NYers’ incomes have fallen
Personal income for New Yorkers fell by 3.1 percent last year, the first time in 70 years that state residents saw a yearlong drop, according to a report released yesterday by state Comptroller Thomas DiNapoli. The losses from paychecks, rents, dividends and interest amounted to $908 billion. Income in New York took a tumble nearly twice that felt in other states, he said. “New York’s economy is improving, but not fast enough,” DiNapoli said.
State job gains have been concentrated around New York City and its suburbs, he added.