Crucial New York State Jobs Report Was More Than 70 Days Late

In a classic, pre-holiday weekend bad news document dump, the Cuomo administration quietly posted a report late Friday afternoon that showed that Gov. Cuomo’s prized Start-Up NY job program — now in its third year — roduced a paltry 408 jobs over its first two years
NYT: Cuomo’s Start-Up Program, Meant to ‘Supercharge’ Economy, Has Created 408 Jobs

One of Gov. Andrew M. Cuomo’s most highly promoted economic development initiatives has produced just 408 new jobs across New York State in the past two years, even as the state has spent tens of millions of dollars promoting it, according to a delayed report released on Friday afternoon.
Mr. Cuomo’s strategy for rejuvenating upstate New York has always centered on creating jobs — by luring big companies from out of state, cutting business taxes and pouring billions in state subsidies into nanotechnology projects from Buffalo to Albany, an initiative that has caught the attention of federal prosecutors, who are examining how contracts for such projects were distributed.....

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http://www.nytimes.com/2016/07/02/nyregion/cuomos-start-up-program-meant-to-supercharge-economy-has-created-408-jobs.html?_r=0

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