An informative panel forum titled "Doing Business in the Affordable Care Act Era" was hosted by Inside Business at The Founders Inn on June 27. Hampton Roads Chamber of Commerce President & CEO Bryan K. Stephens was one of the five panelists. One of todays biggest concerns for businesses is a healthy workforce. so this presentation and panel dialogue was timely. The Affordable Care Act (ACA) is the national health reform, which includes new responsibilities and opportunities for employers.
CNBC concludes their rankings for the 2014 Americas Top States for Business. Taking the No. 1 spot is Georgia with a total of 1,659 out of 2,500 points.
Glassdoor, the online career community, has released their second annual Employment Satisfaction Report Card. Over 500,000 people were surveyed to determine which U.S. cities you should be working in. With 2,137 employers hiring, the Hampton Roads ranks number four on the list of 50 metros, a prominent leap from 12th place last year.
Commonwealth Secretary of Commerce and Trade, Maurice Jones, briefed the Hampton Roads Chambers Executive Committee on June 11. Prior to this position, Jones was Publisher of The Virginian-Pilot and 2012 Chair of the Hampton Roads Chamber. In 2012 and 2013, he served as Deputy Secretary of the U.S. Department of Housing and Urban Development. Jones provided an informative snapshot of the economy, on the state and local level, and provided an opportunity for the Chamber's volunteer leadership to dialogue on economic issues important to the region.
As of April 2014, Hampton Roads unemployment rate fell to its lowest level in over five years to 5.1%. This is the lowest level, not accounting for seasonal positions.
A group of business leaders and citizens gathered at the Amtrak station in Norfolk on June 5 for the announcement of the formation of Mobility Matters, an advocacy movement designed to engage citizens and promote regional cooperation on the future of transportation in Hampton Roads. Mobility Matters will be reaching out to the public through a series of meetings to gather feedback and support for what organizers see as a critical component to the future of the local economy a reliable and seamless transportation network.
As Virginia is home to more than 30 Fortune 1,000 companies and over 70 firms with annual revenues over $1 billion, this is an opportunity to celebrate the constant role businesses play in shaping a more prosperous Commonwealth.