Job prospects on horizon for NY residents?

06.14.09
By Lewis Green

New York state's manufacturing sector has been hit hard during the economic downturn and many professionals in finance have watched, stunned, as their financial situation changed overnight.

With debt management a growing concern for many households and job security still on the minds of many professionals, Governor David Paterson has announced a new plan to spur job growth and innovation around the state.

His initiative is dubbed Bold Steps to A New Economy: A Jobs Plan for the People of New York and intends to leverage federal stimulus dollars to boost job creation and economic recovery in the energy sector, technology, healthcare and environmental protection.

The governor also announced a grants matching program for money from the stimulus package awarded to research facilities around the state. Ensuring that new research centers are built within New York's perimeter could set the state on a course to be an innovation leader.

"At this critical moment in New York's history, it is our responsibility to act, and to act with the interests of future generations in mind. We are a state rich with resources, the most impressive of which is our human capital," said Governor Paterson.

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