New York has made gains in job growth since the recession in 2009, but the pace is still behind the national average, a report today found.
Comptroller Thomas DiNapoli said that for the first time in six years, national job growth rates have exceeded those in New York.
“The good news is that New York’s job count has increased above its pre-recession levels,” DiNapoli said in a statement. “The bad news is that, over the past year, we have fallen short of the national growth rate in several major employment sectors.”
New York added 110,000 jobs between June 2012 and June 2013, but the national job growth rates exceeded New York’s in nearly every major employment sector, DiNapoli said.
Gov. Andrew Cuomo, who took office in 2011, has made the upstate economy a top priority, and his administration has touted that the state has regained all the jobs lost during the recession. New York State’s unemployment rate in July was 7.5 percent, its lowest level since February 2009.
DiNapoli, however, painted a different picture. New York outperformed the nation in job growth in the education and health-care sectors, but government jobs decreased in New York by 1.1 percent as local governments and schools grappled with budget woes.
Overall, New York’s job growth declined to 1.8 percent in 2012 from 2.1 percent in 2011, while the national rate increased.
The numbers are a change from previous years, DiNapoli said. Between 2007 and 2011, New York outpaced the nation in job growth—in large part because of the housing bubble that hurt other states more than in New York.
New York per capita personal income also outpaced the nation: $52,095 in 2012 compared to a national average of $42,693.
DiNapoli also pointed out that the state’s recovery from the recession has been uneven across the state. Private employment rebounded in New York City, the Ithaca area, the Capital region and the Buffalo area.
But Binghamton, Kingston, Utica, Syracuse and Elmira saw declines in private-sector employment.
Between 2002 and 2012, total employment in New York was up 4 percent, and was up 12 percent in Ithaca—the largest increase in the state. Employment was up 3 percent in the Poughkeepsie area, up 2 percent in the lower Hudson Valley and flat in Rochester.
Total employment was down 6.5 percent in Binghamton and down 4 percent in Elmira over the decade, the report showed.
Updated: Cuomo’s budget director Bob Megna isn’t buying DiNapoli’s report.
“The report the comptroller issued today is baffling, and in direct contradiction to the analysis the independent credit rating agency Moody’s Investor Service issued yesterday when they changed New York’s financial outlook to positive,” Megna said in a statement. “Moody’s report, which the Comptroller issued a statement applauding just yesterday, cited that New York State’s recent job growth, which includes adding 300,000 private sector jobs in the last two and a half years has “surpassed or closely approximated the U.S.”