Reports, briefs and presentations

Refugees as Employees: Good Retention, Strong Recruitment

May 22, 2018.

Employers that hire refugees see positive outcomes for their businesses, according to a report released today by the Fiscal Policy Institute and the Tent Partnership for Refugees. The study, based on over 100 interviews in four regions of the country, finds that when employers hire refugees they see lower turnover rates among refugees, and widen their pool of potential employees. In addition, many see overall improvements in the company, with their managers becoming more versatile as they … (read more)

New York’s Rent Affordability Crisis Hits Families of Color the Hardest

The United States and New York are in the midst of an affordable housing crisis. Nearly 11 million American households pay over half of their income in rent despite the fact that the Department of Housing and Urban Development (HUD) defines “affordable housing” as housing costing below 30 percent of a family’s income for rent. If a family pays more than 30 percent of their income on rent, they are considered “rent burdened.”

In New York State, the affordable housing … (read more)

NYS Tax Reform for Fiscal 2019 – Let’s Take Our Time and Get It Right

Jonas J.N. Shaende, PhD, Fiscal Policy Institute

March 26, 2018

Governor Cuomo released his 30-day amendments to the Executive Budget where he outlined his plan for the state’s tax system redesign in response to the tax changes at the federal level. The state legislature – both the Assembly and the Senate – reviewed the plan and supplied their respective amendments to the Executive Budget proposal.

The direction taken by the governor is a good one, however, the set of solutions … (read more)

2018 State Budget Briefing in NYC

On Wednesday morning, February 28, 2018, the Fiscal Policy Institute will present its 28th annual budget briefing, co-sponsored by the Community Service Society, 633 Third Avenue – the forum will be held on the 16th floor in the Retro Report conference room. Light refreshments and check-in will begin at 9:00 a.m. Our presentation begins at 9:20 a.m. and ends at 10:30 a.m. We hope that you and/or your colleagues will be able to join us for what we are … (read more)

New York State Economic and Fiscal Outlook FY 2019

February 15, 2018. In its 28th annual New York State budget briefing book, the Fiscal Policy Institute analyzes and comments on Governor Andrew Cuomo’s FY 2019 Executive Budget.

The Trump Administration’s tax law, looming federal budget cuts, multi-billion-dollar state budget deficits, glaring unmet human and physical infrastructure needs throughout the state…this year’s New York State budget negotiations are taking shape against a worrisome and uncertain backdrop. The president and congress are threatening to dismantle decades-old federal entitlement programs, make … (read more)

Join us for FPI’s FY 2019 Budget Briefing on February 13th

On Tuesday morning, February 13, 2018, the Fiscal Policy Institute will present its 28th annual budget briefing in Meeting Room 7 of the Empire State Plaza Convention Center. A complimentary breakfast and check-in will begin at 8:30 a.m. Our presentation begins at 9:00 a.m. and ends at 10:15 a.m. We hope that you and/or your colleagues will be able to join us for what we are confident will be a useful and informative session. You can RSVP online here(read more)

Dream Act Would Boost NY Economy and Tax Revenues: Revoking DACA Hurts Both

Dream Act Would Boost NY Economy and Tax Revenues Revoking DACA Hurts Both

 

The Dream Act would allow immigrants in New York to contribute more fully to the state economy, boosting longterm state’s $1.5 trillion GDP by at least $1.8 billion a year, and increasing state and local tax revenues in New York by $62 million, according to a report released today by the Fiscal Policy Institute that draws on analyses from the Center for American Progress and … (read more)

A Constitutional Convention – A Risk NOT Worth Taking

A Constitutional Convention – A Risk NOT Worth Taking

Ron Deutsch, Fiscal Policy Institute

The New York Constitution articulates the legal rights of New Yorkers, and in many vital areas, provides our residents more protections than the U.S. Constitution. A Constitutional Convention is an expensive, complicated and potentially dangerous undertaking that is unnecessary because we already have a more rigorous and more democratic process by which the voters can adopt or reject individual amendments to the State Constitution on their … (read more)

New York’s Public Colleges: An Engine for Economic Mobility

August 23, 2017

Brent Kramer, PhD, Senior Economist

kramer@fiscalpolicy.org

 

Public Colleges Lift Low-Income Students Into the Middle Class Investing in Public Colleges Essential to Boost Economic Mobility

Earning a four-year college degree is now considered essential for achieving a “middle-class” lifestyle, even as many new graduates have trouble landing good, full-time jobs in a weak labor market. Despite the weak labor market, graduates still have better chances of finding good jobs than do their peers without degrees.

The Fiscal … (read more)

Uphill Employment Battle for New York’s Recent College Graduates

Brent Kramer, PhD, Senior Economist

Kramer@fiscalpolicy.org
August 3, 2017

 

ALBANY, New York – In today’s post-Great Recession environment, student loan debt has reached all-time highs, and more young adults are living at home longer, and are unable to purchase homes, cars, and other assets because of persistent unemployment or underemployment. Many young would-be workers are forgoing the job market altogether, and returning to school or taking unpaid internships in hopes of breaking into their respective fields.

Eight years after … (read more)