How could the ongoing UAW strike affect Mid-South business conditions?
Despite Ford’s commitment to West Tennessee, the largest single-investment in the state’s history, Memphis economist John Gnuschke said an ongoing strike could spell trouble.
There are 12 article(s) tagged John Gnuschke:
Despite Ford’s commitment to West Tennessee, the largest single-investment in the state’s history, Memphis economist John Gnuschke said an ongoing strike could spell trouble.
An estimated $1.6 billion in annual payroll from FedEx underwrites much of the local economy. FedEx at 50: FedEx hired Annie Leibovitz to capture grit of startups, including Fred, 50 years laterRelated story:
News from FedEx has left some wondering what the company’s cost-cutting measures could mean in Memphis. FedEx, the city’s largest employer, has around 30,000 employees here. Related story: FedEx closing offices, deferring hiring, reducing flights after weak quarter
According to the Fed, overall labor market conditions remain tight, with contacts across the Eighth District reporting that workers remain scarce.
A large number of Memphians could to see a dramatic reduction in their debt load, under a new student loan forgiveness program from President Joe Biden. But is that a good thing?
FedEx stock was up nearly 5% Tuesday, March 30, following the announcement on Monday that Raj Subramaniam will succeed Frederick W. Smith as president and CEO.
June’s inflation rate jumped up 5.4% from the same time in 2020 and that has economists examining the causes and predicting what may lie ahead. Meantime, consumers with discretionary wealth continue to buy ‘optional’ items, but those with tighter budgets feel the pinch at the grocery store.
As America comes out of the pandemic, workers are embracing the opportunity for career change while employers large and small scramble to adjust to a new paradigm.
As the economy has started to recover from the COVID-19 pandemic, businesses have been having a hard time finding enough workers to meet the demand. Unfortunately, for a variety of reasons, the labor shortage might not be ending any time soon.
University of Memphis officials say they’re mulling over the future of Sparks Bureau of Business and Economic Research to see if it can continue serving business, government and community organizations.
A Democrat in the White House and divided control of Congress may be good for the city: relaxed trade and immigration policies, more stimulus spending, status quo on taxes.
University of Memphis economist John Gnuschke said it will take years, not months, for Memphis to recover from devastating job losses caused by COVID-19.
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