Unemployment ticks up in May

Jun 7, 2013

U.S. employers added 175,000 jobs in May, steady hiring but below the more robust pace that took place during the fall and winter.  The Labor Department says the unemployment rate rose to 7.6 percent from 7.5 percent in April. The increase occurred because more people began looking for work, a good sign. 

Ryan Delaney / WRVO

The old New Venture Gear auto parts factory in suburban Syracuse could have a new tenant much quicker than county economic development officials expected.

A newly formed company called American Intermodal Container Manufacturing Inc. wants to use about half of the large factory to make shipping containers.

New Venture Gear concluded a long shutdown of its DeWitt plant in August. It once employed 4,000 people making parts for SUVs.

Erie Community College has chosen its North Campus as the site for a new $30 million science, technology, engineering and math building.

$15 million worth of the project will be funded by the state, Erie County has raised nearly $7.5 million over the years for the building, and the rest of the funds come from the community college itself.

Deputy County Executive Richard Tobe said the campus was chosen after a study was conducted by JMZ Architects and Planners, P.C. that concluded it was the best site for the development, considering the many STEM courses already offered at ECC North.

Ryan Delaney / WRVO

Gov. Andrew Cuomo unveiled a plan today that would entice new businesses to locate near SUNY campuses. The initiative is called “Tax Free NY” and it would allow businesses to operate without paying income, sales, property or business taxes for a period of ten years.

The plan aims to attract businesses such as software companies, high-tech companies, and advanced manufacturers. Cuomo says it will enable businesses to 'lean on' SUNY institutions for support, increasing the chances that businesses will succeed.

Ryan Delaney / WRVO

The owner of the Remington Arms factory in upstate New York has finally made a statement about the state's strict gun control laws, calling them unconstitutional, nearly four months after their enactment.

On Tuesday a message was posted on the company's Facebook page that states while the gun maker is not happy with the New York SAFE Act, the company will not abandon its workers.

"While we are unhappy with the misguided acts of our elected politicians, Remington will not run or abandon its loyal and hard working 1,300 employees without considerable thought and deliberation," the company writes.