In the week ending March 13, the advance figure for seasonally adjusted initial unemployment claims in the U.S. was 457,000, a decrease of 5,000 from the previous week’s unrevised figure. The four-week moving average was 471,250, a decrease of 4,250 from the previous week’s unrevised average.
The advance seasonally adjusted insured unemployment rate was 3.5 percent [...] [...]
Gov. Haley Barbour announced today that an additional $41 million was disappearing from the state’s budget for fiscal year 2010 because of spiraling state revenue collections.
Since the budget year started last July, $499.1 million has been cut.
“Hopefully we’re making the last cuts of the year,” Barbour said.
The latest round of cuts comes just [...] [...]
HATTIESBURG — While the recession has negatively affected most airports, officials at the Hattiesburg-Laurel Regional Airport report an increase in traffic.
Not only is the airport still seeing increases in its annual boardings, it’s also home to more than 60 private aircraft — the most ever, according to officials.
“They’re actually the largest bill payers at the [...] [...]
JACKSON — A city of Jackson official tells The Clarion-Ledger that department heads are being asked to reduce their budgets to make up for lower tax collections.
While property tax figures are not yet in, the city is running between 12 and 15 percent behind on sales tax revenue, which makes up about a quarter of [...] [...]
The Feb. 2010 Mortgage Monitor report, released by Lender Processing Services Inc., shows that while delinquency rates in the U.S. have risen to historic highs, the pace of deterioration has slowed. However, the nation’s housing market remains far from a full recovery, and Mississippi has the third-highest non-current loans in the nation.
Based on data extrapolated [...] [...]
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 [...] [...]
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 [...] [...]
