Layoffs Hit Major Syracuse Employers Amid Slow Orders
The Syracuse area economy hinges on diverse manufacturers and service firms as 9,000 local businesses include 25 major employers. Crucible Steel reports 465 layoffs since January while Crouse-Hinds notes 300 layoffs last year. decisions hinge on orders and inventories with recall options explained by supervisors and employee relations.
MENTIONED IN THIS ARTICLE
Onondaga County
Chamber of Commerce
Syracuse Area
Rochester
Eastman Kodak
Syracuse
Crucible Steel
Colt Industries
Crouse-Hinds Co
Cooper Industries
Crouse-Hinds
Office of
Syracuse Affected by Auto Slowdown Hits Jobs Hard
Automakers Fisher Body and New Process Gear in Syracuse employ about 4000, with unions securing job security. Yet car sales slump limits work while analysts foresee eventual recovery as buyers tire of old models. General Electric remains stable, employing 6500 with 65 percent salaried and 35 percent production workers, amid temporary fluctuations.
MENTIONED IN THIS ARTICLE
General Motors
Fisher Body
Chrysler Corporation
Syracuse
Crucible
General Electric
Area unemployment rate may rise, economist says
Syracuse faces a weak economy with 8.1 percent unemployment in the Syracuse SMSA for June, totaling about 24,500 out of work and 277,500 employed. Compared to state and national rates, local joblessness remains high, with economist Roger Evans predicting 1982 average may rise above 7.3 percent.
MENTIONED IN THIS ARTICLE
James H. O’connor
America
Syracuse
State Department of Taxation and Finance
Syracuse Standard Metropolitan Statistical Area
SMSA
Onondaga
Oswego
Madison
New York State Department of Labor
Gort
Department of Labor
New York State
U.S
Roger Evans
Labor Department
Division of Statistics and Research
Evans
General Electric
Carrier
Crucible Steel
Also Mentioned on This Page
By James H. Co’connor
Asonoj
Chicago
Department of L. Bureau of Labor