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US Unemployment Rate Is Now Lower Than 6 percent – Lowest Level Since 2008

Total nonfarm payroll employment increased by 248,000 in September, and the unemployment rate declined to 5.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in professional and business services, retail trade, and health care. Household Survey Data In September, the unemployment rate declined by 0.2 percentage point to 5.9 percent. The number […]

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Collaboration between the City of Chicago and Neighbouring Counties Leads to Metro Chicago Exports Launch

Cook County Board President Toni Preckwinkle, Chicago Mayor Rahm Emanuel, DuPage County Chairman Dan Cronin and the Chief Executives of Kane, Kendall, Lake, McHenry and Will Counties joined together with JPMorgan Chase, the Brookings Institution, founders of the Global Cities Initiative, and World Business Chicago today to launch Metro Chicago Exports. Metro Chicago Exports is […]

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Macomb Community College and JPMorgan Chase Launch $2.7 Million Fund to Support Detroit-Area Entrepreneurs

Warren, Mich. – Macomb Community College and JPMorgan Chase today announced the Innovation Fund, a nearly $3 million effort to stimulate economic development and job growth among promising Detroit-area entrepreneurs and next-stage companies with high-growth potential. Part of JPMorgan Chase’s $100 million commitment to Detroit’s economic recovery and managed by Macomb Community College, the Innovation […]

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GM to Add Third Shift, 750 Jobs at Wentzville Assembly Operations Expanded To Meet Market Demand

WENTZVILLE, Mo. – General Motors will add a third shift at its Wentzville Assembly plant, creating an estimated 750 new jobs, to build the all-new Chevrolet Colorado and GMC Canyon midsize pickups and Chevrolet Express and GMC Savana full-size vans. Dealers have ordered nearly 30,000 Colorados, which is very high for early orders. With the […]

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Uber Commits to Bring On 50,000 Veterans Toward U.S. Chamber’s Hiring 500,000 Heroes Effort

WASHINGTON, D.C.—The U.S. Chamber of Commerce Foundation’s Hiring Our Heroes program announced today a partnership with Uber that will help the company bring 50,000 veterans, service members, and military spouses onto the Uber platform as partner drivers over the next 18 months. Uber is making its commitment as part of the U.S. Chamber’s Hiring 500,000 […]

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LABOR DAY 2014: History and Outlook of Labor In The United States

Labor Day, the first Monday in September, is a creation of the labor movement and is dedicated to the social and economic achievements of American workers. It constitutes a yearly national tribute to the contributions workers have made to the strength, prosperity, and well-being of our country. Through the years the nation gave increasing emphasis […]

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Sacramento Mayor and Starbucks Create Pathways to Opportunity for Young Job Seekers

Grinding coffee beans, a whirring blender, or the hiss of steaming milk are not the sounds you would expect to hear at a mayor’s town hall. Last night (August 13, 2014), however, a Starbucks store on Alhambra Boulevard in Central Sacramento became the setting for a meeting with Mayor Kevin Johnson and over 50 community […]

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Wells Fargo Launches Startup Accelerator for Financial Services-Inspired Tech Innovators

Wells Fargo (NYSE:WFC) today began accepting applications through October 1 from young companies interested in joining the new Wells Fargo Startup Accelerator, a semiannual boot camp for innovators whose technology ideas in payments, deposits, fraud, operations and other fields could shape future customer experiences in financial services. Wells Fargo will make a direct equity investment […]

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Chase Joins UP Global in Celebrating Entrepreneurs by powering Startup Weeks

NEW YORK, – Chase today announced a partnership with Seattle non-profit UP Global to present Startup Week powered by Chase, a community-led celebration of entrepreneurs. The national sponsorship grew out of Chase’s title role in Denver Startup Week, the largest free entrepreneur event in North America. Startup Week features a platform of locally-organized events, as […]

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New Commerce Department Efforts to Strengthen Trade And Investment Between The United States and Africa

U.S. Secretary of Commerce Penny Pritzker highlighted a number of Department of Commerce efforts and future commitments under President Obama’s Doing Business in Africa (DBIA) campaign at the U.S.-Africa Business Forum. The Forum, a day focused on trade and investment opportunities on the continent, is a part of President Obama’s broader U.S.-Africa Leaders Summit, the […]

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