State of Working New York 2011, Part II: Great Recession takes a $31 billion toll on New Yorkers

November 29, 2011. New data show that New York families face smaller incomes, fewer opportunities, more hardship. The Fiscal Policy Institute’s 2011 annual edition of the State of Working New York examines how bad the Great Recession and the not-so-great “recovery” have been for the wages and incomes of typical New Yorkers. Of the 504,000 jobs lost, 80 percent are wage and salary positions, and about 20 percent represent fledgling businesses that haven’t been started because of the difficult economic climate. Median household incomes in New York State fell by 3.2 percent from 2007 to 2010, and weekly earnings have fallen for New York workers in the bottom half of the pay spectrum. Press release >> and full report >>

Also see the State of Working New York, Part I, which shows that two years into the “recovery,” one in seven New Yorkers is out of work.

Testimony on the Living Wage before the New York City Council Committee on Contracts

November 22, 2011. FPI’s James A. Parrott delivered testimony detailing the following points: There is no evidence from other cities to show that living wage ordinances are harmful either for workers directly affected or for the broader local economies. The Charles River Study is seriously flawed in both its labor market and its real estate analyses, and should not be used to inform decisions on this issue. The City should return to the question of how its considerable economic development resources can be used to create better jobs – and help raise wages and living standards. The result of rent negotiation should be acceptable to tenants (often, the largest employers affected by the living wage requirement) and realize a reasonable profit for the landlord (often, the beneficiary of subsidies or land use changes).

Advocating Across Borders: Immigrants, Businesses & the Economy

November 17, 2011, Central Islip. A discussion about how immigrants affect the Long Island economy, public policy issues, and how businesses can advocate for the rights of immigrants and deal with immigration regulations. Featured speakers: Patrick Young, Esq. (Central American Refugee Center), David Dyssegaard Kallick (FPI), and Eric Horn, Esq. Co-sponsored by the New York Civil Liberties Union of Suffolk and Nassau Counties, Long Island Wins, Central American Refugee Center, Fiscal Policy Institute, American Immigration Lawyers Association.

Tax reformers ready to fight, criticize cap

November 15, 2011. An article by Meghan E. Murphy, Middletown Times Herald-Record.

Tax cap opponents shift tactics

November 14, 2011. They call for “circuit breaker” that would shift how schools, governments are funded. An article by Rick Karlin, Albany Times Union.

%d bloggers like this: