Technology giant Sun Microsystems reported yesterday that its tech sales to the northeastern United States’ financial industry were down 20 percent last quarter compared to the same period a year earlier, the Journal reports. The financial industry is one of the biggest creators of tech jobs, and such a drop can’t be good for the prospects for tech-industry employment in New York in the near future.

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The Empire Center is an independent, non-partisan, non-profit think tank located in Albany, New York. Our mission is to make New York a better place to live and work by promoting public policy reforms grounded in free-market principles, personal responsibility, and the ideals of effective and accountable government.

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