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Breaking down the weak August jobs report

9/10/2012 2:02:00 PM by Adam Rombel

On Friday Sept. 7, the U.S. Bureau of Labor Statistics reported that U.S. employers added 96,000 jobs in August, far short of economists’ expectations.

The unemployment rate actually dipped to 8.1 percent in August from 8.3 percent in July, but that was only because 368,000 people dropped out of the work force and were not counted in the unemployment-rate calculation.

In this video report, I look deeper behind the numbers of the August employment report.

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New York farms produced 108 million eggs in April, up 2 percent from the year-ago period, according to Blair Smith, state statistician at the USDA’s National Agricultural Statistics Service, New York Field Office.
by Eric Reinhardt

Gov. Andrew Cuomo on Tuesday announced an agreement between the state and the St. Regis Mohawk tribe to resolve a three-year dispute over gaming issues.

Under the agreement, the state will remove the eight-county Saint Regis Mohawk exclusivity zone from the proposed casino-siting legislation. The tribe will also pay the state $30 million in payments owed and 25 percent of future gaming revenues.
by Eric Reinhardt

SYRACUSE — U.S. Representative Daniel Maffei (D–DeWitt) today announced he is seeking feedback from business owners in Central New York on ways to spur growth and hiring.

Maffei has released a 22-question online survey that includes questions about the challenges business owners face and what they need to grow and create more jobs, Maffei’s office said in a news release.
by Eric Reinhardt

The U.S. Small Business Administration (SBA) today announced the Veteran Pledge Initiative, a commitment by its top lenders to collectively increase their lending activity to veterans by five percent annually over the next five years.
by Maria Carbonaro

Stephens
ALFRED — W. Richard Stephens, Jr., the current provost at Catawba College in Salisbury, N.C., will join the administrative team at Alfred University as provost and vice president for academic affairs, effective July 1.

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Top Ranks Lists

The 2013 Book of Lists electronic edition may be downloaded in Excel format. These 58 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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