The technology industry is using social media to create a "virtual march" on Washington. The March for Innovation, launched by the Partnership for a new Economy, is lobbying for immigration reform, including putting pressure on Congress to provide more visas for high-skilled workers and entrepreneurs.
Boosting exports, focusing on homegrown New York businesses, and the importance of engaging with Generation Y. These were all topics of focus at the Accelerate Upstate 2.0 conference in Buffalo this week.
Kodak filed for Chapter 11 bankruptcy a year ago. The intervening months have seen big layoffs, pay freezes for workers, and an end to benefits for many of the company's retirees. However, Kodak also secured an extra $830 million in funding, and sold its patent portfolio.
The national unemployment level remained unchanged at 7.8 percent for December, according to Bureau of Labor Statistic figures released today. This is the 49th consecutive month unemployment has been above 7 percent but according to analysis from an interest group, those numbers don’t reflect the reality for young adults.
A MEADS missile system on display at a trade show.
Money for the final year of a missile system that supports a few hundred jobs for a defense contractor near Syracuse has been removed from Congress' defense budget. But Lockheed Martin is keeping optimistic that the money could find its way back into the budget.
New legislation would allow 55,000 thousand green cards to be earmarked for foreign graduates of U.S. universities with advanced degrees in science, technology, engineering and math has made it through the House of Representatives. But the bill still has an uphill battle ahead.
The New York State Board of Regents is considering a proposal to create two new education tracks that would better prepare high school students for jobs in the manufacturing and technical sectors. Sen. Charles Schumer (D-NY) says adding these diplomas would help increase graduation rates in New York state as well as bolster the economy.
The walls around Pat Dundon's desk are slowly filling up with white printouts. Some have the letterhead of the state's energy research organization NYSERDA, and others are lists he's created. His involvement in a program called Green Jobs Green New York has produced all this paperwork. Through the program, NYSERDA offers low-interest loans for energy efficiency upgrades.
It's no guarantee, but the college internship can often lead to a job offer after graduation.
Economic development officials in Syracuse are hoping that getting more college students involved in internships at local, small businesses can help reduce the "brain drain" of young, educated people leaving the region.
CenterState CEO, an economic development agency, is ramping up its Project ION - Internship Opportunity Network - for another school year.
Economic development officials often joke that their favorite bird is the crane. Not the one with wings, mind you, but the kind you see on big construction sites.
So far in 2012, developers have put a fair number of cranes into the airspace above Syracuse. The city is seeing a big jump in the value of construction permits applied for.
Through May, $146,271,066 worth of permits have gone on the Division of Code Enforcement's books. That's more than full year totals for both 2009 ($136,534,880) and 2010 ($142,229,141). It is also well out-pacing 2011's numbers, when only about $30 million worth of construction had been applied for through May. Last year ended up finishing at $245,382,179.
That has people in city hall feeling positive about the city's economic outlook.