Corporate America Needs to Come Clean About AI’s Impact on Jobs
AI is rapidly reshaping how companies operate, promises major gains in productivity, and is increasingly driving hiring decisions, workforce size and layoffs. Comptroller DiNapoli recently authored an op-ed in City & State New York explaining why, as Trustee of the New York State Common Retirement Fund, he’s calling on corporations to increase transparency around AI’s impacts on workers.
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$126 Million in Unclaimed Funds Returned in March
The Office of the State Comptroller returned $126 million in unclaimed funds to its rightful owners during the month of March. From uncashed payroll checks to forgotten bank accounts, Comptroller DiNapoli is dedicated to putting money back into the pockets of the people and organizations it belongs to.
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New York State Agency Overtime Costs Increased by $1.6 Billion in 2025
New York State agency overtime costs increased 22.7% in 2025 for a total of $1.6 billion, while the number of overtime hours increased by 5.9%, or 1.4 million hours, higher than the previous year, according to the annual report issued by Comptroller DiNapoli examining state agencies’ overtime and workforce trends. The size of the state workforce, not including SUNY and CUNY, grew for a third straight year in 2025 increasing by 2.7%, or 4,139 positions, from 2024, to an average annual total of 155,448.
“The use of overtime by state agencies continued to climb with overtime as a share of payroll at its second highest rate since at least 2007,” DiNapoli said. “Agencies need to ensure usage is justified while continuing to safely and effectively provide the services New Yorkers expect and deserve.”
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Post-Pandemic Unemployment in NYC Persists for Some Demographic Groups
The December unemployment rate in New York City remained higher than pre-pandemic levels for several demographic groups, particularly for youths and Blacks, according to a report released by Comptroller DiNapoli. The report also found that non-college-educated unemployment is closer to pre-pandemic levels than college-educated unemployment, a major shift from earlier in the decade.
“New York City continues to experience uneven employment across demographic groups, even as overall unemployment has improved since the pandemic,” DiNapoli said. “My report found that youths and Black people continue to face elevated unemployment while women, people without children, native-born and those with a college education are more likely to face higher unemployment now than in years past. These findings identify where support may be needed to fuel stronger and more broad-based workforce participation.”
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M U N I C I P A L & S C H O O L A U D I T S
- East Norwich Volunteer Fire Company Number 1 – Fuel Monitoring
- City of Ithaca – Records and Reports
- Town of Cato – Supervisor’s Records and Reports
- Cincinnatus Fire Department – Financial Management
- Monroe 2-Orleans Board of Cooperative Educational Services – MiFi Usage Billings
- Town of Brant – Transparency of Fiscal Activities
- Truxton Fire District – Audit Follow-Up
- Chittenango Central School District – Audit Follow-Up
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