Author Archive for Waldo Jaquith

Page 140 of 549

We’re #1! …For Gas Prices

WINA notes that we’ve got the most expensive gasoline in the state, with an average of $3.61, compared to a state average of $3.42. The cheapest fuel is in Richmond, at a $3.33 average. Not explained by WINA is why that’s so. I returned from week-long back-to-back trips today, and driving through Curricuck County, NC (just south of the VA border) I paid $2.99/gallon to fill up, which was a common price throughout the area. When I saw the price, I actually did a double-take, followed by a cartoon-style wwaaahhhh?

Twenty Year Old Murdered on 2nd Street

Twenty year old Joshua Lee Gibson was stabbed to death at the entrance to Friendship Court yesterday afternoon, Tasha Kates reports for the Daily Progress. Lamont Jermaine Blakey, aged 26, has confessed to the killing, and is in custody. Gibson was stabbed in the chest with what’s said to have been a foot-long knife. Also injured was 44-year-old James Edward Brown, though he’s in good condition with a knife wound to the thigh. It’s thought that the murder was sparked by an argument over a woman.

This is the second murder in the neighborhood in just over two months—19-year-old Joshua Anthony Magruder was shot to death two blocks away in July.

Unemployment Up; Still Relatively Low

Unemployment in the region is at a six-year high, Brian McNeill writes in the Progress, but it’s still not bad. We’re at 4.1%, compared to 4.6% statewide and 6.1% nationally. That’s a 55% increase over August of last year. (And it was just January of last year that the city had one of the lowest unemployment rates in the nation.) It’s well worth noting that unemployment numbers are based on the number of people still seeking employment; anybody who gives up to wait for the job market to improve is dropped from the rolls. Broadly speaking, a rate of 5% unemployment is considered normal and healthy, since there is always going to be a certain number of people between jobs.

We had a nasty drop off of employment, both in raw unemployment numbers but also in underemployment, back when Ix, Comdial, and Technicolor folded, laid off their local workforce, and moved operations to Mexico, respectively. That put a lot of career blue collar workers out of work or left them delivering pizza (making them technically employed). That 1998-2002 period was followed by the unsurprising discovery that area income was dropping.

If the global economic woes are a hurricane, and Charlottesville is a beach town, the good news is that we’ve got the coastal wetlands of the university to buffet the waves. (Admit it—that metaphor was awesome.) Though UVa is making it tough to hire new employees now, and a hiring freeze is rumored, there’s just no reason to expect layoffs now, as there virtually never has been there.

Coiners’ Sold

Coiners Scrap Iron and Metal has been sold, Christina Mora reports for NBC 29. The Meade Avenue business, in its 101st year, is now owned by the Roanoke-based Cycle Systems, which is nearly as old. Cycle Systems has been on an acquisition binge in the past decade, snapping up scrap metal companies in Harrisonburg, Waynesboro, Staunton, Martinsville, Pulaski, and South Boston. Because the sale is private, it’s not known how much walking around money Preston Coiner has suddenly found himself with.

UVA Adds a New Dorm

UVa has finally built a new dorm, the first of seven long-promised new ones, Katie Bo writes in today’s Cavalier Daily. The university has had a housing shortage for the last half decade, pushing students out to rent houses, which drives up the cost of housing in Charlottesville. The Kellogg dorm has such new-fangled technology as air conditioning, elevators, and the internets. It’s a start, but it’s not like others are following close on its heels: the plans for the next one won’t even be finished until next year.

Sideblog