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New York’s struggle to bring back workers: https://www.uticaod.com/news/2020010...g-back-workers (looks like some of the smaller metros are having this issue and I think the idea of cost of living being uniformly high in NY State(which it isn’t) may play a part in this, according to the article). This also illustrates that those that have the right skills and would take a job in these(and other) areas can find employment.
Directors for the Genesee County Economic Development Center will consider on Jan. 9 an application from Buffalo developer Sam Savarino for $3.6 million in tax breaks for the proposed $22.5 million Ellicott Station project. Savarino is seeking approximately $2,105,792 for a property tax exemption, a $790,512 sales tax exemption, and a $180,792 mortgage tax exemption.
Wow:
Quote:
With the expansion Ellicott Station will have a total of 55 apartments – a mix of one- and two-bedroom units.
New York’s struggle to bring back workers: https://www.uticaod.com/news/2020010...g-back-workers (looks like some of the smaller metros are having this issue and I think the idea of cost of living being uniformly high in NY State(which it isn’t) may play a part in this, according to the article). This also illustrates that those that have the right skills and would take a job in these(and other) areas can find employment.
So despite what people there of a certain political bent and agenda would have us believe, there really is a shortage of skilled workers in NY. Knock me over with a feather.
The article cites the same stats I've shared here in recent times, stats and facts I've been beat up over, time and again, by the boosters here. The article backs up what I've posted:
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Though New York’s recent unemployment rate stood at 3.6% in November, a more than 40 year low, the rate actually disguises a troubling scenario in every metro region north of the lower Hudson Valley.
Years of upstate economic woes and a rising cost of living have sent workers elsewhere, mostly out of state, to pursue job opportunities that up until recent years were lacking across wide swaths of the state.
In sharp contrast to national trends, state Labor Department statistics show the labor force in upstate — all counties north of New York City — declined 3.2% since late 2010.
The state’s labor force numbers are down in 12 of 13 upstate metro regions, with the only exception Westchester, Rockland and Orange.
Across the U.S., the labor force count has risen by more than 6%.
The latest figures come as Gov. Andrew Cuomo is set to lay out his 2020 priorities in his State of the State address Wednesday.
The economy is certain to be a top focus as New York leaders grapple with a $6 billion budget gap and seek to revitalize upstate through new initiatives.
LMAO
So as I've shared here, time and again, the labor forces of Upstate's cities are declining. Why? Productive people moving away, a massive welfare class thanks to Albany and NYC politicians, a massive class of people there running all manner of disability scams, and the population of NY is generally much older than that of the rest of the country, among other factors.
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Compare that to the 16% increase in Utah and 14.5% in Colorado, not exactly warm weather enclaves.
“We can’t attract people,” said Gary Keith, regional economist with M&T Bank in Buffalo.
Hey, Gary Keith. You can't retain people, either.
This fact lines right up with what I've known for some time, now, and something which accelerated since the downturn. People aren't moving to NY, but by golly the intrastate moves have been brisk for some time, now:
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Employers are left trying to poach from others in the region, or embark on an expensive recruitment campaign to convince workers to return.
That's the only way I was able to launch a career in high-tech manufacturing there, though. Had to work for a few companies, companies which did not grow during that time and which were struggling, while going to school, knowing full well when I got my degree there wouldn't be anything in that region of the country to keep me there. Furthermore, pay is a big motivator for people. An Alfred or whatever grad will gladly move to Greenville, SC, as I've seen tech grads from NY do over the last how many years, vs. stay in a region where they won't be compensated well, but will have a higher CoL, which makes paying back student loans more troublesome.
So to recap:
1. Upstate's metros have declining labor forces, despite record low unemployment, bucking national trends.
2. Productive people continue to leave Upstate, burdening employers even on top of the already troublesome issue of a declining workforce.
3. Tech grads and career tech pros continue to leave Upstate, nothing new and it won't improve.
More from the article:
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Lockheed Martin sites in Syracuse and Owego are combing applications to fill 120 openings; Oracle in Rochester lists 54 open positions; Sirius Computer Solutions in Albany has 38 spots, the labor department says.
“The demographic with most of that loss is coming from mid-career to older workers,” Keith said.
The number of people I know in their 40's getting ready to leave just Rochester is staggering, the 2020 census will be a doozy, just imagine how bad things will be in 2030 for Upstate, NY.
We'll see, but the fact remains that the availability of jobs excuse isn't as strong as it used to be. So, a lot of this is just a matter of people wanting to take the jobs available or not.
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