Latest Labor economy News

NJ adds 6,500 jobs but jobless rate climbs to 3.5%

Jan. 23, 2020 2:48 PM EST

TRENTON, N.J. (AP) — New Jersey's unemployment rate ticked up to 3.5% from 3.4%, though the state added 6,500 jobs in December, according to new data released Thursday by the state Labor and Workforce Development Department. The rate was up over the previous month because more residents entered the labor...

Arizona unemployment rate slips to 4.6% in December

Jan. 23, 2020 12:35 PM EST

Arizona's seasonally adjusted unemployment rate dropped to 4.6% in December, down from 4.7% in November as the state's economy added 6,500 nonfarm jobs. The month-to-month jobs increase was higher than the 10-year average gain of 4,500 jobs in December, the Arizona Commerce Authority reported Thursday. The...

Rhode Island unemployment rate remains at 3.5%

Jan. 23, 2020 11:10 AM EST

CRANSTON, R.I. (AP) — Rhode Island's unemployment rate remained at 3.5% in December as the state closed out 2019 with 8,600 new jobs added over the year, state officials said Thursday. The December rate was the same as November's and was down half a percentage point compared with December 2018. The...

Text of South Carolina governor's State of the State address

Jan. 22, 2020 7:04 PM EST

COLUMBIA, S.C. (AP) — The text of South Carolina Gov. Henry McMaster's 2020 State of the State address as prepared. ___ Mr. Speaker, Mr. President, ladies and gentlemen of the General Assembly, constitutional officers, my fellow South Carolinians: I begin tonight by recognizing those South Carolinians in...

Kosovo's President Hashim Thaci, right, and  U.S. ambassador to Germany Richard Grenell pose for a photograph, in Kosovo capital Pristina, Wednesday, Jan. 22, 2019. Grenell, who is U.S. President Donald Trump's special envoy for Serbia and Kosovo visited Kosovo in an effort to urge both countries to resume negotiations and reach a final reconciliation agreement. (AP Photo/Visar Kryeziu)

U.S. envoy urges Kosovo, Serbia turn eyes on economy, jobs

Jan. 22, 2020 4:17 PM EST

PRISTINA, Kosovo (AP) — U.S. President Donald Trump’s special envoy for talks between Balkan rivals Serbia and Kosovo was in Pristina on Wednesday in an effort to urge both countries to resume negotiations and reach a final reconciliation agreement. Richard Grenell, the U.S. ambassador to Germany,...

FILE - This Friday, May 16, 2014, file photo, shows the General Motors logo at the company's world headquarters in Detroit. Michigan on Wednesday, Jan. 22, 2020, agreed to revise decade-long tax breaks for General Motors in exchange for the company's commitment to spend at least $3.5 billion more over 10 years, including to build electric pickup trucks in Detroit. (AP Photo/Paul Sancya, File)

GM to spend $3.5B in Michigan under revised tax credit deal

Jan. 22, 2020 3:23 PM EST

LANSING, Mich. (AP) — Michigan on Wednesday agreed to revise decade-long tax breaks for General Motors in exchange for the company's commitment to spend at least $3.5 billion more over 10 years, including to build electric pickup trucks in Detroit. Under the deal — the seventh amendment to the home...

Editorial Roundup: Georgia

Jan. 22, 2020 11:03 AM EST

Recent editorials from Georgia newspapers: ___ Jan. 19 The Augusta Chronicle on the Lt. Governor's picks for a new technology innovation task force: This month, Lt. Gov. Geoff Duncan announced 12 Georgia leaders who have agreed to serve on his new Georgia Innovates Taskforce. Its members have been asked to...

President Donald Trump meets with Swiss President Simonetta Sommaruga at the World Economic Forum, Tuesday, Jan. 21, 2020, in Davos, Switzerland. (AP Photo/ Evan Vucci)

AP FACT CHECK: Trump's Davos remarks rife with distortion

Jan. 21, 2020 5:30 PM EST

WASHINGTON (AP) — On a rarefied world stage in the Swiss Alps, President Donald Trump cited accomplishments on clean air that aren't real, a level of economic progress he hasn't achieved and a blue-collar boom yet to be seen. His preening performance at the Davos economic conference was rife with...

Lilly to build North Carolina plant, create over 460 jobs

Jan. 21, 2020 2:58 PM EST

DURHAM, N.C. (AP) — Pharmaceutical giant Eli Lilly & Co. will build a new manufacturing facility in North Carolina, generating over 460 new jobs, officials announced on Tuesday. Gov. Roy Cooper and company CEO David Ricks spoke at a news conference to unveil the $470 million investment in the Durham...

Tennessee panel OKs $3.3M more for financial firm to expand

Jan. 21, 2020 12:58 PM EST

NASHVILLE, Tenn. (AP) — A state panel approved another $3.3 million in incentives Tuesday for a financial firm to create 200 more jobs than first announced for the relocation of its global headquarters from New York to Nashville. The State Funding Board approved the additional grant money for...