Economy Adds 154k Private Sector Jobs in July. Unemployment Rate 9.1%

Economy Adds 154k Private Sector Jobs in July.  Unemployment Rate 9.1%

Washington, DC…According to the Commissioner Keith Hall Nonfarm payroll employment rose by 117,000 in July, following 2 months of little change. The unemployment rate was 9.1 percent in July and has shown little definitive movement since April. Private-sector employment increased by 154,000 over the month. Health care employment rose by 31,000 in July, as both […]

400K Initial Jobless Claims Last Week

Washington, DC…In the week ending July 30, the advance figure for seasonally adjusted initial claimswas 400,000, a decrease of 1,000 from the previous week’s revised figure of 401,000. The 4-week moving average was 407,750, a decrease of 6,750 from the previous week’s revised average of 414,500. The advance seasonally adjusted insured unemployment rate was 3.0 […]

Squaw Announces Details for $50 Million Capital Plan

Squaw Announces Details for $50 Million Capital Plan

Squaw Valley, USA – Squaw Valley USA announces the details of a five-year, $50 million capital improvement plan that will add dramatic improvements to the on-mountain and base village guest experience. Plans include everything from new food and hospitality offerings to new beginner and advanced high-speed chairlifts, trail improvements and a state of the art […]

American Century Championships Pumps Millions Into Local Economy

American Century Championships Pumps Millions Into Local Economy

July 29, 2011 (Stateline, Nev.) – The economic impact from this year’s American Century Championship on South Lake Tahoe is estimated at $10 -20 million. The figure, provided by the Lake Tahoe Visitors Authority, represents total spending throughout the region: lodging, dining, activities, entertainment and gaming combined with the media exposure generated for the destination […]

NFL Clubs Approve Comprehensive Agreement

NFL Clubs Approve Comprehensive Agreement

Atlanta, GA…NFL clubs approved today the terms of a comprehensive settlement of litigation and a new 10-year collective bargaining agreement with the NFL Players Association. The vote was taken at a league meeting in Atlanta where the clubs were briefed on the terms of the agreement and the rules for the transition into the new […]

Jobless Claims Up Slightly to 418,000 for the Week

Jobless Claims Up Slightly to 418,000 for the Week

Washington, DC…In the week ending July 16, the advance figure for seasonally adjusted initial claimswas 418,000, an increase of 10,000 from the previous week’s revised figure of 408,000. The 4-week moving average was 421,250, a decrease of 2,750 from the previous week’s revised average of 424,000. The advance seasonally adjusted insured unemployment rate was 2.9 […]

Housing Starts Up Over 14% According to HUD

Washington, DC…The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for June 2011: BUILDING PERMITS Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 624,000. This is 2.5 percent (±1.3%) above the revised May rate of […]