A deepening shortage of accountants is driving a growing number of companies to raise salaries or seek temporary help to strengthen their finance teams amid a slowing economy.
Baton Rouge-based Marucci Sports today announced plans to develop a 100,000-square-foot distribution center at the new Rivermark 185 Industrial and Logistics Park in Geismar.
The Baton Rouge metro area added 500 jobs from October to November and has gained 4,000 jobs since November 2021, according to the Louisiana Workforce Commission.
With the Federal Reserve’s latest rate hike adding half a percentage point to the cost of debt capital and reaching its highest level in 15 years, the majority of small business loans will hit the double-digit interest level for the first time since 2007, CNBC reports.
Americans cut back sharply on retail spending last month as the holiday shopping season began with high prices and rising interest rates forcing families, particularly lower income households, to make harder decisions about what they buy.