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July 20, 2010
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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 Minnesota and nationwide:

EEOC And BNSF Railway Agree To Settle Age Discrimination Lawsuit For $800,000
The Equal Employment Opportunity Commission (EEOC) and BNSF Railway Company (BNSF) today announced that they had agreed to settle an age discrimina...
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Labor Secretary Elaine L. Chao Unveils FY 2006 Budget
WASHINGTON—U.S. Secretary of Labor Elaine L. Chao today outlined the President's Fiscal Year (FY) 2006 budget for the Department of Labor. The Pres...
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Sponsored By The Labor Department’s
SAN FRANCISCO – The U.S. Department of Labor will hold a free workshop to help employers and pension plan administrators comply with the Employee R...
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Labor Law Terms

 


Today's Terms

Capital market

Definition:
The market in which corporate equity and longer-term debt securities (those maturing in more than one year) are issued and traded.

Price supports

Definition:
Federal assistance provided to farmers to help them deal with such unfavorable factors as bad weather and overproduction.

Federal Reserve Bank

Definition:
One of the 12 operating arms of the Federal Reserve System, located throughout the United States, that together with their 25 branches carry out various functions of the U.S. central bank system.

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Labor Law Resources

 


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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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Minnesota Labor-Law Attorney

 
If you live in the following cities and need an Labor-Law attorney you should contact our Labor-Law Attorney as soon as possible:

  • Andover
  • Anoka
  • Austin
  • Bemidji
  • Brainerd
  • Burnsville
  • Circle Pines
  • Cottage Grove
  • Eden Prairie
  • Elk River
  • Faribault
  • Hastings
  • Lakeville
  • Mankato
  • Minneapolis
  • Moorhead
  • Osseo
  • Owatonna
  • Rochester
  • Saint Cloud
  • Saint Paul
  • Stillwater
  • Winona
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