October 10, 2007

Job Growth for Erie-Niagara

The Buffalo-Niagara area ranks fourth in the state for employment growth, according to a new report from the U.S. Bureau of Labor Statistics. The local metropolitan area, which includes Erie and Niagara counties, had 547,200 jobs as of August 2007. That was 2,300 more than the August 2006 total of 544,900.

Here are the year-to-year job-growth figures for the 12 metropolitan areas across the state. Their national ranks are in parentheses:
- New York City, up 79,800 (1st)
- Albany-Schenectady-Troy, up 3,100 (97th)
- Rochester, up 2,400 (124th)
- Buffalo, up 2,300 (126th)
- Poughkeepsie, up 2,200 (137th)
- Kingston, up 1,600 (167th)
- Syracuse, up 1,200 (198th)
- Glens Falls, up 300 (289th)
- Elmira, up 100 (305th)
- Ithaca, no change (312th)
- Utica-Rome, no change (312th)
- Binghamton, down 400 (343rd)

Detroit ranked last among the nation's 367 metros, losing 22,000 jobs
during the past year. Atlantic City, N.J., was the runner-up with a decline
of 3,100.

4 comments:

Niagara Prognosticator said...

Casino

Virtual Unreality said...

No way, Prog. The data is for the same period one year ago. The casino opened, what, four years ago? They did not hire 2,300 people in the past year.

Niagara Prognosticator said...

A new hotel and add the service jobs surrounding the casino and that is the only visible growth. Call it tourism related. The foot traffic around downtown Niagara Falls has been noticeably increasing over the last couple of years. Hotel occupancy rates are up.

Seems that most of the other major employers have been downsizing. Delphi, NF Air base, even most school districts are losing students, increasing class sizes and reducing personnel. Most other governments are doing the same.

Its either that, or the stats are somehow skewed. That is, perhaps previous years' were understated so it appears that there is more growth than really occurred or the numbers are overstated today and will be corrected in a few months which is common occurrence in economic reportage.

Now don't get me wrong, I'm not disputing that there might be some overall growth, but I view the reported numbers with suspicion.

And I am surely a bit skeptical that it is the result of anything that anyone in our government, from the feds on down to the towns, have done. But sure as the sun rises in the east, politicians at all levels will take notice and crow as if they had something to do with it.

Larry S said...

Ya know, I don't really care where the job growth is coming from. The numbers speak for themself. We can speculate all we want about who is or isn't doing anything, but, again, the numbers speak for themself. Another conspiracy theory when we actually get good news. "The number must be skewed". Christ, maybe some good things are happening here.

The study is for Erie and Niagara counties, not solely Niagara Falls, as Prognosticator is focusing on.

Am I the only one who watches legislature meetings? At least three I've seen presentations on how the county IDA has closed a record nuber of projects this year creating some 900 jobs. Hello, this is progress! Let's embrace it for a change!