Economy

Economy

June Jobs Report Exceeds Expectations, But Concerns Remain

12:37pm July 05, 2013

The Labor Department announced Friday that the economy added 195,000 new jobs in June, exceeding expectations. Concerns remain over the fact that many of the jobs being added are for relatively low-paying seasonal work in leisure and hospitality, and the fact that the number of long-term unemployed remains stagnant.

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Economy

Jobless Rate For June Holds Steady At 7.6 Percent

10:14am July 05, 2013

The Labor Department reported Friday that the nation's unemployment rate held steady at 7.6 percent in June, as employers added 195,000 jobs, and more people started to look for work.

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Economy

"Returnships" Are a New Twist on Internships

5:00am July 05, 2013

Completing an internship is a time-honored way for college students to gain both work experience and course credit.

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Mortgage interest rates have spiked recently, causing unease among potential homebuyers.

Economy

As Mortgage Rates Rise, Homebuyers Face New Dilemma

8:12pm July 02, 2013

by Yuki Noguchi

Homebuyers are on edge after a sudden jump in mortgage rates. Industry analysts wonder if the spike in rates will scare off potential buyers or push them into closing a deal before rates go up more.

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Economy

Aerospace Industry Growing in Davie County

6:23pm July 02, 2013

by Keri Brown

According to the N.C. Department of Commerce Labor and Economic Analysis Division, In May, unemployment rates increased in 87 of North Carolina's counties, including Davie County. Statewide, the May rate was 8.9 percent.

But despite the economic woes, an aerospace manufacturing company in Davie County continues to grow.

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Sound World Solution's hearing device lets a user customize its settings using a Bluetooth connection and a smartphone.

To Make Hearing Aids Affordable, Firm Turns On Bluetooth

10:38am July 02, 2013

by John Ydstie

Traditional hearing aids can be too expensive for many people. But a new type that uses Bluetooth technology costs only about $300. The company that makes the new devices aims to reach millions of people around the world who need hearing aids but have trouble paying for them.

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Obama Announces Trade Africa Initiative

8:36am July 02, 2013

by Ari Shapiro

President Obama is preparing to conclude his trip to Africa. The last leg of his trip is Tanzania, where he continues to press U.S. companies to invest in Africa. A new initiative is going to try to get rid of the road blocks that slow down trade in Africa.

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Alabama County Files Plan To Exit Bankruptcy

10:57am July 01, 2013

by Jim Zarroli

Creditors are going to lose up to 70 cents of every dollar they're owed by Jefferson County, Ala. The county earned the title of largest municipal bankruptcy in U.S. history after a sewer financing deal went awry.

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Agencies Continue To Identify Fallout From Sequestration

7:13am June 28, 2013

The last of the mandated federal budget cuts begin in July. Federal agencies have had to work around furloughs and other issues. For more on the effects of sequestration, David Greene talks to NPR's Brian Naylor, Tamara Keith, Pam Fessler and Larry Abramson.

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Economy

Oak Hollow Mall's Future Unclear

7:31pm June 27, 2013

Some

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