# Professor Constantine Yannelis discusses the recently-released statistics on underemployment in New York City

1 Faculty News January 13, 2018 ![New York Post logo](/sites/default/files/styles/246w/public/assets/images/con_031743.jpg?itok=0h5FlsRq)>

Excerpt from [The New York Post](https://nypost.com/2018/01/13/the-nyc-minimum-wage-hike-is-going-to-screw-over-workers/) -- "'The numbers for New York City probably understate the problem, in that people probably have to leave the city if they are underemployed,' [Yannelis](http://www.stern.nyu.edu/faculty/bio/constantine-yannelis) added. 'It is not the kind of place to hang around, for instance, if you are unemployed, or in a job and not earning enough, because of the city’s high cost of living.'"

[Read more](https://nypost.com/2018/01/13/the-nyc-minimum-wage-hike-is-going-to-screw-over-workers/)