New York State Comptroller Thomas DiNapoli wades in with his annual tally, estimating a 14% reduction in Wall Street bonuses last year, to $19.7 billion. That's a kiddie pool compared to 2006's Olympic-sized $34.3 billion payout.
Leaders of 1199 SEIU United Healthcare Workers East will push for City Council passage of a bill hiking the minimum wage by 59 percent at certain subsidized developments. Business interests oppose the measure.
With their savings depleted, older workers are putting off retirement and staying in jobs that otherwise would be freed up for a new generation of workers. As older workers stay on, the younger set scrambles to get a foot in the door.
Health care is one of a handful of industries across New York City in the vanguard of the battle for talent. Because of especially high demand, health care, engineering and online advertising are suffering from acute worker shortages.