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> Finally, that the exit of 25,000 high paying jobs could be seen as some sort of victory is also alarming. NYC has really never recovered from the 2008 crash w
by joeyb1111 8y ago
> Finally, that the exit of 25,000 high paying jobs could be seen as some sort of victory is also alarming. NYC has really never recovered from the 2008 crash when ~500,000 well paying finance jobs were compressed/reduced/automated. NYC needs those jobs and the ecosystem they would create.
NYC unemployment is like 4%. I don't think it's in need.
- TuringNYC 8y agoThere is employment (96%) and then there is good employment. I'd argue the Amazon HQ2 jobs were good employment -- good salaries, benefits, training, etc. I understand that too low unemployment (<3%) is bad since it constricts movement and creates inflation. However, aren't high paying high benefit jobs always a good thing?