Posts Tagged ‘economy’

State’s unemployment rate rose in December

by Associated Press Published: January 18,2013

Tags: economy, employee, employer, employment, job, jobless, unemployment, unemployment rate, work, worker

ACROSS MISSISSIPPI — The state’s unemployment rate ticked up to 8.6 percent in December. Despite the one-month rise, Mississippi’s jobless rate still decreased the third-most among states in 2012, in percentage point terms. Only Nevada and Florida saw larger drops. The state’s unemployment rate was 8.5 percent in November and 10.5 percent rate in December […] [...]

IHL report finds 20 percent chance for recession

by MBJ Staff Published: January 18,2013

Tags: economic, economy, recession

JACKSON — The Mississippi Economic Outlook, first quarter 2013 edition, is now available online at www.mississippi.edu/URC. Published by the Center for Policy Research and Planning of the Institutions of Higher Learning (IHL), the Outlook presents the state economic forecast, including detailed employment forecasts by sector. Regional, national and international developments impacting the state economy are […] [...]

Webb: Economy growing slowly, ‘boring’

JACKSON — An expert says Mississippi’s economy is growing slowly but still lags behind the pace of the U.S. economy overall. State economist Darrin Webb spoke to lawmakers at the Capitol today. He says the state and nation have a “boring kind of economy” right now, with slow job growth and shaky consumer confidence. Webb […] [...]

Blame will save the day

by Bill Crawford Published: December 24,2012

Tags: economy, George Will, Mitch McConnell

To anyone paying attention it’s pretty clear that things are out of balance in America. And, the longer things stay out of balance, the longer and harder it will be to get things back into balance. Our national debt and annual budget deficits illustrate this problem. Each year of deficit spending adds to the national […] [...]

Economists expect state to see better year in 2013

by Associated Press Published: November 28,2012

Tags: economist, economy, employee, employer, employment, forecast, growth, job, recession, unemployment, work, worker

ACROSS MISSISSIPPI — Economists say growth and employment should increase in Mississippi next year, led by an improved housing market and an increase in home construction. “We’re hoping the budding housing recovery will carry us forward.” Greg Daco, an economist with IHS Global Insight, said at a conference held by the College Board in Jackson. […] [...]

River interests still seeking help for low water

by Associated Press Published: November 26,2012

Tags: Ann McCulloch, economy, Mississippi, Mississippi Business Journal. river, Missouri River, St. Louis

ST. LOUIS — Businesses that move products on the Mississippi River continue to seek the government’s help as the river approaches historic lows. The Army Corps of Engineers on Friday began reducing the outflow from an upper Missouri River reservoir to ease drought conditions in that part of the country. The move will reduce the […] [...]

State’s unemployment rate dipped in October

by Associated Press Published: November 20,2012

Tags: economy, employee, employer, employment, job, unemployment, work, worker

ACROSS MISSISSIPPI — Mississippi’s unemployment rate dropped slightly to 8.9 percent in October, down 1.3 percent from September. The report from the Bureau of Labor Statistics showed 4,300 more people were employed in October than September. Mississippi had a 9.2 percent jobless rate in September and a 10.7 percent rate in October 2011. The number […] [...]

Governor’s prosposing to cut most agencies by 1.5 percent

by Associated Press Published: November 15,2012

Tags: appropriation, budget, economy, financing, funding, goverment, governor, money, proposal, state

JACKSON — Gov. Phil Bryant is proposing that most state agencies take a 1.5 percent budget cut during fiscal 2014, which begins next July 1. Republican Bryant released his $5.8-billion spending plan yesterday at the Capitol. It’s 2.3 percent larger than the current year’s budget of nearly $5.7 billion. Legislative leaders release their own fiscal […] [...]

Utility reports performance hurt by election uncertainties

ATLANTA — Southern Company reported third quarter earnings of $976 million, or $1.11 a share, compared with $916 million, or $1.07 a share, for the same period a year ago. For the nine months ended Sept. 30, 2012, Southern’s earnings were $1.97 billion, or $2.26 a share, compared with $1.94 billion, or $2.27 a share, […] [...]

Report forecasts state to see ‘slow but improving’ growth

JACKSON — The November issue of the Mississippi Economic Outlook, a quarterly publication, is now available. Published by the Center for Policy Research and Planning of the Institutions of Higher Learning (IHL), the Outlook presents the state economic forecast for 2012 to 2017, and includes detailed employment forecasts by sector. Regional, national and international developments […] [...]

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