Thursday, June 21, 2012
The jobs fair is open to 8th congressional district residents.
U.S. Rep. James P. "Jim" Moran (D-8th) is hosting a Job Hunters Boot Camp at T.C. Williams High School in Alexandria on Tuesday. The job fair, which is open to all of Moran’s 8th District constituents, will begin with remarks by the congressman at 9 a.m. and conclude at noon. According to Moran's office, the program will feature workshops on resume writing and networking, panels with major employers in the area and a jobs fair. The event is similar to one he held last year. Virginia’s current seasonally adjusted unemployment rate was 5.6 percent in May 2012, according to the Virginia Employment Commission. The number was about 0.6 percent lower than May 2011. Virginia’s unemployment rate is still below the national average, which was 8.2 …
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T.C. Williams High School, site of jobs fair
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Friday, December 30, 2011
Shrinking federal funding will put Northern Virginia's economy to the test, but it won't be the crash some are predicting, economist Stephen Fuller says.
If Northern Virginia wants to maintain its position as the economic powerhouse of the Washington metro region, local leaders and businesses need to look beyond the federal government and toward the nonprofit and private sectors, according to a recent report by economist Stephen Fuller. "For Northern Virginia to survive, the ratio of 35 percent of its Gross Regional Product depending on federal funds can't stay," said Fuller, who directs George Mason's Center for Regional Analysis. "Federal spending is shrinking. From 2002 to 2010, spending grew an average of 8 percent. Last year, it grew by 4 percent, and this year it has only grown by 2 percent. Other sectors need to find ways to catch up." Depending on how much funding is cut, there …
Thursday, December 29, 2011
Low mortgage interest rates, fewer foreclosures and steady home prices indicate Northern Virginia's housing market will continue to improve
As 2011 winds to a close, signs are hopeful that 2012 will bring continued improvement to Northern Virginia's housing market for counties closest to Washington, D.C. "I think that we are truly no longer on life support systems," said Jill Landsman, vice president of communications at the Northern Virginia Association of Realtors. "We're seeing steady appreciation in property values, which is a good sign for the future." According to Landsman, high employment rates, low mortgage rates and growing investment property sales are factors driving the steadily growing activity in the region's real estate market. Key indicators show that the housing market has improved from lows reached several years ago, but progress remains tentative. Comparing …
Wednesday, December 28, 2011
Local business are predicting a busy holiday season after record spending on Black Friday, and strong November sales.
For retailers, the holiday season is make or break. Americans were expected to spend $466 billion, according to reports from the National Retail Federation. In a hopeful sign for businesses, stores saw the highest numbers of early bird shoppers in history and Americans spent a record $52 billion on Black Friday. Clarendon business owner Sue Pyatt, who opened Kinder Haus Toys 30 years ago, said that after selling out of her most popular toys over Black Friday weekend, she ordered more in anticipation of the holidays. "We didn't see fallout like some stores did in 2008, because our local area has a strong economy and most folks here have been able to keep their jobs, but we definitely noticed a drop in our business," Pyatt said. "But this …
Tuesday, December 27, 2011
Looming cuts in federal spending are making the future less certain for Northern Virginia’s contractors and private businesses, which have relied on federal dollars for decades.
The Super Committee's failure to forge a deal on deficit reduction could have consequences for government agencies and private businesses headquartered in Northern Virginia. Congress has until 2013 to accomplish what the Super Committee could not; produce an alternative deficit reduction bill before across the board cuts are automatically triggered. As it stands, $600 million of the $1.2 trillion to be cut will come from the U.S. Department of Defense, which is the largest employer in Arlington County. "Until the law is changed, there are significant cuts hanging over everyone's head," said economist Stephen Fuller, director of George Mason University's Center for Regional Analysis. "The Department of Defense has already agreed to $465 …
Monday, December 26, 2011
Arlington and Fairfax counties stand out for maintaining low unemployment rates in an uncertain economy—what’s their secret to success?
With national unemployment hovering near 9 percent, Northern Virginia may be one of the few places where economic recovery isn’t dominating public conversation. For most northern counties, unemployment rates in the past year have remained between 3 and 7 percent, and in Arlington County unemployment actually dropped to 3.8 percent. "There's no magic bullet to success," said regional economist Troy Palma of Arlington County's Economic Development Office. "But you have to consider our workforce is highly educated. Sixty-nine percent of Arlington residents have at least a bachelor's degree, and as of last October, the average national unemployment rate of those with bachelor's degrees was 4.4 percent, which is much lower than the country's …
Yvette W
2:53 am on Friday, September 28, 2012
If you can't make it to the job fair and you are interested in automotive jobs try Advanced Automotive. http://jobs.advanceautoparts.com They have several career and job opportunities throughout the state. more ›