Posted on 02/16/2024 10:48:07 AM PST by ChicagoConservative27
The Empire State is not expected to recover all the jobs lost from the COVID pandemic until at least late 2026, according to a new analysis.
The report by state Comptroller Tom DiNapoli, which cited a forecast by Gov. Kathy Hochul’s office, expressed concern about New York’s slow jobs recovery from the COVID-19 pandemic compared to the rest of the country.
“State employment growth is still forecasted to lag that of the nation,” DiNapoli’s analysis of Hochul’s executive budget plan said.
“While the nation’s employment exceeds its pre-pandemic levels, New York has still not recovered all the jobs that were lost … DOB (NYS Division of the Budget) does not expect a return to pre-pandemic employment levels until the second half of 2026,” it added.
US Bureau of Labor Statistics show that New York ranks near the bottom of the pack in terms of jobs recovering from the pandemic through 2023 — 47th out of 50 states.
(Excerpt) Read more at nypost.com ...
If businesses are smart, many will have moved out of NY to someplace safer (less crime, less taxes, less regulations). The regaining of jobs may take a lot longer than predicted here.
Covid was imaginary. Jobs are gone because of the LOCKDOWN.
deliberate destruction of small businesses to make room for “those” who will be helped by government to replace
Continuing layoffs all over the state.
Especially Upstate.
That headline is BS at best, a flaming lie at worst.
The commercial property industry will never fully recover.
Exactly. What business owner would ever risk that Pfascism again?
https://dol.ny.gov/warn-notices
Read it and weep.
And, BTW , if we’d vote for this expletive-deleted, then why does Deep State HAVE TO STEAL OUR ELECTIONS!?
I DGAF if the place loses every job that exists there today.
What business owner would risk being dragged into a New York court based on a specious charge, having their business taken from them over nothing, and even put into jail based on idiotic lies?? With any sense, you would move to Florida, the Carolinas or Texas where at least at this point, this garbage doesn’t clog up the judicial system.
Ironically, Cuomo is not as bad. Kathy Hochul is much worse.
Ilion, NY needs a new Town Seal. There's no telling who that guy on the Town Seal might influence to go on a shooting rampage.
Do they count working in a prison industry.
And the illegals will get all of them.
Governor Hokum should speed up the work permits for the thieves coming across the border for jobs in NY. Could hit it sooner than 2026 if she gets off her butt and Abbott can get a few more busses up there.
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