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May 14, 2012
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Almost no Upstate job growth for 2005


Upstate New York barely produced any net new jobs in 2005, the state Labor Department reported with release of revised figures for the end of the year. Upstate's private-sector employment rose 0.2 percent, while the downstate region added jobs at a pace of 1.3 percent, and the nation's employment rose 1.7 percent.

The statewide private-sector job growth of 0.9 percent was just more than half the nation's growth rate. Matching the national pace would have given New York another 55,000 jobs.

We give the state Labor Department full credit for including the New York-national comparison in the first paragraph of its press release. We wish every news report on the subject included similar details. Instead, news stories often focus on the unemployment rate. That's a less useful indicator than the growth in jobs. When people move elsewhere in search of opportunity, the unemployment rate improves even though the state's economic vitality diminishes.

Three Upstate regions (Binghamton, Buffalo-Niagara Falls and Elmira) lost jobs during 2005, the Labor Department reported. The Southern Tier was hit especially hard. Kingston, Rochester and Utica saw no growth, but no net losses either. The state's Capital Region, Syracuse, Glens Falls and Ithaca all are doing well enough that local leaders say they're doing well. But their 2005 growth rates barely surpassed half the national job pace.

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News about Labor Law cases in Nevada and nationwide:

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The U.S. Equal Employment Opportunity Commission (EEOC) examined perspectives on work/family balance and the intersection with the federal anti-dis...
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U.S. Labor Secretary Announces Grant to Aid Dislocated Workers in Massachusetts
WASHINGTON — U.S. Secretary of Labor Elaine L. Chao recently issued a grant of $2,281,237, with an initial increment of $1,110,464, to assist appro...
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U.S. Labor Secretary Announces $1 Million Grant to Aid Dislocated Workers in Connecticut
WASHINGTON — U.S. Secretary of Labor Elaine L. Chao today announced a grant of $1 million, with an initial release of $550,167, to assist approxima...
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Labor Law Terms

 


Today's Terms

Economic strike

Definition:
Economic strikes are not a ground for terminating participating employees and they result when employees strike after a stalemate in negotiations over a contract with management.

Panic

Definition:
A series of unexpected cash withdrawals from a bank caused by a sudden decline in depositor confidence or fear that the bank will be closed by the chartering agency.

Central bank

Definition:
A country's principal monetary authority, responsible for such key functions as issuing currency and regulating the supply of credit in the economy.

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Labor Law Hot Topics

 


Topics Related to Labor Law:

  • Collective Bargaining
  • Discrimination law
  • Employment Agreements
  • Employment Litigation
  • Fair Labor Standards Act
  • Labor relations
  • Mediation
  • Occupational safety & health
  • OFCCP
  • Strike Support
  • Wrongful Discharge

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Nevada Labor-Law Attorney

 
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  • Reno
  • Sparks
  • Sun Valley
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