Monthly Archives: June 2016

New York State Leads Nation in Income Inequality

June 16, 2016. In Income inequality in the US by state, metropolitan area, and county, a new report published by the Economic Policy Institute (EPI) for the Economic Analysis and Research Network (EARN), Mark Price, an economist at the Keystone Research Center in Harrisburg, PA and Estelle Sommeiller, a socio-economist at the Institute for Research in Economic and Social Sciences in Greater Paris, France detail the incomes of the top 1 percent and the bottom 99 percent by state, metropolitan area, and county. “Great income [...]

2025-04-04T14:27:27-04:00June 16th, 2016|Economic Trends & Policy, Labor Market & Workforce, Press Releases, Reports, Briefs and Presentations, Tax & Budget, Tax Policy|
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Analysis of Refugee Groups Provides Evidence of High Levels of Integration Across Indicators

June 16, 2016. The Fiscal Policy Institute and the Center for American Progress released a report that analyzes how four key refugee groups—Bosnians, Burmese, Hmong, and Somalis—in the United States are doing on key indicators of integration, such as wages, labor market participation, business ownership, English language ability, and citizenship. As the United States and other countries wrestle with how to handle the sharp rise in the number of people around the globe displaced by conflict and persecution, the long-term experiences of the four groups studied [...]

2024-12-18T12:26:59-05:00June 16th, 2016|Migration, Press Releases, Reports, Briefs and Presentations|
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Testimony: Proposed $15 Baltimore Minimum Wage

June 15, 2016.  In testimony before the Baltimore City Council, James Parrott, says it would be sound public policy for the City of Baltimore to phase in a $15 an hour minimum wage. Considerable compelling and economically sound research supports the conclusion that businesses can accommodate such an increase. A higher wage floor would generate significant cost savings due to reduced turnover and there is room for modest price increases to ease the adjustment without jeopardizing overall employment levels or profitability. Businesses of all sizes [...]

2024-12-18T12:26:59-05:00June 15th, 2016|Economic Trends & Policy, Labor Market & Workforce, Testimony|
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Heights of Privilege

June 2, 2016. The following article by James Parrott appeared in the Spring 2016 issue of The American Prospect magazine. If you want to learn about the latest manifestations of inequality in urban America, read the real-estate sections of newspapers and magazines and check out the photo spreads on luxury condos in new residential skyscrapers. The palatial size, lavish finishes, and breathtaking price tags of these properties are advertisements of our new Gilded Age. In the area immediately south of Central Park in Manhattan now known as [...]

2024-12-18T12:27:00-05:00June 2nd, 2016|City Budget, Economic Trends & Policy, Labor Market & Workforce, Letters, Tax & Budget, Tax Policy|
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