Labor & Industry
Urbanomics’ economic services have been utilized by government agencies and nonprofit organizations to quantify the characteristics and economic contributions of workers and businesses from financial services to construction, health care, taxi services, higher education, and the entertainment industry. For the construction sector, Urbanomics has worked extensively with local industry advocates and labor groups to evaluate the character of New York City’s construction sector from trends in economic output and wages, to the level of government subsidies, locations and project teams used for the generation of new development projects. For health care and higher education sectors, Urbanomics has prepared near-term economic forecasts of construction activity generated from surveys of industry leaders and stakeholders. Our profiles of local construction labor have been used by NYSDOT for use in supporting fair contract negotiations as part of Project Labor Agreements with local labor unions.
Other industry studies have been used to inform policy recommendations such as Urbanomics’ economic impact study of NYC’s taxi industry for determining the issuance of additional taxicab medallions for the NYC Taxi and Limousine Commission. Urbanomics’ profile and modeling of economic impacts of New York City’s music industry for the Mayor’s Office of Media and Entertainment highlighted the industry’s complex ecosystem and comparative health to other major metropolitan areas, leading to enhanced local government support for the sector.