New York City Council Header
File #: Res 0046-2014    Version: * Name: Establish a Recovery and Opportunity Trust Fund.
Type: Resolution Status: Filed (End of Session)
Committee: Committee on Civil Service and Labor
On agenda: 2/26/2014
Enactment date: Law number:
Title: Resolution calling on the New York State Legislature to establish a Recovery and Opportunity Trust Fund to help train New York residents disproportionately impacted by chronic long-term unemployment factors.
Sponsors: Fernando Cabrera , Andy L. King, Annabel Palma, Deborah L. Rose, Helen K. Rosenthal
Council Member Sponsors: 5
Res. No. 46
 
 
Resolution calling on the New York State Legislature to establish a Recovery and Opportunity Trust Fund to help train New York residents disproportionately impacted by chronic long-term unemployment factors.
 
 
By Council Members Cabrera, King, Palma, Rose and Rosenthal
 
Whereas, The Dubois Bunche Center for Public Policy has issued a policy plan (the "Thurgood Marshall Plan"), which calls for lawmakers to create new localized systems for employment opportunities and business development within urban centers to address the negative impact of economic disparities that impact African American and Latino communities; and
Whereas, The recent recession has had a severe effect on the United States' economy and the unemployment rate; and
Whereas, According to statistics provided by the New York State Department of Labor, New York City has an unemployment rate of 8.9 percent as of October 2013; and
Whereas, Additionally, African Americans in New York State have been disproportionately impacted with an unemployment rate of 13.8 percent, in comparison to a rate of 7.9 percent for white New Yorkers, according to the 2012 annual averages reported by the United States Department of Labor; and
Whereas, The Bronx and Brooklyn are the boroughs with the largest proportions African American and Latino residents and have unemployment rates of 12.2 percent and 9.6 percent, respectively, as of October 2013; and
Whereas, A component of the Thurgood Marshall Plan calls for the establishment of a Recovery and Opportunity Trust Fund modeled after the Massachusetts Workforce Training Fund; and
Whereas, The Recovery and Opportunity Trust Fund should finance job training for residents living within neighborhoods plagued with high rates of long-term chronic unemployment; and
Whereas, Proponents believe the Recovery and Opportunity Trust Fund should also subsidize pre-apprenticeship and apprenticeship training that is linked to energy conservation, renewable energy, the rebuilding of core infrastructure, and the installation of broadband telecommunications networks throughout the City; and
Whereas, Lawmakers should develop policies that acknowledge disparities in urban neighborhoods, that identify neighborhoods with high rates of chronic unemployment, and that promote outcomes that advance equity and stability in job opportunities; now, therefore, be it
Resolved, That the Council of the City of New York calls upon the New York State Legislature to establish a Recovery and Opportunity Trust Fund to help train New York residents disproportionately impacted by chronic long-term unemployment factors.
JM
Res866/2011
LS 384/2014