The film and television production industry plays an important role in the economy of New York State, but states across the nation and certain Canadian provinces are aggressively competing for film and television jobs by offering tax incentives.
By any measure, New York’s economy depends heavily on small businesses. Using the definition established by the federal Small Business Administration (SBA)—any firm with fewer than 500 employees—small businesses account for more than half of all private sector jobs and the vast majority of the private sector firms in New York.
Programs focused on children who are at risk of becoming delinquent have demonstrated effectiveness in preventing young people from ever entering the juvenile justice system.
The economic recovery took hold in New York in 2010, but it has been slow, and not all regions of the State have benefited equally.
In the past two years, New York State has regained 46 percent of the jobs lost during the recession, but not all parts of the State have benefited equally.
New York added more jobs in the past two years than previously reported, according to revised data from the New York State Department of Labor.
More than a decade ago, New York became the fourth state in the nation to extend in-state college tuition rates to undocumented immigrant students. Today, approximately 8,300 such students attend public institutions of higher education throughout New York.
New York State’s economy, like that of the nation, has taken a roller coaster ride since the start of the 21st century. The national recession of 2001 and its aftermath hit the Empire State with job losses proportionally larger than those in most states. Following more than five years of steady recovery from the 2001 downturn, New York was again hit hard by the Great Recession – losing more than 300,000 jobs in 2008 and 2009.
More than a decade ago, New York became the fourth state in the nation to extend in-state college tuition rates to undocumented immigrant students. Today, approximately 8,300 such students attend public institutions of higher education throughout New York.
