July 20, 2011. This report, the latest on “The State of Working NYC,” finds several crosscurrents in the first year after the job market bottomed out in NYC. Young workers (ages 16-21 and 22-27) gained in the recovery, contrary to the national trend of decreasing employment rates for these age groups. Unfortunately, older workers too bucked the trend: nationally they made small gains, but in NYC they fared worst of all age groups. While NYC’s job growth outpaced the… (read more)

February 1, 2011. A response to an editorial in the New York Post, which argued that New York’s extreme income polarization is not a problem.

January 18, 2011. An article by James Parrott, FPI’s deputy director and chief economist, who writes regularly for Gotham Gazette’s Economy section. Article >>

January 2, 2011. An op ed by Frank Mauro, Albany Times Union.

December 13, 2010. New data shows that extreme inequality restrains growth for most New Yorkers – polarization trends in New York City and New York State expose an economic fault line. A new report from FPI documents the pronounced concentration of income growth that has occurred in New York State and New York City since 1980 – the first time that state income tax data has been compiled to analyze trends since 1980 in income growth by various segments… (read more)

October 28, 2010. Testimony presented by James Parrott before the New York City Council Committee on Community Development.

September 27, 2010. An article by James Parrott, FPI’s deputy director and chief economist, who writes regularly for Gotham Gazette’s Economy section. Article >>

September 16, 2010. The Census Bureau today released state-level data showing that the poverty rate in New York State rose dramatically from 14.2 percent in 2008 to 15.8 percent in 2009. The number of New Yorkers in poverty jumped by 284,000 to a little over three million. Only once since 1980 – from 1989 to 1990 – has the poverty rate risen more than it did in 2009. The new data also show that 2009 brought a large increase… (read more)

September 5, 2010. While New York and the nation have begun to see some modest job growth, unemployment rates remain unacceptably high and recovery is not yet helping most New York workers. New York is hardly unique; from December 2007 through December 2009, the state lost 250,000 jobs, a 2.8 percent job decline. Forty states had even worse job performance over that period. Those with managerial/professional occupations are earning more in New York City, while those in non-managerial/non-professional occupations are… (read more)

July 11, 2010.  A letter to the editor by James Parrott, Crain’s New York Business.