Tag: Jobs

The New York City region, including Long Island and the Hudson Valley, accounted for 94 percent of the net new private-sector jobs created in New York State during the 12 month period ending in August, according to the state Labor Department's latest monthly jobs report. On a year-to-year basis, New York's statewide job creation rate of 1.9 percent trailed the national private job creation rate of 2.1 percent. New York matched the (painfully low) 0.1 percent national private job growth rate on a seasonally adjusted monthly basis. Read More

Another month, another not-so-hot jobs report for New York State. Private sector employment statewide grew by 1.4 percent during the 12 months ended in May, trailing the national average gain of 2.1 percent during the same period. Read More

New York State added private jobs at a slower pace than the nation as a whole during the 12-month period ending in January, according to data released today by the state Labor Department. Read More

Following through on Speaker Silver’s promise earlier this month, the Assembly is reportedly about to introduce a bill raising the minimum wage from $7.25 to $8.50 an hour, with automatic increases thereafter in line with the cost of living. As we’ve noted here before, this is a swell way to reduce job opportunities for low-skilled, entry-level workers — and it’s not a very effective way of helping the working poor, either. Read More

Governor Cuomo’s method of unveiling economic development “awards” is certainly a triumph of branding, hype and stagecraft, complete with special guest emcee Maria Bartiromo. Read More

Adding a fresh chapter to the seemingly never-ending saga of government excess and regulatory insanity, New York’s state Labor Department reportedly will use federal emergency funds to pay $51.71 an hour to temporary workers hired to clean up Poughkeepsie’s Fallkill Creek Read More

Employee compensation in the state and local government sector increased at twice the private-sector rate during the 12 months ending in December, according to national data released todayby the federal Bureau of Labor Statistics. Read More

New York’s rising unemployment rate is “presenting a challenge for Gov. Andrew M. Cuomo as he tries to build an image as a fiscal centrist who can transform the state’s business climate,” today’s New York Times reports. Read More