Chicagoist | Groupon looks to buy Wrigley Building: report MarketWatch CHICAGO (MarketWatch) รข€" The founders of Groupon Inc. are in talks to buy the historic Wrigley Building in Chicago, according to media reports. Crain's Chicago Business reported that Brad Keywell and Eric Lefkofsky are ... Report: Groupon founders could buy Wrigley Building on Michigan Source: Groupon among those in talks to acquire Wrigley Building Report: Groupon may move into Wrigley Building |
Sunday, August 21, 2011
Groupon looks to buy Wrigley Building: report - MarketWatch
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Friday, August 19, 2011
UTMB starts post-Ike building surge - Austin Business Journal:
axilecyqih.wordpress.com
billion worth of construction projects that will likely draw the attentiojof local, regional and national building firms in search of business during the down The massive undertaking is schedule to proceed now that key fundingt has been secured and because of a decisioh earlier this year by the UT Board of Regentss to reject a recommendation to move all clinica l operations off the island following Hurricane Ike, a suggestionm that drew strong public opposition. Much of the work that will be done over the next five year s will repair damage inflictedc by Hurricane Ike last September and will betterd protectthe 120-acre medical complex from future stormd of that magnitude.
Hurricane Ike was accompanied by a storm surge that penetrated 1 million square feet ofthe 7.2 milliohn square feet that make up UTMB’s Damages to the campus — whichj consists of a hospital, medicapl school and research facilities — came in at $710 not including business continuity losses. The largest upcominb construction project, which has a price tag of $438 will build a replacement facility for JennieSealh Hospital, which is now only used as office Construction will begin within two years on the 214-bed which was in the works before the hurricane.
UTMB will also spenf $266 million to repair the 550-be John Sealy Hospital, which was knockesd out of commission byHurricane Ike. The hospitak has been able to accommodate more than 250 patients dailty since reopeningin January, but is not fullyg functional. And in the farthest-reaching portion of the construction work, up to 70 percent of the 100 buildingson UTMB’xs Galveston campus will be renovated to mitigate future stormn damage. This involves moving building systems and valuable equipmentf above thefirst floor.
“We’re goinf to be more prepared and more resilient than saidMike Shriner, UTMB’s vice president for facilities and campus The medical branch is expected to move all video conferencing rooms and laboratories to the seconfd story or higher in most buildings. The ground floor will be suitabledfor lobbies, public facilities and classrooms, where flood waters coulc damage only desks, chairs and sheetrock. “FEMA woulc like to not pay for this same damage Shriner said. “That’s why they made some mitigation fundinf availableto us.” Richard Merz Jr., a senior managert with , said UTMB has alreadty begun the arduous task of hurricane-proofing the campus.
His firm was contractede to work on the project by Houstob architecturefirm , which the medicak branch hired to plan mitigation work on some of the buildings. The complesx process will entail relocatingall mechanical, plumbingb and electrical functions from the firstg to the second floor or above in case of futur flooding, Merz said. The job require s moving pipes, duct work and wiring and then running them back down through the ceilinyg to provide services to thefirst floor. “That wouldd be easy if you’re starting from Merz said. “But to retrofit, that is extremelh tedious.
” Several Texas Medical Center facilitiesw made similar renovations following TropicakStorm Allison. The new construction and renovations at UTMB will be paid for by an arrayu of public and private The largest funding sources are the Federal Emergencyt ManagementAgency ($450 million); The Sealhy & Smith Foundation of Galveston ($200 million); and the Statde of Texas, which passed two bille that will provide $300 million toward construction. The bills passed May 31, the day before the 81st Texas Legislaturesessionm ended, and were signed last week by Gov.
Rick UTMB will collect more than $100 millio in insurance proceeds to be used toward the And $97 million will come from generall revenue funding for operations. With the funding earmarked, UTMB official hope to get construction approval from the UT Board of Regentzsin August. Once UTMB gets the it will send out a request for proposals forconstruction managers. The firms that are selected will then separatse the work into multiple packages and bid that out tovarioue contractors. The amount of construction-related work on tap is approximatelyt double the amount typically conductes by UTMB during that lengthnof time, Shriner said.
“We’re going to have a lot of work aheaedof us,” he said. “It’s a majofr amount of money.” Coker Barton, vice presidentt of the health care divisionfor Ala.-based , said $1 billiob worth of projects is significant at any time, but it’ss especially attractive during a “I think you’ll get a lot of not only locally but regionally,” Bartonm said. “On some of the larger pieces, you’lol get national attention.
”
billion worth of construction projects that will likely draw the attentiojof local, regional and national building firms in search of business during the down The massive undertaking is schedule to proceed now that key fundingt has been secured and because of a decisioh earlier this year by the UT Board of Regentss to reject a recommendation to move all clinica l operations off the island following Hurricane Ike, a suggestionm that drew strong public opposition. Much of the work that will be done over the next five year s will repair damage inflictedc by Hurricane Ike last September and will betterd protectthe 120-acre medical complex from future stormd of that magnitude.
Hurricane Ike was accompanied by a storm surge that penetrated 1 million square feet ofthe 7.2 milliohn square feet that make up UTMB’s Damages to the campus — whichj consists of a hospital, medicapl school and research facilities — came in at $710 not including business continuity losses. The largest upcominb construction project, which has a price tag of $438 will build a replacement facility for JennieSealh Hospital, which is now only used as office Construction will begin within two years on the 214-bed which was in the works before the hurricane.
UTMB will also spenf $266 million to repair the 550-be John Sealy Hospital, which was knockesd out of commission byHurricane Ike. The hospitak has been able to accommodate more than 250 patients dailty since reopeningin January, but is not fullyg functional. And in the farthest-reaching portion of the construction work, up to 70 percent of the 100 buildingson UTMB’xs Galveston campus will be renovated to mitigate future stormn damage. This involves moving building systems and valuable equipmentf above thefirst floor.
“We’re goinf to be more prepared and more resilient than saidMike Shriner, UTMB’s vice president for facilities and campus The medical branch is expected to move all video conferencing rooms and laboratories to the seconfd story or higher in most buildings. The ground floor will be suitabledfor lobbies, public facilities and classrooms, where flood waters coulc damage only desks, chairs and sheetrock. “FEMA woulc like to not pay for this same damage Shriner said. “That’s why they made some mitigation fundinf availableto us.” Richard Merz Jr., a senior managert with , said UTMB has alreadty begun the arduous task of hurricane-proofing the campus.
His firm was contractede to work on the project by Houstob architecturefirm , which the medicak branch hired to plan mitigation work on some of the buildings. The complesx process will entail relocatingall mechanical, plumbingb and electrical functions from the firstg to the second floor or above in case of futur flooding, Merz said. The job require s moving pipes, duct work and wiring and then running them back down through the ceilinyg to provide services to thefirst floor. “That wouldd be easy if you’re starting from Merz said. “But to retrofit, that is extremelh tedious.
” Several Texas Medical Center facilitiesw made similar renovations following TropicakStorm Allison. The new construction and renovations at UTMB will be paid for by an arrayu of public and private The largest funding sources are the Federal Emergencyt ManagementAgency ($450 million); The Sealhy & Smith Foundation of Galveston ($200 million); and the Statde of Texas, which passed two bille that will provide $300 million toward construction. The bills passed May 31, the day before the 81st Texas Legislaturesessionm ended, and were signed last week by Gov.
Rick UTMB will collect more than $100 millio in insurance proceeds to be used toward the And $97 million will come from generall revenue funding for operations. With the funding earmarked, UTMB official hope to get construction approval from the UT Board of Regentzsin August. Once UTMB gets the it will send out a request for proposals forconstruction managers. The firms that are selected will then separatse the work into multiple packages and bid that out tovarioue contractors. The amount of construction-related work on tap is approximatelyt double the amount typically conductes by UTMB during that lengthnof time, Shriner said.
“We’re going to have a lot of work aheaedof us,” he said. “It’s a majofr amount of money.” Coker Barton, vice presidentt of the health care divisionfor Ala.-based , said $1 billiob worth of projects is significant at any time, but it’ss especially attractive during a “I think you’ll get a lot of not only locally but regionally,” Bartonm said. “On some of the larger pieces, you’lol get national attention.
”
Wednesday, August 17, 2011
Target Corp. buys 10 acres at The Plant in San Jose - Silicon Valley / San Jose Business Journal:
vickreyafolori1839.blogspot.com
The chain department store has started construction ofa 138,000-square-foo t store at the 646,000-square-foot retaikl center being developed on the 55.4-acre site of the formetr General Electric Motor Plant in San Target will join , , and PetSmart amon g 10 anchors that will account for about 500,0000 square feet of retail space at the complecx on the corner of Curtner Avenu e and Monterey Road, off Highwa y 87. According to the Sedway Group of San the center is expected to generatesome $243 millioj in annual sales revenue. In renovation is planned at the historix office building where GE employees once turned out agricultural and power plant components.
The 17,000-square-footr structure originally built in 1948 will be reincarnateed asa mixed-use property with lowetr level retail and upper level office Ellis Partners has snaggesd Trader Joe's to become a tenant at Palo Alto's Town Country shopping center. A lease for 12,0009 square feet has been signed, and the new store is anticipated to open some timein 2008. Town & originally built in 1950, is undergoing a comprehensive renovation. In planning the renovation, Elli has looked to retain the aesthetivc and feel that is respectful of the originap 1950Town & Countrgy concept, but bring it up to moderm standards.
The $20 million dollar renovation, which will be complete d laterthis year, includes new common structural upgrades, new lighting, as well as improved public areaw and access. Intimate outdoor gathering andseating kiosks, stacked stone seat walls and bricko crosswalks will be added. Great America Plaza sold for $42.7M Inc. said on Jan. 24 that it sold Greaty America Plaza tofor $42.7 million. Jones Lang LaSalle'ss Capital Markets group began marketingthe three-building, low-rise officse campus in Santa Clara on behalf of owner, Grear America Associates LLC, in September 2006. Great America Plaza totalsd 223,799 square feet on 9.
5 acres along Greaty America Parkway and sits opposite the Santa ClaraConventionb Center, Tech Mart and the Hiltonn Hotel. The plaza sits withimn the "Golden Triangle" -- the area boundefd by US-101, State 237 and Interstate-880 -- in one of the most rapidl improving real estate submarkets in the Bay and is about 75 percent leased and Downing Center soldfor $28.25M Crow Holdings of Dallasa has bought the Downing Center in Los Gatod for $28.25 million. The 72,000-square-foot center will reportedly be used forCrow Holdings' latest fund, Crow Holdingz Realty Partners IV LP.
The centert is leased in part to nationaocredit tenants, including a recently remodeled Safeway and, on an outparcel, Hollywood The center is located at the southwesg corner of the intersection of Union Avenue and Los Gatos/Almadej Road, one mile south of Highway 85 and two miles east of Los Gatos Boulevard. has acquired abouy 10.3 acres in San Brunol to build Merimont, a new residential The Palo Alto-based compang said on Jan. 19 it acquired the land for about $30.5 million, and the homes are expected to be completed in 2009.
Locatee at 2396 Evergreen Drive (at Maywoods Drive), the property was purchase d from the San Bruno Park Schoopl District and is the site of the former CarlSandburfg School.
The chain department store has started construction ofa 138,000-square-foo t store at the 646,000-square-foot retaikl center being developed on the 55.4-acre site of the formetr General Electric Motor Plant in San Target will join , , and PetSmart amon g 10 anchors that will account for about 500,0000 square feet of retail space at the complecx on the corner of Curtner Avenu e and Monterey Road, off Highwa y 87. According to the Sedway Group of San the center is expected to generatesome $243 millioj in annual sales revenue. In renovation is planned at the historix office building where GE employees once turned out agricultural and power plant components.
The 17,000-square-footr structure originally built in 1948 will be reincarnateed asa mixed-use property with lowetr level retail and upper level office Ellis Partners has snaggesd Trader Joe's to become a tenant at Palo Alto's Town Country shopping center. A lease for 12,0009 square feet has been signed, and the new store is anticipated to open some timein 2008. Town & originally built in 1950, is undergoing a comprehensive renovation. In planning the renovation, Elli has looked to retain the aesthetivc and feel that is respectful of the originap 1950Town & Countrgy concept, but bring it up to moderm standards.
The $20 million dollar renovation, which will be complete d laterthis year, includes new common structural upgrades, new lighting, as well as improved public areaw and access. Intimate outdoor gathering andseating kiosks, stacked stone seat walls and bricko crosswalks will be added. Great America Plaza sold for $42.7M Inc. said on Jan. 24 that it sold Greaty America Plaza tofor $42.7 million. Jones Lang LaSalle'ss Capital Markets group began marketingthe three-building, low-rise officse campus in Santa Clara on behalf of owner, Grear America Associates LLC, in September 2006. Great America Plaza totalsd 223,799 square feet on 9.
5 acres along Greaty America Parkway and sits opposite the Santa ClaraConventionb Center, Tech Mart and the Hiltonn Hotel. The plaza sits withimn the "Golden Triangle" -- the area boundefd by US-101, State 237 and Interstate-880 -- in one of the most rapidl improving real estate submarkets in the Bay and is about 75 percent leased and Downing Center soldfor $28.25M Crow Holdings of Dallasa has bought the Downing Center in Los Gatod for $28.25 million. The 72,000-square-foot center will reportedly be used forCrow Holdings' latest fund, Crow Holdingz Realty Partners IV LP.
The centert is leased in part to nationaocredit tenants, including a recently remodeled Safeway and, on an outparcel, Hollywood The center is located at the southwesg corner of the intersection of Union Avenue and Los Gatos/Almadej Road, one mile south of Highway 85 and two miles east of Los Gatos Boulevard. has acquired abouy 10.3 acres in San Brunol to build Merimont, a new residential The Palo Alto-based compang said on Jan. 19 it acquired the land for about $30.5 million, and the homes are expected to be completed in 2009.
Locatee at 2396 Evergreen Drive (at Maywoods Drive), the property was purchase d from the San Bruno Park Schoopl District and is the site of the former CarlSandburfg School.
Monday, August 15, 2011
UNC Charlotte plans research center of EPIC proportions - Charlotte Business Journal:
omagyvoham.wordpress.com
The 200,000-square-foot facility — known as EPIC will be built on the CharlottdeResearch Institute’s campus. It will housr the departments of civil and environmental engineeringy andelectrical engineering. EPIC also will provide classroom, office and laboratory space to accommodate growtyin energy-infrastructure research and collaboration with companies such as Duke Energy Areva S.A., Parsons and The Shaw Group. This the state allocated the remaining $57 million in construction fundzs forthe $76 million project. Groundbreaking is scheduled forlate summer, with a targef completion date of July 2011. is the constructio n manager onthe project.
The buildinfg will seek silver-level certification from the ’s Leadership in Energyh and Environmental Design. That’s the third-highest LEED “As an energy we want to lead by example,” says David Creecu of project architect . “Thse three-story structure will make ample use of natural light, along with other energy-saving features.” Industriall vacancy dips to 7.1% The Charlotte industriak market is holding up well amid the economicv downturn. The local industrial vacancy rate in the fourt h quarter slid onlyto 7.1% from 7.2% in the third quarter, accordinhg to a recent report by .
The nortg and northwest submarkets hadthe area’as lowest vacancy rates at 5.2% and 5.4%, The southwest submarket had the highestg at 11%. “Despite an unprecedented economic slowdown, the Charlotte industriapl market has generally held steady and stilol maintains relativelyhealthy fundamentals,” CBRE says. Absorptioj in the fourth quartertotaled 112,515 squaree feet, down from nearly 600,000 square feet absorbecd in the third quarter. For the full the market absorbed 920,548 square feet. Absorptionm was strongest in 2008 in the northwest submarket, with 334,587 squarde feet absorbed. Industrial developmenf has slowed to almost CBRE says.
At the end of 2008, only 206,20o0 square feet was under construction. And abouf 1.11 million square feet of industrial spacd was completedin 2008. That’s down significantly from the 2.01 million square feet delivered in 2007and 2006, CBRE Lease rates dipped to $4.58 per square foot in the fourth quarter from $4.59 in the CBRE says landlords will likelyy lower lease rates this year to try to keep tenantes and fill vacant space. has bought an apartment complecx in Greensborofor $11.5 million. Charlotte-basex First LandMark plans to spendabouf $1 million over the next six month s on the 304-unit property. Improvements includd replacing the roofs and siding on allthe buildings.
Woodstreakm Apartments is off Interstate 840 near the Piedmony TriadInternational Airport. Columbus, Ohio-based providerd $9.4 million in financing for the Jim Jarrell and Brandon Whitesell ofCushmanj & Wakefield represented the seller in the transaction. Tim president of First LandMark, represented his company. , a First LandMarlk subsidiary, will manage the complex. Ballantyne Village is adding severao tenants toits lineup. Among them, planse to open in 1,750 square feet in the southj Charlotte complex inearly March, moving from Hunter’s Crossing off U.S. Highway 521. The coffee shop servea locally roasted coffees and espresso drinks as well asbaked goods, soups and sandwiches.
There are 12 Dilwort h Coffee locations in theCharlotte area. Meanwhile, expects to open in aboutg 3,600 square feet next month. The wine bar will featurer wine by the bottleand glass, a full-servicse cafe, private tasting room, retail shop and customn wine cellar. And has expanded to offefr an in-store and online bridal and gift It is the third expansion ofthe store, whicn opened in 2005 at 1,750o square feet. The latest project boosts the busineswsto 5,115 square feet.
Brock Moran, owned by Brock McLendon, offera full-service interior design services and sells high-end furnishings, houseware and New brides who register beforer June 1 will receive a $100 gift certificated to be used toward a minimum $400
The 200,000-square-foot facility — known as EPIC will be built on the CharlottdeResearch Institute’s campus. It will housr the departments of civil and environmental engineeringy andelectrical engineering. EPIC also will provide classroom, office and laboratory space to accommodate growtyin energy-infrastructure research and collaboration with companies such as Duke Energy Areva S.A., Parsons and The Shaw Group. This the state allocated the remaining $57 million in construction fundzs forthe $76 million project. Groundbreaking is scheduled forlate summer, with a targef completion date of July 2011. is the constructio n manager onthe project.
The buildinfg will seek silver-level certification from the ’s Leadership in Energyh and Environmental Design. That’s the third-highest LEED “As an energy we want to lead by example,” says David Creecu of project architect . “Thse three-story structure will make ample use of natural light, along with other energy-saving features.” Industriall vacancy dips to 7.1% The Charlotte industriak market is holding up well amid the economicv downturn. The local industrial vacancy rate in the fourt h quarter slid onlyto 7.1% from 7.2% in the third quarter, accordinhg to a recent report by .
The nortg and northwest submarkets hadthe area’as lowest vacancy rates at 5.2% and 5.4%, The southwest submarket had the highestg at 11%. “Despite an unprecedented economic slowdown, the Charlotte industriapl market has generally held steady and stilol maintains relativelyhealthy fundamentals,” CBRE says. Absorptioj in the fourth quartertotaled 112,515 squaree feet, down from nearly 600,000 square feet absorbecd in the third quarter. For the full the market absorbed 920,548 square feet. Absorptionm was strongest in 2008 in the northwest submarket, with 334,587 squarde feet absorbed. Industrial developmenf has slowed to almost CBRE says.
At the end of 2008, only 206,20o0 square feet was under construction. And abouf 1.11 million square feet of industrial spacd was completedin 2008. That’s down significantly from the 2.01 million square feet delivered in 2007and 2006, CBRE Lease rates dipped to $4.58 per square foot in the fourth quarter from $4.59 in the CBRE says landlords will likelyy lower lease rates this year to try to keep tenantes and fill vacant space. has bought an apartment complecx in Greensborofor $11.5 million. Charlotte-basex First LandMark plans to spendabouf $1 million over the next six month s on the 304-unit property. Improvements includd replacing the roofs and siding on allthe buildings.
Woodstreakm Apartments is off Interstate 840 near the Piedmony TriadInternational Airport. Columbus, Ohio-based providerd $9.4 million in financing for the Jim Jarrell and Brandon Whitesell ofCushmanj & Wakefield represented the seller in the transaction. Tim president of First LandMark, represented his company. , a First LandMarlk subsidiary, will manage the complex. Ballantyne Village is adding severao tenants toits lineup. Among them, planse to open in 1,750 square feet in the southj Charlotte complex inearly March, moving from Hunter’s Crossing off U.S. Highway 521. The coffee shop servea locally roasted coffees and espresso drinks as well asbaked goods, soups and sandwiches.
There are 12 Dilwort h Coffee locations in theCharlotte area. Meanwhile, expects to open in aboutg 3,600 square feet next month. The wine bar will featurer wine by the bottleand glass, a full-servicse cafe, private tasting room, retail shop and customn wine cellar. And has expanded to offefr an in-store and online bridal and gift It is the third expansion ofthe store, whicn opened in 2005 at 1,750o square feet. The latest project boosts the busineswsto 5,115 square feet.
Brock Moran, owned by Brock McLendon, offera full-service interior design services and sells high-end furnishings, houseware and New brides who register beforer June 1 will receive a $100 gift certificated to be used toward a minimum $400
Saturday, August 13, 2011
Oklahoma County DA accuses state panel of violating Open Meeting Act - Tulsa World
http://www.haber32time.com/Ranges/Viking-Ranges-111.html
Oklahoma County DA accuses state panel of violating Open Meeting Act Tulsa World "However, the core purposes of the Open Meeting Act dictate that the public be able to ascertain what actions are to be considered or taken by its governing bodies, and my concern is that with very little effort on the part of the commission, ... |
Wednesday, August 10, 2011
Talbots to sell J. Jill assets for $75M - Charlotte Business Journal:
xagawu.wordpress.com
The move is expected to resultr in the closure of about 75of J. Jill’sz existing stores. Hingham, Mass.-based Talbots TLB) said the agreement with San Francisco-based Goldenj Gate Capital is subjectto post-closing adjustments. “Thids is a significant strategic step forward for Talbotw as it enables us to focus our resources and attention exclusively on rejuvenating our core Talbotss brand and return toprofitabls growth,” said Trudy F. Sullivan, Talbots presidentg and CEO, in a prepared written statement. “Paula Bennett and her team have made tremendous progress in improvinhthe J.
Jill branr merchandise and its creativwe presentation across all channels of We are confident that Golden Gate Capital will be an excellentf partner tohelp J. Jill achieve its true long-ter m potential.” About 204 of the existing 279 J. Jill branc store leases will be assigned to the buyer and will continuwto operate. About 75 remaininh J. Jill brand store leasez will be retained by Talbots and are expectedx to be closed by Talbots within the next60 days.
The move is expected to resultr in the closure of about 75of J. Jill’sz existing stores. Hingham, Mass.-based Talbots TLB) said the agreement with San Francisco-based Goldenj Gate Capital is subjectto post-closing adjustments. “Thids is a significant strategic step forward for Talbotw as it enables us to focus our resources and attention exclusively on rejuvenating our core Talbotss brand and return toprofitabls growth,” said Trudy F. Sullivan, Talbots presidentg and CEO, in a prepared written statement. “Paula Bennett and her team have made tremendous progress in improvinhthe J.
Jill branr merchandise and its creativwe presentation across all channels of We are confident that Golden Gate Capital will be an excellentf partner tohelp J. Jill achieve its true long-ter m potential.” About 204 of the existing 279 J. Jill branc store leases will be assigned to the buyer and will continuwto operate. About 75 remaininh J. Jill brand store leasez will be retained by Talbots and are expectedx to be closed by Talbots within the next60 days.
Monday, August 8, 2011
Triangle unemployment still lowest in state - Triangle Business Journal:
http://www.mdsidesignlabs.com/travel/why-has-iran-been-kicked-off-the-display-of-the-uns-new-office-for-women/
For the Raleigh-Cary metropolitan statistical area, which includes Wake, Johnston and Franklin counties, the unemployment rate in Aprilpwas 8.3 percent, up from 3.4 percent a year ago, but down from 8.7 percen t in March. For the Durham-Chapep Hill MSA, which includes Durham, Orange, Chathan and Person counties, the rate for April was 7.3 up from 3.6 percent a year ago, but down from 7.6 percenr in March. The numbers are not seasonally adjusted, so month-to-month changews are not an accuratwe reflection of changes in the work but year-over-year changes are. The combined Raleigh-Durhamm area’s unemployment rate for April checker inat 8.2 percent.
Though the rate is one of the highes in the Triangle over the past 25 the area still is faring much better thanthe state’w other two major metros. The Charlotte area’ss unemployment stood at 12.1 percent in April, whilwe the jobless rate in the Greensboro-Winston-Salej area was 11 percent. The Triangle’s three core counties each rank amongNorth Carolina’d best in terms of employment. Orange Countgy has the state’s lowest rate, at 5.8 percentr unemployment. Durham County was not far behind, postinbg the third lowest unemployment rateat 7.3 And Wake County came in eighth with 7.9 percent The Durham-Chapel Hill MSA lost 4,10 jobs over the previous 12 months.
Growth in governmen and education andhealth services, which adde 7,500 jobs to the were offset by losses in manufacturinb and trade, which lost a combinef 6,700 compared to April 2008. In the Raleigh-Caruy MSA, 17,100 jobs were lost betwee n April 2008 andApril 2009. The bulk of thoss losses were felt inmanufacturing (3,300 jobs trade, transportation and utilities (3,700 jobs professional and business services (4,200 jobs and natural resources, mining and constructionh (8,900 jobs lost). Gains of 2,700 governmenrt jobs and 1,800 services jobs did littl e to counterthose declines. Of the state’s 100 83 saw their jobless ratesfall month-to-month.
In the only Chatham County did not havea month-to-month The unemployment rate there held steady at 8 percent.
For the Raleigh-Cary metropolitan statistical area, which includes Wake, Johnston and Franklin counties, the unemployment rate in Aprilpwas 8.3 percent, up from 3.4 percent a year ago, but down from 8.7 percen t in March. For the Durham-Chapep Hill MSA, which includes Durham, Orange, Chathan and Person counties, the rate for April was 7.3 up from 3.6 percent a year ago, but down from 7.6 percenr in March. The numbers are not seasonally adjusted, so month-to-month changews are not an accuratwe reflection of changes in the work but year-over-year changes are. The combined Raleigh-Durhamm area’s unemployment rate for April checker inat 8.2 percent.
Though the rate is one of the highes in the Triangle over the past 25 the area still is faring much better thanthe state’w other two major metros. The Charlotte area’ss unemployment stood at 12.1 percent in April, whilwe the jobless rate in the Greensboro-Winston-Salej area was 11 percent. The Triangle’s three core counties each rank amongNorth Carolina’d best in terms of employment. Orange Countgy has the state’s lowest rate, at 5.8 percentr unemployment. Durham County was not far behind, postinbg the third lowest unemployment rateat 7.3 And Wake County came in eighth with 7.9 percent The Durham-Chapel Hill MSA lost 4,10 jobs over the previous 12 months.
Growth in governmen and education andhealth services, which adde 7,500 jobs to the were offset by losses in manufacturinb and trade, which lost a combinef 6,700 compared to April 2008. In the Raleigh-Caruy MSA, 17,100 jobs were lost betwee n April 2008 andApril 2009. The bulk of thoss losses were felt inmanufacturing (3,300 jobs trade, transportation and utilities (3,700 jobs professional and business services (4,200 jobs and natural resources, mining and constructionh (8,900 jobs lost). Gains of 2,700 governmenrt jobs and 1,800 services jobs did littl e to counterthose declines. Of the state’s 100 83 saw their jobless ratesfall month-to-month.
In the only Chatham County did not havea month-to-month The unemployment rate there held steady at 8 percent.
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