S.A. sees 1st annual job loss in 5 years
03/31/2009San Antonio Express-News
Pack, William
The state and San Antonio-area job markets continued to struggle in February as both saw job counts decline from February 2008 — the first decline in more than five years.
San Antonio's nonfarm job total hit 845,000 in February, according to the newest report from state work force, released Thursday. That's 800 less than the jobs total in February 2008.
Statewide, the employment total reached 10.5 million in February. That's 62,600 fewer — a 0.6 percent decline — from a year earlier.
“Texans are facing tough economic times now with significant statewide job losses,” Texas Workforce Commission Chairman Tom Pauken said.
San Antonio's employment report was not all bad, however.
February's job total was 7,700 more than a month ago, an increase that could be partly due to the larger-than-normal ... Read the full article at the San Antonio Express-News - Online.
Economics professor to dissect recession
03/24/2009San Antonio Express-News - Online
Steven Nivin, an economics professor at St. Mary’s University, will talk about how the federal stimulus package can help San Antonio at 9:20 a.m. today at the University Center in conference room A.
Nivin, an economics expert, will take an in-depth look at ... Read the full article at the San Antonio Express-News - Online.
Global recession sneaking into San Antonio
02/11/2009San Antonio Express-News - Online
Steve Nivin
The San Antonio and Texas economies have, to some extent, resisted the trend of economic decline being experienced around the globe.
But the drag from the national and global recession is starting to impact our local economy in force.
I still do not believe the economic slowdown in San Antonio will be as bad in other regional economies, but that is about as much as I can sugar coat it.
I believe as you look through this report you will see that the recession is already starting to... Read the full article at the San Antonio Express-News - Online.
Hispanic Chamber of Commerce to celebrate its 80th anniversary
01/30/2009San Antonio Express-News - Online
Marissa Villa - Conexin
Since the start of the Great Depression, Hispanic business owners in San Antonio have had an organization dedicated to helping them succeed.
The San Antonio Hispanic Chamber of Commerce will celebrate its 80th anniversary at their annual installation banquet, which will be held Jan. 30 at the Grand Hyatt Hotel with Gov. Rick Perry as keynote speaker.
The role that it served then was to be an association to help Mexican and Hispanic owned businesses support each other in an environment that was not very supportive, said Ramiro Cavazos, the chamber's president and CEO. Here it is, 80 years later and we're still doing that.
The chamber, which was the first of its kind in the country, started out as the Mexican Chamber of Commerce and has gone through two name changes since. Its role then was different than what it is now since the necessities of the Hispanic business community have changed over time.
During the chamber's first years the focus was harmony between the U.S. and Mexico... Read the full article at the San Antonio Express-News - Online.
Fire Department's overtime is highest
01/25/2009San Antonio Express-News - Online
Greg Jefferson and Kelly Guckian - Express-News
The San Antonio Fire Department racked up the most overtime in city government in the past couple of years, largely because of a shortage of support personnel. Some workers put in enough extra hours to double their pay with overtime.
The department spent $13.1 million in overtime pay in the first seven months of last year, far more than any other division, according to a San Antonio Express-News analysis of city data.
The Police Department, with 2,700 full-time employees compared to the Fire Department's 1,621, was the next closest at $9.4 million.
The analysis also showed the racial and ethnic makeup of city government mirrors San Antonio at large, including a drop-off of minorities and women when it comes to higher-paying positions.
Among the newspaper's other findings:
Pay ranged from $275,000 for City Manager Sheryl Sculley to $18,200 for a public health aide. The council recently voted... Read the full article at the San Antonio Express-News - Online.
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An economic think tank dedicated to researching regional economies and their developments. |
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If you would like more information about the SABÉR Research Institute, please contact: Steve Nivin, Ph.D., Director and Chief Economist (210) 639-5587 snivin@stmarytx.edu steven@sahcc.org |
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