Latest Articles Tagged "income-inequality"
The trend marks a reversal of four decades of growing or flat income inequality in the city.
The declines in poverty and unemployment in New York City follow a national trend.
That's 3,700 people making quadruple what 1.8 million people do.
You might not be shocked to learn that the world's 62 richest people now possess more wealth than half the planet.
The mayor's salary could also go from $225,000 to $258,750.
"These data confirm once again that most workers in New York have not been sharing in the fruits of the state's economic growth over the past decade-and-a-half."
That's six times what the average New Yorker makes, and three times what a moderately experienced public school teacher does.
"Working part-time at UPS is like modern day slavery. That's the only way I can describe it."
Cuomo previously called a $13/hour minimum a "nonstarter" in Albany.
Though not explicitly stated, the board is expected to recommend a $15-per-hour wage, as fought for by employees.