Sunday, November 10, 2013

45177 Jobs

45177 Jobs 

The Mayor's “new jobs” reporting is not a net job list. When enterprises like Staples close their doors the employee loss is not calculated.
A better indicator of quality job growth is in the monthly city income tax report. One $50,000 new hire is worth more than several part time j0bs.
As of October 31st income tax receipts for 2013 were around $100,000 less than 2012.
The big hope is that in 2014 the Port Authority’s JUMP hangar project will produce the promised quality jobs.

Paul Hunter

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