New Analysis of Subsidized Projects Finds Low Wages Common: City subsidies exceed $2 billion annually

March 8, 2011. A report from FPI, Good Jobs New York and the National Employment Law Project examines the low wages typically paid for many of the permanent jobs at city-subsidized economic development projects such as Bronx Gateway Mall, Fresh Direct and Yankee Stadium. An update of analysis originally conducted last May, the study finds that significant numbers of low-wage jobs are being created with New York City tax dollars, jobs for which starting pay is as low as the minimum wage and for which annual earnings often do not even break the $20,000 mark. Press release and full report.