Monthly Archives: August 2013

State of Working New York 2013: Workers Are Paying a High Price for Persistent Unemployment

August 28, 2013. New York workers are paying a high price for persistent unemployment four years into the weakest recovery since the Great Depression, according to the Fiscal Policy Institute’s (FPI) 2013 edition of The State of Working New York. The report notes that in addition to lost job opportunities and health benefits, New York workers are suffering from prolonged periods of joblessness, and high rates of underemployment (or “hidden unemployment”), reflecting more discouraged workers who have given up looking for work. Moreover, out-of-work New [...]

Investing in education will build a stronger New York economy

August 22, 2013. The best way for New York State to grow its economy is by expanding investment in a well-educated workforce, according to a new study published by Economic Policy Institute for the Economic Analysis and Research Network (EARN). EARN is a network of 61 state and local economic think tanks and 25 national partners founded by the Economic Policy Institute and several other state and national groups, including the Fiscal Policy Institute. In A Well Educated Workforce is Key to State Prosperity, Noah [...]

The Next NYC Mayor’s Biggest Economic Challenge: Promoting Equitable Growth

August 12, 2013. “Promoting Equitable Growth” was the answer FPI’s James Parrott gave to the question, “What is the biggest economic challenge facing the next mayor of New York City?” Parrott’s response appeared recently in The New York Times’ “Room for Debate” on-line feature. Noting that income polarization is “America’s greatest challenge,” Parrott proposed that “The next mayor needs to infuse a growth agenda with recognition that more New Yorkers should share in the prosperity that results when individual efforts are combined with socially created [...]

Go to Top