By: Chris Tobias New York City is grappling with a dual economic challenge: persistent inflation that has driven consumer prices up nearly 22% since 2019, and a job market showing early signs of instability. For working-class New Yorkers, rising costs for essentials like food and transportation are straining household budgets, while the specter of slowing […]
By James A. Parrott, THE NEW SCHOOL | Editorial credit: JHVEPhoto / shutterstock.com Unemployment insurance (UI) provides bedrock social and economic security for us all. But in New York that foundation is badly fractured. Our State-administered UI funding setup unfairly penalizes small- and medium-sized employers. It pays woefully inadequate benefits to laid-off workers. And it […]
By Rachel Kahn, THE CITY If you get laid off, head to the Department of Labor’s website ASAP. It’s a tough job market right now for lots of New Yorkers. As Elon Musk’s Department of Government Efficiency (DOGE) continues to cut staff across federal agencies, at least 942 former federal workers have filed for unemployment in […]
By Caribbean Business Report The 5th United Nations Ocean Forum on trade-related aspects of Sustainable Development Goal #14 is taking place online. The ocean is essential to all life. It sustains biodiversity, regulates the climate and generates oxygen while supporting food security, creating jobs and driving global trade. But climate change, overfishing and pollution […]
Editorial credit: Luciavonu /shutterstock.com The economy is on track to grow by 4.3% in financial year 2024/25, registering a fourth consecutive year of GDP growth above 3% since Prime Minister Hon. Philip J. Pierre came to Office in July 2021. Following consecutive years of economic declines, from 3.4% in 2017 to 2.9% in 2018 and […]