It's been ten years since the Great Recession of 2008, marking the devastating economic collapse which plummeted the stock market, leveled the housing industry, and eliminated many jobs nationwide.

But for New York, the blow was lessened ever so slightly, thanks to government bailouts on Wall Street among other factors, making for an interesting economic recovery.

A new report from the Empire Center examines a bounce-back concerning job growth and unemployment resting on an imbalance between downstate and upstate:

Downstate ending in the lower Hudson Valley and upstate including the 50 counties north of Orange and Dutchess.

The Empire Center's Research Director, EJ MacMahon explains further.