Labor markets

NYS employment and unemployment data: Is there a disconnect?

November 1, 2012. For the past year, the conflicting trends exhibited by employment and unemployment data for NYS (and its major sub-areas including NYC) have confused analysts and have made it unusually difficult to get a clear reading on the state’s economy. Payroll employment has generally shown a rising trend, more or less in line with the national job recovery over the past two years. However, in New York State, unemployment has also been rising, and by more than can … (read more)

The Applied Sciences NYC Initiative: FPI Testimony

September 28, 2012. In testimony submitted to the New York City Council Committees on Economic Development, Higher Education and Technology, James A. Parrott, FPI’s Deputy Director and Chief Economist, concluded that the “Applied Sciences NYC Initiative” represents an important step in diversifying the New York City economy.  According to Parrott, this initiative, which includes the plan for the development by Cornell and Technion Universities of a new engineering campus on Roosevelt Island, as well as projects involving NYU … (read more)

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 … (read more)

Brooklyn Labor Market Review – Fall 2011

September 26, 2011. Prepared by FPI for the Brooklyn Chamber of Commerce, the latest issue of the BLMR finds that Brooklyn led all boroughs in job creation and in new firm creation over the last decade. During this period, Brooklyn added 50,000 jobs while the while New York City as a whole lost 16,000. The borough added not only hundreds of restaurants and retail shops but also health care, business and professional service companies.… (read more)

Brooklyn Labor Market Review – Spring 2011

June 22, 2011. Prepared by FPI  for the Brooklyn Chamber of Commerce, the latest issue of the BLMR looks at immigrant entrepreneurs in Brooklyn by sector. The report finds that there are nearly 14,500 Brooklyn immigrant small businesses across a range of sectors from construction to restaurants, grocery stores, child care services and doctors’ offices. … (read more)

Issue Spotlight: Pensions

May 9, 2011. A brief prepared statement from FPI’s Frank Mauro, who was part of a forum on public sector pensions. The Capitol.… (read more)

Brooklyn Labor Market Review – Winter 2011

January 10, 2011. This study commissioned by the Brooklyn Chamber of Commerce shows that the borough was a leader citywide in job creation despite the ongoing recession. The diversity of Brooklyn’s economy coupled with growth in healthcare, retail, food service, professional services and administrative sectors helped the borough remain stable in 2009 and gain jobs in 2010. Employment growth surpassed projections. Report >>(read more)

True/False: Public Employees Have Too Many Benefits

September 21, 2010. In this installment of “Wonk Wars,” FPI’s James Parrott discusses labor compensation with the Manhattan Institute’s Steve Malanga. On the web >> and on the air >>(read more)

Brooklyn Labor Market Review – Fall 2009

September 24, 2009. Commissioned by the Brooklyn Chamber of Commerce, this review finds that the devastating blow dealt to New York City by the current recession has been less painful to Brooklyn. American Recovery and Reinvestment Act (ARRA) dollars are having an impact in the borough, and Brooklyn has experienced job growth in some sectors in spite of losses citywide. Read the report >>(read more)

NYC nonprofit sector the largest private employer: A vital part of the safety net, source of jobs for minorities

April 7, 2009. In New York City, nonprofits – health and human services and cultural organizations – employ nearly 500,000 workers, just over 15 percent of the total. The nonprofit sector includes hospitals, human service providers and arts organizations. How nonprofits fare in times of economic stress matters to all New Yorkers.

This report, written at the request of the Deputy Mayor for Health and Human Services, shows that the sector is growing, having added more than 50,000 jobs 2000-2007, … (read more)