Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
CNY unemployment rates fall in May
Unemployment rates in the Syracuse, Binghamton, and Utica–Rome regions fell in May compared to both the previous month and the year-ago period. The New
Shoe retailer Crocs is hiring ahead of opening at Destiny USA
SYRACUSE — Crocs, Inc. (NASDAQ: CROX), a retailer specializing in casual footwear, is planning to open a location at Destiny USA on July 13 and
St. Elizabeth Medical Center lays off 10, eliminates about 40 vacant positions
UTICA — St. Elizabeth Medical Center in Utica today announced it has laid off 10 employees and will eliminate about 40 vacant positions as the
O’Brien & Gere opens new office in Utica
UTICA — Syracuse–based engineering firm O’Brien & Gere today announced the opening of an office to serve its clients in the Utica area. The
Ithaca massage business to formally open new, larger space
ITHACA — Deeply Devoted Massage will formally open its new, bigger studio at 120 E. State St. in Ithaca on Wednesday. The business, owned
Travel spending in Onondaga County rose in 2012, report says
SYRACUSE — Visitor travel spending grew 3.5 percent in Onondaga County during 2012 compared to the previous year, according to a new report analyzing the
Palmerton named to GZA GeoEnvironmental executive team
DeWITT — GZA GeoEnvironmental, Inc. announced that it has appointed David L. Palmerton, Jr., to its executive team as Appalachian regional operating officer. GZA,
Arnot Health board elects Hosey as chairman
ELMIRA — Michael P. Hosey, CEO of Elmira Savings Bank, was recently elected as chairman of the board of directors of Arnot Health, a not-for-profit,
New York state home sales, prices rise in May
New York state realtors posted more than 8,500 closed home sales in May, up 1.9 percent from the May 2012 total of more than 8,300.
New York initial unemployment claims rise by almost 7 percent
The number of people applying for new unemployment-insurance benefits in New York state in the week ending June 8, increased by 1,341, or 6.6 percent, to 21,676. The jump was led by layoffs in the finance and insurance, health care and social assistance, and transportation industries, according to a U.S. Labor Department news release issued
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The number of people applying for new unemployment-insurance benefits in New York state in the week ending June 8, increased by 1,341, or 6.6 percent, to 21,676. The jump was led by layoffs in the finance and insurance, health care and social assistance, and transportation industries, according to a U.S. Labor Department news release issued yesterday.
After posting a year-to-date low of 18,627 initial jobless claims filed in the week ending May 4, New York’s weekly claims have increased for five straight weeks, with the latest week’s rise the biggest.
The number of New Yorkers continuing to receive unemployment benefits also rose in the week ending June 8 — increasing by 1.4 percent to 210,699 from the previous week’s year-to-date low of 207,806. Until the latest week, continuing claims in New York had steadily dropped all year from a high of more than 300,000 set in the first week of 2013.
The state data is not seasonally adjusted.
The U.S. Labor Department yesterday also reported that nationwide the number of people applying for new unemployment benefits increased by 18,000 to 354,000 for the week ending June 15, compared to the revised figure of 336,000 for the week before. Analysts had been expecting about 340,000 claims.
The four-week moving average for national initial jobless claims increased by 2,500 to 348,250 in the latest week. The U.S. data is seasonally adjusted.
The Labor Department will release state data for new unemployment-benefit filings for the week ending June 15 next week.
Contact Rombel at arombel@cnybj.com
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.