Tagged: income

Personal income growth in New York state remained below the national average in 2011, a new report shows. Figures from the Bureau of Economic Analysis show growth in some areas of New York were almost 2 percentage points below the national average of 5.2 percent.

A union-funded think tank finds that New York has the greatest income disparity in the nation. The Fiscal Policy Institute says that trend continues, with the top one percent gaining more financial resources, while the middle class is falling behind and the numbers of the poor are growing.

New York Senator Kirsten Gillibrand is pushing for the U.S. Senate to pass the Paycheck Fairness Act.

The proposed legislation would hold employers accountable for pay inequity among women employees. It would also make it easier for workers to pursue back pay and help women negotiate for higher salaries.