News

Issues and events that shape Long Island's economic and legislative landscape.

Thursday, November 27, 2014

Statement From LIA Chief Economist John Rizzo on Unemployment

"Today's decline in the unemployment rate despite weak jobs growth reflects a drop in workers seeking jobs.  This highlights the fragile nature of the recovery. Given  this weak employment news, the Fed may need to rethink tapering its economic stimulus", said John A. Rizzo, LIA Chief Economist.