In the week ending June 27, the advance figure for seasonally adjusted initial claims was 1,427,000, a decrease of 55,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 1,480,000 to 1,482,000. The 4-week moving average was 1,503,750, a decrease of 117,500 from the previous week's revised average. The previous week's average was … [More]
Arizonan Appointed to National Small Business Development Center Advisory Board
SBA Administrator Jovita Carranza announced the appointment of six new members to the National Small Business Development Centers (SBDC) Advisory Board. “We are delighted to welcome new board members who bring with them a strong business acumen and extensive knowledge to the SBDC Advisory Board,” said SBA Administrator Jovita Carranza. “The SBDC Advisory Board has played an … [More]
Small Business Labor Market Remains Weak in June
The NFIB Research Center released its monthly jobs report, showing the small business labor market has further weakened in June. Firms reduced employment by 0.28 workers per firm over the past month, weaker than the decrease of 0.17 workers per firm in May. Unchanged from last month, 6% reported increasing employment an average of 2.6 workers per firm and 22% (up one point) … [More]
AvAir CEO, Mike Bianco, Named in Airline Economics’ ’40 Under 40′ List
Mike Bianco, CEO of AvAir, an industry leading inventory solutions provider for the aviation aftermarket, has been named in Airline Economics’ “40 Under 40” list for a second year. The 2020 list is comprised of young talent across all sectors of the industry, including bankers, lawyers, airline executives and others. Recipients of the award are nominated via votes cast by … [More]
Walmart Celebrates 6,400 Veterans Hired in Arizona
Marc Penterman served 20 years in the Air Force prior to joining Walmart just eight months ago. He worked as an Assistant Manager overseeing Home Lines and is now responsible for a team that restocks the shelves for a store in Phoenix, Ariz. “When I started working at Walmart less than a year ago, they gave me a Veteran badge to wear and it made me very proud,” said Marc … [More]
Law Group donates $30,000 to Homeless Families
Rack Law Group, PLLC, is pleased to announce a charitable contribution in the amount of $30,000 to purchase laptops for kids to ensure that they can engage in remote learning and complete schoolwork during this time of crisis. This commitment follows the law firm’s collaboration with The Infinite Bond Foundation, a 501(c)(3) charity that has worked closely with A New Leaf to … [More]
Local Business Pivots to offer Remote Health and Wellness Solutions
As employers enter the 'new normal' of managing health and wellness during Covid, one Tempe company has pivoted to meet needs of a remote workforce. Risk Assessment Group, a 20-year-old accredited employment screening company has launched a sister business, The Benefit Guard, with its premier service being Teledoc consults. Teledoc services allow people who may otherwise be … [More]
Adrienne Bryant’s Letter to Rick
Dear Rick: Throughout this entire Covid-19 situation, people have felt the need to share as much information as possible about resources provided by the CDC, municipalities and various medical providers. It seems thousands of resource pages were put together almost overnight. And don't get me wrong, that was a great thing. Whenever people are working together to share … [More]
Cost Transparency Can Increase Sales 20%
Businesses don’t typically disclose information to consumers on how much it costs to produce a product. However, the study “Lifting the Veil: The Benefits of Cost Transparency” we recently conducted — along with our colleague Leslie John of Harvard Business School — provides evidence that doing so can increase consumers’ purchase interest by more than 20 percent. We also found … [More]
Jobs, Wages and Value
As business tries to gear back up from the COVID-19 shutdown, the health of the economy is a major concern. Businesses are concerned about their profitability, and employees are concerned about their wages. Business.org, a company that researches and compares the top business products and services, conducted a study on pay rates across the country for the “essential … [More]
Phoenix Facility a Leader in Testing Hand Sanitizers and Other Skincare Products
The market for skincare products is growing rapidly. By 2025, the global market will be worth an estimated USD 189.3 billion. In the US alone, total sales of facial skincare products were estimated at USD 62.3 billion in 2018, with total revenue for all skincare products at around USD 17.78 billion. Consumers are clearly keen to buy skincare products. In the U.S. and many other … [More]
Looking Good 2020 – July Standouts
Achievements Southwest Behavioral & Health Services: Healthy Arizona Worksite Southwest Behavioral & Health Services, an innovative leader in behavioral health, was recognized last month by the Healthy Arizona Worksites Program — a public health initiative offered by the Arizona Department of Health Services and the Maricopa County Department of Public Health.— for … [More]
