Employment statistics can tell us a lot about what’s going on in New York’s economy — but traditional government data don’t tell us much about the underlying forces driving job creation. Information on openings and closings, expansions and contractions, and interstate movements at the employer level has not been as readily available. Read More
A new state-sponsored campaign is promoting New York as "open for business." However, other indicators suggest the Empire State is still hobbled by a heavy tax and regulatroy burden. How have business conditions in New York improved? What further changes are needed to set the stage for an era of sustained long-term economic growth in the Empire State? Our event, "Is New York Competitive," explored these and other important questions to assess New York's outlook. Read More
Governor Andrew Cuomo is urging youth to sign up for available jobs, basically hanging out a "help wanted" sign for the state's NY Youth Works and Summer Youth Programs. Read More
A forthcoming academic study will provide further evidence that a proposed increase in New York State's minimum wage will destroy job opportunities for young people. Read More
A new to promote employment for unemployed inner-city youth was part of this week’s tax increase deal between Governor Cuomo and the Legislature. Like the rest of Wednesday’s legislative package, the youth employment Read More
Some workers earned more than $43 per hour taking part in a post-disaster cleanup project during the summer of 2012, according to data gathered by an Albany-based think tank. A total of 156 people in the Capital Region earned about $1.4 million during the 90-day campaign to clear debris left in and along waterways by floods in the late summer of 2011, according to the Empire Center for Public Policy Inc. Read More
E.J. McMahon, president of the Empire Center for New York State Policy, a nonprofit think tank, questions what kind of businesses will get into [Start-Up NY] and how many lasting jobs it will create. "Some of them will fail and won't produce any economic benefits," McMahon said. "It's capitalism; that's how it works." Read More