New York S06261 amends reporting requirements for full-time jobs, part-time jobs, full-time equivalents, and project hires.
New York S06261 amends the New York state urban development corporation act to update reporting requirements for full-time jobs, part-time jobs, full-time equivalents, and project hires. The report must include the number of permanent full-time jobs, permanent part-time jobs, full-time equivalents, and project hires. A full-time job is defined as one where an individual is employed for at least thirty-five hours a week, while a project hire is a job for a season or limited period. This change aims to provide clearer and more detailed economic development data.
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