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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Apr 21, 2022
Page
8
The Labor Department releases the weekly tally of initial unemployment claims. First-time job aids indicate layoffs are at healthy pre-pandemic levels with few layoffs and a robust labor market despite a two-week rise to 185,000. Economists expect last week’s claims to drop to about 178,000.
A reader weighs Netflix alongside four family subscriptions, saying they would keep Netflix and pay for the four in their household even if costs rise. The remark reflects cautious streaming budgeting amid changing prices.
City forestry officials report ornamental pear trees have spread beyond plantings, with hundreds of volunteer trees found across parks. Plans to remove and replace trees are under discussion, while arbor day honors and Tree City USA status highlighted the annual meeting. Estimates show last year the division removed 600 dead or damaged trees and planted 583, with goals to beat those numbers while addressing invasive species including honeysuckle.
The streaming video giant reported a user decline for the first time in over ten years and warned the rate of losses will quicken this quarter. Shares traded around 226.19 while the stock moved sharply after hours.
The Legislature opened its session with forecasts of nearly 3.8 billion dollars in cash reserves by June 2023. Kelly proposed setting aside 600 million for emergencies while GOP members pushed to use 1 billion of surplus funds for the state pension. Lawmakers seek a 1.1 billion surplus transfer to pensions. Kelly signed a measure granting a 5 percent pay raise for state workers and enabling higher payments to income service providers for elderly and disabled Kansans, plus 95 million for workforce training in higher education.
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