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Lawrence Journal World in Lawrence, Kansas

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Articles on This Page

This newspaper page contains 9 articles. Subscribers can read the full text of each article.

Newspaper

Lawrence Journal World

Location

Lawrence, Kansas, United States of America

Date

Sep 15, 1994

Page

8

Phantom jobs color the economy says Sindlinger

AP interview with business analyst Albert Sindlinger warning about phantom jobs and biased labor statistics. He claims 4.3 million jobs cited over 19 months include 2.5 million non existent positions, producing $75 billion in GDP wages while masking real unemployment near 10 percent. He criticizes Bureau of Labor Statistics bias amid corporate restructuring.

Albert Sindlinger Sindlinger Clinton Bureau of Labor Statistics

July inventories rose 0.3 percent in 1994 data

Commerce Department reports July inventories up 0.3 percent to $891.5 billion, the fourth small gain in a row after May’s 1.2 percent surge and June’s 0.4 percent rise. July sales slipped 0.8 percent to $627.7 billion, keeping the inventory to sales ratio at 1.42.

Washington Commerce Department

EDUCOM Credit Union Formed From Telco and Lawrence Educators

Telco Credit Union and Lawrence Educators Credit Union merge to create EDUCOM Credit Union effective October 1. The union relocates to 3320 Mesa Way Suite A with new hours 9 to 6 Monday Wednesday and 9 to 3 Tuesday Thursday Friday. An open house runs 3 to 6 p.m. October 20. Gin ger Wehner will remain EDUCOM manager, noting extended hours and added services improve capital and liquidity.

Telco Credit Union Lawrence Educators Credit Union Educom Credit Union Mesa Way Suite A Ginger Wehner Educom

Decor firms merge to form Midwest Cabinet Co Inc

Ottawa based Midwest Cabinet Co Inc will merge Ottawa unit Midwest Cabi net Co and Rome Manufactur ing as two of the Midwest's largest commercial interior decor manufacturers. A new production facility in Ottawa will house combined design and manufacturing operations, said Edward G. Bessette, president and general manager.

Midwest Cabinet Co Rome Manufacturing Midwest Midwest Cabinet Co. Inc Ottawa Edward G. Bessette

Market Wrapup Preview for Saturday Journal-World

Local readers are urged to watch for the complete market wrapup in Saturday’s Journal-World. The feature will summarize stock moves, commodities, and related finance news with insights for shoppers and investors.

Journal-World

Beech Aircraft to Cut 500 Jobs in Kansas amid Merger

Beech Aircraft will lay off 450 workers in Wichita and about 40 in Salina as winter layoffs begin, part of a merger with Raytheon Corporate Jets. The combined Raytheon Aircraft Co. projects annual sales of 1.7 billion dollars, with about the same number of jobs expected to return in coming years.

Beech Aircraft Kansas Beech Wichita Salina Elizabeth Allen Raytheon Lexington Mass

AT&T urges telecommuting. not a holiday

AT&T asks workers to stay home September 20 to show commitment to telecommuting using phone or computer links. Link Resources reports 8.8 million U S employers telecommute, up from 7.6 million last year.

At&t Link Resources

Jobless claims dip to three week low in Sept

The Labor Department reported 327,000 first time unemployment claims for the week ending Sept 10, down 3,000 from the prior week. The four week moving average rose slightly to 328,250, the highest since Aug 6, with claims adjusted for seasonal variation and seen as a labor market signal.

Washington Labor Department

Market quotes and cattle sales update across midwest regions

Morning market snapshot covers Midland Elevator grain prices for wheat corn milo and soybeans. Omaha and St Joseph note hogs cattle and sheep quotations with barrows gilts and sows down or steady and slaughter totals. Metal prices from New York and London exchanges listed, plus Kansas City feedlot sales activity and week-to-date totals for cattle and steers and heifers with weights and prices. rates from Commerce Bank of Kansas City.

Midland Omaha, Neb USDA Omaha U.S St. Joseph Dopee City Kansas

Also Mentioned on This Page

Associated Press Business Diaia Pecess NPC Applebee’s O'Reilly Auto Payless Cash Cameo Intata JC Penney Casey's Pepsico Dayton-Hu Sallie Mae FMC Santa Fe Sealright Goodyea Sears Hercules Sthwest Bell Kmartel Ts Trinova Kroger Wal-Mart Xu Nadls Kasold Lawrence Mel Sitaels Omaha Livestock New York London Wed Gopper Comex St. Joseph Livestock Handy & Harman N.Y Dodge City Livestock Commerce Bank of Kansas City N.A Commerce Bank Canada France Germany Great Britain Italy Japan Mexico Switzerland Marx Brothers Bank IV FDIC Kansas, N.A
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