Yearly Archives: 2010

Statement from James Parrott on the National Bureau of Economic Research Announcement on the Business Cycle

September 20, 2010. Most New York workers remain mired in a high unemployment, unacceptably slow recovery, despite today's announcement by the NBER that the national recession bottomed out in June 2009, 15 months ago. By the most optimistic projections, three to four years of faster job growth are required to bring the unemployment rate back down to the pre-recession. More forceful economic stimulus measures must be applied to prevent this Great Recession from turning into another Great Depression. Statement >>

2020-11-13T14:50:33-05:00September 20th, 2010|Economic Outlook, Economic Trends & Policy, Press Releases|
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Extension of the TANF Emergency Contingency Fund is Essential to Bringing More Jobs and Needed Financial Support to New York State

September 17, 2010. The very tight budget situations that state and local governments continue to face may force them to reduce or eliminate services for needy families. This brief shows that an extension of the TANF Emergency Contingency Fund will help New York and the other states to continue their safety net programs without ravaging other parts of their budgets.

2020-11-13T15:12:43-05:00September 17th, 2010|Reports, Briefs and Presentations, Social Policy|
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Poverty on the Rise in New York and Nation in 2009: Federal Assistance Lessened Recession’s Impact

September 16, 2010. The Census Bureau today released state-level data showing that the poverty rate in New York State rose dramatically from 14.2 percent in 2008 to 15.8 percent in 2009. The number of New Yorkers in poverty jumped by 284,000 to a little over three million. Only once since 1980 - from 1989 to 1990 - has the poverty rate risen more than it did in 2009. The new data also show that 2009 brought a large increase in the national poverty rate, which [...]

2020-11-13T14:42:46-05:00September 16th, 2010|Economic Outlook, Economic Trends & Policy, Labor Market & Workforce, Press Releases|
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State of Working New York 2010: New York starting to see job growth but not yet recovery

September 5, 2010. While New York and the nation have begun to see some modest job growth, unemployment rates remain unacceptably high and recovery is not yet helping most New York workers. New York is hardly unique; from December 2007 through December 2009, the state lost 250,000 jobs, a 2.8 percent job decline. Forty states had even worse job performance over that period. Those with managerial/professional occupations are earning more in New York City, while those in non-managerial/non-professional occupations are earning less. Both groups are [...]

2020-11-13T14:50:33-05:00September 5th, 2010|Economic Outlook, Economic Trends & Policy, Labor Market & Workforce, Press Releases, Reports, Briefs and Presentations|
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New York City Immigrants in the Great Recession

August 2, 2010. How are immigrants faring in the economic downturn? Data released by FPI shows that immigrants, who make up nearly half of the New York City labor force, have an unemployment rate that is slightly lower than for U.S.-born workers. First, immigration is sensitive to labor market demand, so when there are fewer jobs, immigration slows. Second, lacking a safety net, immigrants are more likely to work at whatever jobs they can get. U.S.-born workers may have the resources to search longer for [...]

2020-11-13T14:42:46-05:00August 2nd, 2010|Economic Outlook, Economic Trends & Policy, Migration, Press Releases, Reports, Briefs and Presentations|
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New York Not-for-Profits Fighting Governor’s Vetoes

July 27, 2010. Governor Paterson's vetoes eliminated funds for the 2010 fiscal year and previous years - funds that had been promised by legislators to not-for-profits for a variety of critical services and needed programs in local communities throughout the state. Albany press conference: FPI's Frank Mauro and Ron Deutsch of New Yorkers for Fiscal Fairness were among the speakers. Sponsored by the New York AIDS Coalition, New York State Catholic Conference, New York State Community Action Association, New York Library Association, New York State [...]

2020-11-13T15:09:27-05:00July 27th, 2010|Blog, Economic Outlook, Economic Trends & Policy, Social Policy, State Budget, Tax & Budget|
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Measuring New York City’s Wage Adequacy

July 8, 2010. FPI's Michele Mattingly blogs in the Huffington Post, pointing to "a stark future for the city if most of its largest occupations do not pay median wages that allow an adult employed full-time to meet basic needs, let alone to support a family ... too many of New York's jobs simply do not pay enough for workers to raise themselves and their families to a modest standard of living."

2020-11-13T14:28:00-05:00July 8th, 2010|Economic Trends & Policy, Labor Market & Workforce, Letters|
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Testimony by David Dyssegaard Kallick: The relationship between immigration and economic growth

June 30, 2010. Senior fellow David Dyssegaard Kallick testified at a public hearing held by the National Commission on Fiscal Responsibility and Reform to hear ideas from members of the public. He testified about the relationship between immigration and economic growth and about the importance of federal support for state and local governments. Read the testimony.

2012-02-23T21:55:50-05:00June 30th, 2010|Migration, Tax & Budget, Testimony|
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The Self Sufficiency Standard for New York

June 29, 2010. As New York recovers from the current recession, long-term economic prosperity will require responsible planning that puts all New Yorkers on the path to self-sufficiency. What does it take to make ends meet in New York without public or private assistance? How can we measure income adequacy? The Self-Sufficiency Standard published here answers these questions, using the best tools available to set out practical levels of economic security for New York families and individuals. The Self-Sufficiency Standard defines the income needed to [...]

2020-11-13T14:28:00-05:00June 29th, 2010|Economic Trends & Policy, Labor Market & Workforce, Press Releases, Reports, Briefs and Presentations|
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Groups Call Upon Schumer and Gillibrand to Restore Medicaid and COBRA Health Insurance Funding

June 8, 2010. This press release from coalition partners highlights FPI's analysis of the impact on New York State and New York City of a 6-month extension of the American Recovery and Reinvestment Act's increased share of state Medicaid costs. The groups also call for extension of ARRA's assistance with COBRA premiums.

2020-11-13T15:06:55-05:00June 8th, 2010|Blog, Healthcare, Social Policy, Tax & Budget|
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