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Citigroup Fined for Misrepresenting Public

July 22, 2014
By Stephanie West


Washington DC - Citigroup, has acknowledged it made serious misrepresentations to the public. This included the manner in which Citigroup marketed and sold residential mortgage-backed securities (RMBS). The settlement requires Citi to pay $4.5 billion in hard dollars and provide $2.5 billion in consumer relief. New York State will receive $182 million: $92 million in cash and a minimum of $90 million in consumer relief for struggling New Yorkers.

Summertime is the right time to take a vacation – your health depends on it!

July 15, 2014
By Salvatore J. Armao, CPA/PFS, CFP, CFE, CGMA
Managing Partner, Armao LLP

Vacations aren’t just for fun…they are key to providing a variety of health benefits. According toSteve Blake, vice president of Clinical Operations at Managed Health Network, Inc., a subsidiary of Health Net, Inc., “A number of studies have shown that taking time away from the job can have physical and psychological health benefits. Workers who don't take advantage of the vacation time that they're eligible for could be shortchanging themselves in terms of benefits to their health."

Why the Minimum Wage is Important

July 9, 2014
By Oren M. Levin-Waldman

Amidst the debate over whether the minimum wage really helps those at the bottom or whether it causes more unemployment, we often lose sight of why it was needed in the first place. Today the debate over the minimum wage has become a side show between those who argue that it results in disemployment and those who argue that it benefits the poor.

Former Corning Clerk Stealing Public Funds

July 8, 2014
By Stephanie West


New York State Comptroller Thomas P. DiNapoli has announced the arrest of former city of Corning clerk Stephanie Burlew. She was charged with grand larceny in the third degree, a class D felony, for allegedly misappropriating more than $5,000 in public funds by pocketing parking permit fees; code enforcement fees; utility receipts; water and sewer fees; and parking summons fees.

NYS Free Business Support Services

July 7, 2014
By Stephanie West


Albany, NY -  New York State is partnering with the Department of Labor and more than 100 regional chambers of commerce throughout the state as part of a strategic approach to help businesses access capital incentives, grow their workforce and manage their operations. Combined, the chambers of commerce will relay the no-cost business support services to over 50,000 businesses across the state.

Changing Demographics in Manhattan's Office Workforce

July 3, 2014
By Stephanie West


New York, NY -- New York City’s changing population and economy have altered who works in Manhattan’s office buildings, according to a new analysis of workplace demographics, salaries and occupations released by New York City Comptroller Scott M. Stringer.

Save NJ Showboat

June 30, 2014
By NJS AFL-CIO President Charles Wowkanech


Trenton, NJ - New Jersey State AFL-CIO President Charles Wowkanech said that the state labor movement is determined to do whatever is necessary to save the 2,100 jobs jeopardized by Caesars Entertainment’s announcement to close Atlantic City’s Showboat Casino.

Fear of a Cat-Food Diet: Facing New York’s Retirement Crisis

June 25, 2014
By Steven Wishnia

New York — New York City and the United States are facing a “slow-motion retirement crisis,” says AFL-CIO national policy director Damon Silvers. With employers cutting pensions and middle-aged people sacked in the Great Recession unable to regain their incomes, the traditional “three-legged stool” of pensions, savings, and Social Security has been splintered for millions of people.

New Yorkers Support Carriage Drivers and So Does LaborPress

June 24, 2014
By Neal Tepel, LaborPress Publisher LaborPress Editorial


New York, NY - Many progressives and unionists were ecstatic about the election of Mayor de Blasio. His calls for universal pre-kindergarten, a massive investment in affordable housing, and combating inequality were music to our ears.

Mayor Appoints Gutman Brooklyn Navy Yard Chair

June 24, 2014
By Stephanie West


New York, NY — Mayor Bill de Blasio has announced the appointment of Henry (Hank) B. Gutman, a long-time Brooklyn resident, civic leader, and accomplished attorney, as chairman of the Brooklyn Navy Yard Development Corporation (BNYDC). The Brooklyn Navy Yard is the leading industrial park in New York City and houses more than 300 businesses employing 7,000 people.

Met Council Chief Sentenced in Kickback Scheme

June 23, 2014
By Stephanie West


New York, NY - Herbert Friedman, former Met Council chief financial officer has been sentenced to a felony conviction and will serve 4 Months in Jail and pay $775,000 in restitution. Friedman, together with other co-conspirators, stole over $9 million from the taxpayer-funded nonprofit organization in a 20-year grand larceny and kickback scheme.

NJ Required to Fund Public Employee Pensions

NJ Required to Fund Public Employee Pensions

June 19, 2014
By NJ AFL-CIO President Charles Wowkanech


Trenton, NJ - Charles Wowkanech, President of the New Jersey State AFL-CIO, released the following statement in response to Senate President Steve Sweeney's announcement that the Senate Democratic Majority will introduce a state budget that includes full funding for public employee pensions.

NYS Payroll Card Act to Protect Workers

June 19, 2014
By Stephanie West


Albany, NY – NYS legislation is proposed regulating the use of payroll cards to increase protections for workers. Payroll cards can provide a convenient method for workers to access their pay.

NYC Comptroller: Flexible Work Arrangements Improve Bottom Line

June 18, 2014
By Stephanie West


New York, NY—Flexible work arrangements can improve productivity and job satisfaction while helping New York City maintain its status as a magnet for top talent, according to a report released by New York City Comptroller Scott M. Stringer.  Stringer recommended best practices for flexible work arrangements (FWAs) and highlighted lawmakers at the federal, state, and city level who have proposed legislation for the “Right to Request,” a formal mechanism for workers and employers to discuss workplace flexibility issues.

Faith Leaders Urge Minimum Wage Raise

June 17, 2014
By Stephanie West


Albany, NY - More than 60 faith leaders from across New York has issued a letter to Gov. Andrew Cuomo and State Legislative leaders calling for an immediate hike in the minimum wage, saying “It’s the right thing to do – and it is our moral obligation.”

NYC Comptroller Urges Raising Minimum Wage

June 17, 2014
By Stephanie West


New York, NY – Raising the minimum wage to $13.13 in New York City would benefit nearly 1.2 million City residents by an average of $100 a week, according to an analysis released today by Comptroller Scott M. Stringer.

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