DED releases July jobs report

Jobs continue to grow with unemployment at near-record lows in July Missouri’s seasonally adjusted unemployment rate has remained at 3.3 percent for the past five months. Seasonal adjustment is a statistical technique used to measure and remove influences of predictable seasonal patterns to show how employment and unemployment change monthly. To view the July 2019 jobs report, click here. Job growth and low unemployment rates fuel Missouri’s workforce The number of jobs in the state continue to rise, while the unemployment rate remains low. Over the past year, employment has grown by 34,700 jobs. Missouri sees over-the-year job gains across key industries. Health Care and Social Assistance (+12,200 jobs, up 2.9 percent) Accommodation and Food Services (+5,500 jobs, up 2.1 percent) Professional, Scientific, and Technical Services (+3,900 jobs, up 2.4 percent)  Missouri is one of the most affordable states to live Missouri continues to be one of the most affordable places to work and live, according to the Council for Community and Economic Research’s

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ISO – Positioning a Company Towards Global Competitiveness

Obtaining ISO registration is no easy feat. In fact, it often requires the involvement of multiple people within the company over multiple months.  This article will take a moment to recognize the hard work put forth by a St. Louis company who took its ISO journey and turned it into a global opportunity.  Thorstein Holt had been working in the industrial gas field for 15 years before he made the decision to start his own company. He knew he could deliver products and services to his customers better, faster and in a different way. Thorstein, wanting to share his level of expertise, officially opened Holtec in Chesterfield, Mo, in 1999. Holtec Gas Systems is an internationally recognized, experienced designer and supplier of nitrogen generation systems – designing fabricated nitrogen generators for a variety of industrial manufacturing, chemical, oil & gas and food & beverage applications worldwide. Situation: In 2017, the company needed help with obtaining ISO registration. While engaging in multiple

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Gas taxes in your state

States levy gas taxes in a variety of ways, including per-gallon excise taxes collected at the pump, excise taxes imposed on wholesalers which are passed along to consumers in the form of higher prices, and sales taxes that apply to the purchase of gasoline. States with the lowest gas taxes: Alaska (14.66 cents per gallon) Missouri (17.42) Mississippi (18.40) States with the highest gas taxes: California (61.20 cents per gallon) Pennsylvania (58.70) Illinois (54.98) Click here to see how high gas taxes are in your state. Gas taxes and other user taxes and fees are the most suitable revenue tools for generating the funds to maintain and repair public roads over time. But many states and the federal government don’t index those taxes for inflation, so the nominal value of gas tax revenue tends not to keep pace with infrastructure funding needs across the country. States should index gas taxes for inflation in order to create a stable source of revenue to fund infrastructure maintenance and

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Ann Wagner fights robocalls and other legislation

Ann Wagner supported the bipartisan Stopping Bad Robocalls Act which overwhelmingly passed the House. This is an important step in penalizing scammers who take advantage of consumers and violate their privacy. This bill makes it easier to fine offenders and supports implementation of new technologies to block illegal calls. She met with the Missouri Soybean Association to discuss the of passing the USMCA, the many challenges facing Missouri soybean farmers, and how to best advocate on their behalf.   During this week’s Financial Services Committee hearing on the proposed merger of SunTrust and BB&T, she questioned witnesses on whether there is sufficient competition in banking and what that competition might look like a decade from now. The committee also discussed the effect that Dodd-Frank has had on community and regional banks, as well as consumers. The House passed a bipartisan resolution that Wagner introduced with her colleagues to condemn the Global Boycott, Divestment, and Sanctions (BDS) Movement that aims to delegitimatize the state of

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When America Makes, America Works

How engaged is your manufacturing company in technology? With Industry 4.0? Industry 5.0? There may be a resource to help you connect the dots. America Makes is the first of 14 Manufacturing USA institutes, which were created over the past few years to revolutionize U.S. manufacturing through large-scale collaboration on advanced technologies and workforce development. America Makes focuses on additive manufacturing or 3D printing.    Each institute is a public-private partnership that receives part of its start-up funding from the federal government (the U.S. Department of Defense in America Makes’ case) through an open competition and more than half of its funds from industry and the private sector in the form of memberships. They build innovation ecosystems and position the country for leadership among ever-increasing global competition. Additive manufacturing is a technology that deposits materials in layers to create lighter, stronger three-dimensional parts and systems with less waste, more design options, greater flexibility, less cost and increased speed.   According to a recent market

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