Category Archives: Economy

Job Market and Wages Continue to be Weak

Slow wage growth is one of the side effects of a weak labor market. Even though the official unemployment rate has fallen to 5.5 percent in the nation in February, the rate that includes people working part time who would … Continue reading

Posted in Economy | Comments Off on Job Market and Wages Continue to be Weak

Treasury Report: Federal Fiscal Shortfall is $603,000 per Household

New data from the U.S. Treasury shows that the federal government has amassed $74 trillion in debts, liabilities and unfunded Social Security/Medicare obligations. This amounts to $603,000 for every household in the U.S., a fiscal burden that exceeds 90% of … Continue reading

Posted in Economy | Comments Off on Treasury Report: Federal Fiscal Shortfall is $603,000 per Household

What's The Real Unemployment Rate?

The national unemployment rate continues to improve, but don’t tell that to people who are jobless and looking for work. Many of today’s unemployed, particularly those who are younger, have a more negative view of the labor market. Who’s right? … Continue reading

Posted in Economy | Comments Off on What's The Real Unemployment Rate?

Roanoke Gets Serious About Competing for Young Professionals

Roanokers know they have a challenge stemming the drain of educated young people, just like every other small metropolitan area in the United States. At least they’re asking the right questions: What does it take to recruit and retain young … Continue reading

Posted in Economy | Comments Off on Roanoke Gets Serious About Competing for Young Professionals

Do Newport News Courts Threaten Virginia’s Pro-Business Reputation?

Virginia consistently ranks as one of the most business-friendly states in America, although lately we have been slipping. According to the Virginia Economic Development Partnership, since 2001, manufacturing companies have invested $14.5 billion and created more than 72,000 new jobs … Continue reading

Posted in Economy, Law and Justice, Top Story | Comments Off on Do Newport News Courts Threaten Virginia’s Pro-Business Reputation?