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Tag Archives: employment

Economist: State's economy expanding, but jobs are not

ACROSS MISSISSIPPI — The state’s economy is gradually growing stronger, but the state still has 44,000 fewer jobs now than it did before the recession, state economist Darrin Webb told legislative budget writers Friday. Employment numbers in the state have been up in some months and down in others. “What you see is sort of sputtering growth in employment,” Webb ...

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Manufacturing index shows stronger August for goods-makers

KENNESAW, Ga. — Southeast manufacturing activity saw a rebound in August, reversing an 8.5-point slide in June and July, according to the Southeast’s Purchasing Managers Index (PMI) report released by Kennesaw State University’s Econometric Center in the Michael J. Coles College of Business. The Southeast PMI for August increased 5.6 points to 56.7, moving it closer to the national average ...

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Intuit: Mississippi had second-highest increase in small business employment in U.S. last month

ACROSS MISSISSIPPI — Intuit’s August Small Business Indexes, a monthly report providing unique and almost real-time insight into employment and revenue trends of the nation’s small businesses with fewer than 20 employees, showed that small business employment increased 0.01 percent in August. The data is based on approximately 242,000 small businesses customers of Intuit Online Payroll and QuickBooks Online Payroll, ...

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State's jobless rate remains highest in U.S.

ACROSS MISSISSIPPI — The state’s unemployment rate continued to go in the wrong direction in July, remaining the highest in the nation. The jobless rate rose to 8 percent in July, the third straight monthly increase, as the number of people reporting they had a job fell faster than the labor force. Mississippi’s unemployment rate was 7.9 percent in June, ...

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Philips Lighting expanding, adding 50 new jobs

TUPELO — Philips Lighting Co. will add 50 new jobs in a $2 million expansion of operations at its facility in Tupelo. The company says in a news release that it is expanding its product lines to include incorporating LED technology made at the company’s San Jose, California, facility into the Tupelo facility’s production line-up. Iain Logan, head of operations ...

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TVA cutting 2,000-plus jobs in massive cost-saving effort

CHATTANOOGA, Tenn. — The nation’s largest public utility is eliminating more than 2,000 jobs as part of a $500 million cost-cutting campaign. The Chattanooga Times Free Press reports the Tennessee Valley Authority is making the cuts this year to pare expenses and make electric rates in the Tennessee Valley more competitive with neighboring utilities. Most of the staff reductions are ...

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Ayrshire announces third expansion of Corinth plant

An electronics manufacturer that bought a plant earmarked for closing six years ago is expanding again. Ayrshire Electronics, a full-service electronics manufacturing company, is expanding operations at its facility in Corinth to accommodate an increase in production. The project represents a $100,000 corporate investment and will create 25 new jobs. In 2008, Louisville, Ky.-based Ayrshire acquired the former ACT Electronics’ ...

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State's jobless rate increases to 7.7 percent

ACROSS MISSISSIPPI — The state’s unemployment rate in May was tied with Kentucky’s for the nation’s fourth-highest. But that 7.7 percent rate was still well below Mississippi’s 9 percent rate a year earlier. The national unemployment rate remained stable from April to May at 6.3 percent, while Mississippi’s rose from 7.5 percent. Preliminary data in a separate survey indicated Mississippi ...

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Report: State's small businesses employ nearly half of all workers

ACROSS MISSISSIPPI — The Office of Advocacy, an independent office within the Small Business Administration, has released a report titled Small Business Profiles for the States and Territories, an annual analysis of each state’s small business activities. The profile includes information on the number of firms, employment, demographics and other topics using the most recently available government data. “Mississippi’s small ...

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Report: U.S. small business hiring soared in May

U.S. small businesses added 35,000 jobs in May, the largest monthly increase in more than a year, according to Intuit Inc. The increase is triple the average of 12,000 new jobs per month that have been added since the small business recovery began in April 2010. In addition, employees worked longer hours and made more money during the month. Small ...

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