Highlights The U.S. job market was mixed but still fairly solid in May, despite a further decline in Federal Government employment. Unemployment held steady but labor force participation fell. New York City’s April jobs report was mixed: a 6,300 private-sector job gain was largely offset by a downward revision to March; however, unemployment fell and the employment-population ratio reached a record high. Weekly jobless claims have remained subdued through the end of May. Inflation, both nationally and locally, slowed in...
New York, NY — New York City Comptroller Brad Lander released statement following the announcement of eBay and the TCGunion-CWA's closing agreement. For over two years, Comptroller Lander—on behalf of the City’s pension systems—has repeatedly called on eBay to address investors’ concerns about its labor relations. Following eBay’s July 2024 announcement of an assessment and a revision of its policy, Comptroller Lander urged eBay to expeditiously reach a collective bargaining agreement. Earlier this month, Comptroller Lander called on eBay to...
New York, NY—In light of the escalation of immigration enforcement by the Trump Administration and Immigration and Customs Enforcement (ICE) detaining immigrants outside of courtrooms, New York City Comptroller Brad Lander demanded that New York City bolster its immigrant legal services and protections. The City scaled up several of these programs, from ActionNYC to Rapid Response Legal Collaborative, in response to the anti-immigrant policies of the first Trump Administration, but in subsequent years, the Adams Administration cut or restructured these...
New York, NY— Today New York City Comptroller Brad Lander, New York State Comptroller Thomas P. DiNapoli (Trustee of the New York State Common Retirement Fund), Trillium Asset Management, SOC Investment Group (SOC), and Pensions & Investment Research Consultants Ltd. (PIRC) released a set of guiding principles on investor engagement with companies regarding labor relations. The “Guiding Principles of Collective Bargaining — An Investor Perspective” outline these institutional investors’ views on the fundamental right of collective bargaining, its importance in sustaining...
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