Job growth in NY remains uneven by E.J. McMahon |  | NY Torch

Upstate New York's largest metro areas experienced little or no job growth during the year ending in June, according to the latest state Labor Department employment report. [Read_more]

Cuomo’s Southern Tier hype by E.J. McMahon |  | NY Torch

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For several years now, Governor Andrew Cuomo has been misusing employment statistics to back up claims that his policies have ignited an economic resurgence in upstate New York.

It happened yet again today, when the governor was in Binghamton to announce that Dick's Sporting Goods had decided to locate a 650,000 square foot distribution center in the Broome County Corporate Park. [Read_more]

Medicaid audit misses big picture by Bill Hammond |  | NY Torch

State Comptroller Thomas DiNapoli accentuates the negative in a new audit of the state’s Medicaid managed care program, faulting two participating insurers for “wasting millions of state Medicaid dollars.” But he omits two important pieces of context. [Read_more]

NY health insurance costs surge by Bill Hammond |  | NY Torch

New York emerged as the second-costliest state for employer-sponsored health insurance after its premiums rose at more than three times the national rate in 2015. [Read_more]

Has START-UP NY peaked? by Kenneth Girardin |  | NY Torch

START-UP NY, New York’s signature economic development program, made headlines for creating just 408 jobs in its first two years of operations. However, bigger disappointments may lie ahead. [Read_more]

Another bad year for pension funds by E.J. McMahon |  | NY Torch

Yesterday marked the end of a second straight sub-par fiscal year for most of the nation's state and local public pension funds, including all five New York City funds and the New York State Teachers' Retirement System (NYSTRS). [Read_more]

Pols aim for design-build by Kenneth Girardin |  | NY Torch

Some of New York State’s major transportation infrastructure projects are now benefiting from expanded use of the design-build process—but a costly pro-union rider has been attached to proposed legislation extending design-build authorization to public works financed by New York City, and could set a troubling precedent. [Read_more]

Music, video gamers get $50m subsidy by E.J. McMahon |  | NY Torch

New York's Legislature couldn't leave town without making it easier for the music and gaming industries to collect up to $50 million a year in tax subsidies, modeled after the state's existing (and outrageous) giveaway to film and TV producers. [Read_more]

Another slow-growth NY jobs report by E.J. McMahon |  | NY Torch

Private sector employment in New York State grew at barely half the U.S. average rate during the 12 months ending in May, according to the latest monthly jobs report from the state Labor Department. [Read_more]
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