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February 06, 2012
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Labor Law News

 

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 Denver and nationwide:

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The U.S. Department of Labor today announced a $4,433,754 grant, with an initial release of $1,477,077, to provide employment-related assistance to...
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2005 Labor Budget Will Enhance Labor Law Enforcement
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Labor Law Terms

 


Today's Terms

Venture capital

Definition:
Investment in a new, generally possibly risky, enterprise.

Wrongful termination

Definition:
In addition to "at will employment" courts have extended the measures to protect a worker's job and have set certain guidelines for terminating employees.

Bond

Definition:
A certificate reflecting a firm's promise to pay the holder a periodic interest payment until the date of maturity and a fixed sum of money on the designated maturing date.

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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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Denver 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:

  • Arvada
  • Aurora
  • Boulder
  • Brighton
  • Broomfield
  • Canon City
  • Castle Rock
  • Colorado Springs
  • Commerce City
  • Denver
  • Durango
  • Englewood
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  • Grand Junction
  • Greeley
  • Lafayette
  • Littleton
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  • Louisville
  • Loveland
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  • Parker
  • Pueblo
  • Westminster
  • Wheat Ridge
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