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NYS Jobs Express Lists 100K Available Jobs

June 6, 2014
By Stephanie West


Albany, NY - Almost 100,000 jobs are currently available and listed on the State’s Jobs Express website (www.jobs.ny.gov). The site sorts thousands of jobs by region and occupation, and also allows users to search jobs based on zip code and travel distance.

Seattle Workers Show the Way by Winning $15/Hour Wage Floor

June 5, 2014
By SEIU President Mary Kay Henry


Washington, DC - "Like working Americans across the country, the 2.1 million members of SEIU are tremendously inspired by the breakthrough vote by the Seattle City Council to lift the wage floor there to $15 per hour. Congratulations to everyone in the coalition who fought to make this victory possible.

Tech Industry Rapid Growth in Brooklyn

June 4, 2014
By Stephanie West


Brooklyn, NY - The Brooklyn Chamber of Commerce has released its Spring Labor Market Review report, “IT Grows in Brooklyn,” which examines the growth of the tech industry in Brooklyn since 2004. The tech sector has seen astounding growth in terms of the number of firms and employees located in Brooklyn. It's the fastest growing IT sector in New York City.

Open a College Savings Account for Children

May 30, 2014
By Stephanie West


New York, NY - New York State’s 529 College Saving Program has helped New York residents pay for more than $230 million in college-related expenses in 2014. The investment program is designed to help parents save for college and offers tax deductions up to $10,000 annually.

NYC Economy Outpaces the Nation

May 28, 2014
By Stephanie West


New York, NY—New York City’s economy grew almost three percent while the country’s economic growth was a sluggish 0.1 percent in the first quarter of 2014, New York City Comptroller Scott M. Stringer found in his first quarterly update on the City’s vital economic stats released May 28, 2014. The City’s Real Gross City Product (GCP) made up four percent of the entire country’s economic output.

Brooklyn Leads Economic Growth in NYC

May 28, 2014
By Neal Tepel


Brooklyn, NY - Brooklyn’s economy is rapidly expanding, adding jobs and businesses at a faster pace than the rest of New York City between 2003 and 2012. This according to an economic snapshot of Brooklyn released by New York State Comptroller Thomas P. DiNapoli. Kings County is now a leader in business and job expansion in New York State.

Jobs for New Yorkers' Initiative

May 23, 2014
By Stephanie West


New York, NY — Mayor Bill de Blasio has announced the 30 members of Jobs for New Yorkers’ that will develop real-time strategies to strengthen the city’s workforce and help workers develop the skills needed to secure good paying jobs in fast-growing careers. The task force will help shift the City’s approach to focus on employment for New Yorkers in skill-building, higher-wage jobs that offer opportunities for advancement.

NYS Summer Jobs Program Announced

May 23, 2014
By Stephanie West


Albany, NY - Governor Andrew M. Cuomo has announced that more than 18,000 young people from low-income households will gain valuable work experience, and a much-needed paycheck, through New York State’s Summer Youth Employment Program.

NYS Pension Fund Reaches Record High

May 20, 2014
By Stephanie West


The New York State Common Retirement Fund is now valued at an estimated $176.2 billion, the highest amount ever. The pension fund has reached an estimated 13.02 percent rate of return. “It was a stellar year for us. The Fund grew in value to a historic high of $176.2 billion," DiNapoli said.

How to Protect your Organization & Funds from Fraud

May 19, 2014
By Michael Fina,
Vice President / Institutional Banking, First Trade Union Bank

A slow economy like we’ve experienced in recent years can have many repercussions on a business. One negative impact that owners often don’t think about is a possible increase in fraud and embezzlement.

What’s Work Worth? Comparing International Minimum Wages

May 12, 2014
By Steven Wishnia

Germany, one of the highest-wage countries in the world, has no legally set minimum pay. Neither do Sweden, Finland, Denmark, Austria, and Italy. The reason, German economist Thorsten Schulten said April 29, is that with more than 85% of these countries’ workers covered by collective-bargaining agreements, unions believe they’re strong enough to guarantee good wages, and asking the government to do it would be “an expression of weakness.”

IAM President Buffenbarger Defends Retiree Pensions

May 12, 2014
By Neal Tepel

Washington, DC - The president of the International Association of Machinists and Aerospace Workers (IAM) is calling on members of Congress to reject any legislation that allows pension fund administrators to reduce or eliminate the pension benefits of retired workers.

City Council Proposes $74 Billion Budget

May 8, 2014
By Steven Wishnia

Expanding summer youth jobs, reducing outsourcing, hiring 1,000 new police officers, making school lunches free, and helping homeless people obtain housing are among the priorities in the City Council’s preliminary budget for fiscal year 2015, released April 23.

High-Tech is on The Rise in NYC

April 30, 2014
By Stephanie West


New York, NY - High-tech is one of the fastest growing industries in New York City, growing four times faster than the rate of job growth in the rest of the city’s economy, with annual salaries that are well above the citywide average.

Comptroller Stringer: Crisis in Affordable Housing

April 24, 2014
By Stephanie West


New York, NY—Housing in New York City became less affordable since 2000 as the median apartment rent rose by 75 percent while real incomes declined, according to “The Growing Gap: New York City’s Housing Affordability Challenge,” a report issued by New York City Comptroller Scott M. Stringer. 

Minimum Wage Increase in NY

April 21, 2014
By Neal Tepel


New YorK, NY - As efforts to increase the minimum wage to $15 an hour continue to move forward in Seattle and San Francisco, a group of New York lawmakers introduced a bill to raise the minimum wage to $15 an hour for many low-wage workers in the state. The minimum wage increase would affect business with yearly sales of $50 million or more and chains with at least 11 locations nationwide.

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