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8 job killing companies
The pink sheets have been flying at Barclays (BCS) ever since the financial crisis. CNN
Submitted 1 years 345 days ago

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The Most Blah Governors In The United States
How many governors can you name off the top of your head? There are probably fewer than 10 that most politically plugged-in people can rattle off — Walker, Cuomo, Christie and Perry, for example — and then a second tier of people you hear about occasionally — Hickenlooper and Martinez types — but eventually you get to a level where most people have absolutely no idea who these governors are. Fivethirtyeight.com
Submitted 1 years 345 days ago

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Democratic Senators Shouldn’t Count On Money To Save Them In November
Democrats are banking on their incumbents’ fundraising prowess to help hold the majority in the Senate this fall. Sens. Kay Hagan in North Carolina and Mark Begich in Alaska, for example, lead their opponents in fundraising and are no doubt hoping that advantage will help them squeak out wins in competitive races. But if history is any guide, raising the most money can be a poor indicator of re-election success. Fivethirtyeight.com
Submitted 1 years 345 days ago

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Teen job market is the best in 6 years
Young people across America are having a much better time getting some sort of employment than they have had at any point since the recession. CNN
Submitted 1 years 345 days ago

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Democrats Increasingly Backing Oil and Gas Industry
When House Republicans took up a measure to speed the government's reviews of applications to export natural gas, a move long sought by energy companies, the unexpected happened: The bill won "yes" votes from 47 Democrats. The bill's sponsor, Rep. Cory Gardner (R., Colo.), anticipated some Democratic backing, but not that much. Rep. Steve Israel of New York, who leads the Democrats' House campaign arm, was a yes, as was House Minority Whip Steny Hoyer of Maryland. Both voted in 2012 to restrict oil and gas exports. Wall Street Journal
Submitted 1 years 345 days ago

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MORE THAN HALF OF NATION'S GAS AND OIL GROWTH IN TEXAS AND OKLAHOMA
HOUSTON, Texas -- Fresh data shows that half of the nation's growth in oil and gas drilling over the last year took place in Texas and Oklahoma. Texas--which produces more than 3 million barrels of crude oil each day--has become a mammoth in the gas and oil industry on the international level. If the state were a country, it would be home to 26 drilling rigs on the planet. Breitbart.com
Submitted 1 years 345 days ago

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America's worker shortage: One million and counting
America has a deficit of workers. Willing workers. Capable workers. Skilled, or at least semi-skilled workers, who can do a job and do it well. There are at least one million jobs that go begging day after day if only employers could find workers to fill them. Fox News
Submitted 1 years 345 days ago

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Yallywood vs. Hollywood: The battle for TV and film production
California is looking for ways to prevent filming from moving outside of Hollywood and into places like Atlanta. Atlanta Business Chronicle
Submitted 1 years 345 days ago

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Enor Corp. to establish toy manufacturing plant in Fairfield Co.,SC create 151 jobs
COLUMBIA, S.C. - Governor Nikki Haley was joined today by executives from Enor Corp. and local officials at an economic development event to announce that Enor, a family-owned manufacturer of plastic toys, outdoor games and junior sports items, is establishing a new manufacturing facility in Fairfield County to supply U.S.-made toys to Walmart stores. The multi-million-dollar investment is expected to create 151 jobs in the area. SC Commerce
Submitted 1 years 345 days ago

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New Jobs After the Recession Pay 23% Less
Jobs growth in the U.S. since the 2008 recession has been undermined by lower wages, with workers earning an average 23 percent less than earnings from jobs which were lost, a report by an organization representing U.S. cities said on Monday. Newsweek
Submitted 1 years 345 days ago

 

 

 

Features & Opinion

 Randle Report - Business News in the South

For those who still languish over "losing to China" or believe that the economy is still in recession, wake up and smell the data. Economic development in the South was about as good as it gets in calendar year 2015 according to the data. And as for China, borrowing a quote from the late football coach Bear Bryant that he made in the half-time locker room down 15-0 to Georgia Tech in 1960, "We got 'em right where we want 'em." For those of you who don't know the rich history of Alabama Crimson Tide football, Bama scored all of its 16 points in the fourth quarter, kicking a field goal on the last play of the game to beat Tech 16-15.
 

 Randle Report - Business News in the South

 FEATURE  
By Mike Randle
Today, factories in the U.S. make twice as much product as they did in 1984. And they are doing it with one-third of the manufacturing workforce. In fact, the output of durable goods in 2015 was the highest in the nation's history. So, we do have a strong manufacturing base, at least in the South, much of the Midwest and parts of the West, and it is getting stronger because on a cost-basis, we can compete with any major manufacturing nation in the world.  
 

 Randle Report - Business News in the South

FEATURE     
The argument for or against a minimum wage hike continues between the reds and the blues, as well as within the economic development community in the South. Should we stay the course with a minimum wage under $8 an hour to better compete with Mexico, the South's biggest competitor for jobs, or set a minimum wage just over $10 an hour, a wage floor most centrists support? That $10 per hour is, according to the MIT Living Wage Calculator, about right in most states in the South for one adult to be able to cover basic expenses plus all relevant taxes.
 
 Randle Report - Business News in the South
Recent data from the Computing Technology Industry Association (Comp TIA) showed that the technology industry is one of the fastest growing job generators in the South and the nation. The report also indicated that technology job compensation is growing faster than any other sector.
 


 

 

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