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NYC Posts Seventh Consecutive Month of Private-Sector Job Gains
August saw 20,700 private-sector jobs added in New York City, the seventh consecutive month of job gains, according to the New York City Economic Development Corporation. August’s job growth brings the private-sector total to 3,978,800, approximately 129,600 jobs short of its pre-pandemic total.
Since last August, New York City has added 294,300 private sector jobs. The annual growth of private-sector employment was 8%, faster than New York State (5.4%) and the U.S. (4.4%).
“It’s encouraging to see this streak of monthly increases in private sector employment continue for a seventh straight month, and especially so to see that more New Yorkers are choosing to re-enter the labor force,” said Maria Torres-Springer, Deputy Mayor for Economic and Workforce Development. “We are laser focused on maintaining this positive momentum and are redoubling our efforts to connect under and unemployed New Yorkers to family-sustaining careers.”
- ◦Economy
