Washington’s Employment Security Department says the state now has more people working than before the start of the Great Recession.
It's an important milestone in the recovery. And though it comes as a result of genuine progress, it received an assist from a federal benchmarking that showed the state didn’t lose as many jobs as originally thought.
Private equity firm Cerberus Capital Management has offered to buy Safeway, Inc., the nation's second-largest grocery chain, for a reported $9.4 billion. Cerberus plans to merge Safeway with another grocer, Albertson's.
"Safeway has been focused on better meeting shoppers' diverse needs through local, relevant assortment, an improved price/value proposition and a great shopping experience that has driven improved sales trends," Safeway CEO Robert Edwards said in a statement. "We are excited about continuing this momentum as a combined organization."
David Hyde talks with Rich Sexton, chair of the Agricultural and Resource Economics Department at the University of California, Davis. Sexton explains the making of the alpaca boom and why it's now bursting.
Sean Green, seated right, is congratulated by Sean Fitzgerald, left, as Scott O'Neil looks on before Green is issued his new Washington state legal marijuana license Wednesday, March 5, 2014, in Olympia, Wash.
Ross Reynolds talks with Tim Harford, Financial Times columnist and author, about his new book "The Undercover Economist Strikes Back: How to Run – or Ruin – an Economy."
The book focuses on the work of macroeconomists and how they believe that tweaking the right dials can steer our economy away from danger. Harford also offers a macroeconomic perspective for Seattle's on-going minimum wage debate.