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Mangano’s Economic Policies Result in Stronger Job Market - Unemployment Rate Declines as Jobs Return to Nassau County

Nassau County Executive Edward P. Mangano’s economic policies of freezing property taxes for four straight years and creating local jobs have resulted in lower unemployment. Today, the New York State Department of Labor released statistics indicating a drop in unemployment to 5.1% this past December, from 7.1% in December 2012. Long Island’s overall unemployment rate of 5.1% indicates how local economic policies are working when compared statewide (6.6% unemployment) and throughout the nation (6.5% unemployment).

Mangano’s Economic Policies Result in Stronger Job Market - Unemployment Rate Declines as Jobs Return to Nassau County

Nassau County Executive Edward P. Mangano’s economic policies of freezing property taxes for four straight years and creating local jobs have resulted in lower unemployment. This week, the New York State Department of Labor released statistics indicating a drop in unemployment to 5.1% in Nassau County this November – lower than both Suffolk County (5.6%) and New York State (6.9%).

Mangano’s Economic Policies Result in Stronger Job Market - Unemployment Rate Declines as Jobs Return to Nassau County

Nassau County Executive Edward P. Mangano’s economic policies of freezing property taxes for four straight years and creating local jobs have resulted in increased sales tax receipts and lower unemployment. This week, the New York State Department of Labor released statistics indicating a drop in unemployment to 5.9% this October marks the first time the unemployment rate has fallen below 6% since 2008. Several weeks ago, budget officials received Nassau’s quarterly sales tax return which grew by 17%, bringing the year-to-date growth in sales tax receipts to over 9% or $68 million above that of 2012. This significant increase in sales tax receipts, along with Nassau County having an unemployment rate under 6%, is clearly the result of County Executive Mangano’s economic and job creation policies.

Mangano Joins “Veterans Stand Down”

Just days before Thanksgiving Day, Nassau County’s annual winter “Veterans Stand Down” provided hot meals, free clothing and financial benefit services to more than 125 men and women who served in our nation’s armed forces.