On June 11, 2013, New York’s ill-advised new law aimed at protecting the unemployed takes effect. Putting in place the most sweeping protections and rights for unemployed job applicants in the country, the new law may have a far-reaching adverse impact on New York City employers and economic development. On its face, New York’s new law is a well-intentioned effort to address the problem of long-term unemployment. In reality, however, it is a "misguided attempt," as Mayor Michael Bloomberg powerfully put it in his veto message, which, for several reasons, promises more lawsuits than jobs.
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