Employers planning to increase hiring in Q4: 18 percent
Unemployment rate: 7.6 percent
YOY change unemployment rate: -0.4 percentage points
YOY change in number of jobs: -900 (-0.2 percent)
With research centers such as the Buffalo Niagara Medical Campus and a cluster of medical device and pharmaceutical manufacturers, including APP Pharmaceuticals and Invitrogen, Buffalo hopes to position itself as a center for medical innovation. As the number of manufacturing jobs in the Buffalo Niagara region declined, jobs grew in the financial, health, education, and professional services sectors, according to the Buffalo Niagara Enterprise.