Friday, June 5, 2009

Daily Briefing, 6/5/2009

Good morning everyone! Here is today's Daily Briefing.

The bad economy is forcing everyone to make tough choices - one such example is the Quakertown School District, in which teachers unveiled about $700,000 in salary concessions to keep staffing and program cuts to a minimum. In Lehigh County, overtime hours are down 5%, yet the cost of that overtime remains about the same from last year. In Northampton, County Council agreed on how $2.8 million from the casino will be divided in Northampton County. The authority will have representatives from Bethlehem and the five neighboring municipalities. Ron Angle is apparently considering suing over a lack of representation for the Slate Belt and Nazareth area. The County also approved a $16 million bond for a juvenile center, parking deck repairs and bridge repairs. And, who says your vote doesn't matter? In Northampton County, four races from the May 19 primary ended in ties - this means that ping pong balls will be used to determine a winner.

In national news, unemployment numbers are still rising but the pace of that increase is slowing, with 520,000 jobs lost in May - the lowest number since October and the 2nd straight month that unemployment claims slowed. And the last formal effort by a Governor to not accept stimulus funding was stopped yesterday, as the South Carolina Supreme Court ruled that the state is required to accept stimulus funding.

We have one Chamber event today, and it's a big one: our annual Celebrating Women conference.

And that's it! Have a great weekend and we'll see you Monday.

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