recession

5:27am

Fri August 30, 2013
The Upstate Economy

Report: New Yorkers pay a price for longer unemployment

A new report on the status of workers finds the period since the 2008 market crash may turn out to be a “lost decade” for New Yorkers, as wages stagnate and the average time for unemployment lengthens.

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4:16pm

Mon October 8, 2012
The Upstate Economy

Mobile reemployment teams tour state

Upstate New York is having a hard time getting over the recession. Unemployment in upstate rose to 8.5 percent in August, close to one percentage point higher than during August 2011, according to a new report from the New York State Department of Labor. New York’s rate peaked above the national trend, and this month Governor Andrew Cuomo started an initiative to help address the issue.

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9:02am

Tue October 2, 2012
Regional Coverage

SU reaches fundraising goal

Syracuse University announced this month that it has reached the $1 billion mark in its fundraising campaign, which was launched in 2005. University administrators had not expected that goal to be met until December 31 of this year. With the recession dogging the economy for the last four years, other universities have not been so successful in their fundraising efforts.

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9:37am

Thu August 2, 2012
Politics and Government

Comptroller: Local governments face grim fiscal reality

A report from the state comptroller finds local governments in New York are struggling financially. Around 10 percent are running deficits or suffering from cash flow problems, and there is no end in sight.

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11:01am

Fri May 25, 2012
The Upstate Economy

Slow and steady: New York state job levels rise

Michael Lokner Flickr

New York state is on the brink of returning to pre-recession job levels, according to a new analysis from IHS Global Insight.

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