July 17, 2014. David Neumark’s piece in the July 6 Wall Street Journal (“Who Really Gets the Minimum Wage?”) argues that because some low-wage earners are in high-income families, increasing the minimum wage isn’t a very effective way to reduce poverty. In particular, he cites research to the effect that “if we were to raise the minimum wage to $10.10 nationally, 18% of the benefits of the higher wages (holding employment fixed) would go to poor families [but] 29% would… (read more)
Economic Security & Opportunity
June 17, 2014. The New York City Central Labor Council and the Schwartz Center for Economic Policy Analysis at The New School sponsored a June 17 conference, Confronting New York City’s Retirement Crisis. FPI’s James Parrott made one of the opening presentations at the conference. Other speakers included State Comptroller Thomas DiNapoli, New York City Comptroller Scott Stringer, and New York City Public Advocate Letitia James, as well as leading labor union officials, union pension experts, and academic and… (read more)
June 5, 2014. In this report, FPI estimates costs for increasing workers’ weekly wages during temporary disability leaves and extending those benefits to family leaves under proposed legislation in the Assembly and Senate.
As an increasing number of women and mothers participate in the workforce, federal and state laws and policies have not met the needs of both male and female workers who must balance taking care of themselves and their families with the responsibilities of work. Under Temporary… (read more)
May 20, 2014. It comes as no surprise to working families that New York State’s tax system is fundamentally unfair. Low- and middle-income workers pay, on average, a much higher share of their income in state and local taxes than the highest income earners. According to analysis by the Washington, D.C.-based Institute on Taxation and Economic Policy, the 40% of New York’s tax filers with the lowest incomes pay at least 10% of their income in state and local taxes… (read more)
February 11, 2014. James Parrott testified before the New York City Council Education and Women’s Issues Committees on Feb. 11, 2014, on the subject of Mayor deBlasio’s Universal Pre-Kindergarten and After-School Proposals. Parrott supported the notion that there should be a dedicated funding stream to pay for these proposals financed by an increase in the top rate on the City’s personal income tax. He examined the proposed increase in historical perspective, reviewed the issue of migration in response to… (read more)
Testimony at the Joint Legislative Public Hearing on the 2014-2015 Executive Budget Proposal – Human Services
February 4, 2014. Submitted by Carolyn Boldiston, FPI’s Senior Fiscal Policy Analyst. Testimony includes: recommendations for the 2014-2015 state fiscal year; review of actual and proposed reductions in human services spending; use of federal Temporary Assistance for Needy Families (TANF) funding in the 2014-2015 Executive Budget; and, the impact of decline in the purchasing power of the monthly cash assistance grant.
November 1, 2013. Beginning today, almost 3.2 million people in New York will see their food assistance benefits cut as the federal government ends a temporary boost to the Supplemental Nutrition Assistance Program (SNAP). The New Yorkers affected by this cut—in what used to be known as the “food stamps” program—include more than 1.2 million children and over 1 million elderly and disabled individuals. Overall, New York residents will receive $332 million less in SNAP benefits in the 11 months… (read more)
October 16, 2013. Fast food jobs are by far the biggest source of job growth in New York State and New York City in this recovery and over the past decade. But, with a median hourly pay of only $8.90 an hour in NYC, this growth in fast food jobs is one of the reasons that poverty has risen sharply during the recovery.
NYC has a record number of working poor—one out of every 10 workers in NYC works,… (read more)
September 19, 2013. The percentage of New Yorkers without health insurance dropped for the second year in a row from 12.2 percent in 2011 to 11.3 percent in 2012 (+/- .5 percent) according to estimates released by the Census Bureau two days ago. Overall, the number of people without health care coverage across the state dropped to approximately 2.2 million people in 2012.
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.