Economic Development

Women are leading the nation’s entrepreneurship charge

Women and minorities have been fueling the U.S. boom in business creation over the past two years, Bloomberg reports. 

Job market remains robust as initial unemployment claims dip further  

Fewer Americans applied for jobless benefits last week as the U.S. job market remains robust despite high inflation and myriad other economic pressures.

Louisiana near US basement on income growth

Louisiana workers’ personal income grew at a 2% annual rate in the first quarter...

SBA looks to grow microlending, expand small business contracting

Expanding access to small loans and helping contractors get federal infrastructure work are priorities for the U.S. Small Business Administration in Louisiana, SBA regional administrator Ted James says. 

Teen employment appears strong for second summer in a row

The summer of 2021 was the strongest in years for U.S. teenagers seeking work....

Big companies rescinding job offers to recruits

Companies in a range of industries are beginning to rescind job offers they made just a few months ago, despite the strong labor market.  
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Recession or not, bankers urge business owners to prepare for rocky times

Business owners might be a little more cautious than usual, but the sorts of things they should be doing aren’t necessarily all that different from how they normally run their business, bankers say. 

Can natural gas generate power with fewer emissions? 

North Carolina-based NET Power says it has the technology to create cleaner energy using natural gas, by burning it through a method that produces far fewer greenhouse gas emissions. 

Businesses must take steps now as gasoline prices expected to keep rising

For the first time, a gallon of regular gas now costs $5 on average nationwide, even though it hasn’t crept up quite that high in Baton Rouge, yet. The soaring cost of gasoline is bad news for businesses, on many accounts. 

Hiring managers easing education, experience requirements to fill positions

Without enough traditional applicants for open jobs, companies have broadened their scope and dropped...