Rochester area loses 7,100 (Buffalo, Charlotte: month to, employment, school)

[Rochester-WNY]

Rochester area loses 7,100 jobs in past 12 months
Click^

This is not a friendly number. Though our economy is doing bad is our defense. I would also like to know how many of those jobs are retirees.

The plus side of this is(If you can call it a plus) the Rochester-area unemployment rate is 5.7 and the national unemployment rate 6.1 so we are just as bad as anywhere else in the nation. I wonder how many jobs Buffalo or syracuse lost? I bet more but I am going on history, Rochester has always been better off economically.

[garmin239]

The national unemployment rate is around 6.1 percent.
This has more to do with national trends than local ones. Lots of places have lost jobs. Even Charlotte has seen layoffs. There will be more to come for us and everywhere else in the country.

[Rochester-WNY]

Thank you, I did that post to fast.

[shibainu]

Originally Posted by Rochester-WNY

Rochester area loses 7,100 jobs in past 12 months
Click^

This is not a friendly number. Though our economy is doing bad is our defense. I would also like to know how many of those jobs are retirees.

The plus side of this is(If you can call it a plus) the Rochester-area unemployment rate is 5.7 and the national unemployment rate 6.1 so we are just as bad as anywhere else in the nation. I wonder how many jobs Buffalo or syracuse lost? I bet more but I am going on history, Rochester has always been better off economically.

Buffalo since the beginning of the year has gained 12,400 jobs
If you go Aug. to aug it is up 100 jobs

[garmin239]

Originally Posted by shibainu

Buffalo since the beginning of the year has gained 12,400 jobs
If you go Aug. to aug it is up 100 jobs

If you look at the DOL website, Buffalo has had a 0% gain from last August, the time frame that the Rochester article is talking about. And if you are going to bring up how many jobs have been added since the beginning of the year, it says that Rochester added around 8000.

[I'minformed2]

It should also be added that both of those numbers are not seasonally adjusted. Month to month employment figures aren't a good inidcator of real job growth because they reflect seasonal changes in employment (surge in jobs for summer, drops off in the fall, picks back up for the holidays, etc.)

[juppiter]

there's no positive spin on this.... with the government taking over all these companies, new york now has zero chance of getting that tax revenue back.

it's about to get real rough. we haven't even seen recession yet imo.

[shibainu]

Originally Posted by garmin239

If you look at the DOL website, Buffalo has had a 0% gain from last August, the time frame that the Rochester article is talking about. And if you are going to bring up how many jobs have been added since the beginning of the year, it says that Rochester added around 8000.

That is good they created jobs.

[subcriminal]

I went to school in Rochester for 7 years. Seems most of the big employers are the universities (RIT and U of R), Xerox, B&L, Kodak and the genisee brewery. If any of the companies hit hard times, the impact on empoyment levels for the city can flux quite a bit.

[rochacha]

I think it would be more meaningful if they told what kinds of jobs were created or lost...I think if we lost 5,000 bartending/cashier jobs but gained 3,000 engineer jobs, then the 2,000 job loss would really be a net positive for the region's economy.