Archive for May, 2016

Atlanta jobs grow

Sunday, May 8th, 2016

Atlanta jobs are growing, according to new labor statistics.

Total employment for the Atlanta-Sandy Springs-Roswell, Ga. Metropolitan Statistical Area stood at 2,606,500 in February 2016, an increase of 72,500, or 2.9 percent, from a year ago, the U.S. Bureau of Labor Statistics reported. Regional Commissioner Janet S. Rankin noted that the Atlanta area has recorded over-the-year employment gains each month since July 2010. Nationally, nonfarm employment increased 1.9 percent from February 2015 to February 2016.

In the Atlanta metropolitan area, trade, transportation, and utilities recorded the largest employment gain from February 2015 to February 2016, adding 18,900 jobs. The area’s 3.3-percent growth in trade, transportation, and utilities employment was larger than the nationwide increase of 1.8 percent.

Professional and business services had the second largest increase in employment locally, gaining 15,400 jobs from the previous February. Employment in this supersector grew 3.3 percent in Atlanta compared to 3.2 percent for the nation.

Leisure and hospitality added 13,900 jobs from February 2015 to February 2016. The 5.4-percent rate of local job growth was faster-paced than the national rate of 3.0 percent. Four other supersectors added at least 3,000 jobs since February 2015—education and health services, construction, manufacturing, and government. The local rates of job growth were higher than the respective national rates in three of these supersectors; education and health services was the exception.

Atlanta was 1 of the nation’s 12 largest metropolitan statistical areas in February 2016. All 12 areas experienced over-the-year job growth during the period, with 9 exceeding the national average of 1.9 percent. The Dallas-Fort Worth-Arlington and Phoenix-Mesa-Scottsdale areas had the fastest rates of job growth, up 3.5 percent each, followed by San Francisco-Oakland-Hayward at 3.4 percent. The Houston-The Woodlands-Sugar Land area had the slowest rate of job growth, up 0.3 percent.

Initiative creates Atlanta jobs for women

Sunday, May 8th, 2016

A new initiative is putting the spotlight on Atlanta jobs for women.

The mayor was joined by city and business leaders to open the offices of WEI, an incubator for women entrepreneurs that will provide resources and support to accelerate business growth.

“In partnership with Invest Atlanta, the Reed Administration secured funding and office space to maximize the success of the WEI’s entry into Atlanta’s growing entrepreneurial community. The WEI is a result of the city’s ongoing efforts to harness the power of women-owned businesses and emerging entrepreneurs for the socio-economic advancement of Atlanta.Through a competitive selection process, 15 women entrepreneurs were selected to incubate their business at the WEI. Over the course of 15 months, the entrepreneurs will have access to practical business education, financial capital and business support services.

“This is an amazing time to be not just an entrepreneur, but an entrepreneurial woman in the City of Atlanta,” said WEI executive director Theia Washington Smith. “Our region ranks number one in the U.S. for the number of women-owned firms, and our unique incubator will help even more women here succeed.”

The 15 women selected for the inaugural class are: Lynn Lilly, CraftBox Girls; Melanie Rhodes, MelanCo. Enterprises/DSS Experts; Samantha Hodgkins, SparkFire Active LLC,; Joanna Douglas, Parketing; Dawn Belisle, Delights by Dawn; Jeannell Darden, Cococurls; Jennifer Bluemling, Borrowed By Design; Sherry Popovic, cME compete; Cicely Gay, Amplifiers Inc.; Logan Williams, Rapid Parking Solutions; Adrienne Brown, Adrienne J. Media; Tiffany Ray, Generation Infocus, Monica Hooks, m-oracle; Sheila Woodhouse, DoxMed; and Tonya Hicks, Women Do Everything.

“It’s been an honor and a privilege for me to be involved with the WEI program,” said Home Depot chief financial officer Carol Tomé, who also chairs WEI’s six-member advisory board. “I am grateful for Mayor Reed’s vision to create an initiative that provides opportunities for women entrepreneurs in Atlanta.”

Agreement bolsters Atlanta construction jobs

Monday, May 2nd, 2016

A new agreement with Delta Airlines is boosting Atlanta construction jobs.

Mayor Kasim Reed and Delta Air Lines CEO Richard Anderson signed a 20-year Airport Use and Lease agreement. The new lease will start July 1, 2016 and will keep Delta Air Lines’ corporate headquarters in Atlanta through 2036.

The agreement allows Hartsfield-Jackson Atlanta International Airport to move forward with a $6 billion capital expansion program, which includes plans to build two new domestic parking decks, add five additional gates to Concourse T, construct a sixth runway, and invest more than $900 million in a new international concourse. The new lease replaces the previous agreement which took effect in 1980 and was extended in 2009.

“Hartsfield-Jackson, the busiest airport in the world, established and plays an integral role in Atlanta’s position as a global economic center and preferred destination. It is an example of civic leadership over multiple generations of Atlanta’s progress,” said Richard Anderson. “Under Mayor Reed’s fine leadership and vision, today’s signing of the 20-year agreement provides the foundation for the next 20 years of investment so Atlanta remains the leading airport in the world, producing more than $50 billion a year and economic activity.”

Hartsfield-Jackson served 101 million passengers in 2015, becoming the first airport in the world to reach this milestone, with a Delta flight arriving in Atlanta officially identified as carrying the 100 millionth passenger. Together, Hartsfield-Jackson and Delta have a major economic impact on the City of Atlanta, the metropolitan region and the state. Delta Air Lines is the largest employer in the City of Atlanta, with more than 30,000 employees working at its headquarters. Hartsfield-Jackson employs 63,000 people, with a direct statewide economic impact of $70 billion.

This agreement marks the last momentous undertaking for Anderson, who joined Delta Air Lines’ Board of Directors in April 2007 and became CEO in September 2007. Under Anderson’s leadership, Delta has strategically recreated its business model, reduced debt and strengthened revenues. Anderson will retire from Delta’s CEO post effective May 2, 2016 and be elevated to Executive Chairman of the Delta Air Lines Board of Directors. Ed Bastian, currently President of Delta Air Lines, will be named CEO on May 2, 2016 and will work with the City of Atlanta to fulfill the airport use and agreement conditions.