Economics

The first economic data for 2023 is in, and it isn’t good news for the Augusta Metropolitan Statistical Area (MSA). Employment fell by 2,000 from December to 242,200 which was its lowest level since March 2022. By comparison, employment in the state of Georgia rose by 16,600, and 8,900 in South Carolina. Nationally, the economy added 517,000 jobs in January. Most industries increased employment at the national level, with leisure and hospitality leading the way. Employment in these areas increased by 128,000. Likewise, the Augusta MSA leisure and hospitality jobs

When Neil Gordon told me that he was planning a weekly special issue of the Augusta Business Daily focused on Economic Development, I wholeheartedly thought it would be a great idea and definitely wanted to be a part of it. Upon my arrival in Augusta and the CSRA a little over six years ago, I quickly realized that this area had many of the pieces in place for significant economic development and in those six years, additional important pieces have been put in place. In this, my first column for

Workers in the United Kingdom overwhelmingly like a four-day week, according to a new report from Autonomy Research in collaboration with a global team of academics. Surveys of workers found that 39% of employees were less stressed and 71% had reduced levels of burnout. Employees also reported better life-work balance with 54% saying it was easier to balance work with household jobs and 60% reporting an increased ability to combine work and care responsibilities. Businesses also reported positive effects. Revenue increased marginally by 1.4% but there was a huge fall