Economy and Economics

www.myvirginiadirectory.com

Virginia's highways are dotted with small towns struggling to find new purpose and life. Like Rocky Mount in Franklin County, most have a history of agriculture or manufacturing that has left main streets boarded up.

A decade ago Rocky Mount town leaders decided they wanted to revitalize their town and music was the path to that.

Tab O'Neal visited the Harvester Performance Center in Rocky Mount where, in just 18 months, it is making a huge impact on the town and Franklin County.

Online Family Budget Calculator

Sep 4, 2015

A new online budget calculator shows many Virginia working families aren’t making enough to get by.

The Economic Policy Institute’s budget cruncher takes local data on a variety of costs, including, food, housing, and health care, and then calculates the numbers for the household size.

Laura Goren with the Commonwealth Institute for Fiscal Analysis says the calculator shows many families are fighting a big gap between what they make and what they need.

The calculator is available here.

Art Turns Housing into Homes

Aug 25, 2015
http://www.smallchichome.com/

Shelter is a big problem for many people in Virginia. Up to 40,000 may be homeless for some period of time during any given year, with many cycling through housing and back to the streets.

Now, a Central Virginia group is using art and interior design to attack the problem.

The Haven day shelter is one block from the popular pedestrian mall in Charlottesville, in a stately, brown-brick church built in 1837. The sign out front reads, “The Haven, everyone needs a place to start.”

The Department of Labor has recently implemented an online program aimed at distributing money that belongs to workers who may, or may not, know they’ve earned it. 

The Wage and Hour division of the U.S. Labor Department is currently holding over $1 million in back wages in Virginia that they say belongs to 2,800 workers throughout the state. Mary Doughty is the Director of Operations for the division, she says that money is left behind for a variety of reasons:

Virginia businesses are breathing a sigh of relief at the news that the current rate of jobless benefits claims is much lower than the very high number of claims during the recent recession.  This means they likely will NOT have to pay the higher amount of business taxes triggered by state law whenever the unemployment trust fund dips too low.

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