Tag: solid

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2 Solid Investments You’ll Thank Yourself for Later | Business News

2 Solid Investments You’ll Thank Yourself for Later | Business News

If you know of local business openings or closings, please notify us here.

Honeygrow opens Quakertown location, next to Chipotle on Route 309, on June 3.

· Dunkin’ reopens remodeled restaurant at 1174 MacArthur Road in Whitehall Township

· Muse Modern Med Spa at 325 Fifth St. in Whitehall Township  will hold a grand opening June 4.

· Around Again, a consignment store, opened at 154 S. Main St., Phillipsburg

· Steak and Steel Hibachi, a restaurant in the works at 44 W. Walnut St., Bethlehem, still plans on opening late this summer. 

· Take It Outdoors Recreation Hub has moved to a spot along the Schuylkill River Trail at Riverfront Park in Pottstown, Montgomery County

· Pedego Electric Bikes has a new outlet in Lambertville, N.J. at 13 N. Union St.

· Amanda Vachris has opened a new Keller Williams Real Estate office at 15 St. John St. in Schuylkill Haven.

· Easton’s new West Ward Market will open Wednesday and be open on Wednesday’s through the summer from 3 p.m. to 7 p.m. The market, created by the Greater Easton Development Partnership, will sell fresh produce on 12th Street, next to Paxinosa Elementary School.

· Ciao Sandwich Shoppe is adding a second location, this time on College Hill in Easton. Ciao plans to open at 325 Cattell St. in late summer. Ciao already operates in downtown Easton at 12 N. Third St

· Ma’s Crepes and Cakes will hold a grand opening and ribbon-cutting June 16 at 46 W. Broadway, Jim Thorpe. The celebration starts at 5 p.m., with the ribbon cutting at 5:45 p.m. 

· Bethlehem’s Back Door Bakeshop will reopen as a wholesale operation at 7 E. Church St. in the city’s historic district. The business was open for nine years as a retail outlet at Broad and Center streets, before announcing in March that it would close the storefront April 3 and “go back to its origins as a wholesale business.”

·The Beef Baron on Catasauqua Road in Bethlehem is closed indefinitely for renovations

· The Brothers That Just Do Gutters are opening a new location in Allentown at 1302 N. 18th St.

· St. John Chrysostom Academy, an Orthodox school serving grades 1-9 starting this fall, held a grand opening at its St. Francis Center, Bethlehem, campus.

· Easton Commons, a shopping center anchored by Giant Foods at 2920 Easton Ave., Bethlehem Township, has a new name: The Shops at Bethlehem.

· Carbon County is getting a taste of Brazil at Uai Brasil BBQ at 315 Lehigh Ave. in Palmerton.

· The Keystone Pub in Bethlehem Township, at 3259 Easton Avenue, has reopened after a lengthy and expensive renovation. 

· The Trading Post Depot opened at 401 Northampton St., Easton. The rustic furniture store makes custom tables for dining rooms, desktops, conference centers and more.

· The Easton area has a new gym: Homemade Fitness at 444 Cedarville Road in Williams Township.

· Il Gaetano Ristorante opened at its 665 Columbus Ave., Phillipsburg, location. 

· Ciao! Sandwich Shoppe to open second location on College Hill in Easton, replacing The Kettle Room

· Rene and Grisellies Benique have opened Ezekiel 47 Cafe at 10 S. Fifth Ave., off Fifth and Penn avenues, in West Reading. 

· Alter Ego Salon and Day Spa in Emmaus is holding a grand opening Sunday, May 22, from 11 a.m. to 3 p.m., with a ribbon cutting at noon. 

· Origen Latin Fusion has opened at the site of the former Tomcat Cafe in Sinking Spring, Berks County. 

· Sellersville Senior Residences will hold a ribbon-cutting ceremony May 24. The Bucks County affordable-housing community for adults 55 and older has 50 apartments, with eight allocated for people with behavioral health needs.

· The House and Barn in Emmaus has opened its Shed outdoor dining and cigar bar area. The House and Barn is at 1449 Chestnut St. in Emmaus.

· Realtor Amanda Vachris and the Schuylkill Chamber of Commerce will hold a ribbon cutting at Vachris’s new Keller Williams Real Estate office at 15 St. John St., Schuylkill Haven, at 4 p.m. on May 24.

· Il Gaetano Ristorante will hold a grand opening on Friday, May 20, at 5:30 p.m. The 665 Columbus Ave., Phillipsburg.

· First Commonwealth Federal Credit Union will hold a grand opening at its new headquarters in Trexlertown, 6126 Hamilton Blvd., on May 18.

· Vinyl Press Signs & Graphics has relocated within Emmaus. The new site is 15 S. Second St., not far from the former Sixth Street location.

· Pedro’s Cafe in Emmaus to close

· SV Sports (formerly Schuylkill Valley Sports) to close Quakertown location

· Flemington DIY will host a Grand Re-Opening on May 14 at 26 Stangl Road, Flemington. The celebration will kick off at 10 a.m. 

· Elpedio’s Ristorante at Seipsville opened at 2912 Old Nazareth Road in Easton. The restaurant is open Wednesday through Sunday.

· Uai Brazil opened at 315 Lehigh Ave, Palmerton, offering both a seated or buffet option. 

· Colombian Mex Restaurant opened at 107 E Union Blvd in Bethlehem, offering traditional Colombian cuisine. 

· Precision Ink opened at 161 W Berwick St. in Easton. 

· King Wing opened a location in Bethlehem at 129 E. Third St., serving wings and sandwiches. 

 

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Economy adds solid 678K jobs in February, unemployment dips to 3.8 percent

Economy adds solid 678K jobs in February, unemployment dips to 3.8 percent

The U.S. added 678,000 work and the unemployment charge dropped to 3.8 percent in February, in accordance to information introduced Friday by the Labor Office.

Unprecedented demand for workers and resilient consumer shelling out aided electrical power yet another solid thirty day period of career development in February. Economists envisioned the U.S. to insert about 400,000 careers very last thirty day period, far less than the precise haul in the February work opportunities report, and drive the jobless fee to 3.9 {1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a}.

“If we see far more numbers like this going forward, we can be optimistic about this calendar year. Employment is increasing at a strong price and joblessness is receiving closer and nearer to pre-pandemic levels,” reported Nick Bunker, economic investigation director at In truth.

“In these unsure moments, we are not able to acquire everything for granted. But if the recovery can keep up its current tempo, numerous critical indicators of labor market health and fitness will hit pre-pandemic levels this summer months,” he reported.

The Bureau of Labor Studies (BLS) stated the U.S. saw “widespread” position expansion in February led by a surge in assistance sector employing — a promising indication for industries nevertheless recovering from the onset of the pandemic. 

Leisure and hospitality employment rose by 179,000 jobs in February, led by a obtain of 124,000 work opportunities in eating places and bars. Specialist and business services extra 95,000 employment, the overall health treatment sector included 64,000 positions and construction work rose by 60,000 just after staying flat in January.

Transportation and warehousing work rose by 48,000 in February, and retail trade employment rose by 37,000.

The BLS also revised the December and January position gains up by a combined 92,000 jobs. 

Whilst the labor force participation amount stayed flat, the February employment report confirmed other alerts of labor shortages easing and a lot more People returning to the workforce.

Typical hourly earnings rose 5.1 per cent about the previous 12 months, down from 5.7 {1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} in January. Wages have risen sharply as companies struggled to fill a file amount of work openings from a smaller sized pool of employees than just before the pandemic. 

The quantity of Americans who reported they could not look for a task due to the fact of the pandemic — who are not counted as unemployed — fell from 1.8 million in January to 1.2 million very last month. The amount of individuals who dropped several hours at get the job done because of a pandemic-associated shutdown also sunk from 6 million in January to 4.2 million in February.

“With the Omicron wave receding quickly, the labor industry has unlocked more rapidly positions growth. Furthermore, employer desire for employees exceeds labor provide substantially, which is probably to hold jobs growth wholesome even if demand slows amid disruptions from the war in Ukraine and climbing curiosity rates in coming months,” stated Daniel Zhao, senior economist at Glassdoor.

Whilst the U.S. labor market held powerful in February, economists are anxious about the likely fallout of the war in Ukraine and the sanctions imposed on Russia in response. A surge in oil selling prices, steep drop in financial exercise or retaliation from Russia could dent the U.S. economy and risk stoking inflation even greater just after hitting the greatest once-a-year amount in 40 several years.

The positions report will keep the Federal Reserve on monitor to elevate curiosity charges in March to enable awesome inflation and tame what Fed Chairman Jerome PowellJerome PowellEconomy provides solid 678K work opportunities in February, unemployment dips to 3.8 {1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} On The Dollars — Drive to block Russian imports hits wall Powell: ‘Overheated’ job current market can withstand fee hikes Extra on Thursday termed an “overheated” labor industry. Even so, Powell reported the deep uncertainty pushed by the war could continue to drive the Fed to regulate the tempo of foreseeable future charge hikes.

“The war in Ukraine reemphasizes the threat of inflation in the economic recovery, in particular as cost increases are concentrated in areas that the Federal Reserve might not have considerably management about,” Zhao wrote.

“Finally, nonetheless, present day work opportunities report can help construct self confidence in the resilience of the restoration and its capability to continue driving work growth despite unanticipated headwinds.”

Up to date at 9:43 a.m.