Insurance Regulations by State Data

Table may take a moment to load. Source: 2016 Insurance Regulation Report Card. R Street Policy Study No. 77.  Author: R.J. Lehman. Note: The report card tracks seven broad categories, most consisting of several variables, to measure how well states...

Cuomo policies discourage employers by E.J. McMahon | Ithaca Journal

The recent announcement that Dick’s Sporting Goods will build a 650,000-square-foot distribution center in Binghamton has been cited by Gov. Andrew Cuomo as further evidence of an economic resurgence in the region.

“Five years ago, we had a 7.9 percent unemployment rate in the Southern Tier,” Cuomo said. “Today, 4.6 percent. The arrows are headed in the right direction.”

In fact, as shown in the state Labor Department’s household survey data, the unemployment rate dropped only because fewer residents of the region are available and looking for work. If the labor force were still at its 2010 level, the unemployment rate would be 13 percent.