Escape from New York
No, not Snake Plissken. From the
New York Post:
Why New York's future is fleeing
For more than 15 years, New York state has led the country in domestic outmigration: For every American who comes here, roughly two depart for other states. This outmigration slowed briefly following the onset of the Great Recession. But a recent Marist poll suggests that the rate is likely to increase: 36 percent of New Yorkers under 30 plan to leave over the next five years. Why are all these people fleeing?
For one thing, according to a recent survey in Chief Executive, our state has the second-worst business climate in the country. (Only California ranks lower.) People go where the jobs are, so when a state repels businesses, it repels residents, too.
Indeed, the poll also found that 62 percent of New Yorkers planning to leave cited economic factors -- including cost of living (30 percent), taxes (19 percent) and the job environment (10 percent) -- as the main reason.
The article goes on - New York City is actually doing OK, it's the rest of the state that is suffering. Still, even in the city, the fastest growth is at the bottom in hospitality work.
Visited there a few times but have no desire to spend any time...
Posted by DaveH at May 24, 2011 6:52 PM