ECONOMY ON THE UP & UP Expected To Beat National Rate Except for two quarters, the city’s News From The SOCIAL SECURITY ADMINISTRATION A Few Things To Know About Social Security Fine Italian Cuisine the Bamonte Family in 1900 ©Times Newsweekly - 2014 - BEMONTES Established by Closed Tuesdays FREE Parking BAMONTE’S 32 Withers St. Brooklyn, NY 11211 718-384-8831 • 718-384-9634 by Rosa Rodriguez Social Security Assist. Dist. Manager Women’s Equality Day is August 26, and this is the perfect time to remind you how much Social Security values and appreciates women. Even though men and women with identical earnings histories receive the same benefits, there are things women in particular should know about Social Security. There are trends and differences in lifestyle and patterns of earnings that can affect benefits. For example, some women may be caregivers for many people: spouses, children, and parents. Taking time away from the workplace to care for a newborn child, ailing spouse, or aging parent can have an impact on your future Social Security benefits. Also, despite significant strides through the years, women are more likely to earn less over a lifetime than men. In addition, women are less likely than men to be covered by private retirement plans, so they are more dependent on Social Security in their retirement years. Did you know that women tend to live on average about five years longer than men? This means more years depending on Social Security and whatever other retirement income or savings they accumulate. If a woman’s spouse earns significantly more than she does, it is very possible she will qualify for a larger benefit amount on the spouse’s record than on her own. To learn more, visit our Women’s page at www.socialsecurity.gov/women and read, print, or listen to our publication, What Every Woman Should Know. You may also be interested in listening to Carolyn Colvin, Acting Commissioner of Social Security, on National Public Radio as she talks about women and money. Just visit www.npr.org/2014/04/15/ 301782870/social-security-chiefwomen live-longer-so-they-should -save-early. To celebrate Women’s Equality Day, learn how Social Security treats men and women equally by visiting www.socialsecurity.gov/ women. Opera Classics Come To Ridgewood Members of Opera on Tap performed some of the greatest hits to a delighted audience at the 71st Avenue Plaza in Ridgewood on Saturday evening, Aug. 16. The group’s mission is to “promote opera as a viable, living and progressive art form deserving a place on the American cultural landscape.” Saturday’s program offered opera classics in a casual, outdoor setting. The event was sponsored by the Myrtle Avenue Business Improvement District and is part of a year-round program of events at Myrtle Avenue’s three pedestrian plazas. Pictured from left to right are Maria Elena Armuo, Kristopher Herron, Amir Khosrowpour, Anne Hiatt, Angela Dinkelman and Lindell Carter. 27 • TIMES, THURSDAY, AUGUST 21, 2014 The city’s real Gross City Product (GCP) grew an estimated 3.1 percent and represented an estimated four percent of the nation’s total economic output. “As the weather heated up, so did the city’s economy,” said Stringer. “Across the board, the city has outperformed previous quarters. While unemployment remains stuck at 7.9 percent, the economy has added tens of thousands of jobs in the private sector, pointing to a firmer labor market, stronger tax revenues and a more stable economy. The “New York City Quarterly Economic Update” analysis summarizes economic results for the second quarter of 2014, including GCP, job growth, income growth, unemployment rates and inflation, among others. Findings include: • The city’s private sector added 22,400 payroll jobs. private-sector job base has grown faster than the nation’s for the past eight years. • Both New York City total jobs and private-sector jobs were up by 6.5 percent and 8.4 percent respectively, since August 2008—the previous peak. The most significant gains this quarter were in leisure and hospitality and education and health services. • The unemployment rate in the city stayed at 7.9 percent, the same as the previous quarter. This rate is deceiving however, as the city’s labor force increased by 37,100 in the second quarter—the largest increase in over 12 years as a result of more people reentering the labor force. • Personal income tax withheld rose 6.6 percent in the second quarter to about $1.6 billion indicating positive income trends, job growth, salary increases and late bonuses. • Shoppers woke up from their winter slumber, with general sales tax collections rising 5.2 percent to $1.7 billion. • Transit ridership remained steady, with 1.5 percent more straphangers on New York City subways in April and May. Ridership fell 3.3 percent on buses, but the Long Island Railroad saw ridership gains of 4.3 percent. • Manhattan apartment sales climbed 6.3 percent higher than the same time last year—up to 3,342. The Brooklyn housing market also continued to do well, though the Queens’ median sale price dipped 9 percent, while the number of sales fell 3.6 percent. • The tourism industry is booming—with Manhattan hotel occupancy at 93.2 percent, the highest quarterly rate since records became available. • Broadway also continued its show-stopping year with ticket sales up 21.7 percent in the second quarter of 2014 and total attendance rising 21.7 percent during that same period. “We must remember these are not the boom-town years of the late 1990s or of the credit bubble years. There is mounting evidence that the national and local economies have settled into a prolonged period of steady but modest growth,” Stringer said. To read the full report, visit www.comptroller.nyc.gov. New York City’s economy grew more than three percent in the second quarter because of robust job growth and higher personal income, City Comptroller Scott M. Stringer found in his quarterly update on the city’s vital economic stats released last Thursday, Aug. 14. Eat at... ©Times Newsweekly - 2013 - JOE’S Joe’s Restaurant Right here in the ❤ of Ridgewood 66-11 FOREST AVENUE 1-718-497-1300 or 1-718-497-3734 • Between Gates Ave & Palmetto St. You can find us on www.joesrestaurantny.com Gift Certificates Available HIGH ACCLAIM Accepting 1/2 Daily News Credit Cards OPEN 7 DAYS FOR LUNCH & DINNER ––––– A Small Sampling of Our Menu Items ––––– Pollo CHICKEN CUTLET............................................$10.95 CHICKEN CUTLET WITH SAUCE...................$11.95 CHICKEN CUTLET PARMIGIANA....................$12.95 CHICKEN MARSALA........................................$12.95 CHICKEN CACCIATORE..................................$14.25 CHICKEN FRANCESE.......................................$12.95 Pesce LOBSTER & SHRIMP & MUSSELS.....................$26.95 FILET OF SOLE FRANCESE.............................$14.95 CALAMARI FRA DIAVOLO..............................$14.95 CALAMARI MARINARA.....................................$13.95 SHRIMP FRA DIAVOLO......................................$16.95 ALL SERVED WITH PASTA OR VEGETABLE Appetizers and Salads FRIED CALAMARI..................................................$8.50 BAKED CLAMS.......................................................$8.50 STEAMED CLAMS RED OR WHITE ..............................$8.50 STEAMED MUSSELS RED OR WHITE...........................$8.50 LITTLE NECK CLAMS ON THE HALF SHELL.................$8.50 SHRIMP COCKTAIL..................................................$8.50 ANTIPASTO SML. $8.95 LGE. ...................................$12.95 MIXED SALAD........................................................$4.50 CAESAR SALAD......................................................$4.95 CAESAR SALADwith GRILLED CHICKEN.......................$8.50 SLICED TOMATOES with AVOCADO & HEARTS OF PALM...$8.50 SLICED TOMATOES with ANCHOVIES............................$7.50 SLICED TOMATOES with MOZZARELLA........................$8.50 EVERYTHING COOKED TO ORDER • ASK FOR OUR DAILY SPECIALS NOW ACCEPTING RESERVATIONS FOR ANY OCCASION. 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