Much of the country has shaken off or is close to moving beyond the job losses that followed the instant pandemic recession nearly two years ago—but the pace of New York's recovery continues to rank near the bottom among the 50 states, according to Read More
New York owes $9.3 billion to the U.S. Treasury for pandemic-related debt that, if left unpaid, will inflict harm on resident businesses for years to come 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's employment recovery slowed to a near halt in the crucial month of September, falling further behind the national growth rate in the 18th full month since the pandemic hit in March 2020, according to and federal monthly job reports. 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's jobs report for August looked relatively strong—but only by comparison, that is, with what was generally regarded as a disappointing national number. On a seasonally adjusted basis, New York gained 28,000 private-sector jobs last month—a growth rate of 0.4 percent, according to preliminary monthly estimates from the state Labor Department. Read More
Hochul’s specific priorities were lowest-common-denominator stuff: “combating” the spread of COVID-19 linked to the Delta variant, pushing billions in stalled federal rent relief out the door to tenants (and ultimately their landlords) and “beginning to change the culture in Albany.” Read More
New York's post-pandemic employment recovery came to a halt and moved into reverse in December, according to the state's for the final month of COVID-wracked 2020. Private payroll employment in December was 966,000 jobs below the level of the pre Read More
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