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Business Beat: July 14, 2010 July 14, 2010

Posted by kbianews in KBIA.
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Governor Nixon announces the opening of a sugar substitute’s production facility in Moberly. Nixon says the new facility will create 612 new jobs. (Photo by: Rebecca Wolfson, KBIA News.)

On this week’s Business Beat from KBIA:A Columbia Youth Program is hoping to make it easier for teens to find summer jobs. Plus, a multinational sugar substitute company is setting up shop in Moberly. And, the Department of Economic Development releases its June 2010 state jobs report. Hosted by KBIA’s Courtney Flatt.

Click here to hear the show.

Youth around the country may be having a harder time finding summer jobs than ever before.  But, in Columbia, one program is hoping to help out a bit.

Gov. Jay Nixon announced last Friday that a large company will soon set up shop in Moberly. The town of less than 15,000 people in America’s Heartland will soon be the new home to a multinational sugar substitute company’s production facility.

Also good news on the jobs front: The Missouri Department of Economic Development released a report Monday that says employment numbers increased in June for the fifth straight month. The DED report says last month’s employment rate was the lowest Missouri has seen in a year, at 9.1 percent. That’s all in spite of loosing about 3,300 government jobs in June, which were mainly temporary Census workers.

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