Posted inEconomy

Slow Rebound of Construction Jobs Threatens NYC Post-Pandemic Rebuild

The latest employment numbers are 25,000 below the city’s pre-coronavirus peak. With uncertainty over everything from the next mayor to Gov. Cuomo’s political fate, the industry is betting nearly all on President Biden’s $1 trillion infrastructure push.
Posted inEmployment

Jobs Making a Careful Comeback as NYC Reopens

The city gained 35,000 positions last month with restaurants and the arts showing signs of resurgence. Hopes raised by the easing of most restrictions this week are tempered by an 11% unemployment rate.