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J.W.’s News Update: Friday July 8, 2011

Good Friday, Here are some stories making headlines today:

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******John Williams will be on vacation the week of July 11-15******

              See you again on Monday July 18th

The Texarkana College Board of Trustees held a budget workshop. The college is looking at red ink in the budget for the next several years. The board says they will work with the new President James Henry Russell, the faculty, staff, studetns and the community to get the finances back in shape.

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Hiring slowed to a near standstill last month. Employers added the fewest jobs in nine months and the unemployment rate rose to 9.2%. The Labor Department says the economy generated only 18,000 net jobs in June. The number of jobs added in May was revised down to 25,000.

High gasoline prices and supply-chain disruptions stemming from the Japan crisis and the weak housing market have slowed the economy.

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In Sports:

The 8th U.S. Circuit Court of Appeals has thrown out a judges order lifting the NFL Lockout, handing the league a key victory.

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