Here is your October economic recovery update from THE CITY. We publish a new analysis of the city’s employment, job and fiscal indicators each month. More than 900,000 jobs have come back A surge in jobs in September puts New York City within 5,000 jobs of the 4.7 million employment record set in February 2020, […]
Tom DiNapoli
Posted inEconomy
Wall Street Powers Through Trouble, Sees Employment Rebound
The headlines about Wall Street this year have painted a dire picture. “New York firms lose $1 trillion in Wall Street business as firms flee the city,” screamed a New York Post headline in August. “Citigroup CEO sets sweeping management changes, job cuts,” reported Reuters the next month. But in fact, the securities industry is doing surprisingly well […]