Half of LI Jobs Are Back & That’s Supposed to Be A Good Thing

March Unemployment on LI Has Improved A bit

We’re back? With half the jobs restored since 2009? So, if the unemployment line is half as long, that’s a good thing? I’m having problem believing we are back but I hope William Dudley is right.

Newsday: The economic recovery has finally taken hold on Long Island but only about half the jobs lost in the recession have been regained, New York’s top banker said Monday.

William Dudley, president of the Federal Reserve Bank of New York, said employment in Nassau and Suffolk counties declined by about 4 percent in the 18-month downturn that ended in June 2009. “Since bottoming out in late 2009,…