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Tag: economy

As Covid Restrictions Lessen, LI Economy Begins to Rebound

“Long Island has largely kept pace with the greater New York area in terms of overall job growth during this recovery period,” said Shital Patel, a regional economist with the New York State Department of Labor.

U.S. Jobs Gain Largest in 10 Months; Employers Raise Wages, Sweeten...

U.S. companies hired the most workers in 10 months in June, raising wages and offering incentives to entice millions of unemployed Americans sitting at home, in a tentative sign that a labor shortage hanging over the economy was starting to ease.

OpEd: Creating a Care Economy Can Transform U.S. Into Highly Functioning...

Robert Buonaspina, an activist and teacher in Locust Valley, explains why he believes that a care economy is the way forward for the United States.

U.S. Labor Secretary Supports Classifying Gig Workers As Employees

A lot of gig workers in the United States should be classified as "employees" who deserve work benefits, President Joe Biden's labor secretary said on April 29, suggesting a shift in policy that is likely to raise costs for companies that depend on contractors such as Uber and Lyft.

Biden Signs $1.9 Trillion Stimulus Bill Into Law on U.S. Lockdown...

President Joe Biden signed his $1.9 trillion stimulus bill into law on Thursday, commemorating the one-year anniversary of a U.S. lockdown over the coronavirus pandemic with a measure designed to bring relief to Americans and boost the economy.

OpEd: Technology Is Key To Long Island’s Economic Growth

During the pandemic, we have seen how the power of technology allows businesses to continue to operate. But businesses will need to keep leveraging technology to continue adapting and stay competitive.

OpEd: Working Together Key For Economic Recovery

Financial incentives, once passing the rigors of the “but for” test and cost/benefit analysis, are an effective tool for stimulating local economic development.

Foundation Surveys Pandemic’s Impact on Long Island’s Small Businesses

The Rauch Foundation, a Long Island-based organization that invests in community growth, is conducting a survey for local entrepreneurs to learn how COVID-19 has impacted their business.

Positive Signs Seen in Long Island and New York State Economy

Compared to a year ago, unemployment is down and the private sector has added jobs by the thousands.