The New York state Department of Labor is a font of fantastic information about where the North Country’s economy is going.<\/p>\n
A new data set just compiled by their Lake Placid-based economist Anthony Hayden includes some particularly fascinating numbers.<\/p>\n
Across the entire North Country region, government now provides roughly 30% of the jobs. <\/p>\n
Here’s the shocker: Most of that big spending isn’t state or Federal, it’s local. <\/p>\n
More than 28,000 North Country workers draw a paycheck from a local town, village, county or school district – and from their neighbors’ property taxes.<\/p>\n
Another 14.4% of the region’s jobs are provided by non-profit groups, many of them funded through taxpayer dollars.<\/p>\n
That means the for-profit private sector now provides only a little over half of the employment (86,000 jobs) in our part of New York state<\/p>\n
That compares with government agencies and NGOs at roughly 69,000 jobs.<\/p>\n
One other wrinkle: Government workers out-earn private-sector employees significantly, accounting for 29% of the jobs…and 35% of the take-home pay.<\/p>\n
So here’s my question: Is this sustainable? And if budget cutting becomes a serious priority for Albany or Washington, how vulnerable is our region’s job base?<\/p>\n","protected":false},"excerpt":{"rendered":"
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