ALBANY, N.Y. â Creative industries sectors suffered some of the highest percentage of job loss in the Capital Region by the end of last summer, according to new statistics from the New York Department of Labor.
In the third quarter, the performing arts and spectator sports sector saw a 64% decline in jobs over the year â the highest percentage lost out of any other sector in the eight-county region.
âThis industry has been devastated,â said Philip Morris, president and CEO of Proctors Collaborative, in a press release. Proctors laid off 160 full-time and 53 part-time workers, plus has hired no stage hands for a year, the equivalent of $3 million of annual payroll. There are now 32 full-time staff, representing an 80% loss in full-time staff positions at Proctors.