Business Briefs
[naviga:h3]Farmers National hires senior VP[/naviga:h3]
Christopher Martin has been hired by Farmers National Bank of Emlenton as senior vice president, chief retail banking officer.
Martin has more than 28 years of experience in banking, management, leadership, sales and customer service. He most recently served as vice president of retail banking at Apollo Trust Co.
In his new position, Martin will be responsible for the administration and operation of the bank’s full-service offices including branch operations, consumer and real estate lending, product sales and customer satisfaction.
Martin serves on the board of trustees for the Butler County Family YMCA and serves as a board member for both HM3 Partners Independence Care Fund and the Robert Morris marketing department advisory board.
Farmers National Bank of Emlenton is an independent community commercial bank headquartered in Emlenton with 17 offices in Allegheny, Butler, Clarion, Clearfield, Crawford, Elk, Jefferson, Mercer, and Venango counties and Hancock County, W.Va. The bank is a subsidiary of Emclaire Financial Corp.
[naviga:h3]Record job figure drives up wages[/naviga:h3]
WASHINGTON — U.S. employers advertised the most jobs on record in July, and the number of workers quitting their jobs also hit a new all-time high.
Americans are taking advantage of a tight labor market to find new, often higher-paying jobs.
The Labor Department said Tuesday that the number of job openings rose 1.7 percent to 6.9 million, the most on record dating back to late 2000. The number of people quitting jumped 3 percent to 3.58 million, also a record.
With the unemployment rate near an 18-year low of 3.9 percent, businesses are desperate to find workers. Even as the number of available jobs rose, overall hiring was essentially flat, the report showed.
Still, last month employers added a healthy 201,000 jobs in August, according to the government’s monthly jobs report, released Friday. The jump in job openings in July suggests solid hiring will continue.
With the economy growing at a healthy clip, employers are optimistic about future demand and want to hire more. That appears to be finally pushing some employers to pay more, pushing up wages.
[naviga:h3]Apple to unveil bigger iPhone[/naviga:h3]
SAN FRANCISCO — Apple is expected to unveil its biggest and most expensive iPhone on Wednesday as part of a lineup of three new models aimed at widening the product’s appeal amid slowing sales growth.
Most of the buzz is swirling around a rumored iPhone that is supposed to boast a 6.5-inch OLED screen, up from 5.8 inches on the existing iPhone X. OLED is a step up from traditional LCD technology. in offering a display without a backlight, so black is truly black.
