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How New York City Is Preparing Its Workforce For The Changing Economy

With the announcement Friday of a $155 million investment in small businesses, including $5.5 million for workforce development programming, Mayor Bill de Blasio staked a foothold along a critical frontier in New York City s pandemic recovery: preparing workers for the changing economy. The city s economy was devastated by the COVID-19 pandemic, with the unemployment rate jumping fivefold to a high of over 20% last June. In-person jobs have contracted significantly, especially in hospitality, nightlife, retail, and transportation, many of which were already in decline. At the same time, health and technology sectors have emerged from the pandemic ready for a boom. Nearly half a million city residents are unemployed and seeking new ventures in the molten industrial landscape.

Census data shows Mississippi s population declining

Census data shows Mississippi’s population declining Mississippi losing population By Courtney Ann Jackson | April 27, 2021 at 9:36 PM CDT - Updated April 27 at 9:58 PM JACKSON, Miss. (WLBT) - Mississippi is one of just three states that’s lost population in the last decade, according to the 2020 Census information released this week. Fewer folks identifying as Mississippians isn’t a shock to many. “A lot of our friends that I grew up with left the state and didn’t come back,” said Schuyler Dixon. “What brought us back was family, but for a lot of folks whose families leave too, there isn’t much of a draw here. There has to be some kind of reason to come back, whether that’s jobs or technology.”

April 2021: Latest updates from the Department of Neighborhood Development

Linkage Increase Signed Into Law Last month, the City signed a 42 percent increase in Boston’s Linkage fees into law. The Linkage Program requires large scale commercial developments of more than 100,000 square feet in Boston to pay into funds that support the creation of affordable housing and workforce development. The increase will raise the current fees to $15.39 per square foot, of which $13.00 will be dedicated to affordable housing and $2.39 will be dedicated to workforce training. The funds collected through Linkage are administered by the Neighborhood Housing Trust through the Department of Neighborhood Development (DND) and the Neighborhood Jobs Trust through the Mayor s Office of Workforce Development. Since 2014, the Linkage program has generated over $80 million to support affordable housing and job training from new development.

LEGISLATIVE UPDATE: Mayor Kenney Proposes Budget for Fiscal Year 2022 | Cozen O Connor

To embed, copy and paste the code into your website or blog: On April 15, Mayor Kenney presented his budget proposal to City Council. Mayor Kenney largely used the $1.4 billion from the American Rescue Plan to fill in revenue shortfalls. Throughout his address, he stated that he would like to prioritize equitable economic recovery, police reform, and public safety investments in this year’s budget. The proposed budget has $5.22 billion in revenue and $5.18 billion in expenses, which leaves a $109 million projected fund balance. Below are some highlights of the budget proposal: Tax Reductions: There are no tax or fee increases. The parking tax would return to pre-pandemic levels, and both the resident and non-resident wage tax would be reduced.

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