BUSINESS BRIEFS

Recovery not so hot in New York

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New York has one of the best vaccination rates in the country — maybe even the world. But the state continues to lag when it comes to an economic recovery post-pandemic.

In fact, according to one study, New York has one of the worst recoveries in the country.

That’s according to WalletHub, which saw New York’s unemployment more than double between May 2019 and this past May. It’s a difference between 360,000 people out of work and more than 735,000.

That ranks New York with the fourth-worst recovery in the United States.

The state has recovered a bit since the peak of the coronavirus pandemic, where there was once 1.4 million people out of work. Yet, that 48 percent improvement was the 14th worst in the country.

And, of course, New York’s 7.8 percent unemployment rate is the fifth highest unemployment rate in the country.

The best recovery can be found in states like Vermont, Utah, Nebraska and South Dakota, where the May unemployment rate was less than 3 percent, and didn’t fade too far off that pace despite the pandemic.

States with recoveries worse than New York included New Mexico and Hawaii.

 

Top prosecutor named in the Bronx

Nancy Killian, the Bronx assistant district attorney, has earned prosecutor of the year honors from the New York Prosecutors Training Institute and the District Attorneys Association of New York.

She joined the Bronx office in 1990, becoming bureau chief in 2016 when Darcel Clark was first elected to the position.

Killian received the award last weekend in Bolton Landing.

Originally published July 1, 2021

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