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Challenges Facing Small Businesses in New York
Despite the importance of small businesses, New York trails the rest of the country in key metrics, including business creation and employment. Small business owners in New York report facing unique challenges and entrepreneurial barriers.
https://www.osc.ny.gov/files/reports/pdf/challenges-facing-small-businesses-in-ny.pdfTown of Otselic – Records and Reports and Conflict of Interest Audit Follow-Up (2021M-36-F)
… and finances. The Supervisor serves as the Town’s chief executive officer and chief financial officer responsible for the …
https://www.osc.ny.gov/local-government/audits/town/2024/08/16/town-otselic-records-and-reports-and-conflict-interest-audit-follow-2021m-36-fNew York’s Economy and Finances in the COVID-19 Era
… Economic Trends Total New York Wages Fell $12.5 Billion in Second Quarter In the second quarter of 2020, total wages paid in New York … In the second quarter of 2020 total wages paid in New York State declined by $125 billion or 74 percent in …
https://www.osc.ny.gov/reports/covid-19-december-16-2020New York’s Economy and Finances in the COVID-19 Era
… Latest Updates The State Comptroller’s Office is committed to keeping New Yorkers regularly updated on the State’s … Unemployment Benefits Remain a Financial Lifeline–But for How Long? Unemployment benefits have provided urgently needed … previously reported in July , August , and September on how small businesses in New York State have been impacted. …
https://www.osc.ny.gov/reports/covid-19-december-2-2020New York’s Economy and Finances in the COVID-19 Era
… Selected Economic Trends Job Losses Are Concentrated in Lower-Paid Sectors Six months into the COVID-19 recession, New Yorkers working in lower-paid sectors continue to suffer a disproportionate … share of job losses statewide and especially in New York City. Among the nearly 1.3 million net jobs the …
https://www.osc.ny.gov/reports/covid-19-september-30-2020New York’s Economy and Finances in the COVID-19 Era
… Jobs Recovery Varies Across New York Total employment in New York State fell in March, and again—much more sharply—in April, with a combined loss of more than 1.9 million jobs. … Total employment in New York State fell in March and again much more sharply in April with a combined …
https://www.osc.ny.gov/reports/covid-19-november-12-2020New York’s Economy and Finances in the COVID-19 Era
… Economic Trends New York State Ranks Second Nationally in Jobs Lost While all states have lost employment since the … earlier this year, New York surpasses almost every other in both number and percentage of job losses. From February … August 2020, the Empire State ranks second to Hawaii in percentage of employment decline and second only to …
https://www.osc.ny.gov/reports/covid-19-october-14-2020New York’s Economy and Finances in the COVID-19 Era
… New York State’s unemployment rate dropped to 9.7 percent in September, marking the first time the rate has been below … COVID-19 pandemic. The 2.8 percentage point improvement in the unemployment rate was the second largest among all states, as shown in the map below. New Jersey led the nation with a 4.4 …
https://www.osc.ny.gov/reports/covid-19-october-28-2020New York’s Economy and Finances in the COVID-19 Era
… will happen to their household within the next two months. In addition, one-third said that it has been somewhat … canceled or changed significantly. Layoffs and Discharges in the Northeast Are at Pre-Pandemic Levels New data from the … of Labor Statistics (BLS) highlight the ongoing churn in employment during the COVID-19 era. The Northeast Region …
https://www.osc.ny.gov/reports/covid-19-september-16-2020New York’s Economy and Finances in the COVID-19 Era
… count hit an all-time high of more than 9.8 million in February, reflecting net gains of nearly 2 million jobs … a body blow to the State’s economy, with combined losses in March and April wiping out 24 years of job growth, as shown in the chart below. The April decline of more than 1.9 …
https://www.osc.ny.gov/reports/covid-19-august-19-2020New York’s Economy and Finances in the COVID-19 Era
… of New York State small businesses received assistance in recent months through the federal government’s Paycheck … survey data for the week ending June 27. $38.2 billion in PPP loans were approved for New York applicants through … provide guidance to lenders about prioritizing borrowers in underserved and rural markets, those borrowers, including …
https://www.osc.ny.gov/reports/covid-19-august-5-2020New York’s Economy and Finances in the COVID-19 Era
… billion from March 1 through July 17, with steep increases in payments following the onset of the pandemic. In the most recent weeks for which data are available, … during the first half of July added $5.7 billion to those in the preceding months shown in the nearby chart. By …
https://www.osc.ny.gov/reports/covid-19-july-22-2020New York’s Economy and Finances in the COVID-19 Era
… of lost jobs. 53% of New York adults age 18 and over live in households that have lost employment income since … Data For example, while 10 percent of all U.S. adults live in households reporting not having enough to eat in the … In the wake of COVID19 more than half of adult New Yorkers live in households that have lost employment income …
https://www.osc.ny.gov/reports/covid-19-july-9-2020DiNapoli, James and Garnett Announce Sentencing in Straw Donation Scheme
… to Alvarez. Gonzalez also distributed contribution cards to these employees, which he had them falsely make out … Alvarez then collected the money and false contribution cards. Even though he knew the contribution cards were false, Alvarez submitted them to the New York City …
https://www.osc.ny.gov/press/releases/2020/02/dinapoli-james-and-garnett-announce-sentencing-straw-donation-schemeRecent Trends and Impact of COVID-19 in the Bronx
… the citywide growth rate of 18.7 percent), to reach 18,300 businesses in 2019. While business growth was spread … of Jobs in 2020 Q2 Percent Change Health Care 70,200 63,300 -9.9% Retail Trade 30,900 24,200 -21.6% Social Assistance … Major index crime in the Bronx (which includes murder, rape, felony assault, robbery, burglary, grand larceny and …
https://www.osc.ny.gov/reports/osdc/recent-trends-and-impact-covid-19-bronxNew York’s Economy and Finances in the COVID-19 Era
… Edition Selected Economic Trends Statewide, 28% of Lost Jobs Have Been Regained Through July; in NYC, 17% While New York State has regained more than one in four of the jobs it lost in March and April, the unprecedented scale of … and April. Through July, the State had regained 548,000 jobs, or 28 percent, as shown below. The COVID-19 recession …
https://www.osc.ny.gov/reports/covid-19-september-2-2020New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s Office is committed to keeping New Yorkers regularly updated on the … as well as tax revenues. Real U.S. gross domestic product is projected to increase by 4.4 percent in calendar year 2021 … April of 2020, a return to pre-pandemic employment levels is not expected until 2025. “The COVID-19 pandemic’s damaging …
https://www.osc.ny.gov/reports/covid-19-january-21-2021New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s Office is committed to keeping New Yorkers regularly updated on the State’s economy and … Be Extended Again? New Yorkers’ average student loan balance rose by 3.9 percent from the previous year to $37,600 … New Yorkers average student loan balance rose by 39 percent …
https://www.osc.ny.gov/reports/covid-19-january-7-2021New York’s Economy and Finances in the COVID-19 Era
… Subscribe for Latest Updates The State Comptroller’s Office is committed to keeping New … Economic Trends Job Recovery and Unemployment Rates: New York City and New York State Unemployment rates for New … Unemployment rates for New York State New York City and the balance of the State …
https://www.osc.ny.gov/reports/covid-19-february-3-2021School Districts – Lead in Water: Testing and Reporting (2025-MS-2)
… and 418 (6 percent) could not be matched to a District test result because records were not available and District … had at least one or more issues with reporting their test results, including no reporting at all, late reporting, … and/or guardians in writing, and/or no posting of all test results on the Districts’ websites. …
https://www.osc.ny.gov/local-government/audits/school-district/2025/12/31/school-districts-lead-water-testing-and-reporting-2025-ms-2