Bloomberg Budget Move Means Layoffs

Mayor Michael Bloomberg

While Mayor Mike Bloomberg is saying that he doesn’t want to layoff any city workers in order to get the city out of its economic funk, his office’s recent budget maneuvering has made layoffs all but certain.

Bloomberg had planned to layoff more than 20,000 workers earlier this year but the Obama stimulus package helped save those jobs. Not a year later, City Hall is moving back to original plan while New York City continues to see its unemployment rate grow. In Brooklyn, the unemployment rate is already a whole percent higher than the national rate.

According …continue reading

Bloomberg Wants Even More Budget Cuts

Mayor Mike Bloomberg

While New York Governor David Paterson tries to convince the state legislature to cut $3.2 billion from the state budget, New York City Mayor Mike Bloomberg wants to cut an additional $1.7 billion from the city budget.

Mayor Mike has said that he wants to cut $500 million from this years budget and $1.2 from next year’s.

His plan would involve cutting 1.5% of the education budget, 2% from the “uniformed services” (i.e. cops, firefighters), and 4% from everything else this year.

Next year, the education system would have its budget cut by an additional 4%, …continue reading