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Economy

Friday, February 5, 2016

Friday, February 5, 2016 - 08:33:00

U.S. unemployment rate falls bellow 5 percent

The national unemployment rate has now dropped to 4.9 percent, the lowest since before the recession hit in 2008, according to January workforce figures released this morning by the U.S. Department of Labor.

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Friday, August 21, 2015

Friday, August 21, 2015 - 10:41:00

State unemployment rate decreases slightly to 5.6 percent

July labor data released from the Arkansas Department of Workforce Services show Arkansas's unemployment rate declining slightly to 5.6 percent for the month. The June figure was 5.7 percent.

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Wednesday, June 17, 2015

Wednesday, June 17, 2015 - 11:41:00

Bentonville is booming

The Bureau of Labor Statistics has reports on the good news in Benton County.

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Monday, May 18, 2015

Monday, May 18, 2015 - 08:43:00

Lockheed Martin is a company that stands for LGBTQ rights. How about in Arkansas?

The defense contractor has a long record of supporting LGBTQ rights. Now it's seeking economic development incentives from a state that's branded itself as among the nation's least friendly to LGBTQ people.

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Monday, May 11, 2015

Monday, May 11, 2015 - 13:30:00

Hutchinson announces special session is on for May 26

As rumored over the weekend, Gov. Asa Hutchinson announced today he's convening the legislature for a special session after Memorial Day weekend to consider a major defense-related economic development project in Camden.

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Friday, May 8, 2015

Friday, May 8, 2015 - 08:01:00

U.S. economy added 223,000 jobs in April, unemployment down to 5.4 percent

The recovery continues: another good jobs report. And…about that "job-killing Obamacare"...

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Monday, March 30, 2015

Monday, March 30, 2015 - 17:17:00

Arkansas minimum wage worker fired for talking to the press

Well, this is just awful. Shanna Tippen, a minimum wage worker at a Pine Bluff hotel, was fired because she spoke to the Washington Post and told the paper that the state's coming minimum wage hike would help her.

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Thursday, March 26, 2015

Thursday, March 26, 2015 - 16:05:00

Arkansas job creation in a climate of discrimination

Gov. Asa Hutchinson formally introduced Mike Preston as director of the Arkansas Economic Development Commission today. Creating jobs, i.e. doling out corporate welfare, may soon get harder, though, with the likely passage of HB 1228 allowing for "religious" discrimination of gays.

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Tuesday, December 23, 2014

Tuesday, December 23, 2014 - 12:09:00

U.S. growth rate highest in ten years; Arkansas economy also looking up

National GDP grew by 5 percent in the third quarter, according to a revised figure by the U.S. Commerce Department. Arkansas Business reported yesterday that forecasters also predict a strong year of growth ahead for Arkansas. We're still waiting for Obamacare to deliver its promised economic implosion.

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Friday, October 3, 2014

Friday, October 3, 2014 - 08:15:00

National unemployment rate falls below 6 percent for first time since summer of 2008

Good news from today's jobs reportwith nonfarm payrolls growing by 248,000 jobs in September. The unemployment rate is now 5.9 percent, the lowest it's been in more than six years. Today marks the first time the nation has ever recorded a four-year straight period of positive employment growth. Doesn't look like Obamacare is ruining the economy so far! Will the good news help Democrats or incumbents in November?

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Wednesday, October 1, 2014

Wednesday, October 1, 2014 - 05:12:00

Collection of Crittenden County sales tax to fund now-bankrupt hospital enjoined

The Department of Finance and Administration yesterday announced that a sales tax enacted by voters in Crittenden County for “repairing, improving, renovating, equipping, operating and maintaining” Crittenden Regional Hospital will not be collected. CRH closed and filed for bankruptcy last month. The Crittenden County Circuit Court last Friday issued an order enjoining collection of the one percent county-wide sales tax.

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Monday, September 29, 2014

Monday, September 29, 2014 - 17:01:00

World Trade Center Arkansas receives grant from Economic Development Administration, which Tom Cotton voted to abolish

Sen. Mark Pryor, along with Republicans Sen. John Boozman, Rep. Steve Womack and Rep. Tim Griffin, were on hand today in Rogers to announce a $600,000 federal grant for the World Trade Center Arkansas, an affiliate of the University of Arkansas. The federal money will be used "to expand its outreach services to diversify and strengthen the state’s economy," according to the university. The funds were available via the Economic Development Administration, which Tom Cotton voted to abolish.

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Thursday, September 25, 2014

Thursday, September 25, 2014 - 16:24:00

Cotton on climate change: Yes, it's probably real, but let the market handle it

At a lunchtime panel today on energy policy, Cotton devoted most of his time to criticizing Obama's energy and climate policy. But he also acknowledged that there just might possibly be a relationship between a warming planet and the activities of mankind, albeit in the most qualified and circumspect way.

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Monday, August 18, 2014

Monday, August 18, 2014 - 10:59:00

Arkansas unemployment rate fell by 1.5 percentage points over the past year

Arkansas' unemployment rate has achieved parity with that of the US as a whole. The labor force also shrank over the past year, but the number of available jobs grew.

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Sunday, August 17, 2014

Sunday, August 17, 2014 - 13:30:00

Not many bartenders in Arkansas

Which state has the lowest prevalence of bartending in the nation? You'll never guess!

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Monday, May 5, 2014

Monday, May 5, 2014 - 10:57:00

Verizon to hire 285 at Little Rock call center

State officials gathered this morning to announce new Verizon jobs. A company news release says it is seeking 285 people to work full-time in a Little Rock call center.

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Friday, April 18, 2014

Friday, April 18, 2014 - 09:47:00

Unemployment rate falls to 6.9 percent

Arkansas's unemployment rate was 6.9 percent in February, according to a new release from the Department of Workforce Services. February's rate was 7.1. The national rate for March was 6.7.

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Friday, April 11, 2014

Friday, April 11, 2014 - 14:17:00

Tax day should be easier

With the deadline for filing income taxes fast approaching, it's a good time for a reminder that filing individual income taxes could be quick and basically automatic for most Americans. In most cases, the IRS has all the information it needs to do your taxes for you.

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Monday, March 31, 2014

Monday, March 31, 2014 - 12:24:00

Dept. of Workforce Services: Arkansas unemployment rate drops to 7.1 percent

Numbers out today from the Arkansas Department of Workforce Services show the state's unemployment rate dropped two-tenths of a percentage point between January and February, from 7.3 percent to 7.1 percent.

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Monday, March 17, 2014

Monday, March 17, 2014 - 09:23:00

Arkansas unemployment rates drops to 7.3 percent in January

The unemployment rate in Arkansas in January was 7.3 percent, down from 7.4 percent the month before. The labor force grew by about 700.

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