Business

Business news

Washington's Employment Security Department is sending out 2011's tax-rate notices this week to more than 170,000 businesses.

The agency says next year's average rate will increase by nearly a full percentage point.  Most employers' rates are going up for the second year in a row.  It's the highest average rate in more than two decades. 

Photo by Huasheng Wang

China's aerospace sector is taking off.  Washington state has hundreds of suppliers - and many want in to that growing market.  The state's Department of Commerce is more than a year in to a new push to promote them.  

Tom Banse / N3

One of the catch phrases of the local food movement is “farm-to-table” -- eating food grown nearby. Now small forest owners want to join the local food party. And no, they’re not talking about feeding you sawdust. Instead, local forest products include edible mushrooms, berries, and a salad green called miner’s lettuce. 

U.S. Navy photo by Lt.j.g. Perry Solomon

A leading defense analyst who had previously predicted a Boeing win in the competition to build the US Air Force's next generation of refueling tankers now says Airbus parent EADS will likely get the $40-billion contract. 

Bellamy Pailthorp / KPLU

Unionized grocery workers in the region say they're glad they didn't have to go on strike.  But they say the threat of a massive walk out was what helped them get a new contract they could accept.  Votes tallied over the weekend show a resounding 95% approval.   

Richards Studio, Tacoma via Tacoma Public Library Archives

Tacoma is losing one of its landmark businesses.  Nalley Foods will close its local plant some time next year. 

Nalley’s has been well known for its brand of potato chips, pickles, and mayonnaise.  The chips were ubiquitous across the Northwest for decades, but that line was sold-off 15 years ago. 

Ted Warren / AP Photo

Washington’s sales tax on candy, soda and bottled water goes away today. Some candy and chocolate stores are bracing for a surge in business from corporate gift purchases that have been delayed until now to avoid the tax.

Flickr/Chris Guillebeau

How should we measure societal progress and success?  What is the economy really for?  Is the measure of Gross National Happiness, championed by the tiny south Asian nation of Bhutan, superior to our Gross Domestic Product?  How has Seattle become one of the centers in the U. S. pursuing such alternative measures?

Flickr, by aflcio/ Bernard Pollack

Organized labor flexed its muscles recently in our region, showing their influence behind the scenes. There won’t be any protests on the evening news.  But the threat of large-scale demonstrations this week by the Machinists Union and its supporters culminated in the cancellation of a conference meant to lure aerospace manufacturing to Mexico. It was scheduled to take place tomorrow in Seattle.  

A big tobacco company is using images of Seattle to convince people to light up.  It’s one of 10 cities featured in an ad campaign that follows the Camel cigarettes mascot to “hip” locations.  This month, the company plans to start selling limited edition packs with Seattle icons on it.

Flickr, by khalilshah

Nearly 100,000 people in Washington will get letters this week, letting them know how soon their unemployment benefits will run out.  Emergency assistance for the long-term jobless has expired.  

Boeing 787 Dreamliner
AP

Boeing's damaged Dreamliner No. 2 is back in the air – but not for test flights.  It's not clear when the new jet's test flight program will resume or how long the latest 787 delay will end up being. 

But Boeing says the Dreamliner that was badly damaged by an in-flight fire in Texas three weeks ago took off from Laredo at 12:06 p.m. Pacific Time and was expected to land at Boeing Field at 4:18 this afternoon.  

Gary Davis/KPLU

 Grocery workers and their employers have reached a tentative agreement after lengthy contract talks over the weekend.  This means shoppers no longer have to worry about a pre-Thanksgiving strike at the four big chains: QFC, Fred Meyer, Safeway and Albertsons.

Puget  Sound grocery workers gathered for a strike authorization vote
Courtesy UFCW 21

With just a week to go before Thanksgiving, there's new hope in the grocery workers contract dispute.  Negotiators are back at the table today  after a resounding majority of union members threatened to go on strike.

The latest figures are out, and the state's unemployment rate is unchanged from last month: 9.1%.

About 1,900  private sector jobs were added last month. That makes five consecutive months of job growth in private industry, according to the Employment Security Department. 

The public sector added 4,000 positions, largely due to education-related hiring in September.

In a statement released this afternoon, ESD noted:

Pages