Reports, Briefs and Presentations

FPI on New York’s 2013-14 State Budget

February 12, 2013. We have updated the Economic and Fiscal Outlook 2013-2014 briefing book that was originally released at FPI’s 23rd annual budget briefing on January 29, and submitted testimony by Carolyn Boldiston on the implications for Human Services of the Governor’s 2013-2014 Executive Budget and testimony by Frank Mauro on Tax Issues related to the Legislature’s consideration of the Executive Budget. We have also completed an analysis, with the New York Women's Foundation, of the impact of the Governor's budget on women, children and [...]

Coalition and lawmakers call on Governor, Legislature to close corporate tax loopholes to level playing field for small business and restore public services

January 30, 2013. As part of a coalition of community, labor, faith, student and Occupy organizations, the Fiscal Policy Institute has launched a campaign to bring fairness and transparency to New York’s corporate tax system, ending costly loopholes that cost taxpayers and businesses dearly. The coalition is calling on Governor Cuomo and the Legislature to close a series of unfair corporate tax loopholes, raising nearly $1billion for this year’s state budget and leveling the playing field between large out-of-state multinational corporations and New York based [...]

Raising New York’s Minimum Wage: The Economic Benefits and Demographic Impact of Increasing New York’s Minimum Wage to $8.75 per Hour

January 28, 2013. A minimum wage increase included in Governor Cuomo’s budget proposal, released last Tuesday, would raise the paychecks of over 1.5 million low-paid New Yorkers, according to a new report from the Fiscal Policy Institute and the National Employment Law Project. The Governor’s proposal would raise the state’s minimum wage from $7.25 to $8.75 per hour on July 1, 2013, and the increased wages would generate more than $1 billion in new consumer spending, supporting the creation of 7,300 new full-time jobs across [...]

Brooklyn Labor Market Review – Winter 2012

December 20, 2012. Prepared by FPI  for the  Brooklyn Chamber of Commerce, the latest issue of the BLMR looks at Brooklyn's food chain including specialty food manufacturing, restaurants, and gourmet food stores. The report finds that when you look at the entire Brooklyn food chain—starting with food manufacturing and wholesale distribution, and including grocery stores, specialty food stores, restaurants and coffee shops—nearly 59,000 people are employed in 7,800 businesses. Thus, the food chain accounts for 16 percent of the 49,000 businesses in Brooklyn, and 12.5 percent of [...]

Deep in the trenches: understanding the dynamics of New York City’s front line workforce development staff

December 7, 2012. Recognition of the crucial role played by front line workforce development workers led Workforce Professionals Training Institute and the Fiscal Policy Institute to undertake a study of this profession in New York City. The objective was to analyze the current state of these jobs and the workers who hold them, with a particular emphasis on issues such as job satisfaction, training, and advancement opportunities, for the purpose of improving the quality of outcomes that workforce professionals are responsible for delivering. The report [...]

Pulling apart: The continuing impact of income polarization in New York State

November 15, 2012. A new report from the Fiscal Policy Institute shows that various income measures all point toward the same conclusions:  In recent years, polarization has intensified; and New York has been one of the national leaders in this undesirable trend. The top one percent share of income dipped during the recession, but has started to rise again in the recovery. Further, no state is more polarized than New York and no large city is more polarized than New York City, (using the broadest measure of income polarization, [...]

NYS employment and unemployment data: Is there a disconnect?

November 1, 2012. For the past year, the conflicting trends exhibited by employment and unemployment data for NYS (and its major sub-areas including NYC) have confused analysts and have made it unusually difficult to get a clear reading on the state’s economy. Payroll employment has generally shown a rising trend, more or less in line with the national job recovery over the past two years. However, in New York State, unemployment has also been rising, and by more than can be explained by people returning [...]

Employment Patterns in NYC’s Low-Income Neighborhoods

September 12, 2012. James Parrott presented an overview of income and earnings to the New York City Workforce Funders, a group that meets quarterly to share information about workforce issues and enhance the effectiveness of New York City's workforce development programs.

State of Working New York 2012: Data Show a Disappointingly Weak Recovery

September 2, 2012. How are New Yorkers faring? Here's the gist of this year's annual report from FPI on the New York State economy: Unemployment in New York State has been around eight percent or higher for the past three and a half years, the longest stretch since the mid-1970s. The average duration of unemployment is currently nine months. The historic weakness of the recovery stems from the severity and nature of the Great Recession and financial collapse. Nationally, job growth has been about one [...]

Impact of the New York City FY 2013 Executive Budget Proposal on Women, Children and Families

June 18, 2012. This report prepared for the New York Women's Foundation shows that the budget cuts proposed in the Mayors Executive Budget fail to respond to heightened needs and jeopardize the outlook for economic improvement and security for many low-income women and their families. The proposed cuts and funding shortfalls increase the risk of poverty in two ways: by destabilizing those already struggling, and by reducing opportunities to move out of poverty. Reducing the reliance on spending cuts to balance the budget will mitigate [...]

Immigrant Small Business Owners: A Significant and Growing Part of the Economy

June 14, 2012. More than one in six small business owners in the United States is an immigrant, according to a new report from FPI's Immigration Research Initiative. Immigrants - people born in another country - make up 18 percent of all small business owners in the United States. By contrast, immigrants are 13 percent of the population and 16 percent of the labor force, according to the American Community Survey from 2010. That's a big change from 20 years ago, when immigrants made up [...]

What is the county-by-county impact of raising New York’s minimum wage to $8.50 an hour?

May 24, 2012. This new brief shows that among several of the state's larger upstate counties, the share of workers who would benefit directly is well above the statewide average - 10.1 percent of all resident workers. In Broome County 12.6 percent of workers would benefit, in Oneida 12.5 percent, Erie County 11.4 percent, Monroe 11.1 percent and Onondaga 10.9 percent. Downstate, 352,000 New York City workers would benefit directly, as would 126,500 Long Island workers and 72,500 workers in the northern suburban counties. In [...]

Fact vs. Fiction on Raising New York’s Minimum Wage

May 21, 2012. Last week, following Assembly passage of legislation to increase New York's minimum wage to $8.50 an hour, Senate Majority Leader Dean Skelos argued that the minimum wage increase would harm minimum wage workers because they would pay more in taxes and some might lose eligibility for Family Health Plus. In this brief, The Fiscal Policy Institute and the National Employment Law Project review the facts and show that, on an after tax basis, all minimum wage workers would be considerably better off [...]

Helping the Helpers Will Help Us All: The Economic Situation of New York City’s Health Care and Social Assistance Sector

May 7, 2012. A new report from FPI looks at the importance of jobs in the nonprofit health care and social assistance sector in New York City, and examines how the hardships facing the city's low-income population - the main constituency served by the nonprofit human services sector - have grown in the wake of the Great Recession of 2008-2009 and the weak recovery over the past three years. Full report Press release Companion report released by the Human Services Council of New York City Also [...]

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