First Horizon and TD Bank have called off a $13 billion deal that would have formed America’s sixth-largest bank, adding to the turmoil sweeping the country’s regional lenders.
Caught up in the worst banking crisis since 2008, First Horizon (FHN)’s share price has plunged about 40% over the past couple months, falling well below the $25 per share that TD offered when the takeover was announced in February 2022.
Source: CNN
The goal of the program is to have more qualified, highly-skilled nurses enter the healthcare workforce at a time when Louisiana and the nation are facing a critical shortage, the university said in a release.
Source: The Advertiser
Unemployment in the Lafayette metro area ticked up .4 points in 2022. The region also saw the sharpest decline in labor force in the state, shedding 1,700 workers.
All of Louisiana’s nine metro areas’ unemployment rates increased from November to December 2022 as well, with the state seeing its rate increase for the first time since the beginning of the COVID-19 pandemic.
Source: The Advertiser
Young folks don’t necessarily want to leave Lafayette. But they say it feels impossible to stay.
Weigh in and get tickets to the Undercurrent Awards.
A generational challenge has no easy solutions. But there are opportunities to pivot using what we already have at our disposal.
Few will admit it out loud: What has been Lafayette’s most important economic sector will likely never recover the ground it lost.
The gist: A new economic forecast projects that the Lafayette metro area will lead the state in jobs lost from the first quarter of this year to the second. Modeling by economist Gary Wagner of UL Lafayette’s B.I. Moody III College of Business Administration shows the area recovering less than 10% of those jobs over […]
Projections by the St Louis Federal Reserve Bank rank the Lafayette metro area as having the 20th highest percentage of jobs at high risk of unemployment due to the coronavirus out of the 150 largest metro areas in the country.
Louisiana Economic Development is hosting a career fair in Baton Rouge to help CGI fill the 400 new jobs the consulting giant is creating in Lafayette. In January, LED hosted a job fair to help IBM recruit people in Lafayette to work in Baton Rouge.
At a job fair tomorrow at South Louisiana Community College IBM will try to recruit people to move from Lafayette to Baton Rouge with the help with LED.
Get it first. Sign up for our free newsletters. Learn more »