GF Business News
Doug Barrett | Aug 8, 2020 AT 5:48 pm
Economists say that U.S. employers likely added 1.6 million jobs in July. That would normally be a scintillating job gain. Yet it would still fall far short of June's 4.8 million increase and May's 2.7 million gain. It would show that hiring has weakened. The U.S. jobs report comes out this morning. The unemployment rate is expected to have declined from 11.1% to 10.5%, which would still exceed the highest rate during the Great Recession.
The Labor Market Information Center has released the latest Online Job Openings Report - a monthly summary of online job openings and active résumés from Job Service North Dakota’s labor exchange system. North Dakota had a total of 11,760 open and available online job openings in July 2020, a change of +3.4 percent (+391) from the prior month and -14.0 percent (-1,922) from the same month one year ago.
Ford Chief Operating Officer Jim Farley will lead the storied automaker into the future starting Oct. 1 when current CEO Jim Hackett retires. The company has struggled in recent years and is in the midst of an $11 billion restructuring plan designed to make it leaner and crank out new vehicles to replace what was an aging model lineup.
As the pandemic drags into the new school year, it is upending the back-to-school shopping season. That's the second most important period for retailers behind the holidays. Parents are buying less dressy clothing and more basics for their kids, while stepping up purchases of masks and other protective equipment as well as electronics.
Hotel and home-sharing reservation site Booking.com plans to lay off 25% of its workforce - or more than 4,000 people - due to the impact of the new coronavirus on travel. The company said the number of room nights booked plunged 43% in the first quarter and were expected to drop even further between April and June.
Ameriprise Financial has been named one of the "2020 Best Places to Work" by the Minneapolis-St. Paul Business Journal. Ameriprise is headquartered in Minneapolis with more than 5,000 employees located in Minnesota. The publication surveyed employees on a range of workplace dimensions, including company culture, communication efforts, leadership and benefits.
The Grand Forks Planning & Zoning Commission this week approved a request to rezone the Kmart site from a B-2 to B-3 General Business District. Developers are hoping to transform the shuttered big box store into retail space in the front and storage lockers in the back.
Eunice Kuhn of Grand Forks has been appointed to the AARP North Dakota Executive Council. Kuhn is a volunteer AARP “Fraud Fighter,” providing fraud prevention classes in Grand Forks and the region. She has also been an AARP community volunteer, assisting at AARP-sponsored events in Grand Forks. Kuhn is a native of Minto, N.D. She earned a degree in education with a major in art and a minor in English from the University of North Dakota.
The North Dakota Department of Commerce Tourism Division encourages North Dakotans to submit entries for the 2020 North Dakota Governor’s Photo Contest for Travel and Tourism before the entry deadline of Aug. 31. The annual Governor’s Photo Contest has grown significantly since its inception in 2004, when 300 submissions were received. Approximately 10,900 photos have been submitted in the years since.
The North Dakota Department of Agriculture has scheduled the 2020 Pride of Dakota Holiday Showcase season dates. Pride of Dakota Holiday Showcases are scheduled for Nov. 6-8, in the Alerus Center, Grand Forks and Dec. 4-6, in the Bismarck Event Center, Bismarck. Dates for Minot and Fargo have been canceled this year. Ag Commissioner Doug Goehring says after careful consideration and consultation with the guidelines for holding larger events, the logistics of applying the guidelines in the Minot and Fargo facilities would drastically limit the number of shoppers that could participate.
Altru Health System in Grand Forks has received the American Heart Association/American Stroke Association’s Get With The Guidelines®-Stroke Gold Plus Quality Achievement Award. Altru earned this award by achieving and maintaining specific quality measures for the diagnosis and treatment of stroke patients. Altru also received the American Heart Association’s Target: Type 2 Diabetes and Honor Roll Elite Award.