Mike Fishman, President of 32BJ, made the following statement in response to Mayor Bloomberg’s speech and veto today of the Good Jobs Act, known as the prevailing wage bill:

“This bill will ensure that building owners benefiting from public subsidies do not undercut private enterprise by paying wages below the predominant private-sector rate. We agree with the mayor about the need to protect taxpayers. But workers are taxpayers. This veto hurts city taxpayers, the economy and working families.”

With more than 120,000 members in eight states, 32BJ is the largest property service workers union in the country.