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The Business Page

Welcome to the business page, a blog where I'll take you behind the scenes of greater Rochester's fast-changing economy. My name is Ben Rand, and I intend to introduce you to some of the personalities, concepts and events that make news in business here. I've been a business reporter for eight years in Rochester and a journalist for 18, working in four states. I grew up in Pittsford, but moved away after college for about a decade. My wife and I live in Irondequoit with our two children.

Thursday, September 14, 2006

Job bounce?

Lots of job news of late, and in general, the only safe conclusion is that we remain a tale of two economies. This year alone, we have had commitments to increase jobs from HF Technologies, a Rochester supplier of components for copiers and printers (76 jobs); CareGuide Inc., a provider of information technology for health care management (200 jobs); Barilla America, which is building a pasta making plant in Avon (121 jobs); and Harris RF Communications (200 jobs.)

Yet the unemployment data out today show us still struggling. Greater Rochester had 2,800 fewer jobs in August than it did a year earlier, sending the unemployment rate up a notch. See the numbers yourself here.

It's likely that our gains are getting obscured by job losses at larger companies such as Kodak. Which is why the impending conclusion of the Kodak's long and painful digital restructuring (20,000 jobs locally since 1998) will be good news in more ways than one.

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