Archive of: Work Force

Title Issue

Owners are no longer in denial about home values

American homeowners' perceptions of the value of their own homes moved more in line with reality at the end of 2008, at least when it came to hindsight. More than half believe their own home lost value during the year, according to the recent Zillow Homeowner Confidence Survey. This is markedly more than the 38 percent who believed their home's value was declining when asked during the second quarter of 2008.

February 2009

More counties added to disaster benefits roster

Workers in Grays Harbor and six other counties may now be eligible for disaster unemployment benefits if they lost their jobs or cannot work because of the storms and flooding that struck the region in January.
 
Residents of these counties have until March 11, to apply for the benefits. 

February 2009

Tacoma traffic troubles starts Friday

Getting from the Tacoma Narrows Bridge to Interstate 5 is going to take more time the next few years, because traffic changes required to build a new State Route 16 Nalley Valley viaduct will cut into lanes used to flow traffic along that main route.

"Traffic flow through Tacoma will bog down during construction, but the local economy gets a boost as this project creates more than 200 full-time construction-related jobs over the next three years," said Washington State Department of Transportation administrator Kevin Dayton.

February 2009

State tax collections fall short again

Washington's General Fund for the last month fell short of the tax collection forecast set in November.

Total receipts for the month were $62.6 million, or 5.3 percent, lower than expected. That makes the running total now $200 million short since the November collection forecast. The cumulative shortfall since the November forecast is now $196.8 million, down 5.1 percent, from initial projections.

February 2009

REI post loss, announces local layoffs

Outdoor retailer Recreational Equipment Inc. announced 2008 sales totaled $1.4 billion, an increase of 6.9 percent from the previous year.

Reflecting the challenging economic environment, however, REI's operating income for the year dropped 31 percent to $73.6 million. Net income was down 65 percent from $41.4 million in 2007. 

February 2009

Economic chill hampers two big projects in the area

What was going to be a commercial and industrial hub in South Tacoma will remain a vacant lot for a bit longer than first expected now that the developers of the site have backed away from their construction plans. The site could have created up to 900 jobs.

ProLogis has formally ended plans to construct a 115-acre industrial park just off South Tacoma Way on property that was once a railroad service center. BNSF Railway, the parcel's owner, will continue the permitting process based on those plans and seek another developer of its propert

February 2009

Phone scam targeting Hispanic businesses

The Washington Attorney General is alerting Hispanic business owners about a phone scam in which Spanish-speaking callers claim to be representatives of an insurance company.

Hispanic business owners around the state have reported receiving phone calls from callers, who claim to be from "the insurance company." In some cases, the callers also provide the names of actual insurance companies and/or agents.

February 2009

State error that caused false refunds might cost businesses

Department of Labor and Industries officials say the agency has now corrected a duplicated line of computer coding that inflated the refund payments given to businesses through the state's Retrospective Rating Program.

That means businesses using the program will receive smaller refund checks beginning this month. And they might also have to pay back those refunds dating back to three years ago. The department is having state's attorney review the case, but three years is the maximum.

February 2009

People on the move

AAA Washington has hired Lori Camping and Rose Johnson as insurance agents at its Tacoma Service Center. Camping and Johnson will specialize in personal-lines insurance including auto, home and life, customizing programs so that clients receive the best value for their dollar.

February 2009

Washington farmers want a legal workforce

The Washington Farm Bureau and other agriculture-related groups are turning up their political heat for the passage of House Bill 1896, which is scheduled for public hearing before the House Committee on Commerce and Labor tomorrow.

Despite record numbers of unemployed workers, there are still not enough legal seasonal workers available to meet the demand. But many of these available workers are not authorized to work here because of their immigrations status.

February 2009
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