New York State economy

State of Working New York 2005: New Yorker Workers Treading Water in a Tenuous Recovery

September 4, 2005. Gains of growth go to corporate profits and high-wage earners, while the middle class shrinks. The tenuous economic recovery of the past two years has been characterized by such weak wage growth that most of New York’s working families have been left treading water, according to the latest edition of the State of Working New York.  FPI’s State of Working New York series, published biennially since 1999, provides comprehensive and up-to-date analysis of the data available … (read more)

Immigrants and the New York City Labor Force

February 15, 2005. Testimony presented at New York City Council Immigration Committee Hearing. Read the testimony.(read more)

State of Working New York 2004: Recovery Yet to Arrive for Many New York Workers and Their Families

September 6, 2004. The U.S. job market overall is still too weak to broadly distribute the benefits of the growing economy. The slack labor market has led to a situation in which wages have started to fall behind inflation. Press release with New York figures below or link to press release with tables and graphs.

FPI’s State of Working New York series, published biennially since 1999, provides comprehensive and up-to-date analysis of the data available on the conditions … (read more)

New York is outpacing the nation in job growth but …

December 31, 2003. This economic update shows that the current national recovery is creating jobs at an unprecedented low rate.… (read more)

Revitalizing the Cities of Upstate New York

October 29, 2003. Testimony presented by Lava Thimmayya to the Assembly Standing Committee on Cities, Public Hearing on The Tools Necessary to Revitalize the Cities of New York.… (read more)

State of Working New York 2003: Unbalanced Regional Economies through Expansion and Recession

September 18, 2003. Recovery may be finally beginning, but will be hard and slow. As of the fall of 2003, New York workers still face an economy weakened by the combined effects of a national recession, the bursting of the Wall Street and dot-com bubbles, and the economic devastation wrought by the September 11, 2001, attack on the World Trade Center. These factors have combined to make the rate of job loss over the last two-and-a-half years much greater in … (read more)

Testimony at the Legislature’s Joint Budget Hearing on Taxes and Economic Development

February 26, 2003. Presented by FPI’s Frank Mauro. Testimony >>(read more)

State of Working New York 2002: A Weakened Economy

September 1, 2002:  This report provides the latest data on how New York state’s workers and their families are faring during the current recession. It also examines the progress made during the period of economic expansion that New York enjoyed before the current recession hit our state at the beginning of 2001, compares New York’s situation with other states and with the nation as a whole; and, examines variations within New York State.

This Labor Day, New York’s workers face … (read more)

State of Working New York 2001: Working Harder, Growing Apart

September 2, 2001. The decade of boom was a bust for most New York workers and their families. Although the state’s economy grew, average New York families’ living standards are lower than in 1989, despite working more hours to make ends meet. Press release below.

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State of Working New York 2000: Still Waiting for Prosperity

September 2, 2000. FPI’s Labor Day 2000 report: New York’s working families are still waiting for prosperity. Wage and income gains lag for most New Yorkers.

“While workers in most of the nation are experiencing strong wage and income growth, the situation facing New York’s working men and women is improving at a snail’s pace,” said Frank Mauro, executive director of the Fiscal Policy Institute.  Mauro’s comments were … (read more)