Businesses, Residents Plan to Leave New York

Several companies are relocating from the Empire State, numerous businesses have announced they are closing shop altogether citing economic reasons, and a new poll shows a third of New York residents plan to move because they can't afford to stay. A review of the New York Department of Labor WARN notices shows several companies are relocating to other states. Private sector employers that have more than 50 employees must file a notice before closing a plant and must also notify the state when they are laying off 33 percent of their workforce. -- More....