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Articles tagged with: unemployment

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[8 Jun 2013 | 2 Comments | 2,829 views]
Innovation key to economic recovery?

It’s no secret that the economy may be recovering but people are wondering where the jobs are. According to the Arkansas Department of Workforce services, the unemployment rate here in the Natural State was 7.1 percent in April — an improvement over 7.3 percent in the same month a year ago.
Here’s something to keep in mind, however — the Department of Workforce Service reported there were 1.236 million Arkansans working in April, down from 1.263 million jobs reported a year ago. How did unemployment decline even though fewer people were …

Business, Commentary, News, Politics, Real Estate »

[10 Oct 2011 | One Comment | 2,706 views]
Yeah, but what about jobs?

For the past couple of years, we’ve heard about a housing market recovery, government programs designed to encourage a recovery, federal plans to help people avoid foreclosure, etc.
It’s worth mentioning, however, that low interest rates and dropping prices are great but falling unemployment rates would be even better. The truth of the matter is that people tend to not buy major things like houses if they’re not working. People without jobs tend to fall behind on their mortgages, too.
A lot of the economic news we’re inundated with tends to overlook …

Commentary, Features and such, Made in America, Politics »

[27 Jul 2011 | 15 Comments | 28,082 views]
GE tells American workers to go to hell, ‘First Arkansas News’ announces new series

You want to talk about timing? Just yesterday, we at First Arkansas News posted an article about the growing interest in buying American-made products and — before the pixels were even cold on that one — General Electric announced it’s moving a bunch of jobs to China.
That ironic announcement — we’ll get to it in a minute — has prompted an expansion of the aforementioned article into a series of them. We’ve already heard from Roger Simmermaker of How Americans Can Buy American and we’ll hear from Don Rongione of …

Business, Features and such, Made in America, News »

[27 Jul 2011 | 4 Comments | 4,168 views]
Buying American?

Fire up that Google search engine and key in the phrase “buy American” when you get a chance.
You’ll be greeted with page after page containing listings of sites that express alarm over the loss of American manufacturing jobs, steer viewers to companies that make products in the U.S., suggest ways to correct trade deficits, etc. One of the sites that will rank highly if you run that search bears a very direct and self-explanatory title — How Americans Can Buy American. The owner of that site, Roger Simmermaker of Orlando, …

Business, News, Real Estate »

[31 Mar 2011 | 2 Comments | 1,971 views]
February central Arkansas housing market report — no surprises

Yes, it’s time once again for another housing market report that should surprise no one.
In central Arkansas — defined herein as Faulkner, Grant, Lonoke, Pulaski and Saline counties — 445 single-family, new and existing homes were sold in February. That’s down 7.29 percent from 480 sales in the same month last year.
The average sales price in central Arkansas in February was $163,057 — down 1.62 percent from $165,745 in the same month a year ago. Still, any interested observer would likely conclude that a slight drop in the number of …

Business, News, Real Estate »

[12 Mar 2011 | One Comment | 1,677 views]
“It’s the economy, stupid”

Over the past few weeks, we’ve heard plenty of predictions calling for a recovering housing market throughout 2011.
What’s noteworthy is that we’ve got some groups other than the expected ones expecting to see improvement this year. The national Mortgage Bankers Association, for example, expects to see a slight increase in purchase originations this year even though the group anticipates a drop in overall mortgages due to fewer people refinancing as the interest rates on a 30-year mortgage go from current levels of under 5 percent to close to 6 …

Commentary, News, Politics »

[1 Feb 2011 | 2 Comments | 2,489 views]
State Legislature still talking about illegal immigrants

Last week the House Committee on State and Governmental Affairs considered HB 1013 which, if passed, will impose penalties on contractors who knowingly hire illegal immigrants to work on projects.
Specifically, HB 1013 — which is sponsored by State Rep. Jim Nickels (D-Sherwood) — would allow the Contractors Licensing Board to impose penalties on contractors who knowingly hire people who are not authorized to work in the United States. The bill further states that penalties would be imposed on contractors who knowingly hire subcontractors who hire illegals.
The bill drew some …

News »

[31 Jan 2011 | No Comment | 1,754 views]
Week in review (1/23-1/30)

My, but last week was busy here at First Arkansas News.
We’ve had everything from the announcement of the formation of a new adversing group to some big news about Linux to some political wrangling. If you missed out on some of those stories, here’s your chance to play a bit of catch up so you can be on top of the stories that we’ve covered this week.
As our regular visitors probably know, we run these “week in review” posts regularly. Ah, but there’s a better way to make sure you …

Community, Features and such »

[8 Jan 2011 | No Comment | 8,753 views]
Working fewer hours? Unemployment Insurance may help

It’s that time of year when things just seem to slow to a crawl. The holiday rush is over, the new year is settled in and the winter weather threatens to keep us in hibernation. In business, construction screeches to a halt and sales tank enough to almost guarantee a good parking spot every time you head to Walmart. At work, it’s a drastic change from weeks of overtime to fill holiday orders to having enough orders to warrant a full, 40-hour week.
The reduction of hours couldn’t come at a …

News, Politics »

[17 Nov 2010 | 9 Comments | 5,830 views]
Unemployment extensions end Nov. 30

The Unemployment Compensation Act of 2010, passed by Congress and signed into law on July 22, expires on Nov. 30. This law extended Emergency Unemployment Compensation (EUC, or extension) benefits for the nation’s unemployed. It is unknown when – or if – Congress will take action to extend the EUC program.
What this means for Arkansans is that if your regular benefits exhaust during the week of Nov. 27, you will not be eligible for an unemployment extension at this time. If you are receiving a Tier I or Tier II …