Monthly Archives: July 2012

The Consolidated Edison Lockout: FPI Testimony

July 25, 2012. Testimony presented to the New York Assembly Standing Committees on Labor, Energy and Corporations, Authorities and Commissions. In sum: Con Ed's lockout of its skilled workforce is unnecessarily putting the people of New York City and Westchester County at risk of serious electric, gas and steam outages. Con Ed's actions jeopardize the incomes of thousands of hourly-paid workers and the business activity and viability of small businesses throughout the regional economy. Given the slow recovery from the Great Recession of 2008-2009, we [...]

2020-11-13T14:48:30-05:00July 25th, 2012|Economic Outlook, Economic Trends & Policy, Labor Market & Workforce, Testimony|
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Hudson Yards and New York’s love-hate relationship with Mayor Bloomberg

July 18, 2012. A story by Joan Gralla, Reuters Macroscope. Critics say the developers - The Related Companies and Oxford Properties Group Inc - should not be tapping taxpayers' wallets, but should instead be relying on their own deep pockets. Argues James Parrott, chief economist for the Fiscal Policy Institute, a nonpartisan think tank whose funding comes primarily from foundations but which also gets some support from unions: "This represents the culmination in the evolution over the past 30 years of city business subsidies, first [...]

2012-07-20T14:13:20-04:00July 18th, 2012|FPI in the News|
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‘Day of Action’ for workers

July 16, 2012. An article by Lisa Colangelo, New York Daily News. James Parrott of the Fiscal Policy Institute used some stark statistics to paint a picture of low-wage New York. The number of New Yorkers making less than $10 an hour jumped from 16.4% in 1990 to 18.5% in 2010. But when you take into account the size of the city’s workforce, the number of workers making less than $10 an hour increased by 42%, Parrott said. ... While higher-wage jobs have been disappearing, [...]

2012-07-22T15:49:22-04:00July 16th, 2012|FPI in the News|
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FPI’s immigration research cited: The White House Blog

July 12, 2012. Blogging from the White House, Jason Furman and Danielle Gray of the National Economic Council mention FPI's June 2012 report on immigrant small business owners in their post Ten Ways Immigrants Help Build and Strengthen Our Economy. America is a nation of immigrants. Our American journey and our success would simply not be possible without the generations of immigrants who have come to our shores from every corner of the globe. It is helpful to take a moment to reflect on the [...]

2012-08-14T19:18:27-04:00July 12th, 2012|Blog, Migration, Must Read|
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Immigrants and Small Business

July 1, 2012. An editorial from the New York Times. Excerpt: Immigrants are known as entrepreneurial people, for obvious reasons: those with the ambition and energy to uproot themselves and build new lives in a distant land are well equipped to build businesses and the economy, too. That is the common wisdom, anyway, which a new study from the Fiscal Policy Institute strikingly confirms. The study, based on census data, looks at owners of small businesses across the country and paints a broad and detailed [...]

2012-07-01T10:43:44-04:00July 1st, 2012|FPI in the News|
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