Advertisement
 
Tuesday, March 31, 2015
Amsterdam, NY ,
Advertisement

Cuomo tours state targets for economic growth, jobs

Wednesday, October 03, 2012 - Updated: 7:51 PM

ALBANY (AP) -- Gov. Andrew Cuomo began a statewide tour Tuesday to cheer on business projects that have gotten under way with the help of tax breaks, as New York's unemployment rate remains stubbornly higher than the national average.

Accompanied by local and state officials in Syracuse, Cuomo echoed what many business leaders and economists have long said -- economic recovery depends partly on the image that conditions are improving or will soon.

He planned to visit Long Island on Friday, followed by eight other stops before the end of the year.

"We have real results. We have cranes in the sky," said Onondaga County Executive Joanie Mahoney in Syracuse.

"When you can count the cranes, it means you're building and you're moving forward," the governor added. "The energy is up, you can feel it here. You can feel it when you are on the ground. You can feel it all across the state. We have made great progress in two years.

"Getting people to believe is the first step," Cuomo said. "And when people believe a region is coming back, they invest, they buy homes, they fix their homes and it becomes a positive synergy, and that's what's happening here."

Meanwhile, unemployment rates in the area last month -- 8.6 percent in Syracuse; 8.3 percent in Onondaga and Madison counties; and 10.2 percent in Oswego County -- were worse than a year ago. And layoffs were announced Monday at The Post-Standard newspaper.

The unemployment rate statewide was 8.8 percent in September, compared to 8.2 percent nationally. The statewide rate was lower than in July, but higher than a year ago, when it was 8.1 percent.

The federal Bureau of Labor Statistics reported in August that 32 of 372 metropolitan areas nationwide had higher unemployment rates this June than in June a year ago. All 13 of New York's metro areas -- from Buffalo to New York City -- accounted for more than a third of them.

Cuomo has wide support for his plan to have local officials and business operators pull together on regional development plans then compete for state tax breaks and other incentives. But his plan also allows companies to get substantial tax breaks to locate operations in New York while established employers pay high state and local taxes.

     

Comments made about this article - 0 Total

Comment on this article

Advertisement
The Recorder Sports Schedule

 

The Recorder Newscast

Most Popular

    New York state Senate again backs legalization of mixed martial arts
    Wednesday, March 25, 2015

    Ovechkin, Chimera lead Caps past Rangers
    Monday, March 30, 2015

    Sheriff's office investigating foreclosure company
    Wednesday, March 25, 2015

    Michael T. Bintz
    Thursday, March 26, 2015

    Benefit scheduled Sunday For second time in five years, local family loses home to fire
    Wednesday, March 25, 2015

    Local singer makes it to the next round
    Tuesday, March 24, 2015

    Amsterdam native's wife endorsed for Nevada Senate post
    Saturday, March 28, 2015

    Best friends in life playing best friends in a high school musical
    Thursday, March 26, 2015

    F-FCS athletes Board eyeing tougher rules
    Friday, March 27, 2015

    Man burned by vehicle fire
    Saturday, March 28, 2015

Advertisement

Copyright © Port Jackson Media

Privacy Policies: The Recorder

Contact Us

Twitter

Instagram

Facebook