Massachusetts Governor Deval Patrick announced on Friday morning that layoffs would occur among state jobs after September tax revenues came in at over $240 million below estimates, placing the state in another fiscal crisis. “Today’s news means we have more work to do,” said the governor. Patrick has already made $7 billion in cuts and slashed 1,400 state [...]
Continue reading...Friday, July 17, 2009
A drop in tax income is spurring the city of Cincinnati to consider laying off hundreds of city workers. City officials project a deficit of $28 million for 2009, up from an earlier estimate of $20 million. Cincinnati may also reduce call center hours, review consultant contracts and limit supplies. Department heads have been instructed to consider [...]
Continue reading...Sunday, June 28, 2009
A new Walmart Supercenter opening in Penitas, Texas has brought 300 jobs to the town of 3,500. The Supercenter will generate up to $400,000 in sales tax revenue. Wal-Mart Stores is an American public corporation that runs a chain of large, discount department stores. It is the world’s largest public corporation by revenue, according to the 2008 [...]
Continue reading...Monday, April 13, 2009
The Naples, Florida City Council will raise taxes on property for 2010, rather than lay off more workers. As property values fall, the city must raise the tax rate to generate the same amount of income. The city is also planning unpaid days off, and salary & benefit reductions. Some 19 full-time workers will still be laid [...]
Continue reading...Monday, April 6, 2009
Howard County in Illinois will hold “minimal layoffs,” and will furlough employees starting in July. The layoffs will affect up to 12 employees out of more than 2,000. The county is dealing with drops in revenue from income tax and real estate sales, as well as investment losses. Howard County’s unemployment rate rose to 5.2% in February, below [...]
Continue reading...Thursday, March 19, 2009
A bill introduced this week in the Arkansas legislature would require 5% of all diesel fuel sold in the state to contain biodiesel. Lawmakers are calling it the “B5″ fuel standard. Biodiesel could bring 1,500 jobs to the natural state. Biodesiel is a fuel made from feedstock which is produced in Arkansas. A study says the “B5″ fuel [...]
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Sunday, October 4, 2009
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