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Red Light Camera Giant Redflex Loses $8 Million From Opposition

February 25th, 2010 No comments

Largest photo enforcement vendor reports that opposition groups have cut into company profits.

image_thumb2_thumb11_thumb[1] The number one speed camera and red light camera operator in the US today reported that its profits plunged by 32 percent in the first half of fiscal 2010, due in large measure to rising public discontent with automated enforcement. Redflex Traffic Systems told Australian shareholders that after adjusting for exchange rates, the company lost A$8 million, primarily as a result of citizen activists taking action against photo enforcement.

“The business, particularly in the US, has become more difficult over recent years, and the results reflect the influence of a range of adverse issues and circumstances on the business, including… the rise of opposition from various groups opposed to photo enforcement, resulting in challenges to programs through citizen initiated referenda,” a company statement explained. “A state wide ballot initiative [in Arizona] could result in negative impact.”

To date, citizen groups nationwide have succeeded in putting the question of photo enforcement on the ballot in nine cities. All nine voted to ban automated ticketing, with margins as high as 86 percent against the cameras (view list of cities). The largest citizen-led revolt so far is happening in the state of Arizona where the group CameraFraud.com has used a continual stream of protests, a Facebook page and other techniques to educate drivers that citations mailed from the program could be thrown away, unpaid. Only personally served notices are valid in the state. Redflex reported that the Arizona program so far has lost $4.9 million..

“Citation payment rates remain low due to the inability to achieve acceptable payment rates from violators,” the company explained. “Our push to reform the laws governing traffic enforcement with the Arizona Legislature and with the Arizona Supreme Court makes 2010 a critical year for our Company in Arizona…. Once corrective legislation is passed payment rates are expected to rise to the average historical payments rates typical for the Arizona business model.”

Discontent with photo ticketing has spread nationwide as politicians fear they may lose their jobs if they are responsible for bringing cameras into their community, although Redflex suggests the recession may also play a role.

“The rate of new contract signings has clearly decreased since a year ago,” Redflex admitted. “It is not clear at this stage whether this is driven by the economic environment, by the level of opposition, or by a slowdown in the rate of growth in the industry as a whole.”

A number of cities that use Redflex or a competitor have dropped the use of automated ticketing machines entirely. In California, Maywood and Moreno Valley dropped red light cameras while Loma Linda and Upland discussed the possibility of doing so. Avondale, Arizona and Dalton, Georgia also canceled their programs.

“As has been experienced over prior years, there is no guarantee that all contracts will be renewed at completion of their base contract term,” a Redflex statement explained. “Some cities have decided not to continue, and we have experienced early shutdowns in two cities.”

The company’s other major financial burden has been a lawsuit filed by American Traffic Solutions has cost Redflex another $1.3 million (more info). A shareholder revolt also cost the company $197,000 in expenses related to a change in the board of directors. Source

via Red Light Camera Giant Redflex Loses $8 Million From Opposition.

Tennessee’s December Unemployment Rate Climbs to 10.9 Percent

January 21st, 2010 No comments

Seasonally Adjusted Rate Up 0.7 Percentage Point from November

NASHVILLE – Tennessee Commissioner of Labor & Workforce Development James Neeley announced today Tennessee’s unemployment rate for December was 10.9 percent, up 0.7 percentage point from the November rate of 10.2 percent.

“This month we’ve seen a cumulative effect of statistical information which resulted in our high rate of unemployment,” reported Labor Commissioner James Neeley. “These figures are consistent with a weak holiday period that outweighed seasonal adjustments to the unemployment rate this time of year.”

The December rate a year ago was 7.6 percent. The national unemployment rate for December 2009 was 10.0 percent, equal to the November rate of 10.0 percent.

Major Changes in Estimated Nonagricultural Employment
November 2009 to December 2009

According to the Business Survey, 1,700 job gains occurred in retail trade; 1,200 in health care and social assistance; and 1,000 in professional, scientific and technical services. Major employment decreases occurred in manufacturing, down by 4,300; mining and construction declined by 3,900; and administrative, support and waste services declined by 2,900 jobs.

Major Changes in Estimated Nonagricultural Employment
December 2008 to December 2009

Year-over-year increases occurred in health care and social assistance, up by 8,700; federal government increased 1,500; and local government educational services gained 1,400. Manufacturing decreased by 27,600 jobs; trade, transportation and utilities lost 26,800; and mining and construction declined by 24,700.

November 2009 City/County Unemployment Rates for Tennessee

December 23rd, 2009 No comments

Rates Decrease in 50 Counties, Increase in 36, Remain the Same in Nine

NASHVILLE – Tennessee’s unemployment rate for November was 10.3 percent, down 0.2 percentage point from the October rate of 10.5 percent. The United States’ unemployment rate for the month of November was 10.0 percent.

County non-seasonally adjusted unemployment rates for November 2009, released today, show that the rate decreased in 50 counties, increased in 36, and remained the same in nine counties.

Lincoln County registered the state’s lowest county unemployment rate at 6.7 percent, down 0.2 from its October rate. Lauderdale County had the state’s highest unemployment rate at 18.6 percent, down 0.2 from the October rate, followed by Haywood County at 18.0 percent, up from 17.9 percent in October.

Knox County had the state’s lowest major metropolitan rate of 7.7 percent, down 0.1 percentage point from the October rate. Hamilton County was at 8.5 percent, down 0.2 percentage point from the October rate. Davidson County was 8.8 percent, down 0.1 from the previous month, and Shelby County was 10.0 percent, down 0.1 from the October rate.

NOTE: To see other Tennessee cities and counties, click on following link. http://www.tennessee.gov/labor-wfd/labor_figures/snovember2009county.pdf  image

Unemployment Nov09

Data is from the following links – Nov 2008, Dec 2008, Jan 2009, Feb 2009, Mar 2009, April 2009, May, 2009, June 2009, July 2008, August 2009, Sept 2009, Oct 2008, Nov 2009

Tennessee’s November Unemployment Rate Falls to 10.3 Percent

December 17th, 2009 No comments

Seasonally Adjusted Rate Down 0.2 Percentage Point from October

NASHVILLE – Tennessee Commissioner of Labor & Workforce Development James Neeley announced today Tennessee’s unemployment rate for November was 10.3 percent, down 0.2 percentage point from the October rate of 10.5 percent.

“As the year ends, we’re seeing evidence the economy is bottoming out and beginning to show some modest employment growth, which is encouraging news,” reported Labor Commissioner James Neeley.

The November rate a year ago was 7.2 percent. The national unemployment rate for November 2009 was 10.0 percent, down from the October rate of 10.2 percent.

Major Changes in Estimated Nonagricultural Employment
October 2009 to November 2009

According to the Business Survey, 7,300 job gains occurred in retail trade; 1,800 in professional and business services; and 1,300 in health care and social assistance. Major employment decreases occurred in durable goods manufacturing, down by 1,800; arts, entertainment and recreation declined by 1,300; and mining and construction declined by 1,000 jobs.

Major Changes in Estimated Nonagricultural Employment
November 2008 to November 2009

Year-over-year increases occurred in health care and social assistance, up by 7,500; federal government increased 1,500; and local government educational services gained 1,100. Manufacturing decreased by 29,800 jobs; mining and construction lost 28,200; and trade, transportation and utilities declined by 23,300.

Tennessee Department of Labor Announces Release of Online Application for Extension of Unemployment Benefits

December 8th, 2009 No comments

Approximately 25,000 Tennesseans Eligible for Additional Benefits

NASHVILLE — The Tennessee Department of Labor and Workforce Development is on schedule to complete the online applications for the latest federal extension of unemployment benefits. The application will be available on the Tennessee Department of Labor’s Internet site on December 11, and the first benefit payments are expected to be mailed December 18, 2009.

“This project has been given the highest priority, and the department’s Information Technology division has worked nights, weekends and holidays to do the extensive programming required of our systems to extend these benefits,” said Labor Commissioner James Neeley. “Those who have already exhausted their benefits should look for instructions in the mail this week with the status of their claim.”

Read more via Tennessee Department of Labor Announces Release of Online Application for Extension of Unemployment Benefits | TN.gov Newsroom.

October 2009 City/County Unemployment Rates for Tennessee

November 26th, 2009 No comments

Rates Increase in 39 Counties, Decrease in 42, Remain the Same in 15

NASHVILLE – Tennessee’s unemployment rate for October was 10.5 percent, unchanged from the September rate of 10.5 percent. The United States’ unemployment rate for the month of October was 10.2 percent.

County non-seasonally adjusted unemployment rates for October 2009, released today, show that the rate increased in 38 counties, decreased in 42, and remained the same in 15 counties.

Lincoln County registered the state’s lowest county unemployment rate at 6.9 percent, unchanged from its September rate. Lauderdale County had the state’s highest unemployment rate at 18.9 percent, up 0.1 from the September rate, followed by Hancock County at 18.0 percent, down from 18.4 percent in September.

Knox County had the state’s lowest major metropolitan rate of 7.8 percent, down 0.3 percentage point from the September rate. Hamilton County was at 8.8 percent, up 0.1 percentage point from the September rate. Davidson County was 8.9 percent, down 0.2 from the previous month, and Shelby County was 10.2 percent, up 0.1 from the September rate.

NOTE: To see other Tennessee cities and counties, click on following link. http://www.tennessee.gov/labor-wfd/labor_figures/september2009county.pdf image  Untitled

Data is from the following links –  Oct 2008, Nov 2008, Dec 2008, Jan 2009, Feb 2009, Mar 2009, April 2009, May, 2009, June 2009, July 2008, August 2009, Sept 2009, Oct 2008

Tennessee’s October Unemployment Rate 10.5 Percent

November 19th, 2009 No comments

Seasonally Adjusted Rate Unchanged from September

NASHVILLE – Tennessee Commissioner of Labor & Workforce Development James Neeley announced today Tennessee’s unemployment rate for October was 10.5 percent, unchanged from the September rate of 10.5 percent.

“While the national unemployment rate increased to 10.2 percent, Tennessee’s unemployment rate held steady at 10.5 percent for the second consecutive month,” reported Labor Commissioner James Neeley. “This continues a pattern of stabilization in most sectors of Tennessee’s economy.”

The October rate a year ago was 6.9 percent. The national unemployment rate for October 2009 was 10.2 percent, up from the September rate of 9.8 percent.

Major Changes in Estimated Nonagricultural Employment
September 2009 to October 2009

According to the Business Survey, 5,300 job gains occurred primarily in state and local government educational services; 5,000 in administrative, support and waste services; and 1,800 in private educational services. Major employment decreases occurred in leisure and hospitality, down by 6,900, mining and construction declined by 2,600, and manufacturing decreased by 1,400 jobs

Major Changes in Estimated Nonagricultural Employment
October 2008 to October 2009

Year-over-year increases occurred in health care and social assistance, up by 6,400; local government increased 3,300; and federal government gained 2,000; manufacturing was down 37,100; mining and construction lost 29,500; and trade, transportation and utilities declined by 28,700.

Chattanooga: 65,000 applications filed for VW jobs

November 17th, 2009 No comments

Volkswagen’s Chattanooga operations have received more than 65,000 applications for its local jobs, including 35,000 for production slots.

“We are overwhelmed by the response and we are very satisfied with the result. It gives us the confidence that we will be able to hire all the capable and flexible people we need to build our cars safely and with the highest quality,” said Hans-Herbert Jagla, executive vice president of human resources for VW’s Chattanooga operations.

Read more via Chattanooga Times Free Press | Chattanooga: 65,000 applications filed for VW jobs.

International Paper cutting 1,600 jobs, closing plants

October 23rd, 2009 No comments

Permanent closures to reduce IP’s North American capacity by 2.1 million tons

MEMPHIS, Tenn. – Oct. 22, 2009 – International Paper (NYSE: IP) today announced plans to close its paper mill and associated operations in Franklin, Va., and its containerboard mills in Pineville, La., and Albany, Ore. The company also announced it would permanently shut down the previously idled No. 3 machine at its Valliant, Okla., containerboard mill. The Valliant Mill’s other two machines will continue to operate. These permanent shutdowns will reduce the company’s North American paper and board capacity by 2.1 million tons.

“We recognize these are very difficult decisions affecting our employees, their families and the communities surrounding these mills,” said Chairman and CEO John Faraci. “We have concluded that we have excess capacity in our North American paper and packaging businesses, and these decisions will better match our supply with our expected customer demand.”

Since the onset of the global recession, the decline in demand for International Paper’s uncoated freesheet in North America has accelerated, and consequently the company has decided to further reduce its uncoated freesheet capacity.

In its containerboard and coated paperboard businesses, International Paper expects demand to resume growth as the economy rebounds. However, the company’s demand is not expected to return to 2008 levels in the near future. Therefore, permanent IP capacity closures are necessary.

The closures, which will impact about 1,600 employees, will result in permanent North American capacity reductions as follows:

via International Paper to Shut Down Three Mills

September 2009 County/City Unemployment Rates for Tennessee

October 22nd, 2009 No comments

Rates Increase in 11 Counties, Decrease in 83, Remain the Same in One

NASHVILLE – Tennessee’s seasonally adjusted unemployment rate for September 2009 was released last week at 10.5 percent, 0.2 percentage point lower than the August rate of 10.7 percent. The United States’ unemployment rate for the month of September was 9.8 percent.

County non-seasonally adjusted unemployment rates for September 2009, released today, show that the rate increased in 11 counties, decreased in 83 counties and remained the same in one county.

Lincoln County registered the state’s lowest county unemployment rate at 6.9 percent, down from 7.2 percent in August. Lauderdale County had the state’s highest unemployment rate at 18.9 percent, down from 19.7 in August, followed by Scott County at 18.4 percent, down from 19.1 percent in August.

Knox County had the state’s lowest major metropolitan rate of 8.1 percent, down 0.6 percentage point from the August rate. Hamilton County was at 8.7 percent, down 0.7 percentage point from the August rate. Davidson County was 9.2 percent, down 0.4 from the previous month, and Shelby County was 10.2 percent, down 0.4 from the August rate.

 

NOTE: To see other Tennessee cities and counties, click on following link. http://www.tennessee.gov/labor-wfd/labor_figures/september2009county.pdf

Unemployment-Sept-09data Unemployment-Sept-09graph

Data is from the following links –  Sept 2008, Oct 2008, Nov 2008, Dec 2008, Jan 2009, Feb 2009, Mar 2009, April 2009, May, 2009, June 2009, July 2008, August 2009, Sept 2009