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Wednesday, June 5, 2024

NYC’s Job Boom Is Fueled by Taxpayer-Funded $38,280 Health Gigs

 

  • Almost all the gains were in publicly funded home health care
  • Construction, manufacturing, retail lag behind 2020 levels

New York Mayor Eric Adams likes to boast that since he took office in January 2022, the city has regained all of the 300,000 jobs it lost during the pandemic. Local officials note that the city and its suburbs added more total jobs over the past year than any other metro area in the US.

But those gains are placing significant strain on city and state finances.

https://www.bloomberg.com/news/articles/2024-06-05/nyc-s-job-boom-is-fueled-by-taxpayer-funded-38-280-health-gigs

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