Va. CEOs expect sales, employment to increase
Almost 70% of CEOs expect sales to increase over the next six months, and about 60% expect employment to increase, according to a third quarter survey conducted by the University of Richmond’s Robins School of Business and the Virginia Council of CEOs (VACEOs). Compared to answers from the CEO Economic Outlook Survey conducted at the […]
Va. new jobless claims dropped 35% last week
Virginia’s initial unemployment claims decreased about 35% last week since the previous week, the Virginia Employment Commission reported Thursday. For the filing week ending Aug. 28, the state recorded 7,777 new jobless claims, down 4,146 from the previous week. Continued claims totaled 46,471, up 9,396 claims from the previous week. Compared to the same week […]
Amazon has hired 3,000+ HQ2 workers so far
So far, Amazon.com Inc. has hired more than 3,000 of the 25,000 employees it plans to recruit by 2030 for its multibillion-dollar HQ2 East Coast headquarters in Arlington, the global online retailer announced Wednesday. In 2019, the Virginia General Assembly passed an incentive package that would pay Amazon up to $550 million in grants for […]
Pittsylvania, Danville governments see labor gap, too
Businesses aren’t the only organizations finding it difficult to hire employees. Amid dropping state unemployment rates and a nationwide labor shortage, Danville and Pittsylvania County have been seeking new ways to interest people in working for local government. Pittsylvania’s Board of Supervisors approved $1,000 employee referral and sign-on bonuses in July, says Holly E. Stanfield,[...]
The Great American Labor Shortage
At Dough Boy’s Pizza, summer typically brings a steady stream of job applicants seeking work at one of the restaurant’s three locations on the Virginia Beach Oceanfront. But “this year, it’s next to nothing,” says owner George Kotarides. For Kotarides and other restaurant owners, a season that had been anticipated as the triumphant closing act […]
Va. jobless claims continued to decrease last week
Virginia’s initial and continued unemployment claims continued to slightly decrease last week, the Virginia Employment Commission reported Thursday. For the filing week ending July 31, the state recorded 6,029 new jobless claims, down 149 from the previous week, while continued claims totaled 31,960, down 1,643 from the previous week. Compared to the same week last […]
Va. jobless claims saw slight decrease last week
Virginia’s initial and continued unemployment claims decreased last week, the Virginia Employment Commission reported Thursday. For the filing week ending July 24, the state recorded 6,178 new jobless claims, down 126 from the previous week, while continued claims totaled 33,603, down 1,599 from the previous week. Compared to the same week last year, continued claims […]
Va. new jobless claims edged up last week
Virginia’s initial unemployment claims increased slightly last week while continued claims decreased again, as they have for several weeks, the Virginia Employment Commission reported Thursday. For the filing week ending July 17, the state recorded 6,304 new jobless claims, up 352 from the previous week, while continued claims totaled 35,202, down 1,135 from the previous […]
Fed says Fifth District economy growing moderately
[wpdiscuz-feedback id=”z7qx6rb9ba” question=”Why?” opened=”0″]Amid the post-pandemic recovery[/wpdiscuz-feedback], the Federal Reserve’s Fifth District (including Virginia, North Carolina, South Carolina, West Virginia and Maryland) has been seeing moderate economic growth in recent weeks, according to the latest edition of the Federal Reserve’s Beig[...]
Va. unemployment claims down slightly last week
Virginia saw a small decrease in initial claims for the filing week ending July 3, with 6,825 people making new jobless claims, the Virginia Employment Commission reported Thursday. Continued claims also went down, totaling 37,790 last week, down by 2,435 from the previous week. Initial claims declined by 1,371 last week compared to the previous […]
Va. new jobless claims up, while continued claims decline
Virginia’s new unemployment claims rose to 8,196 in the filing week ending June 26, but continued claims decreased, the Virginia Employment Commission reported Thursday. Last week saw an increase of 1,291 initial jobless claims from the previous week, while continued claims totaled 40,225, a decrease of 2,653 claims from a week ago. This time a year […]
Va. new jobless claims dropped below 7,000 last week
Virginia’s new unemployment claims fell last week, as did continued claims, the Virginia Employment Commission reported Thursday. For the filing week ending June 19, 6,905 people filed initial jobless claims, a decrease of 944 from the previous week. Continued unemployment claims totaled 42,878 last week, down 1,915 claims from the previous week. This time a […]