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Economic Performance
The Right Moves...
Submitted by jclinton on Sun, 12/20/2009 - 6:41pmThe first issue of Moves Magazine, a publication from the Louisiana Community and Technical College System Foundation, arrived recently.
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Map Resource: Small Business Survival Rankings
The Small Business and Entrepreneurship Council recently released its ranking for the best states to start a new business. Louisiana ranks 29th--not as bad as it might be, not nearly what we would have it be. A troubling aspect of Louisiana's score is our ranking behind other states in the region.
Louisiana Two-Year Degrees Up...Most Places
Submitted by jclinton on Thu, 11/19/2009 - 1:48pm"In fall 1999, the Louisiana Community & Technical College System awarded 44% of all associate degrees in Louisiana. By fall 2008-09, LCTCS was awarding 64% of associate degrees."--Council for a Better Louisiana
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Who Creates the Jobs?
Submitted by jclinton on Tue, 11/17/2009 - 2:12pmMy former colleagues at Southern Growth Policies Board noted in their Southern Compass newsletter today, the release of a new Kauffman Foundation report on job creation and young businesses.
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Louisiana, Alexandria Improve in Milken Ratings
Submitted by jclinton on Wed, 11/11/2009 - 12:09pmBoth Louisiana and the Alexandria MSA fare very well in the 2009 Milken Institute Index of Best Performing Cities.
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Advocate Calls for More Funding for Higher Ed
The Baton Rouge Advocate's editorial of Sunday, September 27, lauds Governor Bobby Jindal for giving the state's two streamlining commissions financial targets for their recommended cost-cutting. However, the same editorial calls the Governor's strategy into question for wanting higher education to emerge with a smaller budget.
Natchitoches Times Weighs in on Higher Ed Cuts
"With higher education budget cuts heaped atop the other factors that have held down college graduation rates, Louisiana could continue having problems developing a strong work force that would attract knowledge-based companies and jobs," according to a July 24 editorial in the
The Economist Disses Economists
Submitted by jclinton on Sat, 07/18/2009 - 12:34pmAn essay in the print edition of The Economist takes on the performance of economists during the months and years leading up to the financial crisis.
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Tax Incentives and Job Creation
Business Week reports, "States are doling out billions to woo companies and revive local economies. But their incentives may be undermining America's recovery plan." The article claims that states have given a record $50 billion in tax breaks in the past year. Arthur J. Rolnick, vice president and research director for the Federal Reserve Bank of Minneapolis, says the the increase in tax breaks "undermines the economic union, and it misallocates resources.
U.S. Unemployment Hits 9.5%
CNNMoney reports that U.S. economy shed more jobs than exprected in June, with unemployment rising for the ninth straight month. About 467,000 jobs were lost during June, compared to 322,000 for May and the official June forecast of 365,000. The total unemployment perecentage represents a 26-year high. Full story here.
