DiNapoli: Nation outpacing NY in job growth (Updated)

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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.”

Employment Trends Nys 2013 by jspector

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  1. Here’s the reality… Under Cuomo NY has experienced the demise of 39,453 NY state businesses last year, Cuomo is raiding $1.75 billion from the reserves of the already over budget State Insurance Fund (SIF). Cuomo can not even hold on to his democratic majority which is in the middle of a corruption scandal with “show-me-the-money culture” and “pay-to-play politics” throughout Albany. Cuomo has disenfranchised the Northern and Western part of New York with his SAFE Act. Cuomo is afraid to take a stand and make a decision, either way with respect to fracking, gambling or abortions. No matter what your position is, Cuomo is leaving New Yorkers with no resolution to these issues or the ability to move forward. New York has the highest taxes in the nation, is the most indebted state, with 33 percent of income dedicated to borrowing. It is ranked as the least “business-friendly” state in the country and if that were not bad enough NY has the distinction of being the least free state in the union and is called the “Nanny State” with politicians legislating what we eat and drink. Municipal governments from Nassau County to Yonkers to Syracuse are teetering. And during Mr. Cuomo’s time in office, unemployment has risen above the national average. 9% of the state’s 2000 population left for another state between 2000 and 2011 — the highest such figure in the nation, see the study by George Mason’s independent libertarian-leaning Mercatus Center.

    NY State under Cuomo Governorship:
    570 jobs lost-Sikorsky Aircraft-closed
    174 jobs lost -Dal-Tile Corp-closed
    592 jobs lost- Archcare Inc-closing
    375 jobs lost- Ralcorp- closing 2 plants
    84 jobs lost- Vette Thermal Solutions – moving to NH
    350 jobs lost -Daikin McQuay-moving Auburn plant to Tennessee
    86 jobs lost-Oberdorfer foundry in DeWitt, NY is closing in May
    65 jobs lost – Advanced Monolythic Ceramics in Olean – moving to CA
    35 jobs lost-Bombardier Mass transit – closing
    50 jobs lost-Spectrum Plastics – closing
    160 jobs lost-Menands company (Albany International) – moving to NH by end of 2013
    700 jobs lost-IBM June 2013
    400 jobs Bausch & Lomb HQ leaving Rochester, NY
    untold jobs lost – Remington expanding $32m ammunition plant outside Cuomo’s business & 2nd Rights hostile NY
    100+ Jobs Kahr Firearms Group – heading to Pennsylvania to avoid business risks faced in NY under Cuomo