Here are the Buffalo, NY Top IT News Stories of the Week (Dec. 12th) as based on the story’s likes, shares, and interactions from our social media sites. The content provided is mainly for Buffalo-Based IT Professionals to help keep them informed as they continue to impact and grow Buffalo’s tech reputation. We provide IT Staffing services and Business Tech Support for businesses in the Buffalo area.
If you piled up all of the money earned last year by all of the residents of Erie and Niagara counties, you’d wind up with a stack of almost $52 billion. That’s according to the U.S. Bureau of Economic Analysis, which has released its annual rankings of total personal income (TPI). Click on the View Slideshow button for a rundown of the metropolitan areas (including Buffalo) that are above $30 billion.TPI is defined as the income received by all residents from all sources (everything from wages to welfare payments) in a given year. Read More
Home prices are rising with impressive vigor across much of the South — especially Texas — as well as in pockets of the West and the industrial Northeast. And Buffalo is prominent in that group, ranking ninth in America for the growth in local real-estate values since 2006. Other parts of the country are having a tougher time. Home values remain depressed today in several California, Florida and Nevada cities that were hit especially hard by the Great Recession of 2007-2009, according to an American City Business Journals (ACBJ) analysis of new federal data. Read More
President-elect Donald Trump is showing a willingness to wage an economic battle with firms that move jobs offshore. He’s threatening tariffs and promising H-1B visa reform, but may be offering carrots as well, namely tax incentives. These actions may be raising hopes among some IT employees who have lost jobs, or are losing them, that the incoming Trump administration is serious about keeping IT jobs in the U.S. But Trump’s proposals — particularly the tariff — are also raising much uncertainty. Trump, in a series of tweets this weekend…Read More
As part of a broader effort to strengthen national security and inform future administrations, the US Commission on Enhancing National Cybersecurity last week issued recommendations that encompass critical infrastructure and convergence driven by the Internet of Things, workforce development, public-private partnership, and information sharing. President Obama established the Commission in February of this year to improve cybersecurity across the country. Twelve commissioners representing industry, academia, and former…Read More
Tech unemployment hit 2.9 percent in November, suggesting that the market for technology professionals remains strong. That number also represents a noticeable year-over-year decline; in November 2015, the tech unemployment rate stood at 3.4 percent, according to the U.S. Bureau of Labor Statistics (BLS), which produces the data every month. The unemployment rate for the general economy hit 4.6 percent in November, the lowest level since August 2007. Of course, the unemployment rates for various tech professions swing…Read More
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