Georgia's in an Economic Slump

Wed, 03 Sep 2008 19:08:05 GMT

http://www.EmploymentCrossing.com According to economists at Georgia State University, Georgia will not be coming out of its economic slump in the near future. However, luckily for residents located in ports, like Savannah Georgia, they might be seeing the other side of the rainbow a little bit sooner. It is reported that Savannahs growth rate in 2008 will be around 0.8 percent and in 2009 0.7 percent. In addition, its also not expected to experience job cuts like the rest of the state. According to a Georgia Port Authority representative, Georgias ports export market is very strong; however, the industries job growth is starting to slow down. The employment rate in Savannahs metro area was up 0.4 percent in the second quarter of 2008, as compared to a year ago. It is reported that a majority of jobs came from the transportation and utilities sectors. In addition, 400 retail jobs and 270 educational and health related jobs were added. Unfortunately, it is reported that the state will collectively lose 35,300 more jobs by the end of this year and 2,600 more jobs in 2009.

By managercrossing

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Amazon Finds Another Home In Indiana

Tue, 12 Aug 2008 19:56:00 GMT

Amazon.com has announced plans to add another center in the state of Indiana. Most recently it has plans of opening a new 950,000 square-foot distribution center which will create over 350 jobs by 2011. The new hub will be located in the Airtech Logistics Park near the Indianapolis International Airport. The Indiana Economic Development Corporation provided up to $1.65 million in performance-based tax credits and up to $149,500 in training grants. This is the third time in less than a year the company has brought business to Indiana. In March, Amazon.com announced plans to open a distribution center in Whitestown with estimates of employing over 1,200 workers. Later last year, it also announced plans of a fulfillment center in Munster creating 100 new jobs. The company will plans to hire managers, warehouse supervisors and more than 200 warehouse associates in the upcoming weeks. The facility will also employ up to 700 temporary associates during peak seasons. http://www.EmploymentCrossing.com

By managercrossing

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Georgia's in an Economic Slump

Amazon Finds Another Home In Indiana