Washington's Economy http://kplu.org en Washington jobs figures show mixed signals http://kplu.org/post/washington-jobs-figures-show-mixed-signals <p>Washington&#39;s employment data is showing mixed signals about the direction of the state&#39;s economy.</p><div><p>New figures released Wednesday morning by the Employment Security Department show Washington&#39;s unemployment rate grew to 9.2 percent in June, even though a separate indicator showed that the state added 3,600 jobs.</p><p> Wed, 20 Jul 2011 17:41:16 +0000 The Associated Press 2126 at http://kplu.org Washington jobs figures show mixed signals Washington lost jobs in May http://kplu.org/post/washington-lost-jobs-may <p>Washington&#39;s slow economic recovery is sputtering.</p><p> Wed, 15 Jun 2011 18:06:42 +0000 The Associated Press 1876 at http://kplu.org Washington lost jobs in May Grays Harbor Paper closing Hoquiam mill http://kplu.org/post/grays-harbor-paper-closing-hoquiam-mill <p>Grays Harbor Paper has shut down its mill in <a href="http://www.google.com/search?q=hoquiam&amp;btnG=Search+the+web">Hoquiam</a>, putting a dour end to what had been a success story for 18 years.&nbsp;</p><p>240 workers are losing their jobs. Many were shocked by the announcement, according to <a href="http://www.nwcn.com/home/?fId=122670634&amp;fPath=/news/local&amp;fDomain=10212">King-5 news. </a></p><blockquote><p>&ldquo;I thought this place was going to be in for the long haul,&rdquo; said Tony Harris, who had worked for Grays Harbor Paper for two years.</p> Fri, 27 May 2011 14:19:35 +0000 Bellamy Pailthorp & The Associated Press 1686 at http://kplu.org Grays Harbor Paper closing Hoquiam mill Two online companies' IPOs bode well for Seattle's tech biz scene http://kplu.org/post/two-online-companies-ipos-bode-well-seattles-tech-biz-scene <p><br /><a href="http://stream.publicbroadcasting.net/production/mp3/kplu/local-kplu-964643.mp3">http://stream.publicbroadcasting.net/production/mp3/kplu/local-kplu-964643.mp3</a></p><p>&quot;Initial Public Offering,&quot; or <a href="http://www.investopedia.com/university/ipo/ipo.asp">I-P-O</a>, is a buzz term that was talked about a lot in the boom years of the late 1990s &ndash; especially in Seattle, where lots of high-tech startup companies were thriving at that time.&nbsp; They&#39;ve been pretty scarce lately.&nbsp; But they may be coming back. Fri, 22 Apr 2011 10:05:01 +0000 Bellamy Pailthorp 1252 at http://kplu.org Two online companies' IPOs bode well for Seattle's tech biz scene Xbox Kinect sales hit 10 million, setting Guinness World Record http://kplu.org/post/xbox-kinect-sales-hit-10-million-setting-guinness-world-record <p>http://stream.publicbroadcasting.net/production/mp3/kplu/local-kplu-956937.mp3</p><p>Microsoft&#39;s Xbox is breaking records in the gaming world. The company says it has already sold 10 million of its newfangled motion-controller device, the Kinect, since the product launched in November.</p><p><strong>That&#39;s a world record.</strong></p><p> Thu, 10 Mar 2011 10:40:28 +0000 Bellamy Pailthorp 963 at http://kplu.org Xbox Kinect sales hit 10 million, setting Guinness World Record King County home prices down 7% compared to last year http://kplu.org/post/king-county-home-prices-down-7-compared-last-year <p>http://stream.publicbroadcasting.net/production/mp3/kplu/local-kplu-955852.mp3</p><p>Foreclosures and uncertainty are clogging up the real estate market, and one local expert says prices won&#39;t go up again before next year.</p><p>The median price of a home in King County&nbsp; is down nearly 7% compared to a year ago.&nbsp; That&#39;s one of many tidbits in the mass of numbers released this month by the Northwest Multiple Listing Service.&nbsp;</p><p>Sales data for February show the median sales price in Washington&#39;s most populous county down 7 percent compared to last year. The median price of a home in King County has dropped to $320-thousand dollars. That&#39;s about $23,000 dollars less than in February of last year.&nbsp;</p><p> Fri, 04 Mar 2011 15:22:02 +0000 Bellamy Pailthorp 927 at http://kplu.org King County home prices down 7% compared to last year Obama's budget plan would boost JBLM construction http://kplu.org/post/obamas-budget-plan-would-boost-jblm-construction <p>Construction at <a href="http://info.lewis-mcchord.army.mil/">Joint Base Lewis-McChord </a>would increase further if Congress adopts President Obama's 2012 budget proposal.</p><p>The News Tribune reports that <a href="http://www.thenewstribune.com/2011/02/15/1545333/budget-would-fund-surge-of-jblm.html">the spending plan released Monday would set aside more than $300 million </a>for construction at the base south of Tacoma, up from about $172 million in the 2011 budget proposal Congress has yet to approve. Tue, 15 Feb 2011 18:59:40 +0000 The Associated Press & KPLU News Staff 803 at http://kplu.org Obama's budget plan would boost JBLM construction Jobs scarce for young adults in Washington http://kplu.org/post/jobs-scarce-young-adults-washington <p>http://stream.publicbroadcasting.net/production/mp3/kplu/local-kplu-950781.mp3</p><p>If you’ve been to grocery stores, malls or restaurants lately – you might have noticed the people working there are a little older than usual.&nbsp;Young adults haven’t had much luck getting those jobs or other entry level work for the last couple of years.&nbsp;At least <a href="http://www.wtb.wa.gov/Documents/WantedWorkExperienceforYoungAdults.pdf">123,700 Washingtonians between the ages of 18 and 25 years old want a job but can't find one</a>, according to census data and state surveys.&nbsp; Mon, 07 Feb 2011 05:31:34 +0000 Charla Bear 725 at http://kplu.org Jobs scarce for young adults in Washington Senator Cantwell demanding answers in tanker competition after latest Air Force blunder http://kplu.org/post/senator-cantwell-demanding-answers-tanker-competition-after-latest-air-force-blunder <p>US Senator Maria Cantwell (D-Wash.) says the US Air Force contract for the next generation of refueling tankers should not be awarded until questions are answered about the military's latest snafu.&nbsp;</p><p>A decision on who wins the $35-billion contract is expected as early as next month.&nbsp;</p><blockquote><p>In November, the Air Force admitted that it had inadvertently mixed up two packages of information.&nbsp; It sent details of Boeing's bid to Airbus-parent EADS and of <a href="http://www.kc45now.com/index/">EADS's bid</a> to Boeing.&nbsp;</p> Fri, 21 Jan 2011 14:50:13 +0000 Bellamy Pailthorp 600 at http://kplu.org Senator Cantwell demanding answers in tanker competition after latest Air Force blunder Lakewood releases Lewis-McChord growth coordination plans http://kplu.org/post/lakewood-releases-lewis-mcchord-growth-coordination-plans <p>When 17-thousand troops returned from deployments in Iraq and Afghanistan this past fall, Joint Base Lewis McChord became the 3rd largest employer in the state.&nbsp;</p><p>That's according to the City of Lakewood, which <a href="http://www.jblm-growth.com/coordination-plan">has released </a><a href="http://www.jblm-growth.com/coordination-plan">a plan</a> to accommodate the rapid population growth in the communities around the base.&nbsp;</p><p> Wed, 22 Dec 2010 05:02:43 +0000 Bellamy Pailthorp 411 at http://kplu.org Lakewood releases Lewis-McChord growth coordination plans Boeing Increasing Output of Popular 777 Jets http://kplu.org/post/boeing-increasing-output-popular-777-jets <p>Boeing is still struggling to iron out kinks in the production of its new 787 Dreamliner.&nbsp; The company is expected to announce the latest delay for that program this week.&nbsp;</p><p>Meantime, it says demand is so great for its tried and true 777 that <a href="http://boeing.mediaroom.com/index.php?s=43&amp;item=1563">it will be increasing output of that jet</a>.</p><p> Tue, 21 Dec 2010 14:10:49 +0000 Bellamy Pailthorp & The Associated Press 402 at http://kplu.org Boeing Increasing Output of Popular 777 Jets Unemployment Taxes Going Up Again http://kplu.org/post/unemployment-taxes-going-again <p>Washington's <a href="http://www.esd.wa.gov/">Employment Security Department</a> is sending out 2011's tax-rate notices this week to more than 170,000 businesses.</p><p>The agency <a href="http://www.esd.wa.gov/newsandinformation/releases/archives/2010/index.php">says</a> next year's average rate will increase by nearly a full percentage point. &nbsp;Most employers' rates are going up for the second year in a row.&nbsp; It's the highest average rate in more than two decades.&nbsp;</p> Thu, 09 Dec 2010 02:11:20 +0000 Bellamy Pailthorp 318 at http://kplu.org Trusted analyst fuels rumor: tanker bid will go to EADS, not Boeing http://kplu.org/post/trusted-analyst-fuels-rumor-tanker-bid-will-go-eads-not-boeing <p>A leading defense analyst who had previously predicted a Boeing win in the competition to build the US Air Force's next generation of refueling tankers now says Airbus parent EADS will likely get the $40-billion contract.&nbsp;</p> Tue, 07 Dec 2010 01:23:35 +0000 Bellamy Pailthorp 297 at http://kplu.org Trusted analyst fuels rumor: tanker bid will go to EADS, not Boeing Gregoire to call special session on budget http://kplu.org/post/gregoire-call-special-session-budget <p><span class="Apple-style-span" style="line-height: 18px; font-size: 12px; ">Washington Governor Chris Gregoire says she will call a special session of the legislature to address the ballooning budget crisis. The Democrat made the announcement Monday afternoon following a meeting with legislative leaders from both parties.&nbsp;</span></p><p style="margin-top: 0px; margin-right: 0px; margin-bottom: 1.5em; margin-left: 0px; padding-top: 0px; padding-right: 0px; padding-bottom: 0px; padding-left: 0px; border-top-width: 0px; border-right-width: 0px; border-bottom-width: 0px; border-left-width: 0px; border-style: initial; border-color: initial; font-weight: inherit; font-style: inherit; font-size: 12px; font-family: inherit; vertical-align: baseline; "> Tue, 07 Dec 2010 00:50:28 +0000 Austin Jenkins 295 at http://kplu.org Gregoire to call special session on budget Protests to greet state lawmakers as budget cuts loom http://kplu.org/post/protests-greet-state-lawmakers-budget-cuts-loom <P>Washington lawmakers return to Olympia this week, but not for a special session. They're getting organized for the regular session in January. That will bring out advocates who plan to stage protests over looming budget cuts. Mon, 06 Dec 2010 13:08:01 +0000 Austin Jenkins 288 at http://kplu.org Protests to greet state lawmakers as budget cuts loom