October 28, 2010. Testimony presented by James Parrott before the New York City Council Committee on Community Development.
October 27, 2010. City policymakers deserve the benefit of a rigorous study that looks at the actual costs and benefits of extending living wage standards to subsidized development projects. This brief looks at the track record of the lead economist, David Neumark, for the management consulting firm selected by the New York City Economic Development Corporation to conduct a study of the possible economic impact of wage requirements on projects subsidized by the City. The brief examines the extensive criticism of Neumark's past labor market [...]
October 22, 2010. A new report from the U.S. Department of Labor shows that from the start of the national recession through September 2010, New York's 3.3 percent total job loss ranked it 39th among all states. New Yorkers have certainly not been spared the recession's devastating effects; however, New York was hit less hard than most parts of the country. Still, there were 800,000 New Yorkers officially unemployed in September, a number nearly 75 percent higher than when the recession began in New York [...]
October 8, 2010. FPI presented its Frances Perkins Working People's award to Nobel economist Joseph Stiglitz at an event in Manhattan on October 7. In his acceptance remarks, Stiglitz made a strong case for additional economic stimulus to put the country firmly on the road to recovery. A good summary of Stiglitz's remarks by Kathy Brady of the New York City Employment and Training Coalition is available in the October 8 edition of NYCETC's newsletter, the NYC Workforce Weekly. Article >>