By Rachel Kahn, THE CITY If you get laid off, head to the Department of Labor’s website ASAP. It’s a tough job market right now for lots of New Yorkers. As Elon Musk’s Department of Government Efficiency (DOGE) continues to cut staff across federal agencies, at least 942 former federal workers have filed for unemployment in […]
By Greg David, THE CITY Strong job growth and Wall Street bonuses show momentum but consumers are worried, tourism could weaken and layoffs loom. New York City is stuck in the middle of two crosscurrents that will determine whether the local economy will continue to grow this year or plunge into a recession. Big Wall […]
By Barbara Caress, Center for New York City Affairs “A racket.” That’s how Governor Kathy Hochul has bluntly described a key part of what is unquestionably New York City’s biggest job-creating industry: Medicaid-financed home care. Without home care increases, New York City’s job count would still be less than it was pre-pandemic. Hochul wants to save an […]