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NYS Unemployment Factsheet for April

New York State’s April 2020 unemployment rate stood at 14.5 percent – up from 4.1 percent in March -and was the state’s largest recorded monthly increase since 1976 when the current record-keeping began. In the seven weeks between March 10 and April 25, 2020, New York State processed over 1.5 million initial unemployment insurance claims from residents, which represents more people than the entire population of the state of Maine. Look for more monthly factsheets covering unemployment in New York … (read more)

In Solidarity

The Fiscal Policy Institute stands in solidarity with protesters voicing outrage over the recent murders of George Floyd and Breonna Taylor, and the long history of violent abuse and killing of Black people at the hands of police in city after city, town after town, year after year.

Black lives matter. Yet the history of racism built into our society actively harms Black people. We must do better for our state and our nation.

In our research at the Fiscal … (read more)

Strengthen Medicaid and Protect Health Coverage for New Yorkers

May 20, 2020

This time last year, New York celebrated its lowest rate of residents without health insurance to date at 5 percent. A historic low that is a continuation of nearly a decade of decline in people who lack health insurance, this record-breaking success set New York apart from the national trend of rising uninsured rates.

The public health and economic crisis caused by the COVID-19 pandemic threatens past success in reducing the rate of the uninsured in New … (read more)

FPI Comments on Federal Reserve Action

April 17, 2020

Recently, the Federal Reserve took a welcome step forward for states struggling in the wake of the pandemic by creating a new way to lend money directly to states and municipalities.  Through the Municipal Liquidity Facility, New York and other states struggling with a sudden drop-off in much-needed revenue can now access the funds needed to cover essential services.

While this is helpful in the short-term, states will need to borrow until their revenues recover. And that … (read more)

Press Release: Spotlight on New York’s Essential Workers

April 8, 2020

Overlooked, Underpaid and Indispensible

Read the report: http://fiscalpolicy.org/wp-content/uploads/2020/04/Essential-Workers-Brief-Final.pdf

(Albany, NY) Today the Fiscal Policy Institute (FPI) released a new report spotlighting New York’s essential workers who are on the frontlines during the COVID-19 pandemic. According to the new analysis, there are 2.2 million “essential workers” in New York State. Twenty-two percent of these essential workers support their families on low incomes, with family incomes of less than 200 percent of the poverty level.

Statement from (read more)

Report: Spotlight on NY’s Essential Workers

The coronavirus crisis has put a new focus on “essential workers,”  people who are bringing deliveries to our homes, working in supermarkets and convenience stores, keeping the public transportation system functioning, providing social services and childcare, and working in the healthcare industry.

These essential workers have always played a critical role in keeping our communities running. At a time when many streets are eerily empty, however, we can see all the more clearly who is still out there making sure … (read more)

Reflections on the New York State Budget

For Immediate Release: April 4, 2020

Media Contact: Fern Whyland, Communications Director, whyland@fiscalpolicy.org, 315-436-0558 

 Reflections on the New York State Budget 

(Albany, NY) The process of crafting the FY 2020-2021 State Budget began with warnings of a dire budget shortfall and concluded with efforts to alleviate the fallout caused by an economy brought to a sudden standstill by a global pandemic. Throughout the budget process and the rising projections around revenue losses, FPI has called for public policies based

(read more)

NY’s Best Prescription? An Accurate Census Count

While the coronavirus is upending our daily lives, we must not let this public health crisis derail our state’s census participation. New York must have an accurate count because it will affect our lives for the next 10 years – including the resources our state has to combat the next health threat or climate crisis.

All New Yorkers should complete a census form – either by mail, phone, or online. More information on completing the census is available from the … (read more)

Federal and State Relief Should Help All: Immigrants Should Not Be Left Behind

During this time of crisis, the coronavirus pandemic, federal and state governments need to ensure that all of us, regardless of immigration status and the job we hold in society, are safe, healthy, and have access to critical services. No one should be left to struggle on their own during a global pandemic. As a society, we want to encourage everyone who is sick to stay home from work and have access to medical care if they need it. Now … (read more)

Investing in Refugees: New York Must Continue to Lead

The New York State Enhanced Services to Refugees Program began in 2017 as a remarkable response to the federal government’s retreat from refugee resettlement. New York did what no other state would: provide flexible state funds to support the state’s strong network of resettlement agencies through a difficult time, and help them reframe their focus on integration. New York State allocated $2 million for NYSESRP in fiscal years 2018, 2019, and 2020. Because of continued federal cuts in support for (read more)