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Hot job opportunities for a cooler future
Technical jobs that pay well are hot in today's market. Science fiction is filled with storylines about robots taking over. It's already happening in manufacturing, but humans shouldn't worry. Courier-Journal
Submitted 15 minutes ago

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These U.S. Jobs Will See The Biggest Raises Next Year
Even as the landscape for wages looks bleak, at least one rung of the compensation ladder is doing just fine. And 2016 may be even better. White-collar workers will get the biggest pay boost in eight years as employers compete for the best and brightest in America, according to staffing firm Robert Half. Bloomberg
Submitted 20 minutes ago

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10 Cities Where Foreclosures Still Haunt The Housing Market
Foreclosures aren't as big a part of the housing market as they were just after the recession, but they're still a huge portion of homes sold across the U.S. The Street
Submitted 22 minutes ago

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Texas Two-Steps All Over Voting Rights
In 1965, Congress passed the Voting Rights Act, one of the most important pieces of legislation in U.S. history. It contained key protections for minority voters, especially blacks, who had been effectively disenfranchised in the South. The act was a remarkable success, increasing minority voter registration and turnout rates within a few years. In 1982, an important amendment made it much easier for minority voters to elect candidates of their choice. Slate
Submitted 23 minutes ago

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Oil crash is killing more American jobs
Big Oil is handing out more pink slips as it grapples with a world of cheap oil. ConocoPhillips (COP), one of America's largest energy companies, disclosed plans on Tuesday to cut about 1,800 jobs. The biggest chunk of layoffs will take place in North America, including more than 500 just in Houston. CNN
Submitted 25 minutes ago

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OUT to LUNCH
The Randle Report is breaking for lunch and making way for a new editor shift. Click on the headline above to access Southern Business & Development's Web site for more detailed information on economic development in the South. Posts will resume at 1:30 pm CDT.
Submitted 1 hour ago

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VIDEO: POLITICO Playback


Politico
Submitted 1 hour ago

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History of U.S. August job growth revisions could muddy Fed rate hike calculus
The U.S. government has initially underestimated job growth for almost every August over the last decade, a trend that could make it harder for the Federal Reserve to decide if an upcoming employment report will signal America is ready for a rate hike. The Fed said in July it needs to see "some" further improvement in the labor market before raising rates. The Labor Department's jobs report for August, which will be released on Friday, will be the last monthly employment report before the Fed's Sept. 16-17 policy review. Reuters
Submitted 1 hour ago

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Does Friday's job report really hold the answers?
"Most important jobs report ever" screams the crawl as it slides across the business channel TV screen also filled with flashing red stock quotes that reflect billions of dollars in losses for the day. Indeed, Friday morning's jobs report, which will have the August employment data including the latest jobless rate, is being widely reported as playing a key role in the interest rate decision the Federal Reserve will make at its next meeting Sept. 16 and 17. CBS News
Submitted 1 hour ago

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ADP: Businesses added 190,000 jobs in August


USA Today
Submitted 1 hour ago

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Features & Opinion

 Top Ten Places in the South for Relocating California Companies

Urban areas have all kinds of assets that are easy to spot. They have the population, so the labor shed is not usually an issue. Urban areas are also connected by better roads, rail and air service and many have river and deep water ports. Usually Internet access and other forms of communication are more efficient in urban areas. And you have a larger array of quality of life options to choose from, such as the cultural assets found in metropolitan areas.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
The belief that "80 percent of all new jobs come from existing business and industry" is an out-of-date, old-fashioned fabrication. I have no idea how it started, where it started, or who said it first, but there are professionals in economic development as well as leaders of government in the South who actually believe that each year, 80 percent (why 80 percent I don't know, either) of all new jobs are created by existing business and industry. I hear it all the time and I just roll my eyes. There is nothing static in economic development but this: 100 percent of all lost jobs come from existing business and industry. That, and of course 100 percent of the time site consultants never pay for a meal.
 

 Business News in the South - Randle Report

FEATURE     
After I finished the cover story for this issue, I read an interesting article by economist Paul Krugman, the op-ed columnist for the New York Times, titled, "Partying like it’s 1995." Generally I side with Krugman, even though I am a journalist, not an economist. Occasionally, though, I read some of his stuff and ask myself, "What planet did Krugman come from?" Like when he predicted a shift of automotive assembly to Canada after Toyota announced a new plant in Woodstock, Ontario in 2005 because of "free healthcare," among other benefits. That Toyota deal was the last major automotive assembly plant announced in Canada and I predict it will be the very last one for the Canadians.
 
 Nashville Mayour Karl Dean
If you have ever seen one of my presentations, then you know about the word "reshoring" and how that phenomenon has lifted the spirits of even the most skeptical Southerners regarding the future of the region's economy. After all, in the last four decades, manufacturing has suffered a bloodletting never before seen in U.S. history. The biggest factor behind the slow and long meltdown that began in the 1990s was the herd mentality to offshore manufacturing capacity to cheaper locales, primarily by U.S.-owned companies.
 


 

 

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