PEF layoffs could begin immediately, fewer can afford community college, nano business is growing, it's been a month since Irene
The first wave of layoff notices are expected to come down immediately after PEF voted down a proposed union contract. PEF President Ken Brynien said the cuts the membership were expected to absorb were just too much. Meanwhile, Cuomo tried to blame the no vote on the union's leadership. [TU] [WNYT] [YNN] [Troy Record]
Fewer people can afford to go to community college. [Daily Gazette]
With the new nano businesses, the chips keep getting smaller and faster. And these tiny pieces will hopefully mean a giant boost to our economy. [TU] [YNN]
The Troy library vote failed by only 20 votes. [Troy Record] [YNN]
At least one of Ina McElheny's parents could take the stand today to testify that her father did not kill her. The family's doctor testified yesterday that the baby suffered from a number of health problems that could have caused her injuries. [TU] [Troy Record]
GE is opening a new battery plant that will produce nickel sodium batteries to power electric cars. The plant should add about 300 jobs. [Fox23]
A woman in Cohoes is accused of stealing $10,000 from her mom. [Daily Gazette]
Schenectady city workers will get training to help prevent domestic abuse and to help others look for signs that abuse is happening. [TU]
All that flooding began exactly one month ago, when Irene arrived. Paul Tonko and folks from FEMA will be at a town hall meeting in Rotterdam Junction tonight to discuss continued cleanup and rebuilding. [Fox23] [Fox23] [YNN]
Schenectady police have yet to find more than 1,100 people they've issued warrants for. [Daily Gazette]
The Niskayuna ShopRite will open this weekend. [Daily Gazette]
The Wilton YMCA is adding tennis courts and other amenities in hopes of bringing in more business. [TU]
The guy who's producing "The Place Beyond the Pines" used to sell Cabbage Patch Kids at his family's Duane's Toyland stores when he was a kid. [TU]
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Layoffs of Capital Region-based PEF members could reach 1,000 if the Cuomo administration follows through on its promise. If you use $65,000 as an average annual salary, and assume those positions remain unfilled, you have an annual loss in salary compensation of $65 million for the Capital Region. While new hires for GlobalFoundries in Malta and the pending Global 450 Consortium just announced will help the employment situation, I suspect they won't compensate for past local and state layoffs, public employee compensation freezes and cuts, and the continuing private sector stagnation.
As an aside, I wonder how many current local residents will be hired for the just announced Global 450 Consortium, as opposed to folks who live elsewhere and move to the area?
... said Bob on Sep 28, 2011 at 11:59 AM | link
Put another way, when those 1,000 jobs are terminated, $65,000,000 will go back into the pockets of the taxpayers of new york.
Yes, please!
... said ike on Sep 28, 2011 at 3:33 PM | link
@ike: I think your share of that $65 million will bypass your pocket and fund projects like Global 450 Consortium. Hope you like your microchips nano-sized.
... said Bob on Sep 28, 2011 at 3:53 PM | link
ike, you want to put an over/under on whether your state and local taxes will go up or down next year?
... said B on Sep 28, 2011 at 4:48 PM | link
You really think you're going to see that $65M?
Just remember, state employees also pay taxes.
I only make $50k working for the state, or did...
I'm laid off come Oct 19.
And I voted yes on the contract.
Those who voted no are pretty much not going to be affected by the layoffs.
... said CapHwys on Sep 28, 2011 at 10:12 PM | link