New York City has reached a record high in employment, with job numbers totaling approximately 4.7 million. The city has successfully regained nearly one million jobs lost during the COVID-19 pandemic.
While this milestone was initially anticipated for 2025, Mayor Eric Adams attributed the achievement to intelligent investments in areas such as workforce and talent development and collaboration between city agencies, small businesses, and larger corporations.
Talking with CBS News, Adams said, “We’re really excited about this because it is a real indicator that we are not just surviving, we’re thriving.”
He added, “It’s just really amazing when you think about what this team and New Yorkers have accomplished, in spite of all that’s going on coming through COVID, dealing with the migrant situation.”
He also mentioned that the city welcomed 56 million tourists last year, with projections estimating 65 million visitors for this year.
Based on recent data from the state Department of Labor, the city reported an addition of 23,000 jobs in September, marking the highest monthly increase this year.
During the challenging months of March and April 2020, New York City experienced an unprecedented job loss of 928,000 positions.
In March 2022, Mayor Adams released “Rebuild, Renew, Reinvent,” which is the blueprint for New York City’s economic recovery.
Adams said, “No one wanted to do business in New York because the agencies were not focused on how we can be business-friendly and we changed some of the basic rules so people can navigate government in an easier way to open business here.”
He continued, “We infused technology into our city to make sure that we can function as a better city and we found efficiencies even in the most difficult time.”
Adams asserted that while these figures and achievements are commendable, the primary objective is to ensure that every New Yorker has equal access to these opportunities.
The mayor indicated that his administration plans to introduce additional policies to support the growth of small businesses, draw significant global employers, and guide more New Yorkers towards careers that can sustain families