2014

Mayor de Blasio Can Make Lasting Change with Nonprofit Living Wages and Career Opportunities

December 16, 2014. In recent years, there have been increased conversations at both the City and State level to address growing wage inequality through the provision of a living wage. However, one important segment of the workforce historically has been left out of these conversations– nonprofit employees. This op-ed by Jennifer Jones-Austin, CEO/Executive Director, Federation of Protestant Welfare Agencies and James Parrott, Deputy Director and Chief Economist, Fiscal Policy Institute describes how the Social Services Career Ladder project will address … (read more)

Wage Standards are Key to Reversing the Erosion of Wages and Living Standards in New York City

December 16, 2014. Despite considerable growth in the New York City economy over the past two decades, very little of that growth has trickled down to the average worker and his or her family, according to our new report. Wage standards like the minimum wage and the living wage are critical in ensuring that there is a floor under the job market and that workers are adequately paid. Prevailing wage standards, however, are a key means to ensure that … (read more)

The Shale Tipping Point: The Relationship of Shale Drilling to Crime, Traffic Fatalities, Sexually Transmitted Diseases, and Rents in Pennsylvania, West Virginia, and Ohio

December 14, 2014. A report completed by a research team of the Multi-State Shale Research Collaborative found a clear relationship between the density of shale well drilling activity and increases in crime, rents, traffic fatalities and sexually transmitted diseases (STDs). These key “quality of life” issues had been identified in prior work by the Collaborative and in the work of others as having a potential relationship with intensive extractive industry “booms.”

To examine this relationship, the Pennsylvania research team divided … (read more)

42% of NYC residents don’t have enough income to cover the basic necessities of a Self-Sufficiency budget, according to a new report.

December 2, 2014. According to the new 2014 edition of the Self-Sufficiency Standard for NYC, released today by the Women’s Center for Education and Career Advancement at a forum at the New School, the cost of a basic family budget in New York City has increased by 45% since 2000 while the median earnings of adults increased by only 17% over the past 14 years. The report, Overlooked and Undercounted: the Struggle to Make Ends Meet in New York City(read more)

President’s Immigration Action Expected to Benefit Economy

November 21, 2014. In response to President Obama’s announcement that he will use the power of the executive office to shield about 5 million people from deportation and give them authorization to work, the Fiscal Policy Institute has prepared answers to the following questions.

What are the economic implications of administrative relief?

The Fiscal Policy Institute expects a 5 to 10 percent increase in wages for the roughly 5 million workers expected to be eligible for legal work status. A … (read more)

Fiscal Policy Institute Names Ron Deutsch as Interim Executive Director

November 17, 2014. The Board of Directors of the Fiscal Policy Institute announced today that it has appointed Albany veteran Ron Deutsch as Interim Executive Director effective immediately.

After a year of dedicated service, Dr. Frederick G. Floss has decided to return to his position as professor of economics and finance at Buffalo State College but will continue to work with the organization as a Senior Fellow.

“Income inequality and tax fairness will be two of the most important issues … (read more)

Economic and fiscal impacts of proposed consolidations involving 5 postal facilities

November 10, 2014.  The American Postal Workers Union asked FPI to estimate the net economic and fiscal impacts of proposed consolidations involving five postal facilities around the country. The proposed consolidations were part of a nationwide “cost-savings” plan that would have further slowed mail delivery times. One of these involved a proposal to downsize sorting operations at the mail processing center in Newburgh, New York, in the lower Hudson Valley and to consolidate these operations at the Albany processing … (read more)

Should Nonprofits Be Mandated to Pay Living Wages?

November 5, 2014. James Parrott was a panelist for the Philanthropy New York program “”Should Nonprofits Be Mandated to Pay Living Wages, and What is Philanthropy’s Role?”. A live recording and a PDF of the presentation is available here.… (read more)

Existing New York City Wage Standards

November 4, 2014. This fact sheet provides an overview of New York City’s existing wage standards–including minimum wage, living wage, and prevailing wage.… (read more)

NYC Median Family Income Up for First Time since Great Recession

October 15, 2014. After five years of decline, median family income in New York City rose by 3.5 percent between 2012 and 2013 in inflation-adjusted terms, according to recently-published Census data.[1] This compares with increases of 0.9 percent at the national level and 1.6 percent for all of New York State, including the city.

While the city’s increase far surpassed the nation’s and state’s, median family income in the city was still 5.2 percent lower in 2013 than it … (read more)