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July 20, 2010
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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 Buffalo and nationwide:

Judge Approves $5 Million Settlement Of Job Bias Lawsuits Against Woodward Governor
A federal judge has given final approval to a $5 million settlement resolving two consolidated class action employment discrimination lawsuits agai...
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OSHA Fines Company $138,200 For Workplace Safety Violations
CLEVELAND -- The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has proposed $138,200 in fines against Florand Co....
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OSHA Identifies 14,000 Workplaces With High Injury And Illness Rates
WASHINGTON -- Approximately 14,000 employers have been notified that injury and illness rates at their worksites are higher than average and that a...
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Labor Law Terms

 


Today's Terms

Unfair labor practice strike

Definition:
Employees who take part in an unfair labor practice strike retain their status as employees. Once the NLRB determines an employer's actions to be an unfair labor practice, employees are entitled to have their old jobs back, even if their employer has hire

Dividend

Definition:
Money earned on stock holdings; usually, it represents a share of profits paid in proportion to the share of ownership.

Dow Jones Industrial Average

Definition:
A stock price index, based on 30 prominent stocks, that is a commonly used indicator of general trends in the prices of stocks and bonds in the United States.

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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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Buffalo Labor-Law Attorney

 
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