Job creation in metropolitan Knoxville will proceed at a cautious pace in the first quarter of 2014, according to the Manpower hiring survey released today.
Thirteen percent of Knoxville area employers surveyed said they plan to add jobs in the January through March period, while 9 percent expect to cut staff for a Net Employment Outlook of 4 percent.
Seventy-four percent of Knoxville employers said they would maintain current staffing levels.
Statewide, the outlook is a bit more optimistic as 16 percent of the employers surveyed said they would increase staffing and 7 percent said they would reduce staffing, Manpower reported.
Employment sectors offering the best job prospects in the Knoxville area in early 2014 are durable goods manufacturing , wholesale and retail trade, education and health services, leisure and hospitality and government, according to the survey
Area employers in the transportation and utilities; and professional and business services sectors plan to cut jobs in the first quarter, Manpower reported.
More than 18,000 employers across the country are surveyed for the quarterly Manpower Employment Outlook survey.
Click here for the full Manpower Employment Outlook Survey.
Knoxville businessman Scott Schimmel has joined small business owners from the country on the National Small Business Advisory Board for the Alliance for Main Street Fairness.
The alliance is an advocacy group lobbying for passage of a federal law closing the loophole that allows online-only retailers avoid collecting sales tax.
The Marketplace Fairness Act has passed the Senate and now awaits action by the House. Passage by the Republican-dominated House is not guaranteed, but the bill does have some measure of bipartisan support.
Tennessee Republican Sens. Lamar Alexander and Bob Corker both support the bill. As does Tennessee Gov. Bill Haslam, who sees the bill as a way to increase tax revenue without adopting new taxes.
Click here for more on the Alliance for Main Street Fairness.
Teenagers should have an easier time finding a job this
summer, according to a recent report by outplacement consultancy Challenger,
Gray & Christmas.
Summer will bring more job opportunities for 16- to
19-year-olds, but there will be competition from recent college grads and older
workers, John A. Challenger, CEO of
Challenger, Gray & Christmas, said in a news release.
“Employment gains for teens in May, June and July should
surpass last year’s levels,” the news release says.
Tennessee is in the bottom half of a new study that measures the tax burden businesses would face in each of the 50 states.
The Tax Foundation study released today ranks states based on the tax liability for both mature and new businesses. Tennessee is 29th in both categories, which means it has a heavier tax burden than most of the country.
“Corporate taxes on the state level rarely treat all comers equally, leading to sometimes dramatic disparities in the cost of doing business,” Tax Foundation president Scott Hodge said in a news release. “Tax preferences and incentive deals can distort the playing field based on how long a business has been operating, whether it’s a manufacturing or retail operation or whether it’s moved from another state to set up shop.”
Boat maker Sea Ray Group has expanded its global retail network with the addition of 22 new dealerships in nine countries, the Knoxville-based company said Friday.
Brunswick Corp. apparently isn’t listening to the doomsayers on cable TV who say the world economy is circling the drain. The retail expansion follows an announcement last month that the company is building a 150,000 square-foot manufacturing plant in Brazil to make Sea Ray and Bayliner brand boats.
The second biggest retail event of the year is here – back-to-school spending. K-12 and college spending is expected to reach $68.8 billion a year, the National Retail Federation reported Thursday.
Only the Thanksgiving-Christmas holiday season generates more retail revenue.
Back-to-school spending per family will be flat, according NRF’s 2011 Back-to-School survey. The average family with K-12 kids will spend $603.63 on school supplies, electronics and clothes, according to the survey.