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January unemployment rates down in 43 states
Unemployment rates fell in 43 states and the District of Columbia in January, reflecting a drop in the national jobless rate despite bad weather that may have held down job gains. USA Today
Submitted 2 years 106 days ago

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Virginia unemployment falls to 5 percent
Virginia’s seasonally adjusted jobless rate fell 0.2 percent in January to 5 percent. That is the lowest level of unemployment that the commonwealth has seen since November 2008 when the rate stood at 4.9 percent. Virginia Business
Submitted 2 years 106 days ago

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Anniston business expansion to create 359 jobs
An Anniston business expansion announced in January will create 359 jobs, at least 150 more than previously expected, officials learned Monday. Anniston Star
Submitted 2 years 106 days ago

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New bulk warehouse construction in Nashville market may slow down
After leasing out 2.5 million square feet of warehouse space and selling its Nashville portfolio in two deals worth $80 million last year, Panattoni Development Co. is gearing up to build again with grading to start soon on a site it just purchased in La Vergne. The Tennessean
Submitted 2 years 106 days ago

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The last decade was a historically awful time to enter the job market
The recession wreaked particular havoc on opposite ends of the labor market: on the young and unemployed marooned in their parents' homes for lack of work, and on the (relatively) old and experienced stuck in the workforce for lack of money to retire. Washington Post
Submitted 2 years 106 days ago

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Chapel Hill makes Garden & Gun's 'Greatest Southern Towns' bracket
In the spirit of March Madness, Garden & Gun magazine is hosting a "Greatest Southern Towns" contest, a bracket-style competition in which Chapel Hill is one of just three cities or towns from North Carolina to make the field. Triangle Business Journal
Submitted 2 years 106 days ago

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Rockingham Co., NC economic development to be revamped
The economic development services provided in Rockingham County will be revamped. Triangle Business Journal
Submitted 2 years 106 days ago

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Could the Triad be NC's home for the drone industry?
Executives with drone companies say the industry has its eyes on the Triad. Triangle Business Journal
Submitted 2 years 106 days ago

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AgileThought expands to Orlando
Tampa-based AgileThought has announced the opening of an office in downtown Orlando. The information technology company specializes in mobile applications and custom software development. It plans to add 15 jobs over the next three years, Gov. Rick Scott’s office said in a statement. Tampa Bay Business Journal
Submitted 2 years 106 days ago

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Google to study high-speed Internet for Nashville's low-income areas
A representative for Google Fiber will visit Nashville this week to study providing high-speed Internet to Nashville's low-income neighborhoods. Nashville Business Journal
Submitted 2 years 106 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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