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Unemployment figures show slight rise

The number of people in Jersey registered as unemployed or wanting to work more hours has risen by 100 in the past year. Statistics Jersey, which reports how many people are actively seeking work every three months, says 700 people were looking for work on 31 March. Of the 700 registered, 370 are women and…

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Mortgage rates are nearing 7% as inflation ticks back up: Freddie Mac

By: The 30-year fixed-rate mortgage averaged 6.88% this past week, according to Freddie Mac.  (iStock ) Mortgage rates continue their steady climb upward. Rates for 30-year mortgages averaged 6.88% this past week, Freddie Mac reported. Rates last week averaged 6.82%, and a year ago, the 30-year fixed-rate mortgage averaged 6.27%. “Mortgage rates have been drifting higher…

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Arizona Attracts ‘Record Investments,’ ‘Major’ Economic Wins

By Kari WilliamsFrom the March/April 2024 IssueNoted as a targeted growth sector in the 2024 Business Facilities Site Seekers’ Guide, Arizona’s semiconductor industry continues to grow. In late December 2023, the Arizona Commerce Authority (ACA) said it would invest $17.5 million in Arizona State University “to expand Arizona’s advanced semiconductor manufacturing capabilities.” The funds will go toward…

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Leasing activity heats up at Gainey Center II after acquisition by local investor

Seven companies have either leased space or expanded their operations at Gainey Center II.The three-story Scottsdale office building was acquired last summer by Phoenix-based Reliance Management — an entity led by Valley real estate investor Daryl Burton. It has seen 35,000 square feet of new occupancy since the building changed hands, said Andrew Cheney, principal at Lee…

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