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Thursday, September 02, 2010
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Workforce

	State gains jobs, unemployment flat by Traci DeLore
	The state may have seen its largest monthly job increase in July since 2005, but the uptick had little effect on unemployment. The state added 29,000 private-sector jobs in July, but the unemployment rate was unchanged from the previous month at 8.2 percent, according to a Labor Department news release. That's down from 8.7 percent in July 2009.

	Area projects receive state grants by Traci DeLore
	A number of Central New York projects will receive a financial boost from Empire State Development as its board of directors approved $9.3 million in new funding today. The city of Oswego received $1 million from the Restore New York Communities Initiative for its harbor revitalization project, which will cover a portion of the construction costs for a 36,000-square-foot expansion of the existing Best Western Captain's Quarters Hotel. The new facilities will include 18 additional hotel rooms and a new restaurant for a total cost of $5 million.

	Gillibrand wants tax credit extended by Eric Reinhardt
	U.S. Sen. Kirsten Gillibrand (D-N.Y.) is pushing to make permanent a tax cut for businesses that hire veterans. The "Work Opportunity Tax Credit," which was part of the federal economic stimulus package, is meant to encourage companies to hire veterans returning from Iraq and Afghanistan.

	MedTech president to co-chair national alliance by Kevin Tampone
	MedTech President Heather Erickson is one of two new co-chairs of the State Medical Technology Alliance, a national network of associations representing medical-device companies. Erickson's co-chair is Joseph Panetta, president and CEO of BIOCOM in Southern California. Syracuse-based MedTech is a trade association representing medical device and technology firms in upstate New York.

	Per capita personal income up in Utica-Rome by Kevin Tampone
	Per capita personal income in the Syracuse and Binghamton metropolitan statistical areas fell between 2008 and 2009 while rising slightly in the Utica-Rome area. The U.S. Bureau of Economic Analysis reported the latest personal-income statistics today. Per capita personal income fell 0.5 percent in the Syracuse area to $36,784 in 2009 and dropped 0.7 percent to $34,116 in the Binghamton area.

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Business Of The Week

	Staff education key to CPS success
	LIVERPOOL — Usually, sister companies Contemporary Personnel Staffing, Inc. and Professionals, Inc. see their slowest revenue growth during the first quarter of the year. That’s not the case this year.

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Viewpoints

	Small Business Development Centers Provide Solutions in Tough Times
	Those operating small businesses today have seen some exciting and challenging changes in the marketplace that influence the way people live and do business. From the Internet to e-mail to blackberries and globalization, the business landscape is eve

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Featured Channel

	Podcasts Business Briefs from The CNYBJ
	A Syracuse firm wins a federal contract, and an Upstate bank taps interim leadership. Hear details in this recording of "Business Briefs from The Central New York Business Journal," as aired on NewsRadio 570 WSYR in Syracuse.

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Work-Force & Economic Development

OPINIONS

From The Publisher

	Celebrating Washington Station
	Spending on office buildings, which has dropped 47.5 percent since the September 2008 record-spending high, is nearing a 13-year low, according to the Institute for Trend Research. Permits for new-office construction have dropped 26.7 percent just since last December. Office vacancy rates in the second quarter of 2010 increased to 17.4 percent, the 10th consecutive quarterly rise. Construction of office buildings is projected to close 2010 at nearly 32 percent below 2009.

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ROMBEL ON BUSINESS BLOG

	Another Jobs Report, Another Disappointment
	Another month brought more disappointing news on the pace of hiring. Businesses added fewer jobs than expected in July, and previous estimates of private-sector hiring were revised downward, the U.S. Bureau of Labor Statistics reported today.

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VIEWPOINTS/OP-EDS

	How to Turn the Economic Tide in Your Favor
	Even the most self-assured and stoic among us feel the intensity of the times. The economic recovery seems quite elastic at best. Today’s good news can disappear as quickly as it appeared.

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On The Move

	People on the Move - GB - 8/30/2010
	BANKING & FINANCE Wilber National Bank has appointed Kenneth W. Giblin, Jr., to the position of senior mortgage account representative in its Provantage Home Loans division.

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Market Research

Top Ranks Lists
The 2010 Book of Lists electronic edition may be downloaded in Excel format. These 62 lists include key business information (when available) such as number of employees, revenue, products/services offered, and top executives for each company.

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