From Business Today:
Unemployment levels in the Buffalo Niagara region are at their second-highest since the 1980s. The local unemployment rate remained at 9.1 percent for February. That rate is actually higher than it was last year during that month, when it registered at 8.8 percent. Our local unemployment rate is lower than the state's 9.2 percent rate, but higher than the national rate of 8.7 percent.
Wegmans and Tops have both landed on a Consumer Reports list of rankings compiled through an extensive study of shopper satisfaction. Wegmans topped the list, with the highest overall shopper satisfaction reading of all 52 stores included in the survey, while Tops landed six spots from the bottom. Despite its poor showing, Tops didn't receive any poor ratings, and even received a good rating for cleanliness.
Republic Steel's Lackawanna bar mill is set to benefit from the ratification of a new labor contract and an investment in the company's Ohio plant. The labor contract, which affects 262 workers in Lackawanna, includes lump-sum cash payments, wage increases and a continuation of fully paid health care coverage. An investment in a new furnace at the company's Ohio plant means more work will be shifted here.
Christopher C. Booth will succeed David Klein as CEO of Lifetime Healthcare Companies, the parent of Excellus BlueCross BlueShield in Rochester and Univera Healthcare in Buffalo. Booth has been president of the Excellus health plan division since March 2011. He was named executive vice president and chief operating officer of the entire company in January 2010. He joined the company in 2004 as chief administrative officer and general counsel, and was promoted to executive vice president for commercial markets and health care affairs in January 2009.
Who is getting hired, promoted and honored?