Tagged: Economy and Business

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U.S. Economic Growth
4:38 pm
Fri July 27, 2012

U.S. Economy Slows In Second Quarter

Credit Bureau of Economic Analysis
Percent change in U.S. Gross Domestic Product from 2010 to 2012.

New figures out Friday show the U.S. economy is growing at a slower pace than previously thought. That's due in part to weak consumer spending and a rise in imports.

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Ice Cream Truck Business
4:30 pm
Mon July 23, 2012

With Few Prospects, College Duo Start Summer Business With A Twist

This summer, college seniors looking for jobs are low on options. In fact, government statistics show that more than half of recent college graduates are either unemployed or working jobs that don’t require college degrees.

Two seniors at the University of Oregon decided to stop waiting for conventional jobs. Instead, they set out to create a new version of one of America’s staple summertime businesses.

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Fatal Mining Accident
5:06 pm
Thu July 19, 2012

Report Faults Mining Company For Fatal Accident

Credit Mine Safety and Health Administration
The waste bin at Idaho's Lucky Friday Mine where an accident that killed a 26-year-old miner occurred last November.

A new report faults managers of north Idaho’s Lucky Friday mine for an accident last November that killed a 26-year-old miner. It was one of two fatalities at the mine last year.

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Washington Job Growth
6:33 pm
Wed July 18, 2012

Wash. Gains 10,000 Jobs, But Jobless Rate Still 8.3 Percent

Credit U.S. Bureau of Labor Statistics
U.S., Washington and Seattle unemployment rates, seasonally adjusted, from June 2007 through June 2012.

Washington has gained back more than half the jobs it lost during the Great Recession. The state reached that benchmark last month with the gain of 10,000 new jobs.

Even so, Washington’s unemployment rate remained unchanged in June at 8.3 percent. That’s because the universe of people actively looking for work is also growing.

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Oregon's Unemployment Rate
4:37 pm
Tue July 17, 2012

Oregon's Unemployment Increases Slightly

Oregon's unemployment rate increased slightly in June and now stands at 8.5 percent.

The increase is so slight, Oregon's Employment Department calls the rate "essentially unchanged." In fact, state economist Nick Beleiciks says there is some good news tucked in the numbers.

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