NYC Job Market: Stagnant Growth & Vulnerable Workers
Update: 2025-12-23
Description
New York Citys job market struggles, with Mayor Eric Adams projection of 150,000 new jobs by 2025 falling short by 110,000. Low-wage health care and social assistance roles account for most new positions, while private sector hiring stagnates. Wall Street thrives, with profits expected to reach $60 billion. Economists warn of rising precariousness for vulnerable workers, with Black unemployment spiking to 9%. Incoming Mayor Zohran Mamdanis plans for free child care could create jobs and boost wages. In this uncertain job market, self-care is essential. Checkout Solipillow.com
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