Economy, David Paterson | featured news

(Image from article: "NY governor asks unions to forego pay raise during crisis")

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Paterson Says He’ll Lay Off Workers Before Jan. 1

Gov. David A. Paterson cited the state’s financial problems in announcing a decision that reverses an earlier pledge.

NY governor asks unions to forego pay raise during crisis

The scheduled 4 percent pay rise was set to go into effect on Thursday and is on top of a 9 percent raise in the last three years, Governor David Paterson said. He reminded unions that in the past two years, more than 300,000 New Yorkers have lost jobs and nearly 9 percent of workers are unemployed.

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