The program offers companies tax breaks based on the number of employees they hire and where those jobs are located. A report found the program costs more to operate than the tax revenue it generates.
The urban park was designed to connect residents and improve quality of life but has increased housing costs and pushed out low-income households. Amid a national housing crisis, the U.S. must now learn from Atlanta's experience.
Food-related businesses are especially accessible for aspiring entrepreneurs, but there aren’t nearly enough shared-use food facilities. Supporting and promoting them is an opportunity for local governments.
The state’s layoffs decreased from 12,000 in 2020 to just 1,750 in 2022. But officials and economists are reluctant to hail the drop, saying the data needs to be contextualized to better understand Connecticut’s economic health.
Recent data reveals that four counties across North Texas have increased their numbers of workers with college degrees over the last five years and drawn more companies and workers from out of state.
The Inflation Reduction Act allots more than $360 billion for business incentives to promote low-emission technology and manufacturing, which is also creating a competitive drive from businesses in Europe.
Susheela Nemani-Stranger will take over as the Authority’s executive director. If approved, she will be the first woman and the first person of Indian descent to lead the economic development agency.
The factory jobs that used to be a fit for unskilled blue-collar workers are rapidly going high tech and white collar.
Over a two-year period, the state is estimated to have lost nearly half a million people while also returning to about 85 percent of the total jobs it had pre-pandemic. Hochul hopes new housing policies could help.
While they are disruptive for the lives of the affected workers, experts and economists argue that the layoffs don’t necessarily foreshadow economic collapse as the classic indicators of recession haven’t happened yet.
A new study has found that the arts, entertainment and recreation industry offers the least job security for the year. Jobs in the federal government were the most safe, with state and local education jobs ranked second in security.
While the pandemic continues to impact people’s health, economic security and ability to work, a study found fewer Hawaii residents are willing to take precautions and more people now perceive COVID-19 as an inconvenience.
People love to be close to a lake, a river or an ocean, and waterfronts can be a major urban achievement. Why have so many cities done a poor job of cultivating this amenity?
Houston-area workplaces saw occupancy rates increase to nearly 60 percent in December 2022, up 25 percent from the beginning of the pandemic. The area’s return-to-office rate is outpacing several other major metro areas.
Some believe that companies fail to recognize a person’s commitment and desire to work that could make them a good candidate for an offered position, despite lacking credentials. But when do falsehoods become too much?
The state’s minimum wage increased by 80 cents to $10.10 an hour for non-tipped workers, the largest increase in more than a decade and a half. The state’s minimum wage increased about four times between 1969 and 2006.