Upstate economy continues to struggle, jobs growth since 2010 is downright pathetic (Buffalo: foreclosures, home)

[HowardRoarke]

Upstate continues to lag behind most other regions of the U. S., as it has for 30+ years:


https://www.whec.com/news/report-ups...20676/?cat=565

[ckhthankgod]

This is pretty much what this article is referring to: NYS Economic Recovery Post Lehman Brothers

This list is somewhat relevant: https://www.newyorkupstate.com/expo/..._companie.html

On the other hand: https://www.newyorkupstate.com/expo/..._50_faste.html

Also, here is an interesting list from a little over a month ago: https://www.usatoday.com/story/money...-job/37674131/

More: https://www.cnbc.com/2018/10/05/here...b-markets.html

https://www.zippia.com/research/worst-job-markets/

[MrJones17]

I mean yeah if you live up here and pay attention to what's going on in the local economies, then go down south or out west to some of the more "booming" cities, you'll see why everyone leaves this place.

It's sad since all of the taxpayer money that's been pumped into these upstate NY local economies has basically gone to waste. Or at least hasn't seen any impressive ROI from it. Buffalo Billion and all those downtown revitalization awards come to mind...

[ckhthankgod]

^ A part of the issue is that Upstate also entered the recession later. For instance, during the early portion of the past recession, out of the top 100 metros, the bigger Upstate metros had some of the lowest home foreclosure rates in the country. As the recession went on, then you see things flip. Now, you are actually starting to see things moving in a positive direction in terms of jobs for most of Upstate. Hopefully it will continue and as I mentioned in another thread, there are job openings to be had for those will the appropriate skills/education.

Just so people don’t think I’m making that foreclosure information up: https://www.cbsnews.com/news/10-wors...sures-in-2010/

Also, Forbes had a list for the top 100 metros around the same time, which I can’t find/access at this time.

[TownDweller]

Originally Posted by ckhthankgod

^ a part of the issue is that upstate also entered the recession later. For instance, during the early portion of the past recession, out of the top 100 metros, the bigger upstate metros had some of the lowest home foreclosure rates in the country. As the recession went on, then you see things flip. Now, you are actually starting to see things moving in a positive direction in terms of jobs for most of upstate. Hopefully it will continue and as i mentioned in another thread, there are job openings to be had for those will the appropriate skills/education.

Just so people don’t think i’m making that foreclosure information up: https://www.cbsnews.com/news/10-wors...sures-in-2010/

also, forbes had a list for the top 100 metros around the same time, which i can’t find/access at this time.

lol