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.