Many companies are moving to North Carolina for business expansion purposes. Meanwhile, the Kroger Co. is the recent among many others trying to make in roads in North Carolina. They plan to build a high-tech warehouse in central North Carolina. Gov. Roy Cooper announced on Wednesday. Advance Fulfillment Center The objective of building this warehouse […]
Toyota Motors North America has announced its plans to build $1.29 billion electric vehicle battery production facility in North Carolina. Moreover, Toyota is now among the list of many companies who have decided to move a critical part of its supply chain from an offshore location. Battery Production for 1.2 Million Vehicles The new facility […]
U.S. jobs growth slowed during November while the unemployment rate reduced to lowest since pandemic started. Decrease in unemployment numbers may allow the U.S. government to consider withdrawal of stimulus support. Fewer Jobs Created The U.S. economy managed to add only 210,000 jobs during November. This is on the back of more than 500,00 jobs […]
U.S. oilfield services and equipment sector were adding jobs since March 2021. November halted this trend and jobs sector witnessed job losses after several months of jobs gains. 818 Jobs were Shed U.S. oilfield services and equipment sector employment took a step back after eight consecutive months of job gain. This is according to a […]
California is facing the challenge of high unemployment and is witnessing a very slow economic recovery. The Coronavirus is not fading away and the new variant has posed another challenge for the pandemic hit economy. Slow Economic Recovery California is in the process of recovering from the pandemic recession. Economists believe that this the most […]
The U.S. job market is starting to pick up some pace in the final months of the year. After showing disappointing figures in September, U.S. jobs data showed significant improvement during October. However, doubts are still looming in wake of new COVID variant and on-going labor shortage challenge. Healthy Employment Numbers Economists are also very […]
Tesla has officially announced to move their headquarters next to their Gigafactory in Texas. Elon Musk has announced that they are moving their headquarters from Palo Alto California to Austin, Texas. The new headquarters shift will roughly create 10,000 new jobs. Headquarter and New Factory Tesla stated that the new headquarters will also include the […]
Ford Motor Company has announced to increase its electric vehicle (EV) production to 600,000 cars by 2023. They will spend $11.4 billion to build three battery plants and one electric pickup truck assembly plant. Additionally, these facilities will create 11,000 new jobs. Ford is showing commitment towards electric cars and trucks and are investing multi […]
Cyber security has gained great importance in the recent times. U.S. faced an avalanche of ransomware attacks which targeted critical infrastructure. Therefore, U.S Department of Homeland Security has built a federal recruiting tool and they have launched it recently. Seven years ago, the U.S Congress directed the Department of Homeland Security (DHS) to build a […]
Unemployment numbers decreased in October across United States. Employers added 531,000 new jobs during last month. Delaware is no exception and the adjusted unemployment rate for October stood at 5.3% as compared to 5.4% in September. New Jobs Added During October Unemployment rate in Delaware ticked down 10 points and Delaware had an addition of […]