It says that APD rates to the Caribbean will be continue to be considerably higher than some competitor destinations,” he said.“It is slap in the face because the Caribbean is the most tourism dependent region in the world and the British government decision totally ignores the negative effect that it is having on our economy,” Skerritt added.Caribbean prime ministers, ministers of tourism, the Caribbean Tourism Organization, the Caribbean Hotel and Tourism Association and the Caribbean Diaspora in the UK, including the High Commissioners, have consistently raised the issue of Air Passenger Duty with the UK government and UK Parliament and the region’s concern about the negative effect that APD is having on the tourism dependent economies of the Caribbean and on the Caribbean community living in the United Kingdom.The region made a formal response to the Air Passenger Duty consultation in June. In summary this made clear that: • The Caribbean requires parity in banding with the US.• A move to a two band system would address the Caribbean’s requirement if this resulted in equal treatment of all long haul destinations. • No other option set out in the consultation addresses the concerns of the Caribbean.• APD has become a political issue with the Caribbean Diaspora in the UK. Skerrit said it is a matter that Caribbean governments would have to raise in the near future with the United Kingdom and hoped the issue would again be raised at the upcoming United Kingdom-Caribbean Forum in mid-January 2012 in Grenada.He said it is a time for the Caribbean to speak out and let the British Government know that we are not happy.“It is a time for Caribbean leaders at all levels to understand that this is about a serious economic matter and this matter will not go away just by wishing it away,” said Skerritt.By Caribbean News Now contributor Share Share Tweet
— Seven-time NASCAR champion Jimmie Johnson has twice tested negative for the coronavirus and will race Sunday at Kentucky Speedway. Johnson missed the first race of his Cup career when he tested positive last Friday. He was tested after his wife received a positive result. Hendrick Motorsports said Johnson tested negative on Monday and Tuesday and will return to the No. 48 Chevrolet at Kentucky. NASCAR confirmed Wednesday that Johnson has been cleared to return. Johnson’s streak of 663 consecutive starts — most among active drivers — was snapped when he didn’t race Sunday at Indianapolis Motor Speedway. Johnson is the only NASCAR driver to test positive for the coronavirus since the series resumed racing on May 17.— Cleveland Indians outfielder Franmil Reyes (FRAHN’-meel RAY’-uhs) has been cleared by the team’s medical staff to return to the field after being isolated for attending a party over the July Fourth weekend. The team kept Reyes away from Progressive Field as a precaution after he attended a holiday gathering without wearing a mask. The Indians learned of Reyes’ off-field actions from social media. Manager Terry Francona says Reyes was re-tested for the coronavirus and may now participate in training camp. Also, Indians outfielder Delino DeShields (deh-LY’-noh deh-SHEELDZ’) Jr., who tested positive for COVID-19, is traveling to Cleveland after he had one negative test. — The Chicago White Sox are giving fans the opportunity to purchase cardboard cutouts of themselves that will be displayed at Guaranteed Rate Field during the team’s season-opening homestand. The cutouts cost $49 and will be available while supplies last. Proceeds will benefit the team’s charitable arm. The White Sox open with a three-game series against the Minnesota Twins starting on July 24.— Milwaukee Bucks general manager Jon Horst says the group that travels to Florida on Thursday for the resumption of the NBA season at Walt Disney World likely won’t include the team’s entire 35-person traveling party. The Bucks closed their practice facility in Milwaukee after receiving results of their Friday coronavirus testing. Horst won’t say whether a positive test came from a Bucks player or another member of the traveling party. The Bucks owned a league-leading 53-12 record when play was halted in mid-March due to the pandemic. They return to action July 31 against the Celtics.— As U.S. team sports prepare to resume, journalists are facing the same issues that their colleagues who cover politics and entertainment have encountered: coming up with new approaches to coverage with reduced access. Professional leagues closed media access to locker rooms and clubhouses in early March. When the games restart, that access is not going to return. Major League Baseball and the NBA will make managers and players available only via telephone or Zoom. — The Baltimore Ravens have informed season ticket holders that their seats will not be available this year. The team says season ticket holders will be offered the same seats in 2021, and money already spent for this season can be used for next year or refunded upon request. Because of the coronavirus pandemic, NFL games this season are expected to be held without fans or in front of a greatly reduced audience. If fans are permitted to attend, seats would be sold on a game-by-game basis with season ticket holders getting the first chance to buy in advance of any public sale.— Northwestern’s football game against Wisconsin scheduled for Nov. 7 at Wrigley Field in Chicago is being moved to Ryan Field because of uncertainties due to the COVID-19 pandemic. Northwestern announced the decision Wednesday after consulting with the Chicago Cubs, state and local authorities and the Big Ten Conference. Athletic director Jim Phillips cited the possibility of a limited crowd at the famed ballpark even if fans were allowed. — Stanford is dropping 11 sports amid financial difficulties caused by the coronavirus pandemic. The school announced it will discontinue men’s and women’s fencing, field hockey, lightweight rowing, men’s rowing, co-ed and women’s sailing, squash, synchronized swimming, men’s volleyball and wrestling after the 2020-21 academic year. Stanford also is eliminating 20 support staff positions. Stanford projected a deficit of more than $25 million in the 2021 fiscal year and a shortfall of nearly $70 million over the next three years due to the pandemic. The school estimated the cost of sustaining the 11 sports permanently would exceed $200 million. — Associated Press research finds that four-year U.S. colleges have eliminated 171 sports programs because of budget problems blamed on the coronavirus outbreak. About 30 percent of those are in Division I, with Stanford being the only one from a Power Five conference.— In a track and field season almost entirely wiped out by the coronavirus pandemic, athletes and organizers are setting new marks in creativity. On Thursday, the storied Weltklasse meet will broadcast near-live from Zurich in an ambitious mix of social distancing and technological innovation. Only a few of the 30 athletes that will share the $200,000 prize fund on an eight-event program will actually be in the city’s Letzigrund Stadium. Others will start and compete simultaneously, three athletes or teams per event, in one of six empty stadiums scattered across Europe and the United States. Olympic sprint champion Allyson Felix will race in California, while world 200-meter champion Noah Lyles and Olympic triple jump gold medalist Christian Taylor will be in Florida. Associated Press Update on the latest sports TENNIS-SODERLING-MENTAL HEALTH2-time French Open finalist Soderling talks of mental healthSTOCKHOLM, Sweden (AP) — Two-time French Open finalist Robin Soderling (SAH’-dur-ling) has written about his mental health in a social media post and revealed that he suffered from anxiety and panic attacks after playing professional tennis.Soderling, who was the first man to beat Rafael Nadal at Roland Garros in 2009, wrote on Instagram on Tuesday that he wasn’t given the right information to handle pressure on and off the court. He says mental health is crucial for tennis players. Soderling last match on tour was a win in the Swedish Open final. He says he feels good again and “maybe even better than before.” BRITISH SPRINTER-POLICELondon police apologize to sprinter for ‘distress’ in searchLONDON (AP) — London police have apologized to British sprinter Bianca Williams after officers stopped and searched her car over the weekend. Metropolitan Police Commissioner Cressida Dick has told the British parliament that police apologized for “the distress it has clearly caused her.” Dick says reviews of the evidence found no apparent misconduct during the search but that the Metropolitan Police had voluntarily referred itself for review by the Independent Office for Police Conduct. Williams and Ricardo dos Santos, a Portuguese sprinter, are both Black and were stopped in their Mercedes on Saturday afternoon while traveling with their 3-month-old son. Williams accused London police of racial profiling. Both Williams and dos Santos were handcuffed during the search. Share This StoryFacebookTwitteremailPrintLinkedinRedditVIRUS OUTBREAK-SPORTSRyder Cup postponed until next year at Whistling StraitsUNDATED (AP) — With no guarantee of fans, there won’t be a Ryder Cup this year. The PGA of America says the Ryder Cup at Whistling Straits in Wisconsin has been pushed back to 2021 because of the COVID-19 pandemic. The French manufacturer said in a statement Wednesday that the 38-year-old Alonso will replace Daniel Ricciardo (rih-KAHR’-doh), who is joining McLaren next year.Renault, which struggled in F1 last season, did not say how many seasons Alonso has signed for. He won both of his world titles with Renault in 2005 and ’06. He quit McLaren and F1 at the end of 2018 to focus on winning motorsport’s triple crown.Having already won the Monaco Grand Prix, he then won the 24 Hours of Le Mans endurance race but not the Indianapolis 500.Alonso won 32 F1 races and is widely considered one of the most talented drivers of his era alongside six-time F1 champion Lewis Hamilton.AUSTRALIA-PULLIN DEATH The last time the PGA Tour had back-to-back tournaments on the same golf course was in 1957, five years before Nicklaus turned pro. The All American Open and the World Championship of Golf were played at Tam O’Shanter in Illinois. Workday is a one-time event replacing the canceled John Deere Classic.F1-RENAULT-ALONSOFernando Alonso returning to F1 next season with RenaultSPIELBERG, Austria (AP) — Fernando Alonso will return to Formula One next season with the Renault team. July 8, 2020 PGA-WORKDAY OPENHow to make 1 golf course look like 2 different tournamentsDUBLIN, Ohio (AP) — Muirfield Village is gearing up for the first doubleheader on the PGA Tour in 63 years. A new tournament called the Workday Charity Open starts Thursday on the course Jack Nicklaus built. And then it’s onto the Memorial, the tournament Nicklaus created. The goal for tour officials is to protect the condition of the course from 157 players this week and 120 players next week. They also want to try to present a different test. That means slower greens, different tees and rough that isn’t quite as high this week. The PGA Tour still hasn’t allowed spectators at its events, and no other golf tournament is dependent on partisan cheering like the Ryder Cup. After working with the PGA Tour and its Presidents Cup, the decision was reached to move the Ryder Cup to Sept. 24-26 in 2021. That means the Presidents Cup will return to even-numbered years starting in 2022 at Quail Hollow in North Carolina.The Ryder Cup had been scheduled for Sept. 25-27 at Whistling Straits, one week after the U.S. Open.It’s the second time in the last two decades the Ryder Cup was postponed. It was moved off the odd-numbered years in 2001 because of the Sept. 11 terrorist attacks.In other developments related to the COVID-19 pandemic:— NASCAR will move its August road course race from Watkins Glen in upstate New York because of state health restrictions, and the event will shift instead to the road course at Daytona International Speedway. The move means the Cup Series will make its debut on Daytona’s road course, which is used by the IMSA sports car series and incorporates part of the famed 2.5-mile oval. The race on Aug. 16 was necessary to move from Watkins Glen because NASCAR cannot meet New York’s quarantine requirements for out-of-state visitors. Snowboard world champion Pullin drowns in diving mishapGOLD COAST, Australia (AP) — Two-time world snowboard champion and Winter Olympian Alex Pullin drowned Wednesday while spearfishing on Australia’s Gold Coast.A police spokesperson said a 32-year-old man, later identified as Pullin, was unresponsive when taken from the water and died despite receiving CPR from lifeguards and emergency treatment from paramedics. Pullin had been diving on an artificial reef when he was found by a snorkeler.Pullin, known by the nickname Chumpy, won gold medals in the snowboard cross event at the 2011 La Molina and 2013 Stoneham world championships. He was Australia’s flag bearer at the 2014 Sochi Winter Olympics.OBIT-MIKE MORAN Ex-USOC spokesman Mike Moran dead at 78 after short illnessCOLORADO SPRINGS, Colorado (AP) — Former US Olympic Committee spokesman Mike Moran died Tuesday after a short illness at age 78, according to the University of Colorado.Moran served as the Buffaloes’ sports information director for 11 years before his stint as chief communications officer and principal spokesman for the USOC from 1978-2003. He spent the last 17 years as senior media consultant for the Colorado Springs Sports Corporation as well as serving as a keynote speaker and emcee for numerous sports events.In 2002, Moran received the USOC’s highest honor, the General Douglas MacArthur Award, and was inducted into the College Sports Information Director’s Hall of Fame. Williams was a sprint relay gold medalist at the 2018 Commonwealth Games and 2018 European Championships.