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11.05.2009 12:14 pm

New firms create two-thirds of new U.S. jobs

St. Louis Post-Dispatch

We’ve written recently about St. Louis’ lack of small-business job growth,  and today a new Kauffman Foundation study reminds us why this issue is so important. Analyzing U.S. Census data for 2007, Kauffman says that two-thirds of all net job creation…

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11.04.2009 3:44 pm

Washington U reports 92% placement rate for MBA grads

St. Louis Post-Dispatch

A few years ago, an MBA degree seemed like an instant ticket to riches. The typical graduating MBA would deluged with job offers, complete with signing bonuses and other nice perks. That, however, was before the Wall Street meltdown. Now,…

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10.30.2009 10:41 am

More evidence of St. Louis’ small-business shortcomings

St. Louis Post-Dispatch

As I mentioned in Sunday’s column, St. Louis University economist Jack Strauss thinks the lack of an entrepreneurial culture is a big reason why St. Louis has a tortoise-like economy. At a conference Thursday sponsored by SLU’s Simon Center for Regional…

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10.13.2009 1:52 pm

Fed’s Kohn sees recovery getting stronger

St. Louis Post-Dispatch

The economy is already recovering from recession and will get stronger in 2010, Federal Reserve Vice Chairman Donald Kohn said today in St. Louis. The recovery is being driven by a slowing of inventory liquidation and an improvement in home building, he said.

However, like…

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10.12.2009 2:43 pm

Economists say recession is over, but jobless rate will stay high

St. Louis Post-Dispatch

Members of the National Association for Business Economics think that the recession is over, but that the unemployment rate will remain almost as high a year ago from now as it is now today. Those are the highlights of a…

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10.12.2009 12:54 pm

Job market remains a big problem, Summers says

St. Louis Post-Dispatch

Presidential adviser Larry Summers started his speech in St. Louis today on an optimistic note, discussing the economy’s improvement in the past few months, but he quickly switched to talking about ways in which the glass is half empty. Summers,…

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09.30.2009 3:35 pm

Auto employment in St. Louis shrinks to just 700

St. Louis Post-Dispatch

After reading STL JobWatch’s update on the unemployment situation in St. Louis, I headed for the Bureau of Labor Statistics website to refresh my knowledge on where the jobs are being lost. There are no surprises in the big industry categories, which I’ll…

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09.24.2009 3:24 pm

St. Louis economy continues to weaken, Fed says

St. Louis Post-Dispatch

When the Federal Reserve released its Beige Book economic survey a couple of weeks ago, the St. Louis region was the only area that didn’t report stable or improving economic conditions. It should be no surprise, then, that when the St.…

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09.21.2009 1:59 pm

Missouri and Illinois economies both get grades of “C”

St. Louis Post-Dispatch

The Corporation for Enterprise Development, which espouses policies that help Americans build savings, start businesses and buy homes, gives middling marks to both Missouri and Illinois.

Both states got solid C’s on CFED’s latest Assets and Opportunity Scorecard. That’s better than…

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09.10.2009 10:55 am

Enterprise moves up on career-launch list

St. Louis Post-Dispatch

BusinessWeek is out with its 2009 ranking of best places to launch a career, and it was tough to find employers that are still doing a lot of hiring. That makes Enterprise Rent-A-Car, which had filled 3,950 entry-level positions this…

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