Plans to lure a Canadian battery company to the Hudson Valley with a slew of government incentives, including job-creation tax credits, loans, and federal subsidies, appear to be a dud. It’s a reminder that when it comes to picking winners in the energy-storage space, taxpayers are often losers. Read More
Tag: Private Sector
New York’s construction unions, facing a decades-long decline, are employing a time-honored tactic: getting state government to stop people from competing with them. Read More
The Empire State's private-sector employment gains over the past year have been increasingly concentrated in New York City. Read More
New York just tallied its biggest year-to-year October private-sector job gain on record, according to the state's latest monthly state Labor Department report. Read More
New York was the national epicenter of the pandemic, and Governor Cuomo's "New York State on PAUSE" business shutdowns and other restrictions led, in short order, to the loss of nearly 2 million jobs in the first full month after the infection began spreading in the New York City area. Read More
New York managed to tie the nation’s private-sector job growth rate in July—but compared to the U.S. as a whole, the Empire State remains much further below its pre-recession employment level, according to preliminary estimates in today’s monthly jobs report from the state Labor Department. Read More