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Lack of industry means lack of jobs for Oswego County

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NNN0LHI Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Nov-13-10 08:40 AM
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Lack of industry means lack of jobs for Oswego County
http://www.oswegonian.com/news/lack-of-industry-means-lack-of-jobs-for-oswego-county-1.1772685

Published: Thursday, November 11, 2010

Updated: Thursday, November 11, 2010 22:11

Oswego County experienced its second highest unemployment rate since 1992 in September 2010, with 8.8 percent of county residents unemployed.

Roger Evans, principal economist for the New York State Department of Labor in Syracuse, said there is one major factor affecting unemployment in the area. He said when the national economy experiences hardships, rural populations, like in Oswego County, get hit even harder.

Larry Spizman, an economics professor at Oswego State, agreed that all economies are intertwined and affected by each other.

Oswego County is home to more than 100,000 people, but is considered a low-density area. Evans pointed out that many of these people used to rely on jobs in manufacturing, but a downturn in the manufacturing industry has left many residents without prospects. snip

...He pointed out that old manufacturing jobs paid well, and new jobs might not...

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