<!– State Economic Development Bulletin <!– <!– Latest News <!– <!– U.S. Job Openings Rise, Underscore Hiring Difficulties (Bloomberg). U.S. job openings rose to a record high in May, underscoring persistent hiring difficulties and reflecting more vacancies in the health care, education, and hospitality industries. The number of available positions climbed to 9.21 million […]

  <!– State Economic Development Bulletin <!– <!– Latest News <!– <!– Employment Higher in all 50 States (Bureau of Labor Statistics). Nonfarm payroll employment increased in all 50 states and the District of Columbia between April 2020 and April 2021. The largest job increases occurred in California (+1,302,100), New York (+1,029,800), and Texas (+1,007,100). […]

  <!– State Economic Development Bulletin <!– <!– Latest News <!– <!– How States Can Address Capital Access with SSBCI 2.0 (SSTI). The American Rescue Plan Act authorizes a $10 billion State Small Business Credit Initiative (SSBCI). This funding is unlike other small business assistance programs authorized during the pandemic emergency as it specifically provides […]

  <!– State Economic Development Bulletin <!– <!– Latest News <!– <!– State Funding Breakdown for American Rescue Plan Act (Rockefeller Institute). After a year of fiscal uncertainty, state and local governments are receiving resources through the American Rescue Plan Act that will allow them to close budget gaps and restore services that were lost […]

Latest News SSBCI 2.0 Delivers $10 Billion to State Finance Programs (Council of Development Finance Agencies). The American Rescue Plan Act of 2021 includes funds to support the relaunch of the State Small Business Credit Initiative (SSBCI). The reauthorization of SSBCI is a major step forward in recognizing the economic challenges faced by underserved communities […]