New York is the leading city in the world for global competitiveness, edging out London and Singapore, according to a new report.
Articles by Daniel Massey
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.
Unions now have the smallest percentage of the New York workforce since it was first measured in 1989. But it’s still the highest in the nation.
In a memo released last month, the Department of Justice’s Office of Legal Counsel wrote that President Obama was justified in making the appointments.
A week after Brooklyn workers vote to unionize, company boss expresses disappointment in result and promises changes. Union says it’s too little, too late.
Lower-paying jobs make up most of the city’s expected job growth for the next two years as health care and social services positions flourish.
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.
For career counselors, supermarket owners and discount retailers, the bad times could be good.
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.