by Kevin Alexander, Jr. So, unless you’ve been living under a rock for the past few months, you know that COVID-19, also known as coronavirus, has taken the world by storm. The everyday lives of millions of people have been put on hold and don’t seem to be returning to normal anytime soon with the … Continue reading
Tag Archives: jobs
Preferred Freezer Services expanding into City of Portsmouth means new jobs and investment
~ Preferred Freezer Services to establish new cold storage warehouse, creating 60 new jobs ~ PORTSMOUTH—Governor Ralph Northam today announced that Preferred Freezer Services, one of the largest public refrigerated warehousing companies in the world, will invest $60 million to construct a 200,000-square-foot cold storage warehouse in the City of Portsmouth. The new facility will … Continue reading
Stocks muddle along following US jobs report; bonds steady
Stocks held steady on Friday after a report showed that the U.S. job market strengthened last month, but not by quite as much as expected. Bond and commodity markets were also relatively quiet, with few big moves. KEEPING SCORE: The Standard & Poor’s 500 index was close to flat at nearly 2,580, as of … Continue reading
Bank of England: 10,000 financial job losses on Brexit Day 1
LONDON (AP) — Britain’s finance industry could lose 10,000 jobs on the first day after the country leaves the European Union, the Bank of England warned Wednesday, as it urged the government to swiftly reach a transitional deal to smooth out the process. Sam Woods, the central bank’s deputy governor for prudential regulation, told a … Continue reading
Virginia unemployment rate drops to 3.7%
~ Virginia’s unemployment rate ranks 2nd lowest among major U.S. states ~ – Virginia labor force expands to record high 4,340,369 – – Initial unemployment claims hit 43 year low – RICHMOND – Governor Terry McAuliffe announced Friday, Oct. 20, that Virginia’s seasonally adjusted unemployment rate was down 0.1 percentage point in September to 3.7 percent after … Continue reading
Higher education employment rises in Q1 2017 despite decline in job postings
STATE COLLEGE, Pa., September 15, 2017 — In the first quarter of 2017, the total number of jobs in higher education increased by the largest first quarter amount in five years, according to HigherEdJobs, the leading job and career site for higher education professionals. According to an analysis of U.S. Bureau of Labor Statistics data … Continue reading
Gov. McAuliffe announces 215,100 net new jobs in Virginia
~ Total wages, salaries increase 12.2% compared to January 2014 ~ RICHMOND – Governor Terry McAuliffe announced today, Sept. 15, that 215,100 net new jobs have been created in the Commonwealth since January 2014. In addition, according to the Federal Reserve Bank of St. Louis, total wages and salaries in Virginia have increased by 12.2 percent since … Continue reading
McAuliffe announces Ferguson to expand operations, creating 434 new jobs in Newport News
~ Largest U.S. plumbing wholesaler to invest $82.8 million to expand headquarters, build new campus platform ~ NEWPORT NEWS – Governor Terry McAuliffe announced Monday, June 5, that Ferguson, the largest plumbing wholesaler in the U.S., will invest $82.8 million to expand its headquarters operation in the City of Newport News, retaining more than 1,000 … Continue reading
Governor hosts luncheon for college journalists
by Tiana K. Allen On Feb. 1, Virginia Governor Terrance McAuliffe hosted a luncheon, alongside Virginia’s Secretary of Education Dr. Dietra Trent, at Virginia’s Executive Mansion where he spoke with several college newspaper journalists regarding Virginia’s job opportunities, President Trump’s new immigration policy and many other topics. He said that he’s had great success in … Continue reading
WHY IT MATTERS: Jobs
WASHINGTON (AP) — THE ISSUE: Tepid income growth and shrinking opportunities for blue-collar workers have kept many Americans anxious about jobs and the economy, seven years after the Great Recession ended. The unemployment rate has fallen to a relatively low 4.9 percent. But many Americans are struggling to keep up with an economy that has … Continue reading
Business / Education / Local / Technology / Virginia
Gov. McAuliffe announces new state-wide higher ed spending at Norfolk State
In a speech before faculty and staff gathered in the rotunda of Norfolk State University’s library on Wednesday morning, May 11, Gov. Terry McAuliffe announced record-setting spending initiatives for higher education in the Commonwealth of Virginia. “While other states are cutting, we’re investing in education,” McAuliffe told the crowd. “We were able to secure more than a … Continue reading
Deschutes Brewery to build East Coast facility in Virginia
RICHMOND, Va. (AP) — Virginia will become home to Deschutes Brewery’s East Coast operations after beating out North and South Carolina for the coveted facility that’s expected to create more than 100 new jobs, Gov. Terry McAuliffe said Tuesday. Oregon-based Deschutes will invest $85 million to build a facility in Roanoke, joining nearly 150 other … Continue reading
Obama says he learned responsibility, hard work from 1st job
WASHINGTON (AP) — President Barack Obama says his unglamorous first job scooping ice cream taught him valuable lessons about responsibility and hard work. He wants the same experience for other teenagers, particularly those without resources, and is launching a summer opportunities project to help young people land a first job that can teach them similar … Continue reading
Volvo Trucks to lay off 734 workers at its Virginia plant
DUBLIN, Va. (AP) — Volvo Trucks will lay off 734 production workers at its plant in southwest Virginia due to a slowdown in demand, the company disclosed Tuesday. Layoffs at the New River Valley Assembly Plant in Dublin will take place over three weeks starting in early February, company spokesman John Mies said. He added … Continue reading
U.S. stocks moved solidly higher on Tuesday
NEW YORK (AP) — U.S. stocks moved solidly higher Tuesday, helped by improving economic data from Japan and Europe as well as hopes that the European Central Bank will expand its stimulus program. However, trading remained quiet ahead of the release later this week of the U.S. government’s monthly jobs survey. KEEPING SCORE: The Dow … Continue reading
Spartan Echo 