2009 State of the City - Issues
Job Growth | Small Business | Reducing Unnecessary Spending
Innovative Revenue Sources | Public Safety | Tax Reform | Tenants and Housing
Job Growth
"Another way we’ll create jobs is by focusing on entire sectors that we’ve left untapped for far too long. Again, we’ll build on our natural strengths."
Nursing Professors
Excerpt from Speech:
"We’re calling for a program to recruit experienced nurses from our City’s hospitals, and have them serve as guest faculty at CUNY schools. By adding just ten more nursing teachers, we’ll train 500 new nurses in the next five years. That’s 500 new jobs, and 500 people providing crucial health services to folks all across the city."
More Information:
Over the next decade, New York City will need 3,000 new nurses just to keep up with its growing population. Last year, CUNY was forced to turn away 575 qualified applicants because they didn't have enough nursing professors.
Biotechnology Industry
Excerpt from Speech:
"We’re also a center of cutting edge research for the biotech industry, creating advances in medicine our parents could never have imagined. But when it comes time to turn that new discovery into a new drug, New York loses out. Instead of creating jobs and economic activity here, biotech companies leave our city for places like Boston or San Diego."
More Information:
The Speaker proposed an annual tax credit of up to $250,000 to cover research and development expenses for biotechnology companies. With 9 world class research institutions, 26 medical centers, 175 hospitals, and an unparalleled talent pool, a biotech tax credit will help encourage development of New York City’s biotechnology industry.
Food Manufacturing
Excerpt from Speech:
"There are tens of thousands of New Yorkers employed in food manufacturing, most in small, locally owned businesses, many with ethnic specialties. There are people in every neighborhood famous for their beef patties, peirogis or pastelles. Some of them dream of opening their own business, but they don't have the start capital -- including the tens of thousands of daollars it can take to rent or outfit their own commercial kitchen."
More Information:
Food manufacturing is a $5 billion industry in New York City and employs over 19,000 people directly and supports a total of more than 33,000 jobs citywide. To sustain the momentum of the food manufacturing industry, the Council will partner with the Economic Development Corporation to create a shared commercial kitchen space for up to 60 start up food manufacturers.
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