Can a Push for ‘Good Jobs’ Solve New York City’s Affordability Crisis?

Can a Push for ‘Good Jobs’ Solve New York City’s Affordability Crisis?

Can a Push for ‘Good Jobs’ Solve New York City’s Affordability Crisis?

To fight inequality, New York City’s mayor vows to create 100,000 jobs paying more than $50,000 a year.

Facebook
Twitter
Email
Flipboard
Pocket

On Monday night, New York City Mayor Bill de Blasio stood on the stage of the legendary Apollo Theater in Harlem, and delivered his third State of the City address—the last before he runs for reelection this November. As on so many other big nights for the mayor, those who support him and those who don’t will light upon the same reasons, spun different ways, for their vastly different sentiments.

De Blasio, for instance, is never shy about expressing his deep affection for his wife, Chirlane McCray. Some of us think the professions d’amour are cute, but others could do without.

His rhetoric trudges rather than rolls, waylaid by gaping pauses and the circuitous structure that comes from winging it. That lack of showmanship is endearing. Or not.

And then there’s the big one: that the mayor is still talking about the housing-affordability crisis that got him elected nearly four years ago. Some will fault him for not having solved that crisis yet, or for milking for political gain an emergency he knew he would be incapable of ending as mayor, or for adopting policies that failed to truly address the problem.

There’s merit to some of that skepticism, but it’s not as important as this truth: Housing affordability and income inequality are the most dire threats facing New York City, and a good mayor cannot help but at least try to wrestle that monster, even if it takes more than three years—and even if it takes a change in attack.

De Blasio has focused since taking office on trying to create and regulate housing so as to reduce the pressures on rent. On Monday night, however, he devoted the bulk of his speech to a sweeping promise to address the income side of that affordability crisis.

“We understand that the affordability crisis is a fundamental and a profound problem. It’s deep, but it’s not complicated. The math is real simple: Housing costs kept rising and rising, but incomes didn’t,” the mayor said, noting that from 1990 to 2014 the average rent in New York City increased 22 percent, adjusted for inflation, while over an even longer span real wages rose only 1 percent. “That’s what went wrong. That’s why people are struggling.”

He pointed to steps he’s taken to address that struggle: paid sick leave, support for a higher minimum wage, a two-year freeze on rents in rent-stabilized housing and—in just the past few days—announcing that he’d tilt his housing-development plan more toward lower incomes and pay for every tenant facing eviction to eventually have counsel in housing court. But he added: “We have to go even farther. Everything we’ve been doing so far is necessary. I believe it’s right, but I believe it’s not sufficient.”

“We have to now focus on the other half of the equation. We have to drive up incomes, and that means actually helping people to get the kind of jobs that allow you to afford to live in New York City,” he added. He defined a “good paying” job as one that was permanent, with a salary of $50,000 or greater, and said he wanted to create 100,000 such jobs over 10 years.

On how we’ll get there, the mayor was short on specifics. He mentioned the burgeoning film and TV sector, tech jobs, life sciences, and advanced manufacturing, and pointed to a handful of major business-development projects that will boost those very industries. But he presented no comprehensive plan.

It was also unclear how to understand the mayor’s goal in the context of the city’s recent economic performance. In July, the city boasted that since de Blasio took office in 2014 the city had added 283,500 private-sector jobs. That’s nearly three times de Blasio’s new, 10-year jobs target in less than a third of the time. The more relevant question is how many “good” jobs have been generated. In 2016 alone, the city added 85,000 private-sector jobs. About half those jobs were what the city comptroller calls “low wage,” with an average annual salary of $42,000. Still, roughly 30,000 were considered “medium-wage,” where the annual pay averaged $75,000—right in the sweet spot of what de Blasio wants to create.

The speech raised other questions. De Blasio opted not to talk about homelessness last night; he promised to address that massive problem in a different setting in coming days, along with opioid addiction and growing urban congestion. Some other big topics, like the next phase of police reform, also received cursory treatment.

But give him credit for not doing what many expected him to do in what was effectively his reelection campaign kick-off: rail against the increasingly frightening target of President Donald Trump. The mayor certainly spent time dissing the POTUS. Some of the best lines of the speech, particularly toward the end, celebrated the city’s values in opposing the travel ban and other measures from the first three weeks of Trump’s America. But the bulk of the talk was about the mayor’s jobs goal.

That goal will be dissected in the next few days. When it comes to the details of his plan to reach it, de Blasio does have nearly nine months between now and Election Day in which to fill in the gaps. Let’s hope he does—because turning the policy conversation in New York City from designing government programs to fill the gap between housing costs and wages toward a policy that focuses on creating and defending decent wages could be a very big deal.

De Blasio didn’t sketch out a map Monday night, but he at least set a new heading.

Thank you for reading The Nation!

We hope you enjoyed the story you just read. It’s just one of many examples of incisive, deeply-reported journalism we publish—journalism that shifts the needle on important issues, uncovers malfeasance and corruption, and uplifts voices and perspectives that often go unheard in mainstream media. For nearly 160 years, The Nation has spoken truth to power and shone a light on issues that would otherwise be swept under the rug.

In a critical election year as well as a time of media austerity, independent journalism needs your continued support. The best way to do this is with a recurring donation. This month, we are asking readers like you who value truth and democracy to step up and support The Nation with a monthly contribution. We call these monthly donors Sustainers, a small but mighty group of supporters who ensure our team of writers, editors, and fact-checkers have the resources they need to report on breaking news, investigative feature stories that often take weeks or months to report, and much more.

There’s a lot to talk about in the coming months, from the presidential election and Supreme Court battles to the fight for bodily autonomy. We’ll cover all these issues and more, but this is only made possible with support from sustaining donors. Donate today—any amount you can spare each month is appreciated, even just the price of a cup of coffee.

The Nation does not bow to the interests of a corporate owner or advertisers—we answer only to readers like you who make our work possible. Set up a recurring donation today and ensure we can continue to hold the powerful accountable.

Thank you for your generosity.

Ad Policy
x