Business & Technology

The U.S. Department of Labor has set aside nearly $100 million in grants for states to set up or improve existing short-term compensation programs, commonly referred to as "work sharing."

Louisiana's share of the grant is $1.5 million. Work sharing allows employees to keep their jobs and helps employers to avoid laying off their workforce during economic downturns by reducing the hours of work for a group of affected workers.

Chevron has completed construction on a 150,000-square-foot storage facility in Terrebonne Parish to support its operations in the Gulf of Mexico.

The facility, located on Louisiana Highway 24 in Gray, will employ 25 people and serve as the storage hub for materials essential to Chevron's oil and gas exploration activity in the Gulf.