Just six in 10 jobs lost during the pandemic have returned in New York State, nearly two years after many local companies laid off employees in response to the pandemic.
That slow comeback looks even worse compared to the rest of the country, where eight in 10 lost positions have returned, according to a new report by James Parrott, an economist at the Center for New York City Affairs.
“It paints a grim, but clear picture about how much of an outlier the state’s economy is relative to the national average,” Parrott said.
New York’s employment declined by 20% in the pandemic’s early days, compared to a
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