NYC now ranks near dead last in the country for its jobs recovery during the pandemic.
New York City is a jobs killer. Gotham now ranks near dead last in the country for its jobs recovery during the pandemic. America’s already regained 90 percent of its lost jobs — New York City, just six in 10. Unemployment is double the national average. And it gets worse: Many New Yorkers are leaving the workforce for good.
It’s time to get back to normal before it’s too late.
The pandemic took a big bite out of the Big Apple. The city lost 1 million jobs last year. Thousands of businesses closed their doors. And New York state as a whole was hardly better, with the worst employment deficits in the country. People-facing industries — from Broadway to hotels and retail — suffered the most. The rate of New Yorkers fleeing the city for good more than tripled on net during the pandemic.
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