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Showing posts with label Job Market. Show all posts
Showing posts with label Job Market. Show all posts

Monday, July 30, 2012

New High-Rise in Downtown Pittsburgh Means Jobs, Revitalization

The following is a guest submission by
Mike Mikus, Director, Consumer Energy Alliance Mid-Atlantic

As the driver of the Keystone State natural gas boom, the energy industry has continuously pumped life into the Pittsburgh region’s economy and job market. With the recent announcement that Oxford Development plans to build a multi-million dollar high-rise downtown, the Marcellus Shale industry once again promises to be a valuable and vital contributor to the city’s revitalization efforts.

Developers are eager to build projects, such as this “350 fifth” tower – located on the block between Fifth and Forbes Avenue – as the availability of desirable office space in downtown Pittsburgh continues to wane. Securing a long-term lease with a large company – particularly with a key player in the Marcellus Shale industry – is a major key to the development’s success, and big name energy companies, such as Chevron and Shell, are rumored to be targets. Landing a big anchor to occupy a sizable chunk of the space would allow the project to move forward.

By rejuvenating the vast, yet mostly vacant building that will be “350 fifth” – the proposed $238 million skyscraper – with much-needed and valuable retail space, the project will prove to be a positive for both Pittsburgh residents and the overall downtown area, alike. According to Oxford Development, the project is expected to create hundreds of jobs, including 450 construction jobs and 2,500 permanent jobs, if the plan is approved as is.

However, as city officials are looking to encourage a renaissance of development downtown – beginning with the proposed new high-rise – the drilling ban that’s currently in place threatens to scare off such sought-after tenants. Along with local industries, Pittsburgh mayor Luke Ravenstahl has expressed concerns over the negative effect the drilling ban has on the desire to relocate within city limits.

With so much at stake for the city, policymakers should reconsider the ban on drilling that could cost our city sizeable investments, hundreds of jobs and significant economic development opportunities and growth. Pittsburgh cannot afford to lose out on the impact this development will have on the local economy, job market and widespread revitalization efforts.

Friday, February 3, 2012

U.S. adds 243,000 jobs in January

Total nonfarm payroll employment rose by 243,000 in January, and the unemployment rate decreased to 8.3 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread in the private sector, with large employment gains in professional and business services, leisure and hospitality, and manufacturing. Government employment changed little over the month.

Private-sector employment grew by 257,000, with the largest employment gains in professional and business services, leisure and hospitality, and manufacturing. Government employment was little changed over the month.

 Professional and business services continued to add jobs in January (+70,000). About half of the increase occurred in employment services (+33,000). Job gains also occurred in accounting and bookkeeping (+13,000) and in architectural and engineering services (+7,000).

Over the month, employment in leisure and hospitality increased by 44,000, primarily in food services and drinking places (+33,000). Since a recent low in February 2010, food services has added 487,000 jobs.

In January, health care employment continued to grow (+31,000). Within the industry, hospitals and ambulatory care services each added 13,000 jobs.

 Wholesale trade employment increased by 14,000 over the month. Since a recent employment low in May 2010, wholesale trade has added 144,000 jobs.

Employment in retail trade continued to trend up in January. Job gains in department stores (+19,000), health and personal care stores (+7,000), and automobile dealers (+7,000) were partially offset by losses in clothing and clothing accessory stores (-14,000). Since an employment trough in December 2009, retail trade has added 390,000 jobs.

In January, employment in information declined by 13,000, including a loss of 8,000 jobs in the motion picture and sound recording industry.

In the goods-producing sector, manufacturing added 50,000 jobs. Nearly all of the increase occurred in durable goods manufacturing, with job growth in fabricated metal products (+11,000), machinery (+11,000), and motor vehicles and parts (+8,000). Durable goods manufacturing has added 418,000 jobs over the past 2 years.

Employment in construction increased by 21,000 in January, following a gain of 31,000 in the previous month. Over the past 2 months, nonresidential specialty trade contractors added 30,000 jobs.

Mining added 10,000 jobs in January, with most of the gain in support activities for mining (+8,000). Since a recent low in October 2009, mining employment has expanded by 172,000.

Government employment changed little in January. Over the past 12 months, the sector has lost 276,000 jobs, with declines in local government; state government, excluding education; and the U.S. Postal Service.

The average workweek for all employees on private nonfarm payrolls was unchanged in January. The manufacturing workweek increased by 0.3 hour to 40.9 hours, and factory overtime increased by 0.1 hour to 3.4 hours.

Friday, January 6, 2012

U.S. gains 200,000 jobs in December!

By Jeffry Bartash, MarketWatch

WASHINGTON (MarketWatch) — The U.S. economy added 200,000 jobs in December and the unemployment rate fell for the fourth month in a row, the government said Friday, in a fresh sign the economy is picking up and businesses are more willing to hire.

The increase in jobs last month — the fourth biggest gain of 2011 — suggests the U.S. is entering the new year with renewed vigor. Faster hiring puts more money in the hands of consumers and usually leads to an increase in spending. That’s a big deal since consumer spending accounts for as much as 70% of economic growth.


The unemployment rate edged down to 8.5% from an upwardly revised 8.7% in November, the Labor Department said.


The U.S. was expected to add 150,000 jobs and the jobless rate was forecast to rise to 8.7% from an initially reported 8.6% in November, according to a MarketWatch survey of economists. 


Read more: http://bit.ly/yKpXgw

Friday, August 5, 2011

U.S. added 117,000 jobs in July. Not huge but FAR better than many feared! Previous 2 months revised higher as well!

By Jeffry Bartash, MarketWatch

WASHINGTON (MarketWatch) — The U.S. added 117,000 jobs in July and the unemployment rate fell slightly to 9.1%, the government said Friday, in a better-than-expected report that appeared to temporarily calm jittery financial markets.


The report will reduce fears that the U.S. is heading toward recession,” said Paul Dales, senior U.S. economist at Capital Economics.
Yet while employers hired more workers than economists expected, the gain wasn’t big enough to put a dent in disappointing labor-market trends.

The jobless rate has stayed above 8% for 30 straight months, the longest stretch of high unemployment since the Great Depression in the 1930s. What’s more, the drop in the unemployment rate in July stemmed mainly from a decline in the labor force as discouraged job seekers stopped looking for work.

During times of rapid growth, the U.S. typically adds at least 200,000 jobs a month, but much larger increases would be required for months on end to yank the unemployment rate back down to pre-recession levels.

Read More Here

Wednesday, April 13, 2011

DEDICATION CEREMONY AND “OPEN HOUSE” SET FOR APRIL 20 AT GOODWILL’S NEW LAWRENCEVILLE FACILITY

PITTSBURGH, Pa., April 13, 2011 – Goodwill of Southwestern Pennsylvania will dedicate its new Workforce Development Center (WDC) in Lawrenceville on Wednesday, April 20, during a community open house at the facility located at 118 52nd Street. The public is invited to tour the WDC between 10 a.m. and 2 p.m. and to attend the dedication ceremony at 11 a.m.

Goodwill moved virtually all of its employment, training, education, recycling, and social services programs to the new building in December. Over 200 people work at thetwo-floor WDC, including program managers, teachers, instructors and job coaches. They serve hundreds of Goodwill clients who visit the facility on weekdays to attend classes and participate in various training and employment programs.

“We invite our new Lawrenceville neighbors and everyone else to come and see why Goodwill is so much more than thrift stores,” said Michael J. Smith, Goodwill President/ CEO. “Goodwill staff will be on hand at nearly 20 stations throughout the building to explain our many services and programs, including employment training, job search assistance, adult education classes, computer recycling, our Good-to-Go CafĂ©, and many more.”

Goodwill officials and community representatives will participate in the dedication ceremony and officially name the WDC as the Robert S. Foltz Building in honor of the long-time President of Goodwill Pittsburgh who retired in 2002.  Goodwill’s former headquarters building on the South Side also was named for Mr. Foltz.

Participating in the ceremony will be James C. Roddey, Honorary Co-Chairman of the Goodwill Renews! Capital Campaign; State Senator Jim Ferlo; State Representative Adam Ravenstahl; Gary R. Claus, Immediate Past Chairman of the Goodwill Board of Directors; and Mr. Smith.

As part of the re-dedication ceremony, James D. Scalo, President of Burns & Scalo Real Estate Services, Inc., will award the Goodwill WDC as the first-ever Class-G®certified project. Burns & Scalo, which constructed the WDC, founded the Class-G® program and have since spun-off this certification program into a stand-alone organization (Class-G.org).  The WDC plaque presentation marks the official national launch of this new green building certification, which recognizes property owners and their occupants for their “green” and sustainable practices. 

Mr. Scalo said the Goodwill WDC earned the Class-G® designation because of its re-use and upgrading of an existing building, formerly a warehouse; its innovative water-use and lighting features; several ADA-compliant design features that exceed code requirements; and its contribution to revitalizing the historic Lawrenceville neighborhood.

Reservations are not required to attend the open house. The Goodwill WDC is located between Butler Street and the Allegheny River at 118 52nd Street.

Wednesday, January 5, 2011

U.S. December ADP Employment Up 297,000

WASHINGTON (MarketWatch) -- Private-sector employment gained 297,000 in December, according to Automatic Data Processing Inc.'s employment report released Wednesday. Employment in the service-producing sector rose 270,000, the largest monthly increase on record. Employment in the goods-producing sector rose 27,000, the largest gain since February of 2006. On Friday, the government will report on December's nonfarm payrolls, which also include government workers, and economists polled by MarketWatch are looking for a gain of 143,000, and for the unemployment rate to remain at 9.8%.


Tuesday, October 28, 2008

September 2008 Sees Improved Job Count For Pittsburgh Region

Although the data was taken just prior to the burgeoning financial crises, the Pittsburgh Metro in September saw an increase of over 7,000 jobs from September of 2007. How the job picture will look over the next two months in our area is anybody’s guess, but multiple points of interest have been expressed by area economists. Articles in the Post Gazette and the Tribune-Review show different levels of optimism. We at the Employment Guide saw a relatively strong September but experienced a softening in October compared to a year ago. Remember, we are solely dependent on the placement of help-wanted ads or help-wanted Internet text postings. Our prediction, based on our direct business experience, is that we will see a moderate drop on total jobs in the Pittsburgh Metro when the October numbers are released in another month. As noted in all of the area economist quotes, our strength in healthcare will be the main mitigating factor of how many jobs are lost. Retail is one area being negatively affected in Pittsburgh, although with the opening of Nordstrom and LL Bean the amount of weakness will be diminished at least in the near term.

Wednesday, February 27, 2008

February is Over, Is the Sky Falling Yet?

After two weeks of being pounded by economic news in the media declaring recession, high energy costs, a housing market in the tank and consumer confidence at the lowest level since the outbreak of the Black Death we were inclined to just throw our hands up in the air, give up, and head for the hills.

But wait, companies in Pittsburgh are still hiring. Our business has not tanked. What is going on? How can we be at deaths door economically and still see a hiring level as good as a year ago and better than two years ago?

While it is true that around the country our economy is in or near recession it appears many areas around the country are not going to suffer the kinds of job losses that were experienced after 9-11. There are many reasons for this as we have mentioned in prior posts.

While it is true business is cyclical and downturns happen it is also true that the constant media barrage of bad news and the ignoring of good news, by themselves, drive consumer moods downward more than most individual circumstances warrant. This is not to discount the pain being felt by those who are losing a home or a job but by historic standards the economic picture, especially in the Pittsburgh metro, is not that bad and the near term prospects remain very good.

The incessant recession talk by major media continues the attempt to drive readership and (ironically) sell more soap by sensational headlines decrying doom and gloom. We wonder where we, as an economy, would be if the paradigm of major media was the opposite, where headlining strong job growth areas, good economic stories (yes, they still exist) and proposed solutions to current problems was the norm while relegating “bad news” to the back (web) pages.

Friday, January 11, 2008

After a Decade of Bad News Regarding Pittsburgh Area Manufacturing Jobs, Medrad, Inc. Offers Up 500 New Jobs over the Next Five Years

At the ribbon cutting ceremony for Medrad’s new manufacturing facility located on the former site of a U.S. Steel sintering plant in Victory Road Business Park, a state Keystone Opportunity Zone, which grants job-creating companies lower business taxes, located in Clinton Township, Butler County, Pennsylvania, Governor Ed Rendell Said “Medrad will create at least 500 jobs at its new $44.7 million, 120,000-square-foot plant, The plant's 20-acre site is in the Victory Road Business Park which will produce disposable syringes and specialty tubing used in medical imaging procedures. This is an exciting day and an important win for the commonwealth. The company conducted a worldwide search for a location for this plant and the 500 skilled manufacturing jobs it will generate. By choosing Pennsylvania, MEDRAD is sending an important message about the strength of our economy and the quality of our workforce”.

In June 2006, Governor Rendell announced a $4.4 million state investment package to help MEDRAD build its new disposables plant on the former 20-acre U.S. Steel site in the Victory Road Business Park in Clinton Township.


Medrad President and CEO John Friel said “The Saxonburg facility went from groundbreaking to start-up in just 10 months and is critical to meeting the demand for imaging procedures that enable earlier, more accurate, diagnosis and improved treatment. It provides us with needed additional plant capacity in the short term and its phased growth design gives us the capacity to add production lines in the future".

Victory Road Business Park is also home to an Aldi Foods distribution center, R.A.M. Transit Lines, an over the road trucking firm and Castcon Stone, a wholly woman owned precast concrete manufacturer.



MEDRAD is an affiliate of
Bayer AG.


Monday, June 25, 2007

For young workers, job market can be tough

We read an interesting article on MSNBC that we need to share. There is a lot of debate as to the validity on both sides of the argument, that is, the difficulty for young people to find decent jobs in their chosen fields compared to past generations and the reasons why this may be so.

This article was written by Eve Tahmincioglu for MSNBC:

Are many young adults today just not trying hard enough to launch their careers and gain financial independence?

My June 4 column addressed how many parents were struggling to help get their adult sons and daughters on the right career path. I suggested their kids needed a little bit of tough love. Mom and Dad can’t keep the gravy train going forever, right?

Well, I got a bunch of letters from folks who thought I was being too hard on recent graduates who couldn’t find jobs in their chosen professions.

Some readers pointed to a lack of economic opportunities for U.S. workers thanks to globalization and a growing chasm between the rich and poor. It’s harder today for young people trying to make it in the world than past generations, many of you wrote.

Click here for the rest of the article.

Friday, March 9, 2007

Friday Musings on the Job Market

The national Jobs Report came out this morning showing, nationwide, a net gain of 97,000 jobs, coming in almost right on projections. The unemployment rate dropped to 4.5%, beating expectations. This is alleviating a lot of fear that it could have been much worse. Here in the Pittsburgh area, very unofficially, we are seeing one of the biggest booms unfolding in the hourly employment arena in over 5 years. We say unofficially because we do not do our own local surveys, but based on our business climate we predict some pretty healthy LOCAL numbers will be reported in a month or two to come. We are seeing healthy business increases in some temporary personnel companies that also support optimism. Stay Tuned! It has already been predicted locally by officials that this could be a relative break-out year for the Pittsburgh area job market due to final absorption last year of the US Air job cuts.

Truly a 'Burgh Thing!

Truly a 'Burgh Thing!
by Randy Bish, Pittsburgh Tribune Review

Job News and Information for Job Seekers and Recruiters

Job News and Information for Job Seekers and Recruiters