Page 24 - aruba-today-20170722

Saturday 22 July 2017 BUSINESS
A24

Jobless rates fall below 4 pct. in nearly half US states

By CHRIS S. RUGABER rose in only 2. Rates were firing. percent pace normally as- most in four months. The
AP Economics Writer stable in the other 38 states. The rate has fallen below 3 sociated with a healthy unemployment rate ticked
WASHINGTON (AP) — Hir- After five years of steady percent in five states: Colo- economy. North Dakota’s up to a still-low 4.4 percent
ing rose last month in 14 hiring, unemployment rates rado, Hawaii, Nebraska, unemployment rate fell to from 4.3 percent. Nevada,
U.S. states in June, and the have fallen below 4 per- New Hampshire and North 2.3 percent, a record low Iowa and Georgia report-
unemployment rate fell to cent in 23 states. Unem- Dakota. When unemploy- for the state dating back ed the largest percentage
record lows in two states, ployment that low suggests ment falls that low, busi- to 1976 and tying for low- job gains, followed by Ne-
evidence that the job mar- that those states are at “full nesses may be forced to est in the nation with Colo- braska and West Virginia.
ket is getting tighter across employment,” when nearly raise pay to compete for rado. Tennessee’s rate of The biggest job gain was
much of the country. everyone who wants a job scarce workers. So far, 3.6 percent is also a record in Texas, which added
The Labor Department said has one and the unem- wage gains nationwide low for that state. Nation- 40,200 positions, followed
Friday that unemployment ployment rate reflects the remain at about 2.5 per- wide, employers added by Georgia with 27,400 and
rates fell in 10 states and normal churn of hiring and cent a year, below the 3.5 222,000 jobs in June, the New York with 26,000.q
Ford says it will fight latest expansion of Takata recall

By TOM KRISHER said its trucks are based on
AP Auto Writer Ford’s Ranger, so it decid-
DETROIT (AP) — Ford is fight- ed to follow Ford in seeking
ing the latest expansion of a recall exemption.
the Takata air bag inflator The inflators in question
recall. were produced by Takata
Earlier this month, Takata from 2005 to 2012. NHTSA
filed documents with the says there have been no
U.S. government adding ruptures in the real world
2.7 million vehicles to the or in testing, and that oth-
recall from Ford, Nissan and er Takata inflators with the
Mazda. All have inflators drying agent have not
with a drying agent that been recalled.
previously were thought to The agency said Friday
be safe. that Ford and Mazda filed
But the National Highway recall notices with the
Traffic Safety Administra- agency but also said they
tion has said that Takata will turn in petitions seeking
tests showed the inflator to avoid additional recalls.
propellant can degrade Such paperwork has to be
and will pose a safety risk filed within 30 days, and
if the inflators aren’t re- NHTSA will make the final
placed. decision. Ford vehicles in
Nissan agreed to recall This photo shows TK Holdings Inc. in Auburn Hills, Mich. Ford is fighting the latest expansion of the question include the 2006
about 515,000 Versa cars, Takata air bag inflator recall. through 2012 Ford Fusion,
but Ford and Mazda filed (AP Photo/Paul Sancya) Mercury Milan and Lincoln
petitions to avoid a recall. million vehicles and up to agent called a desiccant flators. “At this point there is MKZ sedans, the 2007 to
Takata inflators can ex- 69 million inflators being stopped the chemical from no data to suggest a recall 2011 Ford Ranger pickup
plode with too much force called back for repairs. degrading.Ford, which has is needed,” the company and the 2007 through 2010
and spew shrapnel into Takata uses the chemi- more than 2 million vehicles said in a statement. Ford Edge and Lincoln MKX
drivers and passengers. As cal ammonium nitrate to involved in the latest recall, Takata also identified SUVs.
many as 18 people have inflate air bags. But it can says the propellant has not about 6,000 Mazda B- Nissan’s recall covers just
died and more than 180 in- deteriorate when exposed deteriorated in any of its in- Series pickup trucks from over 515,000 Versa sub-
jured due to the problem. to high airborne humid- flators taken from vehicles 2007 through 2009 that also compact hatchback
The inflators have caused ity and high temperatures. in the field. The company have the potentially faulty and sedans from the 2007
the largest automotive re- Previously the company says it will file a petition with inflators. Mazda, which through 2012 model years.
call in U.S. history with 42 believed that a drying NHTSA to further study its in- used to be owned by Ford, q.

Legendary wildcatter Boone Pickens takes a Texas-sized fall

DALLAS (AP) — Famed oil- Pickens fell in the early Pickens said he suffered much.” Pickens built one Gulf Oil, among other com-
field wildcatter, financier morning hours of July 11 several strokes over the of the country’s biggest in- panies.
and corporate raider T. and was admitted to Baylor Christmas holiday. He said dependent oil companies, He’s also given away more
Boone Pickens is address- Hospital in Dallas, spokes- he’s regained 90 percent Mesa Petroleum, before than $1 billion to philan-
ing health issues after a man Jay Rosser said Friday. of his speech through ag- moving on to BP Capital thropic causes, according
“Texas-sized fall” put him in He was released from the gressive therapy and deter- and founding clean trans- to BP Capital’s website.
the hospital last week. hospital Monday and is in mination. “Many of those portation fuels company Pickens said he remains up-
In a posting to LinkedIn, the daily physical and speech who face adversity like this Clean Energy. beat about the future.
89-year-old Pickens said he therapy, while still engaged at 89 choose to hide it,” he He rose to national promi- “That’s the way to ap-
is still mentally strong but with the office of his Dallas wrote. “My life has always nence in the 1980s when proach life. Be the eternal
that as far as his life goes, investment firm, BP Capital, been an open book. Some he led a series of takeover optimist who is excited to
“I clearly am in the fourth and his various business en- chapters of my life have attempts, targeting Phil- see what the next decade
quarter.” tities, Rosser said. been great. Others not so lips Petroleum, Unocal and will bring,” he said.q