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
Tag: Jobs
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
Job growth in New York over the past year fell below the national rate for the first time since the recession, Comptroller Thomnas DiNapoli points out in a report issued today. Read More