Business News: New GFK flights… jobs… MPO changes
US employers created a modest 199,000 jobs last month as the unemployment rate fell sharply at a time when businesses struggled to fill jobs, with many Americans reluctant to return to the workforce. The Ministry of Labor’s employment report showed that the country’s unemployment rate fell from 4.2% to a healthy 3.9%, proof that many more people found jobs in the past month.
The Labor Market Information Center has released the latest Online Job Vacancies Report (OJOR), a monthly summary of online job vacancies and active resumes from the Labor Exchange System. artwork by Job Service North Dakota. North Dakota had a total of 17,073 open and available online job vacancies in December 2021, a change of -2.9% (-507) from the previous month and + 32.6% (+ 4,199) compared to the same month a year ago. Grand Forks County had 1,621 job openings (+434).
Average long-term mortgage rates in the United States rose from 2022. They hit their highest level since May 2020, at the height of the coronavirus pandemic, but remain historically low. Mortgage buyer Freddie Mac reports that the 30-year average benchmark home loan rate fell to 3.22% this week from 3.11% last week.
Home sales were flat in Grand Forks and East Grand Forks in December. The Grand Forks Board of Realtors reports that 70 homes and condos were sold last month. This compares to 74 in 2020â¦ 46 in 2019â¦ and 40 in December 2018. The average selling price last month was $ 226,458.
Allegiant Air orders new planes from Boeing. This is a victory for Boeing as Allegiant’s current fleet is made up entirely of jets from its European rival Airbus. Allegiant said on Wednesday it would buy 50 Boeing 737 Maxs and take options for 50 more. Terms of the deal were not disclosed. The list of planes costs between $ 99 million and $ 122 million each, but airlines regularly enjoy big discounts. Allegiant says it will take delivery of the planes from 2023 to 2025.
Passengers wishing to take a flight from Grand Forks Airport now have a few additional options to choose from. Delta added a fourth daily round trip connection between the GFK and MSP this week. This decision adds 50 additional seats between the two markets. Allegiant has also returned to service after taking her leave in December due to staffing and modernization of new aircraft. Allegiant provides GFK service in Las Vegasâ¦ Phoenixâ¦ and Orlando.
The New York Times Co. is buying sports news site The Athletic for $ 550 million. This is the Times’ latest move in its strategy to expand its audience of paid subscribers as the print newspaper industry recedes. Athletic’s website says it has more than 400 editorial staff, making it a major acquisition for The Times, which has a newsroom of more than 2,000 people.
New debt collection rules now allow debt collectors to use emails, texts and social media messaging to track down consumers looking to repay their debts. Consumers in Minnesota are still in control to specify the method of communication that a debt collector can use. The new rules also place more restrictions on how often collection agencies can contact consumers. A collection agency cannot attempt to call a consumer more than seven times within seven days for each account in collection.
North Dakota Lottery Sales and Marketing Manager says people continue to play lottery games. Ryan Koppy says unaudited numbers show a $ 2.7 million increase in lottery sales in fiscal 2021, compared to 2020. He says Powerball is the big money generator – but the other games – including Mega Millions and Two By Two – are doing well as well.
Altru’s new CEO will officially take office on February 28. Todd Forkel is from a South Dakota nonprofit health care system. Prior to his most recent role at Avera, he held leadership positions at Essentia Health, Innovis Health and Mayo Clinic.
Grand Forks / East Grand Forks Metropolitan Planning Organization Executive Director Earl Haugen has announced his retirement. Haugen has been with DFO since 1993. His last day of work will be February 25th. A search for his replacement will soon start.
The North Dakota Department of Commerce’s Tourism and Marketing Division has launched a new and improved website. The improved site is designed to showcase the vibrancy of the state with a new look and improved usability. NDtourism.com received 2,155,110 visits and provided 281,712 referrals to partner sites in 2021. Site traffic increased by 26% in 2021 in addition to an increase of 52% in 2020.
New data from the music industry confirms what many people have long suspected – 2021 has been a very good year for Morgan Wallen, Adele and vinyl. MRC Data’s year-end report, co-produced with Billboard, shows Wallen’s “Dangerous: The Double Album” finished 2021 as both best country album of the year and most popular album across all genres, with 3.2 million equivalent album units earned. during the year. Adele’s “30” recorded the best-selling debut album in four years.