W.Va. unemployment rate steady in January
CHARLESTON — West Virginia’s seasonally adjusted unemployment rate was unchanged in January at 7.4 percent.
WorkForce West Virginia said Tuesday that the number of unemployed state residents increased by 100 to 60,300.
The goods-producing sector saw an employment gain of 1,500, while the service-providing sector lost 600 jobs.
Within the goods-producing sector, job gains included 1,100 in logging and mining, and 400 in construction.
Within the service-providing sector, job gains of 800 in leisure and hospitality and 600 in financial activities were offset by declines of 1,000 in government and 800 in educational and health services.
Nationally, the unemployment rate rose slightly to 7.9 percent in January.
West Virginia’s unadjusted unemployment rate rose a full percentage point in January to 8.3 percent.
Ohio ranks near top in business development
COLUMBUS, Ohio — Ohio is getting some national recognition for business development and job creation.
The Buckeye State ranked second in the country behind Texas last year for attracting new companies and business expansion. That’s according to the annual list compiled by the business trade magazine Site Selection.
The Columbus Dispatch reports that several Ohio cities were recognized, too.
Columbus finished 10th among metropolitan areas with a population of at least 1 million people, and Cincinnati finished eighth.
Lexmark to pay $31.5M for 2 more acquisitions
LEXINGTON, Ky. — Lexmark International Inc. is buying two smaller companies for a total of $31.5 million as part of its effort to reverse a slump brought on by waning demand for computer prints and ink.
The deals announced Tuesday mark Lexmark’s seventh and eighth acquisitions during the past three years. The shopping spree has cost the Lexington, Ky., company more than $610 million so far.
Lexmark’s newest additions are Twistage, a New York company that sells tools for managing video, photos and audio on the Internet and mobile devices. The growth of digital media that can be reached on any Internet-connected device is one of the reasons that people are using computer printers less frequently.
Lexmark also is buying AccessVia, a Seattle company that makes software used by retailers to place signs and labels in their stores. AccessVia’s technology is being used by more than 75 retailers, including Best Buy Co., Safeway Inc., Office Depot Inc. and Family Dollar Stores Inc.
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