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In drawn-out recovery, NYC inches out from COVID’s shadow

KIFI

By DEEPTI HAJELA
Associated Press

NEW YORK (AP) — It’s becoming clearer that New York City’s recovery from the pandemic will be drawn out and that some aspects of the city’s economic ecosystem could be changed for good. More workers returned to their offices as the summer ended. But those limited numbers mean continued hardship for New Yorkers whose jobs are built around the commuting class. Remote work has brought an upswing in jobs and liveliness to some neighborhoods in the outer boroughs. But that hasn’t made up for what’s been lost. The city’s unemployment rate was over 6% in August. That’s significantly higher than the national rate of under 4%.

Article Topic Follows: AP National Business

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