Monthly Archives: January 2006

Balancing New York State’s 2006-2007 Budget in an Economically Sensible Manner

January 31, 2006. The Fiscal Policy Institute's analysis of Governor George E. Pataki's Executive Budget and alternative approaches to balancing New York State's 2006-2007 budget. (See pages 28, 29 and 42 through 57 for analysis of school funding issues.) Briefing book on the 2006-2007 executive budget >>

Pulling Apart: Gap Between New York’s Wealthiest and Poorest is Widest in the Nation

January 26, 2006. New studies find that New York has the most unequal income distribution of the 50 states. And the situation in the Empire State has gotten much worse over the last two decades. This is among the findings of a new report from FPI, Pulling Apart in New York: An Analysis of Income Trends in New York, by the Fiscal Policy Institute. Also see Pulling Apart: A State-by-State Analysis of Income Trends, a new analysis of income trends in the 50 states by [...]

The Transportation Sector Workforce: Good Paying Jobs for Workers with Limited Education

January 20, 2006. Economic analysis by the FPI for the New York City Employment and Training Coalition and the New York City Workforce Investment Board. Among the findings: With several very large employers, this sector currently employs 200,000 workers and will offer tens of thousands of career opportunities over the next ten years. The jobs are more likely than others in NYC to be full-time and union-represented; workers tend to be non-white, male, and/or immigrants. Even in a globalizing economy, the sector is likely to [...]

The Effects of New York’s 2005 Increase in the Minimum Wage: A Preliminary Assessment

January 1, 2006. On January 1, 2006, the second step of a 3-step increase in New York State's minimum wage (from $6 an hour to $6.75 an hour) takes effect. Opponents of the minimum wage are again arguing that such an increase will hurt the very workers that it is intended to help by resulting in a reduction in the number of jobs and work hours provided by low wage  employers.  But this preliminary assessment -of the impact of the first step of this phased [...]

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