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July 12, 2012
Do Forest City Ratner's part-time arena job numbers add up? If a maximum of 800 people work an event, it seems doubtful
Atlantic Yards Report
We're going to hear about arena jobs at the Atlantic Yards District Service Cabinet meeting this morning, but I don't think Forest City Ratner's numbers add up.
They've estimated that some 2006 employees would be hired at the arena, 1901 of them part-time, 105 full-time.
And they say that works out to 1,240 FTE (full-time equivalent) positions.
How get 1,135 FTE positions?
Subtract the 105 full-time jobs from 1,240 and that means that the part-time jobs add up to 1,135 FTE positions. That's the equivalent of 1,135 people working 40 hours a week.
But Bruce Ratner has already said that the maximum number of workers at any one time is likely to be about 800, while smaller events could have only 500 workers.
If the arena was being used 365 days a year, the figure of 1,135 FTE jobs might make sense, because there might be more than 40 hours weekly of 800 people per shift.
But there are supposed to be 225 events per year. That means even less than a full-time year-round schedule, or an event for each of 250 work days.
NoLandGrab: Imagine that! Forest City numbers that don't add up.
Posted by eric at July 12, 2012 1:05 PM