WASHINGTON — Sen. Thad Cochran (R-Miss.) is pressing federal officials to accelerate federal water projects in Mississippi as one way to create greater economic activity in a state with a 12 percent unemployment rate.
Cochran, vice chairman of the Senate Appropriations Committee, addressed the new Mississippi unemployment rate during a March 12 hearing to review the [...] [...]
In the week ending March 6, the advance figure for seasonally adjusted initial unemployment claims in the U.S. was 462,000, a decrease of 6,000 from the previous week’s revised figure. The four-week moving average was 475,500, an increase of 5,000 from the previous week’s revised average.
The advance seasonally adjusted insured unemployment rate was 3.5 percent [...] [...]
by Associated Press Published: March 11,2010
Tags: ARRA, Barbour, employment, jobs, Legislature, MDES, recession, state agency, state government, stimulus, unemployment, unemployment benefite
JACKSON — The Mississippi Department of Employment Security (MDES) was in jeopardy after a bill reauthorizing the agency died under a deadline yesterday amid a fight to force Gov. Haley Barbour to accept $56 million in stimulus funding.
House Labor Committee Chairman Rufus Straughter, D-Belzoni, didn’t bring the bill out for a vote in time to [...] [...]
PASCAGOULA — Chevron Corp. says its refinery in Mississippi is safe and could possibly expand.
Chevron said yesterday it will cut 2,000 jobs this year. It also will seek to sell some overseas entities.
The Pascagoula refinery is Chevron’s largest in the United States with about 1,500 workers and refines 330,000 barrels of crude oil a day [...] [...]
There were 2.7 million job openings on the last business day of Jan. 2010, the U.S. Bureau of Labor Statistics reported yesterday. The job openings rate rose over the month to 2.1 percent, the highest the rate has been since Feb. 2009.
The hires rate (3.1 percent) and the separations rate (3.2 percent) were unchanged in [...] [...]
The nation’s nonresidential building construction sector lost 9,600 jobs in February, according to the March 5 employment report by the U.S. Labor Department. Since Feb. 2009, the sector has shed 101,700 jobs, or 13.3 percent.
Employment in nonresidential construction now stands at 661,600.
Hit the hardest was the nonresidential specialty trade sector, which lost 34,900 jobs last [...] [...]
NEW YORK — Growth in the U.S. service sector accelerated in February to its fastest pace in more than two years, but jobs remained hard to find.
The Institute for Supply Management said today its index measuring service industries rose to 53 in February from 50.5 in January.
Economists polled by Thomson Reuters had expected a smaller [...] [...]
Nonfarm payroll employment was little changed (-36,000) in February, and the unemployment rate held at 9.7 percent, the U.S. Bureau of Labor Statistics reports.
Employment fell in construction and information, while temporary help services added jobs. Severe winter weather in parts of the country may have affected payroll employment and hours; however, it is not possible [...] [...]
WASHINGTON — The economy is showing renewed strength as retail sales surged last month and factory orders also increased. Yet there’s little evidence such growth will lead to more hiring soon — unless recent gains in consumer spending force companies to add workers.
Retailers reported Thursday that sales rose in February by the largest amount since [...] [...]
ATTALA COUNTY — Sen. Thad Cochran (R-Miss.) and Sen. Roger Wicker (R-Miss.) announced a $1.1-million grant awarded to the North Central Mississippi Planning and Development District (NCPDD) to develop a business incubator and job development center in Attala County.
The Economic Development Administration (EDA) grant will be used by the NCPDD to renovate a county-owned industrial [...] [...]