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HEAT SIPHON News - April 2019

Over 870,000 More Job Openings than Job Seekers!!

 

New TimerStat Pro Status LED Enlightens Owners / Serviceman

Latrobe, PA - April 1, 2019

The NEW Analog "C" Series Heat Siphon's began shipping last year with our new TimerStat Pro Controller that adds a sophisticated status LED light while keeping our economical original "Set It & Forget It!" single knob design.

The LED can display red green & orange to let you know the status of your Heat Siphon at a glance, including - POWER, NO FLOW, HEATING, HI/LOW Pressure Error, Reset Breaker Error & Call Factory for Servuce.

When flashing the LED signifies various conditions such as checking flow, restart delay, heating pool, SEE ABOVE - animation for demonstration.

The TimerStat Pro will mount in the same door as the digital Player Models.

This allows a direct replacement upgrade to Digital without any wiring or harness changes other than a simple jumper. Just remove the door unscrew the plug and replace it with a digital Player door assembly.

"This is a MAJOR improvement which required some changes to the software of the controller, and the minimal cost of adding an LED to the board. The NEW SMART USER FRIENDLY Timerstat Pro will not impact the price of our analog models" says Bill Bernardi, President.

7.1 Million US Job Openings as of March 1

By Eric Morath WSJ April 9, 2019

There were a seasonally adjusted 7.09 million unfilled jobs on the last business day of February, the Labor Department said Tuesday.

iCIMS, which separately tracks job opening figures, sees a healthy rebound in available positions in March. The smaller number of openings, down 500,000 year over year, came during a month when hiring slowed to a crawl.

U.S. employers added 33,000 jobs to payrolls in February, revised data released last week showed, while employers added a solid 196,000 jobs to payrolls in March.

February’s weakness may have reflected bad weather in parts of the country, slowing hiring and recruitment activities in some sectors, and a cooling after robust gains in both jobs and openings the prior month.

Openings declined in construction, local schools and leisure and hospitality, three categories that can be impacted by weather and temporary closures. Manufacturing openings also declined.

Openings increased in professional and business services and held steady in health care.

There were 7.625 million job openings in January, revised data in a Tuesday report showed. That was just 1,000 fewer openings than November, the peak for available jobs on records back to 2000.

Despite February’s decline, jobs remain plentiful compared with the number of Americans who are unemployed but actively seeking work.

There were 876,000 more available jobs than unemployed people. Such a gap has occurred for 12 straight months, but never previously in nearly two decades of monthly records. The report showed the rate at which workers quit their jobs held steady at 2.3% for the ninth straight month—the longest the rate has ever held at the same figure.

That is a historically high rate, just below a record set in early 2001, but some economists have expected quits—a proxy of workers’ confidence in the job market—to move higher with the unemployment rate trending near 49-year lows.

Better Days are On The Way!

Jobless Claims
Hit 50 Year Low

By Sharon Nunn & Paul Kiernan-WSJ

The number of Americans filing applications for new unemployment benefits fell last week to the lowest level in nearly five decades.

Initial jobless claims, a proxy for layoffs across the U.S., declined by 8,000 to a seasonally adjusted 196,000 in the week ended April 6, the Labor Department said Thursday.

This is the lowest level since the beginning of October in 1969. The labor market and population were much smaller then. Economists surveyed by The Wall Street Journal expected 210,000 new claims last week.

The four-week moving average of claims fell to 207,000, also the lowest level since 1969.

After a blockbuster 2018, the U.S. labor market showed signs of cooling earlier this year. Jobless claims rose steadily between September and late January, when they reached 244,000, while jobs growth data softened in February.

Since then, however, the data on claims and hiring have firmed.

More broadly, the labor market has been tight, making it difficult for managers to find and keep qualified workers.

This has led to faster wage growth for employees.

89 & Still Swimming
A True Inspiration!!

A recent article in the Wall Street Journal highlights Gail Roper, one of the most decorated Masters swimmers of all time, with more than 325 records. In 1952 she was the U.S. national champion in the breast stroke.

Now 89 year old, She still swims 3 times a week in the Parkpoint Health Club pool in Healdsburg, Calif.

Her daily exercise routine includes 20 situps, 20 pushups, 200 revolutions on her stationary bike and 100 steps on her stair stepper.

"She starts her day with a cup of Nespresso coffee, granola and fruit & sometimes yogurt. Snacking on walnuts, almonds and dried fruit. Lunch is her main meal. Dinner - a bowl of cereal or chicken curry with rice, but always a small portion.

She is a true inspiration!!

"We Perform to
KEEP YOU WARM!"®

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HEAT SIPHON OWNER SERVICE: service@heatsiphon.com

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