Job Predictions for Albany - WALB.com, Albany News, Weather, Sports

Job Predictions for Albany

October 8, 2003

Albany-- Women entrepreneurs are taking risks in Albany, "The risks are certainly, cash flow." And they are reaping the rewards too.

A new survey of Albany businesses reveals few expect to hire new employees this year. That dismal prediction isn't stopping people from creating their own opportunities, especially women. New businesses are opening in Albany--and the brains behind the boom are female.

Hollyn Cohen says, "We tried to bring a little of New York to South Georgia." This taste of New York is now a month old. It's called the Pink Market. Bonner says, "Hollyn is my sister-in-law and I'm a stay at home mom."

Zoe Bonner and Hollyn Cohen opened the fashion-forward boutique in September--and these young entrepreneurs are cashing in, "The first month was fantastic, it more than exceeded our expectations."

Dr. Judith Hatch is new to Albany, "I had spent many years in a fast paced city, and I visited Albany and I liked Albany." From Washington D.C. to downtown Albany, this chiropractor moved here because there was a need.

She says there are no other black chiropractors in Southwest Georgia. This new doc on the block says the move is risky, "The major risk is coming to a place where you don't know anyone and I essentially did not know anyone and having to reestablish."

Both businesses are trying to establish themselves in Albany and their owners say they are here to stay.

The job market survey was done by ManPower, an international public relations firm with an office in Albany.

Spokesperson Liz Barry says thirty companies participated in the survey, the same thirty surveyed every quarter since the late 1960's.

According to the survey, 3% percent of companies interviewed plan to hire more employees, while none intended to reduce their workforce. 94% expect to maintain their current staff levels and 3% are not certain of their hiring plans.

Posted at 6:40 p.m. by melissa.kill@walb.com

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