New York City’s jobs recovery happened faster than reported last year, painting a sunnier picture of the second pandemic year and the fledgling recovery, according to a revision published today by the New York Department of Labor.
By the end of 2021, the city’s total job count had a net decline of just 6.2%, not the 8.8% shown in the jobs report from December.
That translates to 103,400 more jobs added in 2021 than were initially accounted for—a notable percentage of the approximately 925,000 total lost as a result of the pandemic and policy disruptions in the spring of 2020.
Indeed, the city’s actual job increase was 312,800 for
→ Continue reading at Crain's New York Business
