NY job gains remain below US rate by E.J. McMahon | NY Torch

Today's jobs report from the state Labor Department carried the usual "Jobs at All-Time High" headline (when the "high" disappears, think recession).  

Also as usual, the April numbers showed a wide regional variation in private job creation rates around the state—and New York as a whole continues to trail employment growth nationally.

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Jobs grow further apart in NY by E.J. McMahon | NY Torch

Newly revised data from the state Labor Department indicate New York's regional economic performance gap has grown larger in the last year.

On a year-to-year basis, the state gained 103,900 private-sector jobs in January—a growth rate of 1.3 percent at a time when the U.S. as a whole was growing by 2.1 percent, according to the state Labor Department's monthly jobs report.

Lights, camera, cash in! by E.J. McMahon | NY Torch

The collapse of New York's effort to lure Amazon's "second headquarters" to Queens with more than $3 billion in city and state incentives sheds fresh light on a bigger, ongoing corporate subsidy—New York State's Film and TV Production Credit.

Cuomo’s misleading labor stats by E.J. McMahon | NY Torch

When it comes to rhetorical use of upstate New York unemployment statistics, Governor Cuomo is consistent. Unfortunately, he's consistently misleading.

The latest example came at today's ribbon-cutting today for the new 136,000-square-foot Expo Center at the state fairgrounds in Syracuse, where Cuomo delivered a roughly 25-minute stream-of-consciousness riff that focused on what he portrayed as an economic turnaround in upstate and the Syracuse area.

NY’s Labor Day “arrows” by E.J. McMahon | NY Torch

Governor Cuomo frequently asserts that "the arrows are pointed in the right direction" for the upstate New York economy, thanks to state policy changes under his leadership.

But approaching the sixth Labor Day of Cuomo's tenure, the latest job statistics continued to tell a different story.
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